Petron 9-mo bottom line down 44% to P5.4 billion

Inquirer.net - Nov 4, 2026

MANILA, Philippines — Petron Corp. saw its earnings take a hit from the monthslong conflict in the Middle East, with its net income in the January to September period dropping by 44 percent. The group reported on Tuesday that its profit reached P5.4 billion in the first nine months, down sharply from P9.7 billion in the

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Moody’s sees growth in PH sustainable bonds on infra, energy shift

Nov 4, 2026

Moody’s sees growth in PH sustainable bonds on infra, energy shift

MANILA, Philippines — Moody’s Ratings said infrastructure development and the energy transition will boost the Philippines’ sustainable bond market due to rising investor demand for stronger governance, transparency, and clear commitments on fund usage. The Philippines has the third-largest sustainable bond market in Southeast Asia, after Singapore and Thailand, with $23 billion in issuances, representing 17%

DigiPlus earnings eased by 12% to P8.9B

Nov 4, 2026

DigiPlus earnings eased by 12% to P8.9B

MANILA, Philippines — DigiPlus Interactive Corp.’s nine-month net income fell by about 12 percent to P8.9 billion from P10.11 billion a year earlier as the gaming company faced weaker revenues amid a softer macroeconomic environment. The gaming company said its earnings included noncash fair value gains from its investment in International Entertainment Corp.’s (IEC) convertible bonds.

Banks must be ‘responsible’ as industry races to deploy AI agents: State Street

Nov 4, 2026

Banks must be ‘responsible’ as industry races to deploy AI agents: State Street

US bank State Street expects the uses of artificial intelligence in finance to “multiply” in the coming years, but stressed that “responsible deployment” is vital as the industry confronts daunting potential security risks. The call came on the first day of the Global Financial Leaders’ Investment Summit in Hong Kong, where executives from leading firms including Goldman Sachs, Morgan Stanley, JPMorgan, Pimco and Bridgewater shared their insights on the dawning era of AI finance. Manoj Bohra,...

Debt fears swirling around state giant shine a light on China’s post-property reality

Nov 4, 2026

Debt fears swirling around state giant shine a light on China’s post-property reality

As concerns over the financial health of a state-owned conglomerate rattled China’s bond market over the past week, analysts said its challenges reflected the lasting toll of the country’s prolonged property crisis, with local governments struggling to find sustainable alternatives beyond real estate to support their economies. At the centre of the storm is Zhuhai Huafa Group, the largest local government-owned enterprise in Zhuhai in southern China’s Guangdong province. While property...

Forty employers in Thailand have earned a spot on Fortune’s 100 Best Companies to Work For™ Southeast Asia 2026 list

Nov 3, 2026

Forty employers in Thailand have earned a spot on Fortune’s 100 Best Companies to Work For™ Southeast Asia 2026 list

Forty Thai companies are recognized in Fortune's 2026 Southeast Asia Best Companies to Work For, based on responses from 1.3 million employees.

‘Wait-and-see’: Hong Kong’s private home sales drop as interest rates are tipped to rise

Nov 3, 2026

‘Wait-and-see’: Hong Kong’s private home sales drop as interest rates are tipped to rise

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DigiPlus 9-month profit drops 12% to P8.9B

Nov 3, 2026

DigiPlus 9-month profit drops 12% to P8.9B

MANILA, Philippines — Weaker gaming revenues and softer macroeconomic conditions have reduced DigiPlus Interactive Corp.’s nine-month net income to about 12 percent to P8.9 billion from P10.11 billion last year. The Eusebio Tanco-led company said its earnings included noncash fair value gains from its investment in International Entertainment Corp.’s (IEC) convertible bonds. READ: DigiPlus Q1 earnings

Sunlife receives Golden Arrow Award for 8th Consecutive Year for Corporate Governance Excellence

Nov 3, 2026

Sunlife receives Golden Arrow Award for 8th Consecutive Year for Corporate Governance Excellence

Sun Life of Canada (Philippines), Inc. (Sunlife) has been  recognized with a Golden Arrow Award for the eighth consecutive year, based on the 2025 ASEAN  Corporate Governance Scorecard (ACGS).  The recognition reflects Sunlife’s sustained commitment to strong corporate governance and responsible  business practices. More importantly, it reinforces the standards that help Sunlife protect its Clients’ interests, make sound

Jose Almendras receives Japan’s Order of the Rising Sun

Nov 3, 2026

Jose Almendras receives Japan’s Order of the Rising Sun

MANILA, Philippines — The Japanese government has conferred the prestigious Order of the Rising Sun on former Cabinet official Jose Rene Gregory Almendras in recognition of his contributions to strengthening relations between Manila and Tokyo. On Tuesday, the Japanese Embassy in Manila announced that they awarded Almendras the Order of the Rising Sun, Gold and Silver

Investors ready for possible shake-up in US Congress on Election Day

Nov 3, 2026

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Investors are weighing the market implications of a possible shift in control of US Congress in Tuesday's midterm elections.

Women hold less than a third of business management roles, UN says 

Nov 3, 2026

Women hold less than a third of business management roles, UN says 

A critical imbalance remains in the labor market with women still occupying less than a third of management roles, a global survey by the UN labor body showed on Tuesday.

PBOC pledges support for stocks as China’s market slide defies rescue efforts

Nov 3, 2026

PBOC pledges support for stocks as China’s market slide defies rescue efforts

China’s central bank governor has reaffirmed support for the country’s beleaguered stock market after a series of rescue measures failed to put a floor under plummeting share prices. Pan Gongsheng, governor of the People’s Bank of China (PBOC), pledged in a work report presented to the standing committee of the National People’s Congress on Tuesday that more actions would be taken to ease financial risks in key areas, including the capital market and the property sector. “Monetary policy tools...

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