Privacy body asks BIR to explain online registration seal requirement

GMA Network - Oct 27, 2026

The National Privacy Commission (NPC) has asked the Bureau of Internal Revenue (BIR) to explain its requirement for online sellers, vloggers and other digital earners to display a BIR registration seal on their online platforms, citing privacy concerns raised by stakeholders.

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Taiwan sees growth potential in PH food sector

Oct 27, 2026

Taiwan sees growth potential in PH food sector

MANILA, Philippines — Taiwanese industry groups see strong potential to tap into the Philippine restaurant and processed-food sectors. However, they expect that higher prices and supply constraints will limit Taiwanese pork shipments over the next few years. “The Philippine market is sizable, but consumers prioritize price and supply,” said Jennifer Chang, vice president of Taiwan-based Commerce

BFAR invests P34.66M to boost Zamboanga seaweed output

Oct 27, 2026

BFAR invests P34.66M to boost Zamboanga seaweed output

MANILA, Philippines — The Bureau of Fisheries and Aquatic Resources (BFAR) distributed P34.66 million worth of farming equipment to boost seaweed production in the Zamboanga Peninsula and strengthen the Philippines’ standing in the global seaweed market. The agency turned over 29 deep-sea seaweed nursery systems, which use the raft method, to beneficiaries in Zamboanga del Sur,

Battered peso sinks to new low, nears 64:$1

Oct 27, 2026

Battered peso sinks to new low, nears 64:$1

MANILA, Philippines — The Philippine peso extended its losses at the start of a busy trading week, edging closer to 64 per dollar on Monday as investors braced for a series of major central bank decisions amid persistent geopolitical tensions and rising oil prices. The currency fell 33.5 centavos to close at a record low of

Households may choose power provider by 2031

Oct 27, 2026

Households may choose power provider by 2031

MANILA, Philippines — Local power regulators are seeking to further reduce the retail choice threshold that will allow all Filipino households to choose their own electricity supplier by 2031. The Energy Regulatory Commission (ERC) is currently creating a five-year roadmap to hit this goal. READ: ERC mulls over 50-kilowatt power retail threshold This follows the significant

SRA backs higher tax on drinks with artificial sweeteners

Oct 27, 2026

SRA backs higher tax on drinks with artificial sweeteners

MANILA, Philippines — The Sugar Regulatory Administration (SRA) has pushed for the restructuring of the excise on sweetened beverages, arguing that beverages made with natural cane sugar should be subject to lower taxes. SRA Administrator Pablo Luis Azcona said the regulator is pushing for beverages containing natural cane sugar to remain under Tier 1, while beverages

Cirtek unloads electronics unit for $20M

Oct 27, 2026

Cirtek unloads electronics unit for $20M

MANILA, Philippines — Cirtek Holdings Philippines Corp. seeks to sell its electronics subsidiary to an Indian company for $20.2 million, with proceeds earmarked for debt payments and the working capital needs of its remaining core business. In a regulatory filing on Monday, Cirtek said its board approved the sale of its entire stake in Cirtek

BPI to raise at least P5B from new sustainability bonds

Oct 27, 2026

BPI to raise at least P5B from new sustainability bonds

MANILA, Philippines — Bank of the Philippine Islands (BPI) plans to raise at least P5 billion through sustainability bonds to finance or refinance eligible green and social projects. The Ayala-led bank said its planned peso-denominated, fixed-rate issuance would carry an option to upsize, allowing the bank to raise more than the initial amount. READ: BPI

1.25M passengers seen at NAIA during ‘Undas’ travel rush

Oct 27, 2026

1.25M passengers seen at NAIA during ‘Undas’ travel rush

MANILA, Philippines — Despite high airfares weighing on travel sentiment, the operator of Ninoy Aquino International Airport (Naia) still expects a slight increase in passenger traffic during this year’s observance of All Saints’ Day and All Souls’ Day, or Undas. According to New Naia Infrastructure Corp. (NNIC), passenger traffic at the country’s main gateway could

Criminal hubs threaten SE Asia appeal – report

Oct 27, 2026

Criminal hubs threaten SE Asia appeal – report

MANILA, Philippines — Criminal networks operating across Southeast Asia are hurting the region’s investment appeal, a new report warned, which flagged four “criminal hubs” that it said are exploiting legitimate businesses, trade routes and economic zones. In a study commissioned by the EU-Asean Business Council, the International Institute for Strategic Studies (IISS) identified the major criminal

BSP may pause rate hikes, says Deutsche Bank

Oct 27, 2026

BSP may pause rate hikes, says Deutsche Bank

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) may hold fire at its final policy meeting of the year after delivering a jumbo increase this month, German lender Deutsche Bank said, as the central bank assesses whether inflationary pressures are spreading further before deciding on additional tightening. In a note, Deutsche Bank said the

Vista Land hits 2025 cash flow goal amid focus on horizontal developments

Oct 27, 2026

Vista Land hits 2025 cash flow goal amid focus on horizontal developments

MANILA, Philippines — Villar-led Vista Land & Lifescapes Inc. reported earnings before interest, taxes, depreciation and amortization (Ebitda) of P24.2 billion in 2025, meeting its full-year target as it renewed its focus on horizontal housing. In a stock exchange filing on Monday, the property developer said consolidated revenues had reached P35.8 billion last year. READ:

Hong Kong market faces fundraising test after fourth IPO pulled since midyear

Oct 27, 2026

Hong Kong market faces fundraising test after fourth IPO pulled since midyear

Hong Kong’s fundraising market is now facing a severe test, as the last-minute halt of two initial public offerings (IPOs) within a week raises concerns over investor appetite amid market volatility and stricter regulation, analysts say. Robotics maker Changzhou Microintelligence decided to postpone its IPO due to “the consideration of several factors, including prevailing market conditions”, according to its Sunday announcement – echoing reasons cited in previous deals pulled from the...

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