Economy

The scariest things are not in costumes
Oct 30, 2026

The scariest things are not in costumes

Halloween. Children dress as ghosts, witches, vampires and assorted creatures that would make any respectable homeowner hesitate before opening the door. Shopping malls display cobwebs, skeletons and ...

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Trade gap widens to $5.15 billion in September
Oct 30, 2026

Trade gap widens to $5.15 billion in September

The country’s trade deficit widened in September despite record exports earnings and fastest growth in over five years, according to data from the Philippine Statistics Authority (PSA)....

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Weak peso pushes NG debt to record P19.66 trillion
Oct 30, 2026

Weak peso pushes NG debt to record P19.66 trillion

The country’s outstanding debt ballooned to another record high of P19.66 trillion as of end-September, due to issuance of government securities and peso depreciation against the dollar....

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Metrobank named Philippine’s strongest bank for sixth straight year
Oct 30, 2026

Metrobank named Philippine’s strongest bank for sixth straight year

Metropolitan Bank & Trust Co. (Metrobank) has retained its title as the Philippines’ strongest bank for the sixth consecutive year, according to financial research and intelligence provider The Asian ...

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DoubleDragon profit soars to P3.91 billion from January to September
Oct 30, 2026

DoubleDragon profit soars to P3.91 billion from January to September

DoubleDragon Corp., the listed property business of Edgar “Injap” Sia II and Tony Tan Caktiong, has nearly quadrupled its profit, fueled by strong overseas projects that generate dollar revenues....

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Shares tumble, peso gains ahead of Undas break
Oct 30, 2026

Shares tumble, peso gains ahead of Undas break

Investors yesterday made sure to cash in profits before heading into the Undas break, having no motivation to buy more due to uncertainties on the economic front....

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FDA sounds alarm over illicit sale of squishy toys
Oct 30, 2026

FDA sounds alarm over illicit sale of squishy toys

In August, the United States’ Consumer Product Safety Commission also warned consumers about fake squishy toys that could be choking hazards due to their materials. The CPSC explained that some squish...

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Moody’s cuts Philippine 2026 growth forecast to 3.3 percent
Oct 30, 2026

Moody’s cuts Philippine 2026 growth forecast to 3.3 percent

Moody’s Ratings has further trimmed its Philippine growth forecast for 2026 to 3.3 percent from 3.6 percent previously as elevated energy prices and weak investment continue to weigh on economic activ...

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PH pushes wider social security coverage for freelancers
Oct 30, 2026

PH pushes wider social security coverage for freelancers

MANILA, Philippines — The Social Security System (SSS) is partnering with the Department of Information and Communications Technology to expand social security coverage for an estimated 1.5 million fr...

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North Korea linked to $6.3B Binance hack
Oct 30, 2026

North Korea linked to $6.3B Binance hack

A North Korea-based cybercrime group appears to be behind a $6.3 billion hack of the cryptocurrency exchange Binance, according to two blockchain intelligence firms. Both TRM Labs and Chainalysis tied...

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