Economy

Rice inventory falls 8.3% in October as corn stocks rise -- PSA
Nov 5, 2026

Rice inventory falls 8.3% in October as corn stocks rise -- PSA

The country's rice inventory fell to 2.16 million metric tons (MT) in October, down 8.3% from the 2.35 million MT recorded in the same period last year, according to the latest data from the Philippin...

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Ayala Land nets P8.576 billion in Q3 2026
Nov 5, 2026

Ayala Land nets P8.576 billion in Q3 2026

Listed property developer and shopping center operator Ayala Land Inc. posted declines in its top and bottom line for the third quarter and year-to-date, as the company faced headwinds....

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Water industry veteran Alikpala to lead Maynilad
Nov 5, 2026

Water industry veteran Alikpala to lead Maynilad

MANILA, Philippines — Maynilad Water Services, Inc. (Maynilad) has named Ramon Alikpala as its next president and chief executive officer effective Jan. 1, 2027, succeeding Ramoncito Fernandez, who wi...

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Maharlika defers investment in Synergy Grid
Nov 5, 2026

Maharlika defers investment in Synergy Grid

Maharlika Investment Corporation confirmed that it has paused the proposed investment in Synergy Grid & Development Phils Inc. (SGP), amid the current conditions....

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The Medical City marks 59 years with PH’s #1 rankings in cardiology, oncology, and global smart hospital recognition
Nov 5, 2026

The Medical City marks 59 years with PH’s #1 rankings in cardiology, oncology, and global smart hospital recognition

The Medical City (TMC) celebrates its 59th anniversary with three distinctions from Newsweek and Statista: No. 1 among Philippine hospitals in Cardiology in the Best Specialized Hospitals Asia Pacific...

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The Medical City marks 59 years with PH’s #1 rankings in Cardiology, Oncology, and Global Smart Hospital
Nov 5, 2026

The Medical City marks 59 years with PH’s #1 rankings in Cardiology, Oncology, and Global Smart Hospital

The Medical City (TMC) celebrates its 59th anniversary with three distinctions from Newsweek and Statista: No. 1 among Philippine hospitals in Cardiology in the Best Specialized Hospitals Asia Pacific...

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Peso climbs back to P62-to-$1 level on US Democratic sweep
Nov 5, 2026

Peso climbs back to P62-to-$1 level on US Democratic sweep

The Philippine peso rallied back to the P62-to-one dollar level on Thursday amid optimism that the US-Iran war would end soon following the United States midterm elections "Democratic sweep."...

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October inflation surges to 7.8%
Nov 5, 2026

October inflation surges to 7.8%

MANILA, Philippines — Consumer prices grew 7.8 percent from a year earlier in October, driven by faster increases in transport costs and pricier utilities. The latest inflation rate was higher than th...

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Tech firm Amihan investing $1M build pool of AI engineers for PH
Nov 5, 2026

Tech firm Amihan investing $1M build pool of AI engineers for PH

Technology company Amihan Global Strategies is investing about $1 million for its newly launched Forward Deployed Engineer (FDE) Academy, which aims to pool of 1,000 to 2,000 local professionals and p...

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Ayala Land builds resilience as recurring income gains ground
Nov 5, 2026

Ayala Land builds resilience as recurring income gains ground

Ayala Land Inc. is strengthening its recurring-income businesses as a growing source of stability amid economic headwinds and challenges in the property sector, with leasing and hospitality revenues r...

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