Economy
IMF cites AI slowdown, spiking yields as looming global market risks
Oct 13, 2026

IMF cites AI slowdown, spiking yields as looming global market risks

The institution warns that the consequences of a correction in artificial intelligence could be global; it also calls on policymakers to boost......

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BIR mandates 2% withholding tax remittance on electricity spot market sales
Oct 13, 2026

BIR mandates 2% withholding tax remittance on electricity spot market sales

The Bureau of Internal Revenue (BIR) has ordered the Independent Electricity Market Operator of the Philippines (IEMOP) to withhold, account for, and remit taxes for electricity transactions in the wh...

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Meralco rates up in October
Oct 13, 2026

Meralco rates up in October

Households should brace for a higher electricity bill this month, as Manila Electric Co. (Meralco) on Tuesday announced a rate increase for October, driven by higher generation charges which offset lo...

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Gas, kerosene prices up, diesel down
Oct 13, 2026

Gas, kerosene prices up, diesel down

In yet another mixed adjustment of pump prices, gasoline will increase by P1.56 per liter and kerosene by P1.77 per liter, while diesel will be rolled back by P3.01 per liter, beginning on Tuesday, ac...

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DA ramps up ube production in Cagayan Valley
Oct 13, 2026

DA ramps up ube production in Cagayan Valley

The Department of Agriculture (DA) is working with the Municipality of Echague, Isabela as well as local farmers to expand the country"s ube production to meet the growing international demand for the...

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CGSI upgrades DBS to ‘add’, raises target price to S$79.50
Oct 13, 2026

CGSI upgrades DBS to ‘add’, raises target price to S$79.50

Brokerage cites best-in-class return on equity and an attractive dividend yield...

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SSS orders 5 Pasay employers to settle P3.19M dues or face charges
Oct 13, 2026

SSS orders 5 Pasay employers to settle P3.19M dues or face charges

The Social Security System (SSS) has given five employers in Pasay City 15 days to settle P3.19 million in unpaid workers" contributions and penalties, warning that failure to comply could lead to cri...

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House helpers in CALABARZON to get P750 minimum wage increase on Oct. 26
Oct 13, 2026

House helpers in CALABARZON to get P750 minimum wage increase on Oct. 26

House helpers in CALABARZON will receive a P750 increase in their monthly minimum wage starting October 26, the Department of Labor and Employment (DOLE) said Tuesday....

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Condo supply, costs, borrowings constrain PH property market -- S&P
Oct 13, 2026

Condo supply, costs, borrowings constrain PH property market -- S&P

Excess condominium supply, rising costs, and expensive borrowing continue to constrain homebuyer demand in the Philippines, S&P Global Ratings Corporate Ratings Analyst Johann Tan said....

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Consensus builds for further BSP rate increases
Oct 13, 2026

Consensus builds for further BSP rate increases

MANILA, Philippines — The Bangko Sentral ng Pilipinas may have to raise its policy rate higher to rein in high inflation and help support the weakening peso, analysts said. In a note to clients, econo...

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