Top News
Tanduay steps up European expansion launching 20‑year reserve at Bar Convent Berlin
Local spirits leader Tanduay has brought its centuries‑old rum‑making heritage and craftsmanship to Europe’s biggest beverage trade show, unveiling its new premium offering as it pushes to grow its footprint across the region.
Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal
The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.
Business mood stays down in September, but firms see brighter quarters ahead
Business sentiment stayed pessimistic in September 2026, according to the latest Business Expectations Survey released by the Bangko Sentral ng Pilipinas, although confidence readings for the near‑term and year‑ahead outlook remained positive. The current‑month confidence index improved slightly to ‑8.4 percent from ‑10.9 percent in August, still signaling more firms were downbeat about present conditions.
Moody’s upgrades credit rating, paving way for lower borrowing costs and stronger economic growth
Global rating agency Moody’s Investors Service has raised the country’s credit rating, delivering a major vote of confidence in the nation’s financial stability and economic momentum. The rating upgrade reflects the country’s solid economic growth, disciplined fiscal management, and structural reforms that continue to shield the economy from external market turbulence.
Business groups demand removal of baseless 2027 budget insertions
Thirty-four business and civil society groups have urged Congress to strip unsupported project insertions from the proposed P7.2-trillion 2027 national budget, warning that questionable allocations could derail priority infrastructure, raise logistics costs, and weaken investor confidence.
