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Cryptoverse: Bitcoin defies its doubters in 2023

Communications & Technology Reuters Reuters -
If 2022 was the year that "broke bitcoin", 2023 has been the year of trauma recovery.

Ayala Health acquires control of Mercado Hospital

Corporate Context.ph Context.ph -
The Ayala Healthcare Holdings Inc. has increased its shareholding in Healthway QualiMed Health Network or the Mercado General Hospital Inc. to 94 percent, signifying its commitment to investing in healthcare in the Philippines. 

Uneventful 4Q seen lifting agriculture output performance

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) said agricultural production in the fourth quarter is seen buoyant. 

Meralco power rates decline as Dec generation fees ease

Energy & Mining Context.ph Context.ph -
Manila Electric Co., better known as Meralco, said Monday power rates in December decreased  by P0.7961 per kiloWatt-hour due mainly to reductions in generation charges.

China’s consumer prices fall fastest in 3 years, factory-gate deflation deepens

Markets Reuters Reuters -
China's consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery.
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Peso slide to P63 vs USD, spur costs, inflation risks

Finance 0
The peso’s slide beyond P63 against the US dollar is threatening to drive up Philippine manufacturing costs and fuel inflation, raising concerns as businesses brace for stronger Christmas-season demand.

Jollibee bags Advertiser of the Year, wins 10 SMARTIES 

Corporate Bulletins 0
Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.

DTI assured stable prices, supplies ahead of Christmas

Economy 0
The Department of Trade and Industry (DTI) has urged consumers to avoid panic-buying and hoarding, assuring the public that supplies of basic goods remain adequate and prices stable ahead of Christmas and the anticipated Super El Niño.

DMCI Power’s ₱3-B Palawan coal plant set for November public review

Energy & Mining 0
The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.

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