Philippine businesses scored 72 out of 100 in the country’s first Business Trust Index, barely clearing the stability threshold, with real estate emerging as the least trusted of nine sectors surveyed.
Converge ICT Solutions Inc. remains confident in its long-term growth outlook, even as inflation, high energy costs and broader economic pressures continue to pose challenges, the company announced on Monday.
The Philippines’ plan to introduce nuclear power will depend less on installed-capacity targets than on whether proposed projects can deliver affordable electricity, meet local demand, and satisfy stringent safety requirements, nuclear and energy experts said.
The Department of Trade and Industry (DTI) and the International Fund for Agricultural Development (IFAD) are considering extending the RAPID Growth Project to complete outstanding investments and strengthen rural enterprises before the initiative’s scheduled closure in mid-2027.
The Department of Finance (DOF) is seeking legislative support for a tax reform package that would increase workers’ take-home pay, reduce tax pressures on micro and small businesses, and channel revenues from health-related taxes into essential public services.
Shopee is adding a familiar dose of star power to its 11.11 shopping campaign, tapping Kris Aquino to headline a two-day livestream showcase packed with celebrity appearances, product launches, and shopping deals ahead of Christmas.
Gasoline prices will fall by a steep P16.80 per liter this week, with diesel going down by P4.10 per liter and kerosene by P3.70 per liter — the biggest reduction seen in recent weeks — as fuel companies implement the rollbacks starting Tuesday morning, the Department of Energy (DOE) confirmed on Monday.
Wilcon Depot Inc. reported a 6 percent decline in net income for the first nine months of 2026, falling to P1.63 billion from P1.75 billion in the same period last year, as challenging weather conditions and macroeconomic headwinds slowed its third-quarter earnings momentum.
The Department of Agriculture has lifted its temporary ban on poultry imports from Germany, effective November 4, after confirming the country is free from highly pathogenic avian influenza. The World Organization for Animal Health has also recognized Germany as disease-free, with DA assessing import-related risk as negligible. Resuming trade will ease local supply constraints, though all biosecurity and quarantine rules remain in effect.