Economy

Attracting tech giants to Pax Silica not enough, UP study warns
Nov 3, 2026

Attracting tech giants to Pax Silica not enough, UP study warns

MANILA, Philippines — Even if the Philippines succeeds in attracting some of the world’s biggest technology companies to its Pax Silica hub, the United States-backed project may not necessarily move t...

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DOE ready to defend asset-surrender rule in court
Nov 3, 2026

DOE ready to defend asset-surrender rule in court

MANILA, Philippines — The Department of Energy (DOE) is prepared to fight to keep the asset-surrender provision, as the Consunji Group floated the possibility of challenging the rule in court. “Yes, w...

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PH eyeing to end tax break on low-cost imports
Nov 3, 2026

PH eyeing to end tax break on low-cost imports

MANILA, Philippines — The Department of Finance (DOF) is studying the possible removal of the tax exemption on imported packages worth less than P10,000, known as the “de minimis” rule, as the governm...

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Will a P20 sugar tax make Filipinos healthier?
Nov 3, 2026

Will a P20 sugar tax make Filipinos healthier?

MANILA, Philippines — If the government wants Filipinos to consume less sugar, why tax beverages by the liter rather than by how much sugar they contain? This is the question policymakers should answe...

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North Korea says US allegations linking it to Binance heist are ‘absurd rhetoric’, KCNA says
Nov 3, 2026

North Korea says US allegations linking it to Binance heist are ‘absurd rhetoric’, KCNA says

Members of a North Korean state-sponsored unit known as TraderTraitor were responsible, said the FBI...

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Price Tracker: Oil, fuel monitor for Nov. 3 - 9, 2026
Nov 3, 2026

Price Tracker: Oil, fuel monitor for Nov. 3 - 9, 2026

The first week of November sees gasoline prices increasing by P3.5/L and diesel and kerosene prices decreasing by P1/L and P1.9/L, respectively....

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Trump Administration Said to Plan Rolling Back Pregnancy-Related Job Protections
Nov 2, 2026

Trump Administration Said to Plan Rolling Back Pregnancy-Related Job Protections

The Biden era law was meant to help women stay in the workplace, but some conservatives say rules to enact it went too far with coverage for abortion and fertility treatment....

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Private equity’s liquidity crunch fuels growth in secondaries, alternative fund structures
Nov 2, 2026

Private equity’s liquidity crunch fuels growth in secondaries, alternative fund structures

The secondary market remains undercapitalised relative to the potential demand for liquidity...

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Trump’s Tariffs Are On the Ballot in Michigan
Nov 2, 2026

Trump’s Tariffs Are On the Ballot in Michigan

The levies as well as trade fighting with Canada are facing a test in the state, where voters appear skeptical of free trade but also of the president’s erratic approach....

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Southeast Asia’s AI Advancement Demands Greater Openness and Accountability
Nov 2, 2026

Southeast Asia’s AI Advancement Demands Greater Openness and Accountability

Southeast Asians are divided on AI's environmental impact. Survey data shows 47.9% view AI positively, 30.2% negatively, and 21.9% uncertain. Data centres consume growing electricity; governments shou...

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