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Perpetual Help hospital eyes upgrades as healthcare demand grows

A growing population means more patients at the hospital door, and Perpetual Help Medical Center–Las Piñas (PHMC-LP) is looking to expand its capabilities as healthcare demand rises across southern Metro Manila.

NFA cuts palay handling time, costs with one-ton bags

The National Food Authority (NFA) has substantially reduced palay handling time and costs in a pilot test of one-ton bags, replacing conventional 50-kilogram sacks in a system that could speed up grain procurement, maximize warehouse capacity, and free up funds for buying more palay.

Nearly 1M ‘vulnerable’ Filipinos buy P20 rice in September

Nearly 1 million Filipinos benefited from the Marcos administration’s Benteng Bigas, Meron Na! program in September, the highest monthly turnout since the affordable rice initiative was launched in May last year, as the government seeks to ease food costs for households struggling to make ends meet.

Business mood stays down in September, but firms see brighter quarters ahead

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.

EastWest posts ₱5‑billion nine‑month net income amid tougher macro backdrop

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.

Just in

Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

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.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

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.

SEC urges manufacturers to tap capital markets for expansion

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.

Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.
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