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Chinabank wins global award for innovative tax solution

China Banking Corp. announced Thursday it has received the Excellence in Innovation in the Philippines 2026 award from Global Banking and Finance Review, recognizing its Easy Tax Filing and Payment Solution.

McDonald’s Philippines rolls out 10,000 meals for earthquake-hit Southern Mindanao

McDonald’s Philippines has activated its Kindness Kitchen program to provide no less than 10,000 hot meals to communities severely affected by the recent earthquake in Southern Mindanao. Working hand-in-hand with local government units, the company aims to deliver nourishing food to families in impacted areas as part of its immediate relief efforts.

Concrete jungle gets a bamboo reality check

Bamboo has long enjoyed a near-mythical reputation in construction circles.

Cement industry charts lower carbon path

The Philippine cement industry is laying the foundation for a greener future, betting that lower emissions and industrial growth do not have to be poured from separate molds.

Philippines expects AI to enhance customer experience industry

The Philippine customer experience industry is placing a high-stakes wager on artificial intelligence and expecting it to pay off.

Just in

Foreign currency reserves hold firm at $104.8 billion in August

The country’s foreign currency reserves stood strong at $104.8 billion as of the end of August 2026, driven by higher global gold prices and earnings from foreign investments, according to preliminary data from the Bangko Sentral ng Pilipinas. Although government withdrawals to pay off foreign debt offset some gains, the overall buffer remains well above global safety standards.

Fuel prices set to rise sharply; over P5 per liter for diesel and kerosene, P4+ for gasoline

The Department of Energy (DOE) confirmed major across-the-board fuel price hikes taking effect this week, reversing last week’s slight rollback.

Pork prices fall on ASF fears; vaccines, support seen stabilizing industry

Pork farmgate prices have dropped sharply as domestic hog raisers rush sales ahead of the rainy season to avoid African swine fever (ASF) losses, the Department of Agriculture (DA) reported Monday. Higher output from last year’s price surge, not imports, drives the shift—production rose 5.6npercent in Q2 while farmgate prices fell nearly 19 percent year-on-year.

Palace says revenues can cover debt as ProGRESS advances

The Philippine government has enough revenues to service its debt even without the proposed ProGRESS tax package, Malacañang said Monday, as the Marcos administration pushes reforms to strengthen fiscal capacity and provide targeted tax relief.
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