Tuesday, 03 February 2026, 7:19 pm

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    Japan cuts view on economy for first time in 10 months

    Japan's government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure.

    Union Bank starts offer of new series senior fixed-rate bond

    Union Bank of the Philippines on Monday started the public offer of its 1.5-year senior fixed rate series F bonds due 2025 and its 3-year senior fixed rate series G bonds due 2026. The offer ends 29 November.

    GM’s Cruise robo-taxi CEO resigns from company

    The CEO of General Motors' robot-taxi unit Cruise, Kyle Vogt, has resigned from the company a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet.

    Small modular nuclear reactor project discontinued in the US

    The push for bring compact nuclear reactors to market stumbled last week as exponents of the clean-energy technology—Utah Associated Municipal Power Systems and listed NuScale Power Corp.-- decided to terminate their decade-old Carbon Free Power Project.

    CAB keeps airline fuel surcharge unchanged for December

    The Civil Aeronautics Board (CAB) has maintained the passenger and cargo fuel surcharge to level 7 for December due to lower jet fuel prices. 

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    Digital banking, stronger infrastructure seen as key to MSME financing

    Improved national infrastructure and enabling policies, supported by digital banking, can help speed up access to financing for micro, small and medium enterprises (MSMEs), Maya Bank president Angelo Madrid said at the Money20/20 Philippines Summit.

    ERC may still penalize Leviste-linked solar firm despite shutdown

    The Energy Regulatory Commission (ERC) said it can still collect penalties from Solar Para Sa Bayan Corp. if the company is found guilty of charging customers without approval, even if it has already stopped operating.

    DA looks to replicate banana export gains across more high-value crops

    The Department of Agriculture (DA) is stepping up efforts to boost exports of other high-value food crops by replicating the strategies that helped revive the country’s banana industry, which posted strong export growth last year.

    Calbayog Airport ready for jet flights

    Calbayog Airport in Samar is now ready to handle jet aircraft, a development expected to improve domestic air travel and help lower airfare, the Department of Transportation (DOTr) said.

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