Award-winning real estate developer Menarco Development Corporation has received the coveted champion award from the International WELL Building Institute (IWBI).
Nov 7, 2026
BACOLOD CITY—Despite securing an additional 9,151 metric tons (MT) of raw sugar export quota from the United States for fiscal year 2027, industry leaders on Wednesday reiterated their opposition to exporting domestic sugar during the current crop year. This allocation is part of the 1.12 million MT under the US tariff-rate quota system for fiscal
Economists caution that 86% of Thais lack retirement preparedness, emphasizing the need for earlier savings and investments due to increasing life expectancies.
Amid a bear market in China’s stock exchanges, Ren Zeping, the high-profile independent economist famed for his prescient call on China’s A-share bull market, is once again in the spotlight for a “gag order” on his social media, though industry insiders say that the move by the platform was not unexpected. Since October 24, Ren Zeping’s WeChat official account “Zeping Macro” could no longer be retrieved via search and would not accept new subscribers. The same restriction applied to his WeChat...
MANILA, Philippines — The sharp drop in palay and corn output due to weather disturbances and high input costs pulled down the country’s total farm production in the third quarter by a hefty 5 percent to P389.42 billion, according to the Philippine Statistics Authority (PSA). Data from the statistics agency showed that the value of agriculture
MANILA, Philippines — The Philippines’ unemployment rate rose modestly in September as job creation failed to keep pace with the growing labor force, pointing to mixed conditions in the country’s labor market. The Philippine Statistics Authority (PSA) on Friday said the jobless rate inched up to 5.4 percent of the labor force in September from 5.3
MANILA, Philippines — The Philippine economy could snap a four-quarter streak of slowing growth in the third quarter on the back of improving government spending and resilient exports, though the expansion is likely to remain subdued amid continued weakness in domestic demand. Gross domestic product (GDP) likely accelerated to 2.8 percent in the third quarter
MANILA, Philippines — Philippine banks remained in good shape in the first half of the year despite a rise in bad loans, with the Bangko Sentral ng Pilipinas (BSP) citing strong earnings, ample liquidity, adequate capital and stable funding as key buffers. In its latest Report on the Philippine Financial System for the First Semester of
MANILA, Philippines — German lender Deutsche Bank raised its full-year inflation forecast for the Philippines to 5.9 percent following the faster-than-expected October consumer price jump, though it maintained that the Bangko Sentral ng Pilipinas (BSP) has little need to raise interest rates again as price pressures remain concentrated rather than broad-based. In a note, Deutsche Bank
MANILA, Philippines — Robinsons Land Corp. (RLC) increased its consolidated net income by 11 percent to P13.4 billion in the January to September period, following the steady growth across its businesses. RLC on Friday said that its consolidated revenues in the first nine months went up by 8 percent to P38.5 billion. READ: Robinsons Land infuses
MANILA, Philppines — Converge ICT Solutions Inc. saw its bottom line dip in the first three quarters of 2026, as rising costs offset modest revenue gains fueled by its booming enterprise business. On Friday, the fiber connectivity provider reported a net income after tax of P8.1 billion for the January-to-September period, down 9.1 percent year-on-year from
MANILA, Philippines — DMCI Holdings Inc. posted a 28-percent rise in profit during the first nine months of 2026, with its businesses driving higher earnings, particularly power and nickel mining. The Consunji-led conglomerate said Friday its consolidated net income during the period had climbed to P15 billion from P11.7 billion. READ: DMCI profit jumped 26%
MANILA, Philippines — D&L Industries Inc., a listed specialty food ingredients and oleochemicals producer, is well on track for double-digit income growth this year after its diversified business segments emerged stronger despite persistent external factors hounding the market. In a media briefing on Friday, D&L president and CEO Alvin Lao said that the group’s earnings