Economy
P5-T investment needed to develop 25 GW hydropower
Oct 23, 2026

P5-T investment needed to develop 25 GW hydropower

MANILA, Philippines — Expanding the country’s hydropower capability with an additional 25 gigawatts will require about P5 trillion in new investments, an energy official said Thursday. According to Ar...

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1st Pampanga hospital makes renewable shift
Oct 23, 2026

1st Pampanga hospital makes renewable shift

MANILA, Philippines — Lopez-led First Gen Corp. has clinched a new pact to energize a tertiary hospital in Pampanga with renewable energy. On Thursday, the company announced it closed the agreement wi...

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DA, BOC tighten protocols for farm imports inspection
Oct 23, 2026

DA, BOC tighten protocols for farm imports inspection

MANILA, Philippines — The Department of Agriculture (DA) and the Bureau of Customs (BOC) have partnered to simplify the handling and inspection of shipments entering the country, including the disposa...

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EU-Philippines lab to let firms test AI before investing
Oct 23, 2026

EU-Philippines lab to let firms test AI before investing

Before spending on AI, Filipino MSMEs and start-ups could first test whether it works for them....

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BSP unleashes jumbo rate hike vs inflation
Oct 23, 2026

BSP unleashes jumbo rate hike vs inflation

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) raised its policy rate by half a percentage point to 5.5 percent on Thursday, delivering a bigger-than-expected increase as it stepped up it...

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BPI 9-month profit slips down to P48.9B
Oct 23, 2026

BPI 9-month profit slips down to P48.9B

MANILA, Philippines — Bank of the Philippine Islands (BPI) saw its nine-month net income fall 3.2 percent to P48.9 billion as higher provisions and operating expenses outpaced revenue growth. January ...

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Philippine merchandise exports seen breaching $100-B mark in 2026
Oct 23, 2026

Philippine merchandise exports seen breaching $100-B mark in 2026

MANILA, Philippines — Philippine merchandise exports could breach the $100-billion mark for the first time this year, as booming global demand for semiconductors and electronics continues to drive the...

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Miners decry proposed policy on contract awards
Oct 23, 2026

Miners decry proposed policy on contract awards

MANILA, Philippines — A joint circular from the Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR) might undermine the government’s efforts to make the Philippin...

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Peso extends losses, falls past 63.5:$1
Oct 23, 2026

Peso extends losses, falls past 63.5:$1

MANILA, Philippines — The Philippine peso sank to another record low on Thursday, extending its slide despite a larger-than-expected interest rate increase by the Bangko Sentral ng Pilipinas (BSP), as...

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Ecozone investments meet P300-billion 2026 target early
Oct 23, 2026

Ecozone investments meet P300-billion 2026 target early

MANILA, Philippines — Investments at economic zones drew closer to reaching a record high in 2026 after the Philippine Economic Zone Authority (Peza) approved new projects that brought its year-to-dat...

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