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Chowking doubles down on value as consumers tighten spending 

As Filipino households become more cautious with everyday spending, Chowking is sharpening its value-for-money strategy, betting that affordable, satisfying meals will remain a key draw for consumers navigating higher living costs.

Saudia jet host parked PAL plane

A Saudia Airlines Boeing 787 struck a parked Philippine Airlines (PAL) Airbus A320 while maneuvering at the Ninoy Aquino International Airport late Tuesday, damaging both aircraft and forcing the cancellation of the Saudia flight to Jeddah. The incident occurred at around 11:38 p.m. when the Saudia jet's left wingtip hit the rudder of the PAL aircraft parked at Bay 25. No injuries were reported, and PAL said its aircraft had no passengers or crew on board. The airline withdrew the aircraft from service pending inspection as aviation authorities investigate the cause of the ground collision. (Marjohara Tucay)

Grab expands EV charging to accelerate cleaner urban transport

Grab Philippines is expanding its electric vehicle (EV) ecosystem through new partnerships with ACMobility and EVOxCharge, giving electric taxi and transport network vehicle service (TNVS) drivers wider access to charging stations as the company pushes to make cleaner transport more practical and affordable.

Philippines ranks second in ASEAN for AI job exposure

The Philippines has emerged as the second most AI-exposed labor market in Southeast Asia, highlighting both the country's growing digital competitiveness and the urgent need to prepare workers for a workplace increasingly shaped by generative artificial intelligence (GenAI).

Globe finally launches Starlink-powered service for coverage beyond cellular networks

Globe Telecom has introduced its new Globe Starlink service, delivering mobile connectivity to areas outside the reach of traditional cell sites, following its official launch in January and successful pilot tests earlier this year.

Just in

Moody’s projects inflation to return to target range by 2027-2028 as BSP earns high marks

The Bangko Sentral ng Pilipinas (BSP) has earned fresh praise from sovereign credit giant Moody’s Ratings, which expects local inflation to steadily settle back within the government's two to four percent target range between 2027 and 2028.

Court orders arrest of VP Duterte

A Quezon City Regional Trial Court has issued an arrest warrant for Vice President Sara Duterte over three counts of grave threats against President Ferdinand Marcos Jr., First Lady Lisa Marcos, and former House Speaker Martin Romualdez, the Department of Justice said Friday. The DOJ said the warrant means the court found probable cause against Duterte. Bail was set at P120,000 for each count. Duterte earlier asked the court to defer or recall the warrant. The case stemmed from public threats the VP issued against the 3. The grave threat is also among the charges in the impeachment complaint versus the Vpz

Mynt secures SEC approval for P92.32-billion IPO, first to benefit from eased public float rules

The Securities and Exchange Commission (SEC) has given the green light to Mynt Inc., operator of leading digital payments platform GCash, for its initial public offering (IPO) valued at up to P92.32 billion.

Cool-down in August inflation offers brief respite, not policy pivot – analyst 

The slight cooling of headline inflation to 6.1 percent in August from 6.2 percent in July provides a welcome breathing room, but it remains far from a signal for the central bank to ease its stance. Lower meat and vegetable prices helped pull down overall food inflation, though the decline was largely muted by accelerating rice costs and expensive transport amid persistent global oil strength. According to Bank of the Philippine Islands (BPI) lead economist Emilio S. Neri, Jr., this temporary easing is unlikely to alter the trajectory of monetary policy. He says that the Bangko Sentral ng Pilipinas (BSP) will likely stay on a tightening path, potentially raising the policy rate by 25 basis points in each of its final two meetings this year to hit 5.50 percent.
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