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Government committed to temper inflation – president

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President Ferdinand Marcos Jr. said on Thursday that the government is committed to bringing down inflation and maintaining overall price stability. The government will pursue...

Megawide operation in the black again after 9 months

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Megawide Construction Corp. posted net income of P332.5 million over nine months this year to P332.54 million, a turnaround from losses of P970.42 million last year. 

PSE income surges 20% higher even with fewer revenue

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The Philippine Stock Exchange which operates the country’s equities trading platform and owns the bonds exchange said its nine-month income increased 20 percent to P575.65 million from last year’s P480.07 million. 

Operating expense push 9-month MRSGI income lower

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Metro Retail Stores Group Inc. reported net income falling 36 percent over nine months this year to only P254.6 million from last year’s P400.7 million due to higher operating expenses offset only partially by improvements in gross margins. 

ABS-CBN Corp, like erstwhile rival GMA Network, trace wider 9-month net loss to lack of pol ads

Transport & Logistics Context.ph Context.ph -
ABS-CBN Corp. on Wednesday posted a loss 78 percent wider in the first nine months this year that its executives attributed to the absence of political advertising. Erstwhile rival GMA Network similarly referenced the same for its own financial performance during the period.
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Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

Economy 0
The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

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A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

Energy & Mining 0
The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

Energy & Mining 0
The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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