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URC logs ₱41.4-B Q3 sales, 5% up for first 9 months

Universal Robina Corporation (URC) posted ₱41.4 billion in sales for the third quarter of 2026, rising 7 percent from the same period last year and picking up pace from the first half of the year.

Malampaya expansion buys field 6 more years of life

The nearly USD1-billion Malampaya expansion will extend by about six years the life of a gas field supplying roughly one-fifth of Luzon’s electricity requirements, giving the Philippines a crucial buffer against imported fuel dependence, volatile energy prices and potential supply disruptions.

Zalameda named chief justice, inherits top court post

Rodil Zalameda will become the country’s next chief justice of the Supreme Court on Friday, November 6, succeeding Alexander Gesmundo, who retires after reaching the mandatory age limit.

BSP keeps eye on stability as double-digit lending growth pumps up liquidity

Robust borrowing from both businesses and households pushed the Philippine money supply upward in September, underscoring a tightly knit loop between active bank lending and circulating financial liquidity.

Tourist arrivals top 5M as US leads, China surges

Foreign tourist arrivals in the Philippines surpassed five million as of November 4, growing 3.74 percent from 4.82 million in the same period last year, with a sharp rebound in Chinese visitors helping offset declining arrivals from South Korea.

Just in

Carney eyes PH-Canada trade deal during Manila visit

Canadian Prime Minister Mark Carney will push to conclude a Philippines-Canada free trade agreement during his Manila visit this month, advancing a deal Ottawa expects to triple bilateral trade by 2035 and open wider market access for exporters and businesses in both countries.

OGPI nine-month net income surges 95% to $95.6M

Listed mining firm OceanaGold (Philippines) Inc. (OGPI) reported a 95.1 percent rise in its net income for the first nine months of 2026, reaching $95.6 million from just $49 million in the same period last year.

Aboitiz Power unit gains more clients as wider power retail market opens up

Aboitiz Power Corp.’s retail electricity arm, AdventEnergy, has signed up new customers following the recent expansion of the Retail Competition and Open Access (RCOA) program, making competitive power options available to far more businesses across the country.

ALI sees steady Q4, leasing to drive 2027 growth

Ayala Land Inc. expects leasing to become its main growth engine in 2027 as new malls and hotels mature, betting on recurring income and P55 billion in capital recycling to finance expansion without adding debt.
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