Economy
Bank of England’s chief economist says a rate hike need not be start of long series
Oct 15, 2026

Bank of England’s chief economist says a rate hike need not be start of long series

Markets expect a quarter-point increase after next week’s BoE meeting...

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BIR collects P203.581B in September 2026, up 10.93%
Oct 15, 2026

BIR collects P203.581B in September 2026, up 10.93%

The Bureau of Internal Revenue (BIR) on Thursday said it saw a double-digit revenue growth in September 2026 compared to last year....

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El Niño damage to agriculture hits P6.8 billion
Oct 15, 2026

El Niño damage to agriculture hits P6.8 billion

Agricultural damage has reached P6.8 billion this year as several areas struggle with dry spells linked to the very strong El Niño phenomenon in recent months....

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Peso breaches 63-level vs dollar, hits record low
Oct 15, 2026

Peso breaches 63-level vs dollar, hits record low

The Philippine peso breached the P63:$1 level for the first time on Thursday, hitting a fresh record low against the US dollar amid renewed tensions in the Middle East....

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Cash remittances rose to $3.035B in August 2026 -- BSP data
Oct 15, 2026

Cash remittances rose to $3.035B in August 2026 -- BSP data

Cash remittances from overseas Filipinos increased year-on-year in August 2026, data released by the Bangko Sentral ng Pilipinas (BSP) on Thursday showed....

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From the Iran War to the World’s Dinner Table: Key Implications for the Global Food Supply Chain
Oct 15, 2026

From the Iran War to the World’s Dinner Table: Key Implications for the Global Food Supply Chain

The Middle East conflict presents both risks and opportunities for Thailand's food industry. Rising energy and raw material costs, particularly fertilizers and plastic packaging inputs, are increasing...

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Gov’t urged to hasten Luzon corridor deals
Oct 15, 2026

Gov’t urged to hasten Luzon corridor deals

MANILA, Philippines — The country’s largest business group has urged the government to fast-track projects under the Luzon Economic Corridor (LEC) initiative, which it said presents a “significant opp...

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Peso breaches P63:$1
Oct 15, 2026

Peso breaches P63:$1

The Philippine peso weakened past the P63:$1 level in early trading on Thursday, breaching fresh record lows against the US dollar, data from the Bankers Association of the Philippines showed....

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Safeguards for ‘legitimate’ ’28 campaign donations pushed
Oct 15, 2026

Safeguards for ‘legitimate’ ’28 campaign donations pushed

MANILA, Philippines — Considering top business executives’ role in bankrolling political campaigns, the country’s largest business organization is studying how it can help ensure that campaign contrib...

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First Gen powers Japanese manufacturing facility in Cebu
Oct 15, 2026

First Gen powers Japanese manufacturing facility in Cebu

MANILA, Philippines — First Gen Corp. has activated a solar rooftop project for the auto and industrial parts production facility of a Japanese multinational firm. The Lopez-led firm said on Wednesday...

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