Economy
DA to bid out P1.9-B Clark National Food Hub construction
Oct 20, 2026

DA to bid out P1.9-B Clark National Food Hub construction

The Department of Agriculture (DA) is soliciting proposals for the construction of phase one of the Clark National Food Hub, valued at P1.9 billion, to streamline the distribution of agricultural prod...

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IMF Sees Asia’s Growth Slowing in 2027 as Energy Shock and Rising Bond Yields Raise Risks
Oct 20, 2026

IMF Sees Asia’s Growth Slowing in 2027 as Energy Shock and Rising Bond Yields Raise Risks

The IMF forecasts Asia-Pacific economic growth will slow to 4.4% in 2027, down from 4.8% in 2026 and 5% in 2025, citing risks from an energy shock, rising global bond yields, and uncertainty over AI d...

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AboitizPower lauded for contribution to Asean energy sector
Oct 19, 2026

AboitizPower lauded for contribution to Asean energy sector

MANILA, Philippines — Aboitiz Power Corporation (AboitizPower) was among the organizations commended by the Association of Southeast Asian Nations (Asean) for its exemplary contribution to the region’...

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GoTyme raises 2026 customer target to 12.5M
Oct 19, 2026

GoTyme raises 2026 customer target to 12.5M

MANILA, Philippines — Gokongwei-backed GoTyme Bank has raised its year-end customer target to 12.5 million from 12 million, as monthly customer additions surged to 450,000-500,000, nearly doubling fro...

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TAT and Tripadvisor are teaming up to support Thailand’s tourism transformation planned for 2027
Oct 19, 2026

TAT and Tripadvisor are teaming up to support Thailand’s tourism transformation planned for 2027

TAT and Tripadvisor collaborate to boost Thailand's 2027 tourism with destination marketing, insights, and digital promotion for high-value travel....

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Razon-Pacquiao firm says plebiscite okays venture with SOCOTECO II
Oct 19, 2026

Razon-Pacquiao firm says plebiscite okays venture with SOCOTECO II

A plebiscite has approved the proposed joint venture agreement (JVA) between SOCOTECO II and Primelectric"s IGNITE Power and Energy Holdings Inc., the latter said....

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Camp John Hay in for major facelift, utility upgrades
Oct 19, 2026

Camp John Hay in for major facelift, utility upgrades

MANILA, Philippines —The Bases Conversion and Development Authority (BCDA) is preparing to partner with the private sector to give Baguio’s iconic Camp John Hay a multibillion-peso makeover, upgrading...

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Biggest Converge data center planned for Luzon
Oct 19, 2026

Biggest Converge data center planned for Luzon

MANILA, Philippines — Converge ICT Solutions Inc. has abandoned its earlier plans to build its next major data center in the Visayas or Mindanao, instead scouting locations in Calabarzon for new facil...

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SMPC: Bidding rules risk billions in state revenues
Oct 19, 2026

SMPC: Bidding rules risk billions in state revenues

MANILA, Philippines — Semirara Mining and Power Corp. (SMPC) continued its tirade against the government coal bidding rules, saying that the planned auction would “kill” billions of pesos for no gain....

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Ignite Power-Socoteco II deal gets plebiscite approval
Oct 19, 2026

Ignite Power-Socoteco II deal gets plebiscite approval

MANILA, Philippines — Razon-led Primelectric Holdings Inc. is entering into a joint venture with South Cotabato II Electric Cooperative (Socoteco II) after a plebiscite approved the proposed deal. In ...

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