Economy
Beyond risk prediction, AI can make insurance more preventive and inclusive
Nov 12, 2026

Beyond risk prediction, AI can make insurance more preventive and inclusive

“If AI only helps us predict who will have a claim, we have built a better risk model. If it helps us prevent that claim, protect more people, and make insurance more accessible, then we have built a ...

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New wells lift Malampaya gas output to 5-year high
Nov 12, 2026

New wells lift Malampaya gas output to 5-year high

MANILA, Philippines — Razon-led Prime Energy Resources Development B.V. said the local market’s only natural gas field has hit its highest delivery in five years after unlocking new gas supply. On Thu...

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As telco profits dip, MVP floats consolidation
Nov 12, 2026

As telco profits dip, MVP floats consolidation

MANILA, Philippines — Tycoon Manuel V. Pangilinan is again raising the prospect of consolidation among the country’s four major telecommunications companies as they grapple with rising costs, sluggish...

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GT Capital’s 9-month profit falls 10% to P23.3B
Nov 12, 2026

GT Capital’s 9-month profit falls 10% to P23.3B

MANILA, Philippines — GT Capital Holdings Inc.’s consolidated net income fell 10 percent to P23.3 billion in the first nine months of 2026 as economic growth slowed and high inflation weighed on consu...

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RE lifts First Gen 9-mo profit to P12.5B
Nov 12, 2026

RE lifts First Gen 9-mo profit to P12.5B

MANILA, Philippines — Lopez-led First Gen Corp. posted an uptick in earnings in the first nine months as it benefited from stronger results from its renewable energy assets. On Thursday, First Gen sai...

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ACEN gives up nearly 5GW more in renewable contracts
Nov 12, 2026

ACEN gives up nearly 5GW more in renewable contracts

MANILA, Philippines — ACEN Corp. has dropped 12 wind and solar service contracts in Luzon, letting go of nearly 5,000 megawatts (MW) of potential capacity, as the government continues to purge idle re...

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High fuel prices, peso slump ground CebuPac to P12.8-B loss
Nov 12, 2026

High fuel prices, peso slump ground CebuPac to P12.8-B loss

MANILA, Philippines — Budget carrier Cebu Pacific sank deeper into the red in the first nine months of 2026, posting a P12.8-billion net loss after a double whammy of soaring jet fuel costs and a weak...

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BIR eyes P3T in collections by end-November
Nov 12, 2026

BIR eyes P3T in collections by end-November

MANILA, Philippines — The Bureau of Internal Revenue (BIR) is eyeing the P3-trillion collection mark before the end of November––a goal that it plans to achieve through stronger tax compliance. On Thu...

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BankCom’s 9-month net income rises 15% to P3.17B
Nov 12, 2026

BankCom’s 9-month net income rises 15% to P3.17B

MANILA, Philippines — Bank of Commerce (BankCom), an affiliate of San Miguel Corp., grew its unaudited net income by 15 percent to P3.17 billion in the first nine months of 2026 as higher interest ear...

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Fuller carts, S&R crowds push Puregold profit up 18.8%
Nov 12, 2026

Fuller carts, S&R crowds push Puregold profit up 18.8%

MANILA, Philippines — Bigger shopper spending per transaction and more visits to its S&R warehouses lifted Puregold Price Club Inc.’s consolidated net income 18 percent to P8.67 billion in the first n...

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