Economy
BIR files complaints vs. 2 firms over P45 million in unpaid taxes
Oct 22, 2026

BIR files complaints vs. 2 firms over P45 million in unpaid taxes

The Bureau of Internal Revenue said it has filed two complaints with the Department of Justice against two corporations due to P45 million in tax liabilities for taxable years 2017 and 2018....

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Mynt faces earnings test after PSE debut
Oct 22, 2026

Mynt faces earnings test after PSE debut

MANILA, Philippines — Fresh from its stock market debut, GCash operator Mynt Inc. is turning investors’ attention to its upcoming third-quarter results, which analysts expect will provide a clearer pi...

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Peso sinks beyond 63.4:$1
Oct 22, 2026

Peso sinks beyond 63.4:$1

MANILA, Philippines — The Philippine peso sank past 63.4 per dollar to hit a fresh record low on Thursday, as investors braced for the Bangko Sentral ng Pilipinas’ (BSP) next policy move amid persiste...

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DICT's Almirol denies conflict of interest involving his old firm
Oct 22, 2026

DICT's Almirol denies conflict of interest involving his old firm

Suspended Undersecretary David Almirol said that it was Multisys that belatedly filed its General Information Sheet before the Securities and Exchange Commission (SEC)....

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Power outages may hit Visayas consumers
Oct 22, 2026

Power outages may hit Visayas consumers

MANILA, Philippines — Consumers face brownout risks across the Visayas as the grid remains under red alert for a third straight day amid tight power supply. The country’s grid operator placed the Visa...

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Barclays bank to cut about 5,000 jobs amid AI drive
Oct 22, 2026

Barclays bank to cut about 5,000 jobs amid AI drive

Barclays announced it will cut around 5,000 jobs, or roughly 5% of its global workforce, by the end of 2026 in an AI efficiency drive, alongside an update that its net profit grew 13% in Q3....

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Mutual fund ownership among Singapore’s wealthy nearly trebles since 2022: Citi report
Oct 22, 2026

Mutual fund ownership among Singapore’s wealthy nearly trebles since 2022: Citi report

Singapore has the highest mutual fund ownership rate in Asia, even as a large share of assets remains in deposits...

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Mutual fund ownership among Singapore’s wealthy nearly trebles since 2022: Citi report
Oct 22, 2026

Mutual fund ownership among Singapore’s wealthy nearly trebles since 2022: Citi report

Singapore has the highest mutual fund ownership rate in Asia, even as a large share of assets remains in deposits...

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BPI names Ginbee Go to succeed Limcaoco as CEO
Oct 22, 2026

BPI names Ginbee Go to succeed Limcaoco as CEO

MANILA, Philippines — Bank of the Philippine Islands (BPI) has tapped consumer banking head Maria Cristina “Ginbee” Go to succeed Jose Teodoro “TG” Limcaoco as president and CEO next year. On Thursday...

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Philippine central bank delivers larger-than-expected 50 bps hike to combat inflation 
Oct 22, 2026

Philippine central bank delivers larger-than-expected 50 bps hike to combat inflation 

The move is BSP’s fourth straight increase; it lifts 2027 inflation forecast to 6% from 5.4% on oil and El Nino risks...

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