Top News
FAA grounds US flights over nationwide communications failure
The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.
Lender urges calibrated rate hike and swift supply reforms as BSP flags high inflation, weak growth
The Bank of the Philippine Islands (BPI) is urging the Bangko Sentral ng Pilipinas (BSP) to deliver a calibrated interest rate increase while calling on executive agencies to roll out immediate supply-side reforms, following the central bank’s warning late Wednesday that the economy faces a difficult mix of high inflation and slowing growth.
Microsoft outage disrupts Outlook, Teams, and 365 services
Microsoft’s Outlook, Teams, and other 365 services suffered a widespread outage that stretched from Thursday into Friday, disrupting access to email, collaboration tools, and cloud-based applications across several regions.
Exporters wary as Marcos reshuffles revenue, investment chiefs
Exporters have warned that a sweeping government leadership reshuffle could disrupt investment and trade momentum, questioning the timing of changes at agencies they consider among the administration’s strongest performers.
El Niño agricultural damage hits P10B, threatening food security and farm incomes
Damage to Philippine agriculture from the ongoing El Niño weather anomaly has climbed to P9.99 billion as of November 11, according to the Department of Agriculture (DA), rising more than 16 percent from the P8.57 billion reported just three weeks ago. This growing toll underscores serious risks to farm output, farmer livelihoods, and national food security at a time when authorities warn the dry spell could worsen into next year.
