Cebu Pacific carried more than 2.1 million passengers in August, up 1.9 percent from a year earlier, as stronger domestic traffic offset a decline in international passengers amid tighter capacity.
Dominion Holdings Inc. (DHI) shareholders approved the company’s merger with Indophil Resources Phils. Inc. and Sonar Holdings Inc., clearing a major corporate hurdle in its bid to gain control of the Tampakan copper-gold project in South Cotabato.
The Philippine financial system remains solid even amid difficult global conditions, the Financial Stability Coordination Council (FSCC) confirmed during its 46th Executive Committee meeting held at the Bangko Sentral ng Pilipinas (BSP) headquarters in Manila. FSCC Chairman and BSP Governor Eli M. Remolona, Jr. noted that global risks are still high, driven by geopolitical tensions in the Middle East and unstable financial markets, but emphasized the system is well-placed to absorb any shocks.
Farmgate prices of dry palay rose nearly 30 percent year-on-year in August, extending the gains seen earlier in 2026 and providing stronger returns for rice farmers despite a slight monthly decline.