Economy

SEC wants independent directors in firms with government contracts
Nov 2, 2026

SEC wants independent directors in firms with government contracts

The Securities and Exchange Commission is preparing to enforce stricter governance on corporations vested with public interest or those with significant government contracts....

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Online gaming tax still on DOF’s radar
Nov 2, 2026

Online gaming tax still on DOF’s radar

The Department of Finance is still studying a possible tax on online gaming, a measure first floated by Executive Secretary Ralph Recto to curb unrestricted access to gambling platforms....

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Oil drops as US midterm caution prevails
Nov 2, 2026

Oil drops as US midterm caution prevails

Brent crude futures fell 4.5% to about $108 as Iranian negotiators have left talks with Qatari mediators and a draft proposal is being circulated with a follow-up meeting possible....

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Telcos pass NTC’s Undas network checks
Nov 2, 2026

Telcos pass NTC’s Undas network checks

MANILA, Philippines — Mobile network services at major bus terminals across Metro Manila were generally reliable during this year’s Undas travel rush, according to the National Telecommunications Comm...

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P85M leisure investments eyed for Clark, Camp John Hay
Nov 2, 2026

P85M leisure investments eyed for Clark, Camp John Hay

MANILA, Philippines — The Bases Conversion and Development Authority (BCDA) will receive at least P85 million in investments for new leisure, recreation, and tourism developments in northern Luzon acr...

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Family offices seek to band together, form international body as global wealth swells
Nov 2, 2026

Family offices seek to band together, form international body as global wealth swells

Bid to create a global organisation may signal the opening up of a traditionally secretive sector...

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Gasoline prices set for P3.50-per-liter hike
Nov 2, 2026

Gasoline prices set for P3.50-per-liter hike

MANILA, Philippines — Filipino motorists will need to pay more for gasoline products this week, as oil firms plan to raise prices by about P3 per liter beginning Tuesday. The Department of Energy (DOE...

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Sunlight Air delays int’l foray
Nov 2, 2026

Sunlight Air delays int’l foray

MANILA, Philippines — Boutique carrier Sunlight Air is pausing plans to launch international flights and acquire larger aircraft as it focuses on weathering the Middle East crisis, which has weighed h...

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Lower principal payments ease Sept. debt burden
Nov 2, 2026

Lower principal payments ease Sept. debt burden

MANILA, Philippines — A sharp decline in principal repayments eased the government’s debt service burden in September, more than offsetting higher interest expenses, the Bureau of the Treasury said. T...

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Gasoline prices up P3 per liter starting November 3
Nov 2, 2026

Gasoline prices up P3 per liter starting November 3

Mixed fuel price adjustments will take effect on Tuesday, November 3, with gasoline increasing while diesel and kerosene prices roll back....

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