Top News

Jobless Filipinos surge to 2.86M in September 

The number of unemployed Filipinos surged to 2.86 million in September 2026 as employment growth failed to keep pace with an expanding labor force, pushing the jobless rate to its highest level in recent months.

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FAST Logistics plots next leg beyond the truck

For FAST Logistics Group, the next leg of growth is not necessarily about moving more boxes faster. It is about making the entire journey work better.

Agriculture

Manila conference to chart inclusive farm modernization across Asia-Pacific

The Department of Agriculture (DA) and the UN Food and Agriculture Organization (FAO) are bringing together governments, agribusinesses, technology providers, and development partners in Manila this month to expand access to affordable farm machinery and services—key to cutting production costs, easing farm labor shortages, and raising incomes for millions across the Asia-Pacific region.

Corporate

Anko expands to Laguna, Cavite; Philippine store count reaches 9

Australian home and lifestyle brand Anko is growing its footprint across the Philippines, opening three new locations before the end of 2026 and expanding beyond Metro Manila for the first time since its 2024 launch.

Banking & Insurance

Foreign currency reserves drop to $97.4B

The Bangko Sentral ng Pilipinas (BSP) reported that the country’s gross international reserves (GIR) stood at $97.4 billion as of end-October 2026. This dip in foreign currency reserves was primarily driven by the central bank’s active foreign exchange interventions, downward adjustments in the value of gold assets amid shifting global prices, and the national government withdrawing funds from its central bank deposits to cover foreign debt service obligations alongside other international funding needs.
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Markets

National credit perception hits all-time highs

The Philippines has recorded its highest-ever credit perception score, reaching 75 out of 100 and up by 2 points from the previous year, according to the latest survey by TransUnion Information Solutions Inc.

Travel

DOT, GCash expand cashless payments for tourism MSMEs

Tourists visiting Philippine destinations will have more ways to pay digitally as the Department of Tourism (DOT) partners with GCash to equip accredited small businesses with cashless payment facilities, including options for transactions using supported foreign-issued cards.
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Energy

Gov’t eyes LGU fund realignment as El Niño threatens farms, water supply

The government is weighing a realignment of Local Government Support Fund (LGSF) allocations to channel more money toward provinces, cities and municipalities facing the greatest risks from a potentially very strong El Niño, with drought impacts expected to intensify by January 2027.

Transport & Communications

PAL expands long-haul fleet with 9 more Airbus A350-1000s, boosting global reach and passenger experience

Philippine Airlines (PAL) has sealed deals with Airbus and Rolls-Royce to acquire nine additional Airbus A350-1000 aircraft, moving forward with its major long-haul fleet expansion. The deal also includes purchase rights for five more planes and a supply of Trent XWB-97 engines, bringing PAL’s total commitment for this aircraft model to 18 units.
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Property

Ayala Land expects holiday mall boost from 250 new stores

Ayala Land Inc. (ALI) is counting on more than 250 new store openings in the fourth quarter to sustain mall leasing growth and capture stronger holiday spending, building on a 10-percent increase in revenue across its shopping center portfolio in the first nine months of 2026.

Environment

P1.2B UAE grant eyed to cut Pasig River waste by 25%

The Philippines is seeking a P1.2-billion grant from the United Arab Emirates (UAE) to reduce plastic and organic waste entering the Pasig River system by 25 percent over five years, with the proposed program targeting weaknesses in household garbage segregation, collection and waste processing.
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Technology

BOI maps six-node tech corridor to attract AI investments

The Board of Investments (BOI) is mapping out a six-node technology corridor linking mineral processing, chip design, advanced manufacturing, and digital infrastructure to position the Philippines as an investment destination for artificial intelligence (AI) and other advanced technologies.

Health & Science

PSAC seeks P1B yearly for 100 Filipino scholars abroad

The Private Sector Advisory Council (PSAC) is proposing a P1-billion annual government allocation to send 100 top-performing Filipino students to leading universities overseas, with scholars required to return home and put their expertise to work in the Philippines.
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Opinion

The showroom is now in your pocket

Buying a car in the Philippines has traditionally involved three things: a dealership, a salesperson who calls you “Sir” or “Ma’am” with enthusiasm, and a calculator poised to reveal how much of your future salary you need to commit. There may also be coffee, a test drive, and a discussion about whether the free tint is really worth installing.

Food security is not a rice-growing contest

Filipinos have long treated food security and food self-sufficiency as though they were the same, as if a country that grows all the food it eats automatically has a well-fed population.

The long way to the starting line

A 29-hour journey is a long time to think about a sporting career. There are connecting flights, airport layovers, uncomfortable seats, and the inevitable question of whether the person beside you has also decided that sleeping on an airplane is an exercise in futility. For nine young Filipino athletes on their way to Dakar, Senegal, however, the long trek is hopefully headed to success. They are about to compete in the 2026 Youth Olympic Games, an event that could become an important chapter in their sporting lives.

The living dead of payday

In high school, our mentors taught us noun declensions, Caesar’s campaigns in Gaul and four-part harmony. Somewhere between Latin and music, we also acquired the comforting belief that we were neither rich nor poor. With P50 in our pockets, we could go places and still come home with change. Life was a picnic. We did not realize the picnic had an expiry date.