Economy
Cyprus sees higher economic engagement with EU-Phl FTA
Oct 28, 2026

Cyprus sees higher economic engagement with EU-Phl FTA

Cyprus sees considerable potential for increased economic engagement with the Philippines once a free trade agreemen with the European Union  takes effect....

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El Niño and pumped hydro storage system
Oct 28, 2026

El Niño and pumped hydro storage system

After a prolonged La Niña from 2020 to 2025, we are back to El Niño phase this year until at least 2027. The current one is called a “Super El Nino” with temperature anomaly or deviation from the mean...

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Ayala sets P20 billion tender offer for Mitsubishi deal
Oct 28, 2026

Ayala sets P20 billion tender offer for Mitsubishi deal

The country’s oldest conglomerate is proceeding with a tender offer to acquire nearly P20 billion worth of shares to make way for larger investments from Japanese multinational Mitsubishi Corp....

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Share swap opens door for re-IPO of MGENR
Oct 28, 2026

Share swap opens door for re-IPO of MGENR

MGEN Renewables Inc. (MGENR) is entering into a P4.98-billion share swap with the Meralco Group’s renewable energy arm, laying the groundwork for a potential re-initial public offering (IPO) next year...

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Investing in Philippines, one project and one churro at a time
Oct 28, 2026

Investing in Philippines, one project and one churro at a time

Whenever I encounter a piece of Spanish culture in my hometown here in Manila – whether it may be through architecture, language, family traditions or even food, I am reminded that the relationship be...

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Shares retreat on peso, inflation woes
Oct 28, 2026

Shares retreat on peso, inflation woes

The local stock market retreated yesterday due to expectations that the worst is yet to be over for the peso’s decline, triggering economic, inflationary and monetary concerns....

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Financial system resources hit record P38.6 trillion in August
Oct 28, 2026

Financial system resources hit record P38.6 trillion in August

The total resources of the Philippine financial system climbed to a record P38.56 trillion in August as banks continued to expand their balance sheets, data from the Bangko Sentral ng Pilipinas (BSP) ...

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BIR to expand tax abatement program to small taxpayers
Oct 28, 2026

BIR to expand tax abatement program to small taxpayers

The Bureau of Internal Revenue  is looking at increasing the gross sales threshold of its one-time tax abatement program to benefit more small taxpayers....

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‘Philippines to be offshore wind powerhouse in Southeast Asia’
Oct 28, 2026

‘Philippines to be offshore wind powerhouse in Southeast Asia’

The Philippines is not only pursuing its first kilowatt-hours of offshore wind but also positioning itself as a regional leader in advancing the technology across Southeast Asia....

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‘Peso within reach of 65 to $1 level’
Oct 28, 2026

‘Peso within reach of 65 to $1 level’

The peso could weaken further toward 65 per dollar as persistent external pressures collide with weak domestic growth and elevated inflation, with former central bank governor Jose Cuisia Jr. saying t...

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