BSP reaffirms commitment to price stabilty to safeguard long-term economic growth
The Bangko Sentral ng Pilipinas (BSP) on Wednesday reaffirmed its commitment to maintaining price stability while fostering conditions for sustainable economic growth, navigating a challenging landscape marked by elevated inflation and cooling economic activity.
Gokongwei Group takes full control of PEP, SPIN as GMA exits
The Gokongwei Group’s Summit Media has taken full ownership of entertainment news site PEP.ph and sports platform SPIN.ph, ending its 19-year partnership with GMA Network and consolidating two established digital media brands under one publisher.
ICTSI net income rises 20% to $899M in Jan-Sep
Contributions from newly added terminals and stronger trade activity across Asia and the Americas lifted International Container Terminal Services Inc. (ICTSI)’s net income by 20 percent to USD898.89 million in the first nine months of 2026, as higher operating income offset rising costs.
Shell Pilipinas narrows Jan-Sep net loss to P929M on Q3 profit
Shell Pilipinas Corporation narrowed its net loss to P929 million in the first nine months of 2026 from P2.7 billion at the end of the first half, as it returned to positive core earnings in the third quarter.
El Niño agricultural damage hits P10B, threatening food security and farm incomes
Damage to Philippine agriculture from the ongoing El Niño weather anomaly has climbed to P9.99 billion as of November 11, according to the Department of Agriculture (DA), rising more than 16 percent from the P8.57 billion reported just three weeks ago. This growing toll underscores serious risks to farm output, farmer livelihoods, and national food security at a time when authorities warn the dry spell could worsen into next year.
