Sunday, 18 January 2026, 8:46 am

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    Oil prices spike as US sanctions Russian oil giants

    Crude oil prices surged to a two-week high on Thursday after the US slapped sanctions on Russian energy giants Rosneft and Lukoil, along with dozens of their subsidiaries—a move aimed at cutting off a key source of funding for the Kremlin’s war in Ukraine.

    Intel shares rise as AI demand powers rebound

    Shares of Intel Corp. climbed 3.4 percent on Thursday after the chipmaker reported a return to profitability, driven by stronger sales in its core...

    Budget deficit narrows in September as revenue outpace spending

    The budget deficit eased to P248.1 billion in September, down from P273.3 billion in the same month last year, as revenue growth outpaced spending, the Department of Finance reported Thursday.

    New rule mandates energy efficient purchases in gov’t

    The Inter-Agency Energy Efficiency and Conservation Committee has ordered all government offices to purchase only energy-consuming products (ECPs) that meet the Department of Energy’s (DOE) minimum efficiency standards. This move aims to promote energy savings and reduce public spending.

    PhilFIDA adopts PCA system to monitor abaca prices

    The Philippine Fiber Industry Development Authority (PhilFIDA) is set to use the Philippine Coconut Authority’s (PCA) daily price monitoring system to track abaca prices more effectively.

    Just in

    BPO firm boosts PH employment inclusion program

    The business process outsourcing firm Foundever has expanded its disability inclusion program, launching a voluntary Self-ID system that allows employees to confidentially share disability and other identity information, alongside nationwide learning sessions marking the International Day of Persons with Disabilities. The initiatives aim to better address workplace barriers and support employees with disabilities.

    ASEAN+ enterprises move AI from pilots to production as investments rise

    Enterprises across Asia Pacific are rapidly shifting from AI experimentation to production, with 96 percent planning to increase AI investment by an average of 15 percent in 2026, according to the Lenovo CIO Playbook 2026, commissioned by Lenovo with insights from IDC.

    TG Limcaoco: Bank of the Philippine Islands

    Jose Teodoro “TG” Limcaoco is the President and Chief Executive Officer of the Bank of the Philippine Islands (BPI), a role he assumed in April 2021. He leads one of the country’s oldest and largest banks, chairs key management and credit committees, and oversees BPI’s banking, asset management, insurance, and international subsidiaries. Beyond BPI, he serves as Chairman of the Bankers Association of the Philippines and Philippine Payments Management Inc., making him one of the most influential figures in Philippine banking today.

    Century Properties secures SEC nod for bonds

    Century Properties Group Inc. said it has received a pre-effective letter from the Securities and Exchange Commission (SEC) favorably considering the company’s shelf registration of debt securities worth up to P12 billion, a key step toward tapping the domestic bond market.
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