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Saudi Arabia forecasts slower growth, budget deficit this year

The largest Arab economy expects real gross domestic product to grow by 0.03 percent this year, the document released by the ministry of finance showed, compared with a previous forecast for growth of 3.1 percent.

ADB bares capital moves to boost lending by $100B over a decade

The Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock $100 billion in new financing capacity over 10 years as the lender expands its development and anti-poverty mission to tackle climate change and other global crises.

Oil prices climb as markets focus on supply tightness

Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a "soft landing" for the US economy.

China carmaker BYD buys US firm Jabil’s mobility business for $2.2B

Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's Singaporean division to buy its mobility business in China for 15.8 billion yuan ($2.17 billion).

Asia’s worries over currency volatility get in the way of rate cuts

A spurt in the U.S. dollar and China's defense of the yuan are forcing Asian central banks to step up interventions in their weakening...

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DA sees slower farm output as El Niño risk rises 

The Department of Agriculture (DA) expects farm output to slow in the second half of the year as the Southwest Monsoon and a possible strong El Niño threaten production.

GIGIL leaders honored for bold, distinctly Filipino creativity

GIGIL partners Badong Abesamis, Herbert Hernandez, and Jake Yrastorza have been recognized at The Business Manual CEO Awards 2026 in Bonifacio Global City, Taguig, for their bold, unconventional, and uniquely Filipino approach to creativity. The three were among 10 visionary leaders celebrated at the event, which carried the theme “Recognizing Vision. Celebrating Leadership. Shaping What’s Next,” honoring trailblazers and change-makers across various industries.

LG opens new HVAC Academy and Innovation Center in Pasig, bringing advanced building solutions closer to Filipino users

LG Electronics Philippines has officially launched its new HVAC Academy and Business Innovation Center (BIC) in Pasig City, creating a dedicated space to boost knowledge and showcase the brand’s latest technologies. The facility serves as a hub for engineers, contractors, architects, and business partners to sharpen their skills and experience LG’s commercial solutions directly. It combines hands-on technical training with live demonstrations covering smart building systems, information displays, IT tools, and commercial laundry technologies.

PRSP returns to Cebu, appoints first Visayas chair to strengthen regional voice 

PRSP returns to Cebu, appoints first Visayas chair to strengthen regional voice Corporate bulletin After years of keeping its main activities centered in Metro Manila, the Public Relations Society of the Philippines (PRSP) is making history this October 14 as it returns to Cebu and names its first-ever Visayas Regional Chair in its 69-year existence. Titled “STEWARDING PRSP: Amplifying Voices, Building Trust,” the one-day event will gather PR and communications professionals, government and corporate leaders, educators, and students to push for stronger regional representation, better professional standards, and truthful, responsible communication across the country. Doris Isubal-Mongaya, founder and chief executive officer of PRWorks Inc., will officially take on the role of PRSP Visayas Regional Chair — a milestone meant to give Visayas-based practitioners a clearer, louder voice within the national PR community. New members from the region will also be formally inducted into the society during the gathering. “PR cannot be Manila-centric if we want to build a stronger profession,” said PRSP President Ana Pista, APR. “The stories, challenges and expertise of our regions must be part of the national conversation. This is what it means to steward PRSP.” The event will run across two venues. The morning session, from 8:30 a.m. to noon at Event Screen 2 on the third floor of SM City Cebu, focuses on advancing professional practice through the PRSP Professional Development Program. Topics will cover measuring communications effectiveness, handling crises, and communicating responsibly — including the ethical use of artificial intelligence — led by industry experts Jeremiah Rodrigues of CARMA, Paul Michael de Quiros of Full Circle Communications, and Pista herself. This session is open to government and corporate professionals with a registration fee of ₱2,000. In the afternoon, the program shifts to the THINKaMuna: Media and Truth Forum, held from 1 p.m. to 5 p.m. at the Cube Wing Atrium of SM Seaside City Cebu in partnership with MediaQuest Holdings Inc. and THINKaMuna Pilipinas. The free public forum will tackle the spread of misinformation and disinformation and their impact on public trust. Speakers include Mon Isberto of MediaQuest and THINKaMuna Pilipinas, Bea Coronel of TikTok Philippines, and closing remarks from Pista. It is open to all students, educators, and industry practitioners. This Cebu gathering marks a key step in PRSP’s broader push to expand its regional footprint — bringing professional training, leadership opportunities, and advocacy closer to those working outside Metro Manila. The event is made possible through the support of sponsors PMFTC Inc., Meralco, and CARMA.
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