Economy
Biz groups’ clamor: Purge 2027 budget of dubious insertions
Oct 29, 2026

Biz groups’ clamor: Purge 2027 budget of dubious insertions

MANILA, Philippines — Major business and civil society groups are calling on Congress to ensure that no budget insertions lacking technical justification make it into the 2027 national budget, as they...

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ERC weighs relief measures to temper power rate hikes
Oct 29, 2026

ERC weighs relief measures to temper power rate hikes

MARINA BAY, Singapore — The Energy Regulatory Commission (ERC) said it is still exploring additional measures to cushion the impact of the weakening peso on power rates, as industry players are alread...

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Nickel production likely to stay flat this year
Oct 29, 2026

Nickel production likely to stay flat this year

MANILA, Philippines — Philippine nickel producers expect production to remain relatively unchanged this year, as erratic weather conditions and subdued global prices continue to impact the country’s m...

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Marcos to Filipinos: Help keep eye on proposed P7.2T national budget for 2027
Oct 29, 2026

Marcos to Filipinos: Help keep eye on proposed P7.2T national budget for 2027

President Ferdinand “Bongbong” Marcos Jr. is asking all Filipinos to help monitor the proposed P7.2 trillion national budget for 2027 to ensure funds don't end up in the pockets of corrupt politicians...

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ECB's Lagarde steps down, saying she can't remain neutral on world events
Oct 29, 2026

ECB's Lagarde steps down, saying she can't remain neutral on world events

European Central Bank President Christine Lagarde announced her resignation on Thursday, ending months of speculation about her future at a complex juncture for Europe and the ECB....

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Red alert up anew over Visayas grid
Oct 29, 2026

Red alert up anew over Visayas grid

MANILA, Philippines — Visayan consumers may face brownouts on Thursday as the grid operator has again issued a red alert for the Visayas grid due to persistently tight energy supply from outages at so...

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Business groups urge Congress to scrap P180-billion infra insertions
Oct 29, 2026

Business groups urge Congress to scrap P180-billion infra insertions

Almost 30 business organizations called on Congress to remove congressional additions amounting to almost P180 billion from the proposed 2027 national budget....

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PH shares rally on peso rebound
Oct 29, 2026

PH shares rally on peso rebound

Share prices on the Philippine Stock Exchange closed in the green on Thursday as the peso rebound to the P63:$1 level after hovering at P64-to-one dollar was cheered by the market....

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Peso rebounds to P63.85:$1 after two days above 64 level
Oct 29, 2026

Peso rebounds to P63.85:$1 after two days above 64 level

The Philippine peso strengthened against the US dollar on Thursday, returning to the P63-per-dollar level after President Ferdinand “Bongbong” Marcos Jr. said the government was working to prevent the...

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Philippine delegation secures $17.5 million in export sales at Hong Kong trade show
Oct 29, 2026

Philippine delegation secures $17.5 million in export sales at Hong Kong trade show

The Philippine delegation secured $17.5 million in total export sales at Asia Fruit Logistica (AFL) 2026 in Hong Kong in September, the Department of Agriculture (DA) said....

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