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PCC approves BlackRock unit’s P13.7-billion stake purchase in Aboitiz InfraCapital

The Philippine Competition Commission (PCC) has given the green light for the sale of a 40 percent stake in Aboitiz InfraCapital Inc. (AIC) to Global Infrastructure Partners (GIP), an investment firm under BlackRock.

Home Credit steps up role in promoting safe, responsible credit in PH

Home Credit Philippines is strengthening its commitment to consumer protection, responsible lending, and fraud prevention through a larger leadership role in the Credit Card Association of the Philippines (CCAP).

MPIC, SMC tollway merger set  for Q3 2026; valuation, asset scope clarified

The planned merger between Metro Pacific Investments Corp. (MPIC) and San Miguel Corp. (SMC)’s tollway business is moving forward and targeted for completion in the third quarter of 2026, according to MPIC chairman Manuel V. Pangilinan. The deal is currently in the valuation phase, with discussions expected to settle on an ownership split ranging from 45 percent to 55 percent in favor of SMC. Pangilinan confirmed that MPIC’s toll operations in Indonesia will not be included in the valuation.

DA prepares response over possible oil spill from capsized vessel in Ilocos Norte

The Department of Agriculture (DA) has activated its response teams and readied aid for coastal communities following an oil spill from a partially capsized cargo vessel off Badoc, Ilocos Norte. The incident raises worries over possible harm to marine life, fishing activities, and local livelihoods.

Most International Airlines at NAIA Now Linked to BI Pre-Arrival System

Thirty-four international airlines operating at Ninoy Aquino International Airport (NAIA) have successfully connected to the Bureau of Immigration’s (BI) Advance Passenger Information System, according to New NAIA Infrastructure Corporation (NNIC). This setup lets carriers send passenger details to immigration authorities before flights arrive or depart, bringing the country’s main airport closer to faster and more secure border checks.

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PH CEOs remain confident as innovation struggles to scale

Philippine chief executives remain confident about business prospects, but many companies are struggling to turn growing investments in innovation and artificial intelligence into programs that can scale across their organizations.

PH seeks Japan banana crown as tariff talks advance

The Philippines is seeking to regain its position as Japan’s top banana supplier as Manila pushes for lower tariffs in the ongoing review of the Japan-Philippines Economic Partnership Agreement (JPEPA).

Romualdez arrested in P7.44-B flood case

Former House Speaker Martin Romualdez was arrested Monday in connection with a P7.44-billion flood control case filed by the Office of the Ombudsman against him and other officials, Interior Secretary Jonvic Remulla said. Remulla told reporters that authorities served the arrest warrant on Romualdez at Cardinal Santos Medical Center, where he was receiving medical care. The case involves allegations of irregularities in controversial flood control projects that have triggered a wider government investigation into public infrastructure spending. Romualdez’s arrest marks a dramatic escalation in the probe, with the Ombudsman pursuing charges against several officials over projects worth billions of pesos.

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.
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