Binance seeks to shore up confidence after record $6.3 billion heist

GMA Network - Oct 31, 2026

Binance, the world's biggest cryptocurrency exchange, worked on Friday to shore up public confidence after a record $6.3 billion hack of its platform, promising it would cover all losses from company funds and allow clients to trade again within days.

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A father’s lessons, a son’s defining honor

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Some of Alfred V. Ty’s most important lessons in real estate came long before he began building a name of his own. Much of what he learned from his father, the late Metrobank founder Dr. George S.K. Ty, continues to guide him today, shaping how he leads Federal Land Inc. and builds on its more

Room to breathe in a well-connected city

Oct 30, 2026

Room to breathe in a well-connected city

Even in a bustling city, there should always be room to breathe. Ayala Land Premier (ALP) has made this sense of openness a defining feature of Gardencourt Residences, a 2.1-hectare residential development in Arca South, Taguig City, where expansive spaces and landscaped gardens offer a welcome respite from the density of Metro Manila. Here, five

Giving luxury a distinctly Filipino feel

Oct 30, 2026

Giving luxury a distinctly Filipino feel

My philosophy for Gardencourt Residences is rooted in the belief that true luxury is not simply defined by how a space looks, but by how it makes people feel. I wanted to create an environment that moves beyond the traditional definition of luxury residential living to foster a genuine sense of belonging—refined yet deeply personal.

Rockwell makes room for a changing market

Oct 30, 2026

Rockwell makes room for a changing market

The Philippine property market has changed considerably over the past 30 years—and so have its homebuyers and investors. Competition has intensified, buyers have become more discerning, and even established developers can no longer take their position for granted. These changes are hardly lost on Rockwell Land Corp. president and chief operating officer Valerie Jane L.

Helping more Filipinos own the ‘dream’

Oct 30, 2026

Helping more Filipinos own the ‘dream’

Building a nation of homeowners starts with giving more Filipinos the means to become one. Making that possible, however, challenges the public and private sectors to bring quality homes within reach of more families while creating communities that improve how they live. Recognizing opportunity Robinsons Land Corp. (RLC) has long recognized this opportunity, drawing on

Thailand September Exports Surge 24% on Electronics and US Demand

Oct 30, 2026

Thailand September Exports Surge 24% on Electronics and US Demand

Thailand’s exports rose 24.0% year on year to US$38.4 billion in September 2026, driven by electronics, US demand, and Asian markets.

Asian property firms shift from owning more to earning more

Oct 30, 2026

Asian property firms shift from owning more to earning more

MANILA, Philippines – Major property companies across Asia are selling mature assets to fund new investments, reduce debt, and expand recurring-income businesses. The strategy reflects a shift in how developers measure success: less by the size of their portfolios and more by the returns they generate. Known as capital recycling, the approach allows developers to

Japan's beleaguered shoppers are a worry for convenience stores and the economy

Oct 30, 2026

Japan's beleaguered shoppers are a worry for convenience stores and the economy

TOKYO - Kana Sekiya, 43, used to shop near a train station in Tokyo on her way back home from work. Now she drives more than 30 minutes on weekends to a discount supermarket to buy groceries in bulk -- one of a growing number of consumers shifting their shopping habits as prices rise.

Philex core profit jumps 56% on lofty metal prices

Oct 30, 2026

Philex core profit jumps 56% on lofty metal prices

MANILA, Philippines — Elevated gold and copper prices drove a 56-percent surge in Philex Mining Corp.’s core earnings in the third quarter, more than offsetting a decline in production. On Friday, the mining company reported in a disclosure that core net income of P537 million from July to September, up from P344 million in the same

EastWest 9-month profit falls 24% to P5B

Oct 30, 2026

EastWest 9-month profit falls 24% to P5B

MANILA, Philippines — East West Banking Corp.’s net income fell by 24.2 percent to P5 billion in the first nine months of 2026 from P6.6 billion a year earlier, as heightened credit risks weighed on otherwise stronger operations. On Friday, the Gotianun family-led bank said it booked P15.9 billion in provisions for expected credit losses, citing

PCC fines MVP-linked firms P5.8M for late merger reports

Oct 30, 2026

PCC fines MVP-linked firms P5.8M for late merger reports

MANILA, Philippines — Two companies linked to tycoon Manuel V. Pangilinan received a P5.8-million fine for repeatedly missing the reporting deadlines that the Philippine Competition Commission (PCC) imposed as part of a merger clearance. According to the antitrust watchdog, it found Pilipinas Enterprise Management Holdings Inc. (PEMHI) and Meralco PowerGen Corp. (MGen) liable for violating the

NGCP opposes DOE transmission circulars

Oct 30, 2026

NGCP opposes DOE transmission circulars

MANILA, Philippines — The National Grid Corp. of the Philippines (NGCP) is seeking the withdrawal of two government circulars aimed at accelerating power project integration, saying these violate its exclusive mandate over the country’s transmission network. In a position paper, the local market’s sole grid operator expressed its “vehement opposition” to the circulars released by the

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