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Ayala Land expects holiday mall boost from 250 new stores

Ayala Land Inc. (ALI) is counting on more than 250 new store openings in the fourth quarter to sustain mall leasing growth and capture stronger holiday spending, building on a 10-percent increase in revenue across its shopping center portfolio in the first nine months of 2026.

Temu joins anti-counterfeit pact to protect shoppers, sellers

Filipino shoppers and legitimate online sellers could gain stronger avenues to address counterfeit goods as global e-commerce platform Temu joins an industry-government pact aimed at protecting intellectual property rights in online marketplaces.

DOT, GCash expand cashless payments for tourism MSMEs

Tourists visiting Philippine destinations will have more ways to pay digitally as the Department of Tourism (DOT) partners with GCash to equip accredited small businesses with cashless payment facilities, including options for transactions using supported foreign-issued cards.

Prime CoreGen audits affirm safeguards across 2,000-MW gas fleet

Prime CoreGen’s four gas-fired power plants in Batangas have cleared international management system audits, reinforcing operational safeguards across a combined capacity of about 2,000 megawatts that helps meet Luzon’s electricity requirements.

Ayala Land earmarks P30B for provincial housing projects in 2027

Ayala Land Inc. (ALI) plans to invest about P30 billion in horizontal residential developments outside Metro Manila next year, betting that demand from actual homebuyers will hold up better than speculative purchases in a property market still adjusting to tougher conditions.

Just in

Foreign currency reserves drop to $97.4B

The Bangko Sentral ng Pilipinas (BSP) reported that the country’s gross international reserves (GIR) stood at $97.4 billion as of end-October 2026. This dip in foreign currency reserves was primarily driven by the central bank’s active foreign exchange interventions, downward adjustments in the value of gold assets amid shifting global prices, and the national government withdrawing funds from its central bank deposits to cover foreign debt service obligations alongside other international funding needs.

Motorcycle sales rebound 8.1% in Q3 to 524,860 units

Motorcycle sales among the country’s four major manufacturers rebounded in the third quarter of 2026, rising 8.1 percent year-on-year to 524,860 units as stronger monthly volumes in August and September reversed the previous quarter’s contraction.

ASEAN growth summit brings business leaders, Angelina Jolie to Manila

The Philippines will bring some of the world’s biggest business names, regional policymakers and Hollywood actress Angelina Jolie to Manila on November 11 for a summit focused on how Southeast Asia can protect economic resilience, accelerate digital transformation and ensure growth reaches smaller businesses and underserved communities.

Japan-Philippines friendship highlighted at 82nd Battle of Surigao Strait commemoration

The enduring friendship and diplomatic ties between Japan and the Philippines took center stage during the 82nd commemoration of the historic Battle of Surigao Strait, jointly organized by the City of Surigao and the Province of Dinagat Islands.
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