Economy

Jose Almendras receives Japan’s Order of the Rising Sun
Nov 3, 2026

Jose Almendras receives Japan’s Order of the Rising Sun

MANILA, Philippines — The Japanese government has conferred the prestigious Order of the Rising Sun on former Cabinet official Jose Rene Gregory Almendras in recognition of his contributions to streng...

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BBM should adopt an austerity budget
Nov 3, 2026

BBM should adopt an austerity budget

Former Central Bank governor Jose Cuisia Jr.  believes that President Marcos should show more political will to adopt an austerity budget to arrest the country’s growing debt-to-gross domestic product...

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Angry nerds
Nov 3, 2026

Angry nerds

The critics of the national budget, which the House recently passed, are ignorant, Deputy Speaker Ronnie Puno claims. Nothing could be further from the truth....

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SGV out as PLDT external auditor
Nov 3, 2026

SGV out as PLDT external auditor

Accounting giant SyCip Gorres Velayo & Co. (SGV) has resigned as external auditor of PLDT Inc., saying it could no longer be relied upon to independently check the telco’s finances....

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Philippine ranks 3rd in Southeast Asia’s sustainable bond market
Nov 3, 2026

Philippine ranks 3rd in Southeast Asia’s sustainable bond market

The Philippines has emerged as Southeast Asia’s third-largest sustainable bond market, raising $23 billion from 2017 through the third quarter of 2026, as growing demand for infrastructure, climate re...

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British chamber urges passage of 4 key bills
Nov 3, 2026

British chamber urges passage of 4 key bills

The British Chamber of Commerce of the Philippines (BCCP) is pushing for the passage of four legislative measures including the Cybersecurity Act and Digital Payments Act to boost investor confidence ...

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RSA, Razon firms among winners in 1st WTE auction
Nov 3, 2026

RSA, Razon firms among winners in 1st WTE auction

Companies backed by tycoons Ramon Ang and Enrique Razon Jr. are among nine firms poised to secure winning bids in the country’s first special waste-to-energy (WTE) auction....

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Factory activity stays in contraction in October
Nov 3, 2026

Factory activity stays in contraction in October

Philippine manufacturing activity remained in contraction territory for the second straight month in October as output and new orders continued to fall due to weak demand, according to S&P Global....

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JP Morgan to Ayala: Sell smaller units, take property arm private
Nov 3, 2026

JP Morgan to Ayala: Sell smaller units, take property arm private

J.P. Morgan has commended Ayala Corp.’s sharper portfolio management under president and CEO Cezar Consing, with the investment banking giant seeing more value being unlocked if the conglomerate sells...

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Hotel101-Madrid posts record-high revenues in October
Nov 3, 2026

Hotel101-Madrid posts record-high revenues in October

DoubleDragon Corp. continues to enjoy strong demand for its first Hotel101-branded property outside the Philippines, posting record-high revenues in October....

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