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Farm group seeks RCEF benefits extension, repurposed NFA

The Philippine Chamber of Agriculture and Food Inc. (PCAFI) urges government to amend the Rice Tariffication Law (RTL) and extend the life of the Rice Competitiveness Enhancement Fund (RCEF) past the five years dictated by legislation.

MPTC eyes raising P45 billion from syndicate of banks

Metro Pacific Tollways Corp. (MPTC) is in negotiations with a syndicate of local and foreign banks to raise at least P45 billion as part of a larger plan to reduce its debt. 

Bataan-Cavite Interlink Bridge set to begin next year

The Department of Public Works and Highways (DPWH) expects to start the construction of the Bataan-Cavite Interlink Bridge (BCIB) project by 2024.

DA wants to boost coconut industry productivity to benefit millions of farmers

The Department of Agriculture (DA) is looking at massive coconut planting and replanting to boost production of a sector that accounts for more than a third of the country’s agricultural exports and source of livelihood for millions of Filipinos.

China’s fast-fashion retailer Shein files for US IPO – sources

China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.

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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.

Motorcycle sales rebound 8.1% in Q3 to 524,860 units

Motorcycle sales among the country’s four major manufacturers rebounded in the third quarter of 2026, rising 8.1 percent year-on-year to 524,860 units as stronger monthly volumes in August and September reversed the previous quarter’s contraction.

ASEAN growth summit brings business leaders, Angelina Jolie to Manila

The Philippines will bring some of the world’s biggest business names, regional policymakers and Hollywood actress Angelina Jolie to Manila on November 11 for a summit focused on how Southeast Asia can protect economic resilience, accelerate digital transformation and ensure growth reaches smaller businesses and underserved communities.

Japan-Philippines friendship highlighted at 82nd Battle of Surigao Strait commemoration

The enduring friendship and diplomatic ties between Japan and the Philippines took center stage during the 82nd commemoration of the historic Battle of Surigao Strait, jointly organized by the City of Surigao and the Province of Dinagat Islands.

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