Top News

BSP delivers 50-basis-point rate hike to 5.50% to tame stubborn inflation

The Bangko Sentral ng Pilipinas elevated its benchmark interest rate by 50 basis points to 5.50 percent during its October 2026 monetary policy meeting, stepping up its fight against persistent price pressures.

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iPeople targets 200,000 students with global expansion push

iPeople, the listed Yuchengco-Ayala education joint venture, is pursuing an expansion strategy built around international partnerships, new campuses and facilities, sustainability-focused programs, and deeper artificial intelligence integration as it aims to nearly triple its student population to 200,000.

Agriculture

DA readies P2.9B farm competitiveness fund, initially targets 12 applicants 

The Department of Agriculture (DA) is preparing to roll out a P2.9-billion fund intended to help agricultural cooperatives expand production and improve their competitiveness, with the agency initially targeting about 12 applicants.

Corporate

Jollibee Group chief highlights global potential of ASEAN brands at business summit 

The Jollibee Foods Corporation continues to leverage international store expansion to drive business growth, as its top executive emphasized the capacity of Southeast Asian brands to establish a strong presence in the global market during a regional summit in Pasay City.

Banking & Insurance

BSP hails JCR assessment affirming country’s economic resilience

The Bangko Sentral ng Pilipinas has welcomed a favorable assessment from Japan Credit Rating Agency highlighting the country’s continued economic resilience against global disruptions. The evaluation reinforces international confidence in the country’s capacity to absorb financial volatility, ensuring that domestic growth remains steady even during periods of global market instability and rising geopolitical tension.
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Markets

Landmark GCash debut ignites mass retail stock market participation

In a historic milestone for the Philippine financial sector, Mynt, the operating entity behind the country's leading fintech platform GCash, successfully staged the nation's largest initial public offering to date, raising 60.9 billion pesos. The maiden share sale marked a defining moment for domestic capital markets, demonstrating how digital ecosystems can democratize investing and activate a new generation of retail investors.

Travel

NAIA international traffic up despite global aviation disruptions

International passenger traffic at Manila’s Ninoy Aquino International Airport (NAIA) rose 2.6 percent year-on-year to 19.93 million from Jan. 1 to Oct. 22, 2026, as demand held firm despite disruptions to global aviation from the Middle East conflict.
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Energy

Globe powers cell cites with renewable energy, boosting network resilience 

Globe Telecom Inc. announced Friday that more than 1,000 of its cell sites are now running on renewable energy as of August 2026, marking a key step in the company’s push toward cleaner and more reliable operations. The shift was made possible through the government’s Retail Aggregation Program, making Globe the first telecommunications provider in the country to reach this milestone.

Transport & Communications

Global and local firms eye P103-B MRT-3 modernization project

Around 100 local and international companies have expressed strong interest in taking part in the proposed P103.6-billion concession for the Metro Rail Transit Line 3 (MRT-3), highlighting growing confidence from both foreign and domestic investors in upgrading the country’s main urban railway network.
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Property

Hotel101 breaks into Africa with $102M Egypt deal

DoubleDragon Corp.’s Hotel101 Global Holdings Corp. is taking its Filipino hotel brand to Africa, signing a countrywide development agreement in Egypt anchored by a planned 750-room property in Cairo worth an estimated USD102.1 million.

Environment

ADB warns Philippine farms, infrastructure face rising coastal flood risks

The Philippines faces mounting risks to agricultural production, infrastructure and economic activity as coastal flooding intensifies, underscoring the need to integrate climate resilience into development planning and investment decisions, according to the Asian Development Bank’s (ADB) Asia–Pacific Climate Report 2026.
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Technology

Meralco’s smart grid vision puts customer at center

The electricity grid is getting busier. Rooftop solar panels are turning homes into power producers, batteries are storing energy for later, and electric vehicles are adding new demands to the system.

Health & Science

UPS hub boosts Hub Clark’s bid for high-value cargo growth

Clark International Airport is seeking a larger share of high-value healthcare and manufacturing cargo as United Parcel Service (UPS) expands its logistics infrastructure, adding specialized cold-chain facilities and automated sorting capacity to the Philippine gateway.
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Opinion

Getting the electric car right

A Toyota is not a car that makes you want to write poetry. It is a car you get into, press the start button, select Drive, and take wherever you need to go. No drama, no complicated rituals, no need to call the children over to explain how to operate the touchscreen.

SC reminds Congress that budgeting has bounds

Congress has been reminded that the national budget is not a wish list, a political buffet, or an ATM where lawmakers can increase the withdrawal limit simply because the money looks lonely.

When the game becomes a bet

There was a time when watching a basketball game largely meant arguing about the referee, questioning the coach’s substitutions, and insisting that the player who missed three free throws should have been benched in the second quarter. These remain perfectly respectable ways to ruin a Sunday afternoon. Of late, however, there is increasingly another reason to get worked up over a game: money.

Haay naku! The fine art of being charged for breathing near your bank account

Quite a lot of us have had the experience. We open our banking app to send P500 to a godson for his birthday, and the screen politely informs us that this act of generosity will cost us P25. Nakagulat. Five percent of our kindness, gone—not to our godson, not to charity, but to a fee whose only visible purpose is to exist. Haay naku.