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SM TESDA scale up jobs and skills initiative

SM Investments Corp. is scaling up its Jobs Opportunities Building Skills (J.O.B.S.) program by integrating TESDA-accredited skills training into its nationwide job fairs.

Housing demand pushes 1H Ovialand net income 31% higher

Real estate developer Ovialand, Inc. reported a 37 percent jump in consolidated net income for the first half of 2025, reaching ₱420 million, driven by strong sales and continued demand for its premium-affordable homes in Laguna and Bulacan.

Global Ferronickel chairman takes leave to focus on citizenship question

Global Ferronickel Holdings Inc. (FNI), a publicly listed mining firm, announced Thursday that its Board of Directors has approved the immediate voluntary leave of absence of chairman Joseph Sy.

NVIDIA reports 56% surge in 2Q revenue on AI gains

NVIDIA, the tech giant that is the world’s most valuable stock, reported second-quarter revenue of USD46.7 billion, up 56 percent year-on-year, fueled by soaring demand for its Blackwell AI platform. Revenue was also up 6 percent from the first quarter, suggesting growth momentum is still intact.

BSP, NBC reaffirm cooperation on financial innovation at bilateral meeting

The Bangko Sentral ng Pilipinas (BSP) and the National Bank of Cambodia (NBC) concluded a high-level bilateral meeting today, reaffirming their commitment to closer cooperation in central banking and financial innovation.

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Philippines presses ASEAN to turn economic pledges into tangible gains

The Philippines is urging ASEAN members to finish outstanding economic commitments and carry them into the next phase of regional integration, warning that the success of the bloc’s economic agenda will depend on implementation beyond its 2026 chairmanship.

Philip Morris counts Philippines as key sourcing, manufacturing hub

Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.

FAA grounds US flights over nationwide communications failure

The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.

Philippines flirts with stagflation as growth stalls, prices surge

The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting
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