Economy
UK investor BII eyes LEC climate infra projects
Oct 28, 2026

UK investor BII eyes LEC climate infra projects

MANILA, Philippines — The British International Investment (BII) has expressed interest in financing priority climate infrastructure projects under the Luzon Economic Corridor as part of its broader $...

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Imports remain subdued despite stronger demand for key goods
Oct 28, 2026

Imports remain subdued despite stronger demand for key goods

MANILA, Philippines — Philippine import activity remained subdued in the first nine months of the year despite stronger demand for several key commodities, according to the latest Bureau of Customs (B...

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World Bank funds P97.9M push to boost Bukidnon coffee
Oct 28, 2026

World Bank funds P97.9M push to boost Bukidnon coffee

MANILA, Philippines — A World Bank-funded initiative is providing P97.91 million for agricultural infrastructure, enterprise development, and water and irrigation to develop the coffee industry in the...

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Aboitiz airports seen beating ‘25 passenger tally
Oct 28, 2026

Aboitiz airports seen beating ‘25 passenger tally

MANILA, Philippines — Aboitiz Infracapital Inc. (AIC) is confident it can surpass last year’s passenger traffic across its three airports, despite the lingering impact of the Middle East war on travel...

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SEC flags Casa Spoonful’s investment scheme
Oct 28, 2026

SEC flags Casa Spoonful’s investment scheme

MANILA, Philippines — The Securities and Exchange Commission (SEC) has warned the public against investing in a restaurant franchise co-ownership scheme promising guaranteed monthly returns of up to 4...

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Peso continues freefall, from 63-64:$1 in 8 days
Oct 28, 2026

Peso continues freefall, from 63-64:$1 in 8 days

MANILA, Philippines — The Philippine peso fell past 64 per dollar for the first time on Tuesday, setting another record low as mounting economic uncertainty and external pressures fueled bets that the...

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Higher airfares coming in early November
Oct 28, 2026

Higher airfares coming in early November

MANILA, Philippines — Travelers booking flights within and out of the Philippines in early November may have to shell out more for tickets, as the allowable fuel surcharge is set to rise again amid gl...

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2-GW LNG power facility rising at Aurora ecozone
Oct 28, 2026

2-GW LNG power facility rising at Aurora ecozone

MANILA, Philippines — An American company is lining up an initial P9.45-billion investment to build a liquefied natural gas (LNG)-fired power generation and substation facility in an ecozone in Casigu...

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Maynilad shells out P10B for La Mesa dam upgrades
Oct 28, 2026

Maynilad shells out P10B for La Mesa dam upgrades

MANILA, Philippines — Maynilad Water Services Inc. (Maynilad) has spent nearly P10 billion to rehabilitate its La Mesa dam facilities as it gears up for drier weather brought by the super El Niño. The...

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DMCI to challenge DOE-DENR order
Oct 28, 2026

DMCI to challenge DOE-DENR order

MANILA, Philippines — DMCI Holdings Inc. said the joint circular on awarding contracts involving the Philippines’ natural resources could be challenged in court, warning that the new policy could slow...

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