BPI names Ginbee Go to succeed Limcaoco as CEO

Inquirer.net - Oct 22, 2026

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, the  Ayala-led bank said its board approved a succession plan for Go to assume the posts on April 26, 2027, following its annual stockholders’

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Peso sinks to new low ahead of BSP policy rate setting

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DA stands firm on blocking Vietnam rice shipment

Oct 22, 2026

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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 against illicit transactions. Tiu Laurel said he is exploring legal options, such as filing a case, after weeks of a misinformation campaign seeking to remove

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 pegged at P6.44 billion. In a statement on Wednesday, the company said its unit had signed definitive agreements with WNTR Property & Hospitality, an affiliate of Egyptian conglomerate

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 approval from other government agencies. Finance Undersecretary Rolando Ligon confirmed to reporters that the DOF had signed the JAO last week. It gave the other

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). “With values up now and it is a super El Niño, we expect losses to reach P20 billion,” Agriculture Secretary Francisco Tiu Laurel Jr.

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

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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 Organization (FAO) in Rome last week. The amount is nearly double the country’s target of $57.4 million in agricultural investments pitched by the government at the

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Oct 22, 2026

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

Oct 22, 2026

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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 earlier treatment to help keep medical costs in check. This comes as the health maintenance organization launched the upgraded MediGo

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 and disrupt raw material supplies for local food manufacturers. The Meat Importers and Traders Association (Mita) is urging the DA to end its ongoing investigation

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 exports entering the Japanese market. Among the products Manila is seeking duty-free access for are bananas, which currently face an 8-percent tariff during Japan’s summer season and 18

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