Economy
GCash debuts on PSE with record P53-B IPO
Oct 21, 2026

GCash debuts on PSE with record P53-B IPO

MANILA, Philippines — GCash parent Mynt Inc. debuted on the Philippine Stock Exchange (PSE) on Tuesday following a P53-billion initial public offering (IPO), the largest in Philippine history, drawing...

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Higher electricity demand seen in 2027
Oct 21, 2026

Higher electricity demand seen in 2027

MANILA, Philippines — A Department of Energy official said Tuesday that the super El Niño will drive power demand above this year’s levels in 2027. Based on data from the DOE, electricity demand for n...

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PH auto sales revved up in September
Oct 21, 2026

PH auto sales revved up in September

MANILA, Philippines — The Philippine automotive market showed signs of a fightback in September, with sales jumping 20.6 percent from the previous month, although they remained below year-ago levels a...

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DA delays inspection facility construction to next year
Oct 21, 2026

DA delays inspection facility construction to next year

MANILA, Philippines — Increasing costs forced the Department of Agriculture (DA) to delay construction of inspection facilities in strategic areas nationwide to 2027, from the original schedule this y...

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DTI races to secure trade deals amid China row
Oct 21, 2026

DTI races to secure trade deals amid China row

MANILA, Philippines — Manila is pushing to conclude several free trade agreements (FTAs) before the end of the year, as a worsening diplomatic dispute with China raises questions about the potential i...

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Sugar sector opposes tax hike amid El Niño, pest threats
Oct 21, 2026

Sugar sector opposes tax hike amid El Niño, pest threats

MANILA, Philippines — The sugar industry is urging the Department of Finance (DOF) to reconsider its proposal to raise the excise tax on sweetened beverages, warning that the increase could further hu...

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More MROs coming to Clark airport, says BCDA
Oct 21, 2026

More MROs coming to Clark airport, says BCDA

MANILA, Philippines — Lufthansa Technik Philippines will not be the last maintenance, repair and overhaul (MRO) provider to set up shop at Clark International Airport, as the government is eyeing an a...

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DOF stands pat on BIR, BOC collection targets
Oct 21, 2026

DOF stands pat on BIR, BOC collection targets

MANILA, Philippines — The Department of Finance (DOF) sees no need yet to revisit the government’s tax revenue targets for the year despite the mixed performance of its two main collection agencies, w...

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BSP’s RRR cut plans clouded by inflation pressures
Oct 21, 2026

BSP’s RRR cut plans clouded by inflation pressures

MANILA, Philippines — Further cuts to banks’ reserve requirements remain an option for the Bangko Sentral ng Pilipinas (BSP), but its ongoing campaign to raise interest rates to tame inflation means t...

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Marcos admin open to selling Bataan nuclear power plant
Oct 21, 2026

Marcos admin open to selling Bataan nuclear power plant

MANILA, Philippines — The Philippine government might opt to sell the Bataan nuclear power plant (BNPP) in Morong, as the Department of Energy (DOE) saw encouraging results in reviving the mothballed ...

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