SteelAsia Manufacturing Corp., a major Philippine steel producer, unveiled its plan to build five new steel plants across the country costing P82 billion it projects will boost domestic manufacturing capabilities, reduce import dependency, and foster economic growth.
Damage to agriculture due the combined impact of southwest monsoon and typhoon Carina is initially estimated at P156.79 million, according to the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center.
The Manila Electric Co. (Meralco) said efforts are underway to restore power services in areas affected by typhoon Carina and habagat rains as quickly as possible.
Globe Telecom said it had deployed its personnel and supplies in Luzon to ensure uninterrupted connectivity as Typhoon Carina continues to intensify monsoon rains.
In the heart of bustling cities and towns across the Philippines, the Sy Group's SM Supermalls is redefining the shopping experience by creating ecosystems of entertainment, dining, and community engagement to keep in step with evolving demands and preferences of the Filipino consumer.
The Philippine National Bank (PNB) recorded a net income of ₱21.3 billion for the nine months ended September 30, 2026, marking a 15 percent increase from ₱18.5 billion during the same period last year. The performance underscores the bank’s disciplined execution, expanding core operations, and strengthening capital base as it drives long-term value creation.
Interior and Local Government Secretary Jonvic Remulla has declared Senator Ronald “Bato” dela Rosa an “armed and dangerous” fugitive and announced a P15-million bounty for his arrest, intensifying the government’s pursuit of the senator.
International passenger traffic at Manila’s Ninoy Aquino International Airport (NAIA) rose 2.6 percent year-on-year to 19.93 million from Jan. 1 to Oct. 22, 2026, as demand held firm despite disruptions to global aviation from the Middle East conflict.
The Department of Agriculture (DA) is preparing to roll out a P2.9-billion fund intended to help agricultural cooperatives expand production and improve their competitiveness, with the agency initially targeting about 12 applicants.