The Manufacturers Life Insurance Co. (Phils.) Inc. on Monday said it is still assessing the impact of the ongoing regional war in the Middle East on its business in the Philippines.
A newly-opened cold storage facility in Davao City aims to cut post-harvest losses and strengthen the Philippines’ food supply chain, its developers said, as the country pushes to modernize agricultural logistics.
Leaders of the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. are turning cautiously optimistic on the Philippine economy, even as geopolitical tensions threaten to drive global oil prices higher.
The Bureau of the Treasury partially awarded Treasury bills on Monday after investors demanded higher yields, as financial markets turned cautious amid rising tensions in the Middle East.
President Ferdinand Marcos Jr. kicked off a working visit to New York this week, rallying support for the Philippines’ bid for a non-permanent seat on the United Nations Security Council while pushing Manila’s broader diplomatic and economic priorities.
The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.
The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.
For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.