Economy

Developing Country Debt Reaches Record $9.4 Trillion in 2025 Amid Rising Burdens on the Poorest Nations
Nov 5, 2026

Developing Country Debt Reaches Record $9.4 Trillion in 2025 Amid Rising Burdens on the Poorest Nations

Private creditors returned in force and bond markets reopened, but poorest countries’ borrowing faced highest costs in decades....

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JetBlue raises checked-bag fee again to 'help offset' operating costs
Nov 5, 2026

JetBlue raises checked-bag fee again to 'help offset' operating costs

Less than a year after raising its checked-bag fees, JetBlue is once again increasing those same charges for most travelers....

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Asia banks hit as funding costs, credit charges crimp profit
Nov 5, 2026

Asia banks hit as funding costs, credit charges crimp profit

Leaders of lenders warn of a tougher road ahead, given geopolitical risks and higher energy prices...

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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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