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BPI’s incoming chief wants small businesses to get credit without the wait

For a small-business owner trying to restock shelves, pay suppliers or seize a sudden sales opportunity, waiting weeks for a loan decision can mean missing the moment. Ginbee Go, incoming president and chief executive officer of Bank of the Philippine Islands (BPI), wants to make getting credit less of an exercise in patience.

ABI Pascual Foods is NDA’s first private partner in school milk feeding program

The National Dairy Authority (NDA) has named ABI Pascual Foods Inc. as its first private sector partner for the Private Sector-Funded Milk Feeding Program.

Globe Telecom keeps full-year revenue growth target despite economic headwinds

Globe Telecom Inc. is maintaining its full-year revenue growth guidance at low- to mid-single digits for 2026, even as the broader economy faces ongoing challenges.

RCBC pre-provision profit rises 13%, signaling strong core performance amid economic headwinds

Rizal Commercial Banking Corp., led by the Yuchengco group, reported Wednesday that its pre-provision operating profit climbed 13 percent year-on-year to P23.6 billion in the first nine months ending September, driven by healthier interest margins and steady core banking business. This key measure of underlying profitability shows how well the bank’s main operations are performing before setting aside funds to cover potential bad loans—a critical indicator for shareholders tracking long-term earning power.

Spot market electricity prices rise 18.4% in October

Wholesale electricity prices across the Philippines climbed 18.4 percent in October from September levels, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

Just in

Gokongwei Group takes full control of PEP, SPIN as GMA exits

The Gokongwei Group’s Summit Media has taken full ownership of entertainment news site PEP.ph and sports platform SPIN.ph, ending its 19-year partnership with GMA Network and consolidating two established digital media brands under one publisher.

ICTSI net income rises 20% to $899M in Jan-Sep

Contributions from newly added terminals and stronger trade activity across Asia and the Americas lifted International Container Terminal Services Inc. (ICTSI)’s net income by 20 percent to USD898.89 million in the first nine months of 2026, as higher operating income offset rising costs.

Shell Pilipinas narrows Jan-Sep net loss to P929M on Q3 profit

Shell Pilipinas Corporation narrowed its net loss to P929 million in the first nine months of 2026 from P2.7 billion at the end of the first half, as it returned to positive core earnings in the third quarter.

El Niño agricultural damage hits P10B, threatening food security and farm incomes

Damage to Philippine agriculture from the ongoing El Niño weather anomaly has climbed to P9.99 billion as of November 11, according to the Department of Agriculture (DA), rising more than 16 percent from the P8.57 billion reported just three weeks ago. This growing toll underscores serious risks to farm output, farmer livelihoods, and national food security at a time when authorities warn the dry spell could worsen into next year.
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