Thursday, 11 December 2025, 9:57 am

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    AI adoption, travel boost Asia-Pacific growth – corporate survey

    The Mastercard Economics Institute (MEI) forecasts steady growth for Asia Pacific in 2026, even as the global economy faces tariff shifts, rising AI investment, and changing consumer habits. Global GDP is expected to ease slightly to 3.1 percent, down from 3.2 percent in 2025.

    PLDT Enterprise turns public wi-fi into smart advertising tool

    PLDT Enterprise has teamed up with AWING and NTT e-Asia to launch “Wi-Fi Ads,” a platform that delivers location-based, non-intrusive brand messages to customers on public Wi-Fi. 

    WESM electricity rates fall 12% in November

    Electricity prices at the Wholesale Electricity Spot Market (WESM) dropped 12.4 percent in November, the Independent Electricity Market Operator of the Philippines (IEMOP) on Wednesday reported. 

    Regulators strengthen safeguards for PERA contributors

    The Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) have joined forces to better protect the retirement savings of Filipino workers.

    ADB clears $400M loan to fuel Philippines’ business climate overhaul

    The Asian Development Bank has approved a USD400-million policy-based loan to drive government reforms aimed at positioning the Philippines as premier investment destination in Asia and the Pacific.

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    Fed rate cut sparks rally on Wall Street

    Wall Street roared higher Wednesday after the Federal Reserve cut interest rates by a quarter-percentage point and Chairman Jerome Powell all but shut the door on any future hikes.

    Fed delivers a quarter-point rate cut, flags risks

    The Federal Reserve cut interest rates by a quarter percentage point on Wednesday after noting cooler labor-market momentum and persistent uncertainty surrounding the economic outlook.

    DA raises red onion price cap to P150/kg; white onion stays at P120

    The Department of Agriculture (DA) has increased the maximum suggested retail price (MSRP) of red onions to P150 per kilo from P120, effective December 11, citing higher import costs and a weaker peso.
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