Economy
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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MediCard expects single-digit growth of claims cost
Oct 22, 2026

MediCard expects single-digit growth of claims cost

MANILA, Philippines — MediCard is expecting its healthcare claims cost per member to grow by only single digits this year, as it banks on its upgraded MediGo app to expand access to care and encourage...

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Meat importers oppose move for safeguard
Oct 22, 2026

Meat importers oppose move for safeguard

MANILA, Philippines — A group of meat importers has pushed back against an initial inquiry by the Department of Agriculture (DA) on additional tariff measures, saying this will stoke food inflation an...

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Manila, Tokyo seen wrapping up revisions to free trade pact
Oct 22, 2026

Manila, Tokyo seen wrapping up revisions to free trade pact

MANILA, Philippines — Manila and Tokyo might conclude negotiations to update their bilateral trade agreement this month, potentially paving the way for even more favorable tariffs on Philippine export...

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Use budget guidelines creatively
Oct 22, 2026

Use budget guidelines creatively

MANILA, Philippines — A budget should follow strategy. But if budget guidelines are followed too strictly and not creatively, the strategy will fail. This is especially relevant at this time, when Con...

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DBS favours Chinese banks; flags HSBC as long-term buy
Oct 21, 2026

DBS favours Chinese banks; flags HSBC as long-term buy

The brokerage sees recent weakness in the bank’s Hong Kong-listed shares as an attractive buying opportunity...

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The fake commute: How China's unemployed save face
Oct 21, 2026

The fake commute: How China's unemployed save face

BEIJING/HONG KONG - A photo of a home-cooked lunch almost exposed Coco Li's secret....

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TAT celebrates the launch of Virgin Atlantic’s inaugural flight from London Heathrow to Phuket
Oct 21, 2026

TAT celebrates the launch of Virgin Atlantic’s inaugural flight from London Heathrow to Phuket

TAT celebrated Virgin Atlantic's inaugural London Heathrow–Phuket flight, enhancing UK-Phuket access and encouraging longer stays and regional exploration....

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BIR sues two companies for P45 million in unpaid taxes
Oct 21, 2026

BIR sues two companies for P45 million in unpaid taxes

MANILA, Philippines — The Bureau of Internal Revenue (BIR) filed two criminal complaints before the Department of Justice (DOJ) on Oct. 14, 2026, involving combined assessed tax liabilities of ₱45.07 ...

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