Economy

First week of November sees up to P3/L gasoline hike, slight rollback for diesel
Oct 30, 2026

First week of November sees up to P3/L gasoline hike, slight rollback for diesel

Mixed movements in pump prices are projected to continue as November starts next week....

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Gasoline up by P3/L, diesel slightly down in first week of November
Oct 30, 2026

Gasoline up by P3/L, diesel slightly down in first week of November

Mixed movements in pump prices are projected to continue as November starts next week....

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Potential Binance 'hack' forces crypto firms to freeze $3B
Oct 30, 2026

Potential Binance 'hack' forces crypto firms to freeze $3B

A suspected hack at Binance prompted cryptocurrency firms to freeze about $3 billion in assets, the company said on Thursday. The exchange, which described the situation as a "security issue," has tem...

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Sy pitches P700-B plan to reduce PH power costs
Oct 30, 2026

Sy pitches P700-B plan to reduce PH power costs

MANILA, Philippines — Tycoon Henry Sy Jr. has pitched a P700-billion intervention to help ease the country’s high electricity cost over the long term: allow energy superhighway National Grid Corporati...

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Canadian investor sizes up more RE projects
Oct 30, 2026

Canadian investor sizes up more RE projects

MANILA, Philippines — One of Canada’s largest investment firms is keen to expand its Philippine footprint, particularly in renewable energy, where it already has a presence, as well as in a business p...

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ERC eyes over P10/kWh price for gas auction
Oct 30, 2026

ERC eyes over P10/kWh price for gas auction

MARINA BAY, Singapore — The Energy Regulatory Commission (ERC) may propose an auction price above P10 per kilowatt-hour (kWh) for the country’s first mid-merit natural gas capacity bidding. ERC chair ...

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PH banks’ bad loans ratio eases to 9-mo low
Oct 30, 2026

PH banks’ bad loans ratio eases to 9-mo low

MANILA, Philippines — The share of bad loans on Philippine banks’ books declined to a nine-month low in September, as both lenders and borrowers stayed resilient amid a difficult economic landscape Pr...

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Tollways merger still on for 2026
Oct 30, 2026

Tollways merger still on for 2026

MANILA, Philippines — The mammoth merger between the country’s two largest toll operators may still push through this year despite only two months remaining, as the two groups are already crunching th...

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Planning a meaningful memorial
Oct 30, 2026

Planning a meaningful memorial

MANILA, Philippines — As families prepare to remember loved ones during All Saints’ and All Souls’ Day, conversations about death can feel especially close to home. For Riva “River” Galveztan, however...

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Jollibee eyes 1,500 areas for expansion
Oct 30, 2026

Jollibee eyes 1,500 areas for expansion

MANILA, Philippines — Jollibee Foods Corp. (JFC) has identified more than 1,500 potential trade areas for expansion from 2027 to 2030, with about 71 percent outside Metro Manila. These areas would sup...

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