PH growth seen below 3% with weak demand, inflation

Inquirer.net - Oct 9, 2026

MANILA, Philippines — Economic growth this year is likely to fall short of President Ferdinand Marcos Jr.’s target as weak domestic demand weighs on the economy, Bank of America said, while the central bank is expected to focus more on taming red-hot inflation than supporting growth for now. In a note to clients, BofA forecasts that

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Caap ramps up airport makeovers with 91 projects

Oct 9, 2026

Caap ramps up airport makeovers with 91 projects

MANILA, Philippines — The Civil Aviation Authority of the Philippines (Caap) has more than tripled its airport infrastructure project portfolio to 91 this year, as it steps up efforts to modernize gateways amid sustained growth in air travel. Caap Director General Raul Del Rosario said the figure marks a significant increase from just 25 projects in

10 firms eye PH’s first natural gas auction

Oct 9, 2026

10 firms eye PH’s first natural gas auction

MANILA, Philippines — Ten companies, including those backed by power giants, have expressed interest in joining the country’s first mid-merit natural gas bidding. Among those vying to secure contracts are Prime Infra, featuring its massive gas assets: 1,000-megawatt (MW) Sta. Rita, 600-MW Sta. Maria, 500-MW San Lorenzo and 420-MW San Gabriel natural gas-fired combined cycle power

Toyota pours P3M into tamaraw conservation

Oct 9, 2026

Toyota pours P3M into tamaraw conservation

MANILA, Philippines — Automotive giant Toyota Motor Philippines Corp. is pouring P3 million into the conservation of Mindoro’s tamaraws, the critically endangered animals after which it named its locally assembled utility vehicle. Part of the funding will go toward improvements at the Tamaraw Research and Conservation Center, including additional research and monitoring equipment to help

Price is the only P that can break you

Oct 9, 2026

Price is the only P that can break you

MANILA, Philippines — We were all taught the 5 P’s of marketing: Product, Price, Place, Promotion and People. In stable times, they work together. You balance them. In uncertain times, that balance disappears. One P begins to dominate—and that is Price. Not because the others don’t matter—but because the others will not break you as quickly,

Stop selling certainty: The case for assumption-driven leadership

Oct 9, 2026

Stop selling certainty: The case for assumption-driven leadership

The more ambitious the strategy, the more dangerous it is to pretend you know exactly how it will succeed. For more than 30 years of mentoring executives, advising business owners and evaluating business models, I have seen a recurring pattern—major initiatives rarely fail because leaders lack ambition. They fail because critical assumptions were not challenged

Buyers, know your rights: Gov’t strengthens guardrails

Oct 9, 2026

Buyers, know your rights: Gov’t strengthens guardrails

MANILA, Philippines — In a dizzying marketplace where the line between legitimate and bogus, scam and sale, artificial intelligence-generated and the real deal is increasingly blurred, consumers could use a few guardrails. That is particularly true in the Philippines, a market of more than 112 million people where household consumption has historically accounted for roughly 70

Human hedonism, a springboard to excellent customer service 

Oct 9, 2026

Human hedonism, a springboard to excellent customer service 

MANILA, Philippines — All pedagogical research states that in business the aim of excellent, if not satisfying customer service, is to create a high value customer lifetime value.  This customer lifetime value is measured against certain metrics that include the aggregated number and value of purchases over a period of time the customer continues to use

Homegrown brands stand tall in Asia’s retail race

Oct 9, 2026

Homegrown brands stand tall in Asia’s retail race

MANILA, Philippines — Even in Asia’s fiercely competitive retail landscape, where homegrown names jostle with global behemoths for consumers’ wallets, some familiar Philippine brands are proving they still have plenty of pull. In the inaugural Brand Conviction Index published by Inside Retail Asia, homegrown brands ShopSM, Penshoppe and Bench ranked among the top 100 retailers in

Diesel rollback of up to P2/liter, gasoline hike P2.20/liter seen next week

Oct 9, 2026

Diesel rollback of up to P2/liter, gasoline hike P2.20/liter seen next week

Motorists should expect mixed movements in fuel prices to be implemented in the coming week.

Finance or gambling? Prediction-market players push for regulatory clarity in Asia

Oct 9, 2026

Finance or gambling? Prediction-market players push for regulatory clarity in Asia

Fintech industry executives have stepped up lobbying for clearer regulations regarding prediction markets as they attempt to distance the business from gambling and also play down its risks. The calls, made at Thursday’s iFX Expo Asia in Hong Kong, come as regulators and legal experts in the city and across Asia debate whether such platforms should be regulated as financial products or as a form of gambling. “There is so much uncertainty,” said Nicholas Baumer, chief commercial officer of the...

Initial native hydrogen exploration shows promise — DOE chief

Oct 9, 2026

Initial native hydrogen exploration shows promise — DOE chief

MANILA, Philippines — US-based Koloma, Inc. has reported encouraging results from its initial test in its search for native hydrogen resources in Luzon, according to the energy chief.  Department of Energy (DOE) Secretary Sharon Garin said Thursday that Koloma executives were “very positive” about the prospects of harnessing native hydrogen in the country following a

DTI assures continuity in trade talks after chief negotiator’s exit

Oct 9, 2026

DTI assures continuity in trade talks after chief negotiator’s exit

MANILA, Philippines — The Philippines’ ongoing free trade negotiations with major markets, including the European Union (EU) and Canada, will proceed as planned despite the departure of the country’s chief trade negotiator, Trade Secretary Cristina Roque said. On Wednesday, President Marcos appointed Trade Undersecretary Allan Gepty, who serves as the country’s chief trade negotiator, as one

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