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BSP welcomes Moody’s vote of confidence on PH banks, reserves

The Bangko Sentral ng Pilipinas (BSP) in Friday welcomed Moody’s latest assessment affirming the country’s strong banking system and external finances, saying it reflects a stable and resilient economy.

Study unveils ‘enzyme hijacking’ strategy for smarter drugs

A new study highlights an emerging class of drug design that could sharpen the fight against infections, cancer, and neurological diseases by turning the body’s own chemistry against itself.

Nestlé holds prices, eyes essentials amid supply risks

Nestlé Philippines Inc. is keeping prices steady for now, even as rising fuel and logistics costs squeeze margins, while preparing contingency plans that would prioritize essential goods if supply pressures worsen.

Philippines joins Pax Silica, plans Luzon security zone

The Philippines has formally joined Pax Silica, a US-led supply chain initiative, signaling its rising role as an electronics manufacturing hub in Asia, the US State Department said on April 16.

SEC broadens ESG rules, links sustainability to finance

The Securities and Exchange Commission (SEC) is preparing to expand sustainability disclosure requirements beyond publicly listed firms, signaling a broader push to embed environmental, social and governance (ESG) accountability across corporations vested with public interest.

Just in

DA, PhilSA ink 5-year satellite tech deal for agriculture

The Department of Agriculture (DA) and Philippine Space Agency (PhilSA) formalized a five-year partnership Tuesday to deploy Earth observation, geospatial tools, and AI for strengthening agriculture, fisheries, disaster response, and climate resilience. The collaboration uses satellite data to speed up damage detection, improve irrigation planning, and shield food production from floods, droughts, and other risks.

ABS-CBN to cut jobs amid industry headwinds 

Media giant ABS-CBN Corp. is set to lay off approximately 200 employees, representing roughly 7 percent of its total workforce, as it continues to grapple with persistent challenges in the content and advertising sectors.

DOE clears way for fuel tax suspension amid sharp price spikes, assures supply sufficiency

The Department of Energy has formally certified that the one-month average price of Dubai crude oil has surpassed the $80-per-barrel threshold set by Republic Act 12316, triggering the process to consider suspending or reducing fuel excise taxes. From August 13 to September 11, 2026, the benchmark averaged $99.41 per barrel.

GCash parent Mynt prepares record-breaking ₱92-billion stock market debut

Mynt Inc., the fintech giant behind the widely used GCash app, is set to launch a historic initial public offering expected to reach roughly ₱92 billion. If finalized, the transaction will mark the largest fundraising event in the history of the Philippine Stock Exchange.
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