Economy
Pinoys embracing AI in customer service — study
Oct 22, 2026

Pinoys embracing AI in customer service — study

MANILA, Philippines — Filipino consumers are warming up to artificial intelligence (AI) in customer service. However, they still want to know when they are dealing with technology rather than a human,...

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Peso sinks to new low ahead of BSP policy rate setting
Oct 22, 2026

Peso sinks to new low ahead of BSP policy rate setting

The Philippine peso fell to another record low on Wednesday as expectations of a more hawkish US Federal Reserve (Fed) bolstered the dollar, while investors awaited the next policy move of the Bangko ...

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DA stands firm on blocking Vietnam rice shipment
Oct 22, 2026

DA stands firm on blocking Vietnam rice shipment

MANILA, Philippines — Agriculture Secretary Francisco Tiu Laurel Jr. firmly stated that the agency’s recent decision to block a rice shipment from Vietnam last month aimed to safeguard the farm sector...

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Hotel101 debuts in Africa with P6.44-B Egypt hotel project
Oct 22, 2026

Hotel101 debuts in Africa with P6.44-B Egypt hotel project

MANILA, Philippines — Hotel101 Global, the Nasdaq-listed hospitality subsidiary of DoubleDragon Corp., is positioning itself in Africa by building one of Egypt’s largest hotels, with a project value p...

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DOF clears admin order to ease port congestion
Oct 22, 2026

DOF clears admin order to ease port congestion

MANILA, Philippines — The Department of Finance (DOF) has signed the long-delayed joint administrative order (JAO) aimed at addressing port congestion, but it has yet to take effect as it awaits appro...

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PH bracing for P20-B losses from El Niño 
Oct 22, 2026

PH bracing for P20-B losses from El Niño 

MANILA, Philippines — The Philippine agriculture sector may incur P20 billion in losses due to a potentially strong El Niño expected by early 2027, according to the Department of Agriculture (DA). “Wi...

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BSP urged to consider jumbo rate hike as inflation risks mount
Oct 22, 2026

BSP urged to consider jumbo rate hike as inflation risks mount

MANILA, Philippines — A more aggressive half-point increase in the policy rate of the Bangko Sentral ng Pilipinas (BSP) merits “serious consideration” to help anchor inflation expectations and contain...

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FAO Rome forum yields $100-M farm investment pledges
Oct 22, 2026

FAO Rome forum yields $100-M farm investment pledges

MANILA, Philippines — The Philippines has secured more than $100 million in investment pledges for the agriculture sector during a global event staged by the United Nations’ Food and Agriculture Organ...

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DOE chief rejects claims coal mine auction rules are unfair
Oct 22, 2026

DOE chief rejects claims coal mine auction rules are unfair

MANILA, Philippines — The country’s energy chief refuted claims of “unfair” coal mine bidding, as Semirara Mining and Power Corp. (SMPC) had alleged that the rules were designed to exclude it from the...

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VinFast parent Vingroup eyes $500-million EV factory in PH
Oct 22, 2026

VinFast parent Vingroup eyes $500-million EV factory in PH

MANILA, Philippines — Vingroup, the Vietnamese conglomerate behind electric vehicle (EV) brand VinFast, is investing $500 million to establish a manufacturing facility in the Philippines, with plans t...

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