NASECORE urges fair competition, consumer protection in Semirara coal mine auction

GMA Network - Oct 16, 2026

The National Association of Electricity Consumers for Reforms (NASECORE) has called on the Department of Energy (DOE) to establish clear, transparent, and enforceable bidding parameters for the next Semirara coal operating contract, as it emphasized that any decision must prioritize public interest, consumer protection, and national energy security.

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Leaving portfolio decisions to the professionals

Oct 16, 2026

Leaving portfolio decisions to the professionals

[The content of this article has been produced by our advertising partner.] For anyone with a smartphone, market information is rarely far away. Market prices, company news, economic data and analysis can all be pulled up in just seconds. But access to information does not necessarily make the next investment decision any easier. A June 2026 HSBC survey of more than 1,200 affluent and high-net-worth investors in Hong Kong found that 60 per cent said a financial professional or institution had...

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Oct 16, 2026

Peso sinks past 63:$1 for the first time

MANILA, Philippines — Expectations of higher US interest rates bolstered the greenback and dragged the Philippine peso past 63 per dollar for the first time on Thursday, putting the spotlight on how the Bangko Sentral ng Pilipinas (BSP) will respond to stubbornly high inflation and currency volatility. The peso lost 19 centavos from its previous

Overseas Filipino remittances hit 3-month bottom in August

Oct 16, 2026

Overseas Filipino remittances hit 3-month bottom in August

MANILA, Philippines — Money sent home by Filipinos overseas hit a three-month low in August, as remittance growth remained modest amid geopolitical risks facing migrant workers abroad. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed that cash remittances coursed through banks grew 1.9 percent from a year earlier to $3.03 billion. This marked the

Domestic flyers lift Cebu Pacific in lean September

Oct 16, 2026

Domestic flyers lift Cebu Pacific in lean September

MANILA, Philippines — Cebu Pacific managed to grow its passenger traffic in the traditionally lean month of September, thanks to its larger domestic network, which delivered enough growth to offset a decline in international travel. The low-cost carrier disclosed on Thursday that passenger traffic rose by 4.4 percent to 1.91 million in September from 1.83

UPS launches $80-m hub at Clark International Airport

Oct 16, 2026

UPS launches $80-m hub at Clark International Airport

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Philex Mining settles with labor union on CBA dispute

Oct 16, 2026

Philex Mining settles with labor union on CBA dispute

MANILA, Philippines — Philex Mining Corp. has resolved a labor dispute with union workers at its Padcal mine site in Benguet, ending a days-long strike over a collective bargaining agreement (CBA). The mining company, led by Manuel Pangilinan, informed the local bourse that it signed a settlement agreement with the National Mines and Allied Workers

Leaders should stress-test the core business before the market does

Oct 16, 2026

Leaders should stress-test the core business before the market does

MANILA, Philippines — When business leaders discuss strategic risk, they usually focus on what is new: the startup investment, cross-border acquisition, digital transformation or multibillion-peso capital proposal. They ask probing questions because the future is unproven. But what about the core business that is already making money? It has paying customers, steady revenues, a long

Cebu’s tourism boom goes off the beaten path

Oct 16, 2026

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MANILA, Philippines — Major investments are pushing Cebu’s tourism and commercial activity beyond its familiar and better-known tourism districts, giving travelers more reasons to stay in areas that businesses once overlooked. Changes in economic activity have gradually redrawn Cebu’s hotel map, with hotel operators following travelers beyond established hubs. READ: Cebu tourism steady, modest growth driven

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Oct 16, 2026

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MANILA, Philippines — There seems to be no end in sight to the changes in the Cabinet, even as the Marcos administration approaches the end of its term. This week alone saw Dave Gomez replaced by Lino Cayetano as head of the Presidential Communications Office and Robert de Claro transferred from the Social Security System

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MANILA, Philippines — The Bureau of Customs (BOC) is tightening its oversight of engagements with government agencies, business groups, and other stakeholders through a new office that coordinates partnerships and monitors their implementation. Under Customs Memorandum Order No. 17-2026, the BOC created the Customs Local Affairs Office (CLAO) to institutionalize a framework for domestic stakeholder

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MANILA, Philippines — Shenzhen Airlines is seeking regulatory approval to expand its operations in the Philippines, as China’s fifth-largest airline looks to capitalize on growing travel demand between the two Asian countries. According to a notice posted by the Civil Aeronautics Board (CAB), the Chinese carrier has applied for a foreign air carrier permit that would

DA seeks tollway help for farmers, consumers

Oct 16, 2026

DA seeks tollway help for farmers, consumers

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