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Eight-month tourist arrivals hit 3.66M

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Foreign visitors arrival in the Philippine between January and August this year reached a total 3.66 million, 38 percent more than the total tourist arrivals for the whole of 2022, data from the Department of Tourism showed.

El Niño could throw off forecast 2023 inflation, Moody’s unit says

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Experts consider the El Nino weather disturbance as aggravating factor to high inflation that could throw off expectations of moderating consumer prices in the waning months of the year.

$303M ADB loan to boost flood resilience in river basins

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The Asian Development Bank (ADB) has approved a $303 million loan to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines, one of the most vulnerable countries to the effects of climate change and disasters caused by natural hazards.

Tariff Commission hears proposed rice tariff cut this Friday

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The three-man Tariff Commission is set to begin this Friday, September 15, a public hearing on the proposal to temporarily reduce the tariff rate on rice imports to 10 percent from 35 percent.

T-bill rates mixed at auction of P15B debt paper

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Treasury bill (T-bill) yields were mixed at Monday’s auction, with average rate on the 91-day debt paper up slightly from previous auction after data last week showed inflation accelerating in August. 
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BPI marks 175-year milestone with proposed ₱5-Billion sustainable bond issuance 

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The Bank of the Philippine Islands (BPI) is set to expand its sustainability efforts and mark a major milestone in its corporate history with a proposed ₱5-billion bond offering. Dubbed the BPI SIBOL Bonds, this issuance serves as the third tranche under the bank’s broader ₱200-billion bond and commercial paper program, with an option to increase the offer size based on demand.

Global financial leaders gather in Manila to tackle growing climate risks 

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In a historic move, top central bankers, climate scientists, and business leaders from around the globe converged at the Philippine International Convention Center on October 19, 2026, for the first-ever Green Swan Conference held outside Switzerland.

Boomi expands AI enterprise capabilities with acquisition of Elementary Data

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In a strategic move to address the growing demand for trusted data in artificial intelligence deployments, Boomi has officially acquired Elementary Data, a leading provider of data observability solutions. Following its recent acquisition of Lunar.dev, this latest addition significantly strengthens the Boomi Enterprise Platform by integrating advanced observability, data quality, governance, and discovery features essential for modern enterprise AI.

SM Prime starts Susana Heights redevelopment, plans new retail hubs 

Property 0
SM Prime Holdings Inc. is moving ahead with the first phase of a redevelopment of Susana Heights Village in Muntinlupa, planning new retail plazas and upgrades to community amenities as it seeks to refresh the established residential estate while preserving its low-density character.

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