Economy
El Niño seen pushing up rice prices in 2027
Oct 31, 2026

El Niño seen pushing up rice prices in 2027

MANILA, Philippines — Global rice prices are projected to rise by nearly 18 percent on average next year as a strong El Niño threatens harvests across major producing countries, particularly those in ...

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Gasoline prices to rise anew in 1st week of November
Oct 31, 2026

Gasoline prices to rise anew in 1st week of November

MANILA, Philippines — Fuel retailers are expected to implement mixed adjustments in the prices of domestic petroleum products in the first week of November, with gasoline on track for another increase...

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Peso weakness pushes PH debt to new record high of P19.66 trillion
Oct 31, 2026

Peso weakness pushes PH debt to new record high of P19.66 trillion

The Philippines" sovereign debt piled up to a new historic high of P19.66 trillion as of the end of September, mostly driven by the peso"s weakness, which in turn raised the value of foreign currency-...

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Asia’s Economic Cycles Turn Inward as Regional Finance Gains Influence
Oct 31, 2026

Asia’s Economic Cycles Turn Inward as Regional Finance Gains Influence

For decades, Asia’s macroeconomic fortunes were viewed through two external lenses: Western demand drove its factories, while the Federal Reserve and the dollar shaped its financial conditions. Both r...

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Binance seeks to shore up confidence after record $6.3 billion heist
Oct 31, 2026

Binance seeks to shore up confidence after record $6.3 billion heist

Binance, the world's biggest cryptocurrency exchange, worked on Friday to shore up public confidence after a record $6.3 billion hack of its platform, promising it would cover all losses from company ...

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BSP: Oct inflation could top 8%
Oct 31, 2026

BSP: Oct inflation could top 8%

MANILA, Philippines — Consumer price growth may have accelerated to a more than three-year high in October, potentially breaching 8 percent as higher domestic energy prices and transport fares drove u...

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PH exports hit new peak in Sept; semiconductors for AI lead surge
Oct 31, 2026

PH exports hit new peak in Sept; semiconductors for AI lead surge

MANILA, Philippines — Philippine exports hit a record high in September, buoyed by the global artificial intelligence (AI) boom, which fueled demand for locally made electronics. But the semiconductor...

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BDO sets new 9-month profit record high at P63.6B
Oct 31, 2026

BDO sets new 9-month profit record high at P63.6B

MANILA, Philippines — BDO Unibank Inc. set a new record for its nine-month net income at P63.6 billion in 2026, up from P63.1 billion a year earlier, as stronger lending and improved asset quality sup...

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DoubleDragon’s core profit ballooned to P3.91 billion
Oct 31, 2026

DoubleDragon’s core profit ballooned to P3.91 billion

MANILA, Philippines — DoubleDragon Corp.’s core net income ballooned by 253.59 percent to P3.91 billion in the first nine months of 2026 as core revenues more than doubled amid its expanding overseas ...

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Crypto exchanges call for quick moves to bolster defences after Binance heist
Oct 31, 2026

Crypto exchanges call for quick moves to bolster defences after Binance heist

A record US$6.3 billion hack of Binance exposes its vulnerability...

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