Shares of Meta Platforms jumped about 3 percent Monday as investors bet that the reported potential job cuts could help offset the technology company's artificial intelligence spending. The stock of the company that owns Facebook, Instagram, WhatsApp and Threads closed 2.3 percent higher at USD627.45.
When Christina Garcia Frasco left the helm of the Department of Tourism, it wasn’t quite a farewell tour—more like a change in itinerary. Now appointed Presidential Adviser for Sustainable and Resilient Communities by President Ferdinand R. Marcos Jr., the former tourism chief is swapping travel brochures for the less glamorous but arguably more urgent business of resilience policy.
Metropolitan Bank & Trust Co., the country’s second largest lender by assets, has launched an offering of peso-denominated sustainability bonds, seeking to raise at least P5 billion as the bank deepens its funding base while riding growing investor demand for environmental, social and governance (ESG) assets.
The local bottler of Pepsi said a two-year digital transformation program is beginning to improve service, expand reach over a throng of neighborhood retailers more known as sari-sari stores, and support a goal of revenue growth exceeding the Philippines’ expected GDP expansion this year.
The Department of Agriculture (DA) expects up to P1 billion in investment deals during the first Philippine edition of the Hand-in-Hand National Investment Forum 2026 next month.
Business sentiment stayed pessimistic in September 2026, according to the latest Business Expectations Survey released by the Bangko Sentral ng Pilipinas, although confidence readings for the near‑term and year‑ahead outlook remained positive. The current‑month confidence index improved slightly to ‑8.4 percent from ‑10.9 percent in August, still signaling more firms were downbeat about present conditions.
East West Banking Corporation (EastWest) turned in a ₱5.0‑billion net income for the first nine months of 2026, delivering solid profitability even as broader economic conditions grew more challenging, a performance that signals resilient core operations for investors and market watchers.
The Mary Mediatrix Medical Center (MMMC) has forged a partnership with Inspire Healthcare Singapore and the Singapore Nurses Association (SNA) to advance its Geriatric Unit, as the hospital moves to address the rising healthcare demand from older adults across Southern Luzon.
The Philippines has plenty of bamboo-growing land. What it lacks is enough businesses turning the fast-growing grass into products worth considerably more than garden stakes and handicrafts.