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    Philippines sets P6.793T budget for 2026

    The Development Budget Coordination Committee (DBCC), chaired by Budget Secretary Amenah F. Pangandaman, has approved a proposed P6.793 trillion national budget for 2026, up 7.4 percent from this year’s Projected 6.326 trillion allocation.

    DOF donates seized fuel to Coast Guard in smuggling crackdown

    Finance Secretary Ralph G. Recto has approved the donation of 1,251.68 liters of confiscated gasoline to the Philippine Coast Guard (PCG), reinforcing efforts to secure the country’s maritime borders and combat fuel smuggling.

    RSSI infestation in Visayas widens

    The Sugar Regulatory Administration (SRA) reported a significant 35 percent increase in red-striped soft scale insect (RSSI) infestation in the Visayas, with affected sugarcane areas expanding to 2,027.79 hectares as of Wednesday, up from 1,505.82 hectares a week earlier.

    BJ Mercantile taps Thaco for PH truck, bus distribution 

    BJ Mercantile Inc. has partnered with Vietnam’s Thaco Auto (Truong Hai Group Corp.), officially becoming the exclusive distributor of Thaco trucks and buses in the Philippines.

    ACEN boosts land-banking vehicle with P875M share subscription

    ACEN Corp. has subscribed to an additional ₱875 million worth of shares in its subsidiary, Buendia Christiana Holdings Corp. (BCHC), in a move that strengthens its land acquisition vehicle for renewable energy projects.

    Just in

    US market, gold gain despite government shutdown, job losses

    Major U.S. markets shrugged off a federal government shutdown and weaker labor data on Wednesday, with equities and gold both pushing higher.

    More foreign currency expense than earnings seen persisting through 2026 

    The Bangko Sentral ng Pilipinas (BSP) projects the country's balance of payments (BOP) to remain in deficit over the next two years, as current account pressures persist.

    McDonald’s Cebu stores resume operations after quake

    Following the 6.9 magnitude earthquake on September 30, McDonald’s Philippines reported that all employees, managers, and customers are safe. The company reaffirmed that the safety of its people remains its top priority.

    Inflation seen at 1.9% in September

    Headline inflation likely rose to 1.9 percent in September, driven by higher fish and rice prices, following rains and the government’s rice import suspension.
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