Palace: Budget red flags can lead again to Marcos veto

Inquirer.net - Nov 4, 2026

MANILA, Philippines — President Marcos will not hesitate to exercise his veto power to remove questionable allocations from the proposed P7.2-trillion national budget for 2027, Malacañang said on Tuesday, after civil society watchdogs flagged more than P1 trillion in allegedly irregular spending and pork-barrel items in the House-approved version of the measure. Palace press officer

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BSP signals rate cuts still distant amid high inflation

Nov 4, 2026

BSP signals rate cuts still distant amid high inflation

MANILA, Philippines — Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Tuesday that the economy may have begun recovering in the third quarter, but noted that interest rate cuts could still be some way off as inflation is expected to remain elevated. Remolona said gross domestic product (GDP) growth in the third

PLDT parts ways with SGV after 24 years, hires Isla Lipana/PwC Philippines

Nov 4, 2026

PLDT parts ways with SGV after 24 years, hires Isla Lipana/PwC Philippines

MANILA, Philippines — Tycoon Manuel V. Pangilinan-led PLDT Inc. has tapped a new auditing firm to replace SyCip Gorres Velayo & Co. (SGV), which resigned as the telco giant’s independent auditor after 24 years over concerns about its independence. In a disclosure to the stock exchange on Tuesday, PLDT said SGV submitted its resignation on

Higher caps on pera contribution eyed

Nov 4, 2026

Higher caps on pera contribution eyed

MANILA, Philippines — The government is considering raising the annual contribution limits for Personal Equity and Retirement Account (Pera), allowing Filipinos to save more for retirement. In a statement on Tuesday, the Department of Finance (DOF) said it was looking to establish a uniform annual contribution limit to simplify the rules and promote greater equity among

Alternergy’s P6.7-B Quezon wind farm goes online

Nov 4, 2026

Alternergy’s P6.7-B Quezon wind farm goes online

MANILA, Philippines — Alternergy Holdings Corp. has activated its P6.7-billion wind farm in Quezon province, adding clean electricity to the Luzon grid. On Tuesday, the company announced that the 64-megawatt (MW) Alabat wind facility is among the first wind projects to receive energization under the government’s second green energy auction program (GEAP). READ: Alternergy profit jumps

Moody’s sees growth in PH sustainable bonds on infra, energy shift

Nov 4, 2026

Moody’s sees growth in PH sustainable bonds on infra, energy shift

MANILA, Philippines — Moody’s Ratings said infrastructure development and the energy transition will boost the Philippines’ sustainable bond market due to rising investor demand for stronger governance, transparency, and clear commitments on fund usage. The Philippines has the third-largest sustainable bond market in Southeast Asia, after Singapore and Thailand, with $23 billion in issuances, representing 17%

DigiPlus earnings eased by 12% to P8.9B

Nov 4, 2026

DigiPlus earnings eased by 12% to P8.9B

MANILA, Philippines — DigiPlus Interactive Corp.’s nine-month net income fell by about 12 percent to P8.9 billion from P10.11 billion a year earlier as the gaming company faced weaker revenues amid a softer macroeconomic environment. The gaming company said its earnings included noncash fair value gains from its investment in International Entertainment Corp.’s (IEC) convertible bonds.

Labour's EU food sellout: Deal cuts red tape on exports like sausages... BUT it'll cost UK millions and force us to follow Brussels rules

Nov 4, 2026

Labour's EU food sellout: Deal cuts red tape on exports like sausages... BUT it'll cost UK millions and force us to follow Brussels rules

The deal will slash red tape on food exports to the EU including lifting an effective ban on the sale of British sausages, burgers and shellfish.

Migrants who are handed settled status thanks to Labour's immigration U-turn will face having it cancelled, Tory leader Kemi Badenoch vows

Nov 4, 2026

Migrants who are handed settled status thanks to Labour's immigration U-turn will face having it cancelled, Tory leader Kemi Badenoch vows

The Conservative leader said foreign workers who fail to make a 'net contribution' to the country will lose so-called settled status, also known as 'indefinite leave to remain'.

North Carolina flips blue in first major Senate shake-up after Trump protege Michael Whatley suffers embarrassing fumble

Nov 4, 2026

North Carolina flips blue in first major Senate shake-up after Trump protege Michael Whatley suffers embarrassing fumble

Roy Cooper, a Democrat and former North Carolina governor, had enjoyed a strong lead over his opponent, Michael Whatley, for much of the campaign.

Democrats flip Senate battleground North Carolina in first major midterm scalp: Live updates

Nov 4, 2026

Democrats flip Senate battleground North Carolina in first major midterm scalp: Live updates

Democrats scored their first major midterm victory on Tuesday as former governor Roy Cooper flipped North Carolina.

Chinese scientists discover thickening ground ice in parts of warming Tibet

Nov 4, 2026

Chinese scientists discover thickening ground ice in parts of warming Tibet

The Tibetan Plateau, home to the world’s largest expanse of alpine permafrost, is warming at about twice the global average but, counter-intuitively,researchers have found that ice in parts of the Tibet autonomous region is actually thickening. A team from Peking University found that shallow ground ice has unexpectedly increased over the past 20 years, affecting more than a third of the plateau’s permafrost, a phenomenon driven largely by natural climate factors. The authors noted that the...

Revealed: Charities that called for Mahmood's immigration U-turn received more than £1billion in taxpayers' cash

Nov 4, 2026

Revealed: Charities that called for Mahmood's immigration U-turn received more than £1billion in taxpayers' cash

Charities that lobbied the Home Office to water down tougher immigration rules received more than £1billion in taxpayer cash, it can be revealed.

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