Economy
Stocks slip as investors cash in
Oct 13, 2026

Stocks slip as investors cash in

Investors yesterday decided to take profits amid economic concerns, cutting short the local stock market’s two-day climb....

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‘Complete secrecy’ in Semirara coal auction flagged
Oct 13, 2026

‘Complete secrecy’ in Semirara coal auction flagged

Semirara Mining and Power Corp. has criticized what it claims is “complete secrecy” surrounding the award of a new operating contract for the country’s largest coal mine....

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High food, energy prices to weigh on Philippines growth
Oct 13, 2026

High food, energy prices to weigh on Philippines growth

The Philippine economy is expected to book slower growth than most major Southeast Asian peers this year as high food and energy prices weigh on activity, before staging a stronger rebound in 2027, ac...

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Toyota eyes bigger bet on Tamaraw
Oct 13, 2026

Toyota eyes bigger bet on Tamaraw

Toyota Motor Philippines Corp.  is ready to make additional investments for the next-generation Tamaraw as it plans to participate in the government’s Revitalizing the Automotive Industry for Competit...

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FDI inflows sink 44% in July – BSP
Oct 13, 2026

FDI inflows sink 44% in July – BSP

Foreign direct investment net inflows into the Philippines fell sharply in July from a year ago, pulling the seven-month tally down by nearly a quarter as all major components of foreign investment we...

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Meralco rates rise in October amid higher generation costs  
Oct 13, 2026

Meralco rates rise in October amid higher generation costs  

MANILA, Philippines —Manila Electric Co. (Meralco) customers will have to tighten their belts as their power bills rise this month due to higher power generation costs. On Tuesday, Meralco said electr...

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Goldman’s equity traders post big haul as credit, rates miss
Oct 13, 2026

Goldman’s equity traders post big haul as credit, rates miss

Fixed-income and commodities traders bring in US$3.47 billion, much lower than expected...

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WESM prices rise to P7.43/kWh in September
Oct 13, 2026

WESM prices rise to P7.43/kWh in September

MANILA, Philippines — Power prices in the country’s spot market rose again in September because of outages at generation facilities and higher consumption. The system-wide average Wholesale Electricit...

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JPMorgan posts surprise drop in fixed-income trading revenue
Oct 13, 2026

JPMorgan posts surprise drop in fixed-income trading revenue

It says it expects to earn about US$106.2 billion in net interest income this year...

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Citi profit jumps 40% with higher investment banking, services and wealth revenue
Oct 13, 2026

Citi profit jumps 40% with higher investment banking, services and wealth revenue

Profit increased to US$5.25 billion, or US$2.85 per share, in the three months ended Sep 30...

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