Thursday, 06 November 2025, 1:05 pm

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    Bank lending still growing but at slower pace in August

    Bank lending continued to expand in August but at a slower rate of 7.2 percent, significantly less than lending growth averaging 7.7 percent in July, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday, citing preliminary data.

    Meta floats $14 a month ad-free plan for Instagram, Facebook in EU – WSJ

    Meta Platforms is exploring a plan that could make users in the European Union shell out as much as $14 to access ad-free versions of Instagram or Facebook or agree to personalized ads for the free versions, the Wall Street Journal reported on Monday.

    Government debt widens by P931B to P14.35T at end-Aug

    The government on Tuesday reported total outstanding debt rising P930.72 billion in August to P14.35 trillion from its level at the end of 2022...

    DA lists factors favoring lifting of rice price cap

    An interagency committee has laid the predicate—declining prices and increasing supply--for President Ferdinand Marcos Jr. to lift the price cap on rice he implemented last month to curb inflation and buy time to go after grain smuggler and hoarders.

    ESG bonuses are on the rise: Are they improving sustainability or just increasing executive wealth?

    An increasing number of companies are paying bonuses to executives in the pursuit of sustainability. Driven by an ever-growing focus on global issues, more than three-quarters of large, publicly traded companies in Europe and North America now use environmental, social and corporate governance (ESG) metrics when determining executive bonuses.

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    Unemployment up slightly in September, fewer job seekers

    The country’s unemployment rate inched up to 3.8 percent in September 2025 from 3.7 percent a year earlier, equivalent to 1.96 million Filipinos without work, the Philippine Statistics Authority (PSA) reported Thursday. Despite the slight uptick, the number of jobless declined from 2.03 million in August, suggesting some improvement in hiring momentum.

    Rice, poultry lift farm output in 3Q—PSA

    The Philippines’ agriculture and fisheries sector posted moderate growth...

    Seagate shares soar after debt deal

    Shares of Seagate Technology climbed 10 percent on Wednesday after the data storage company announced a USD500 million debt exchange agreement, a move seen by investors as easing its near-term financing pressure.

    Higher enrollment boosts STI Holdings FY net income 38%

    STI Education Systems Holdings, Inc. (STI Holdings), the country’s largest private school network, reported strong financial results for Fiscal Year ending June 30, 2025, supported by higher enrollment and steady operational gains.

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