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    Economic expansion, loan growth seen picking up pace this year

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    Economic expansion, measured as the gross domestic product (GDP), is seen accelerating across ASEAN and especially in the Philippines, according to latest forecasts by Fitch Ratings.

    Approved building permits in 3Q down 18% year-on-year to 37,845

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    Approved building permits in the third quarter declined 18 percent year-on-year to 37,845, with residential buildings still accounting for the bulk of the issued permits, data from the Philippine Statistics Authority showed.

    National Treasury awards all P20B offered in bond auction

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    The National Treasury awarded the entire P20 billion worth of treasury bonds it offered at the auction Tuesday, with average rate lower.

    AEV in definitive deal to purchase Phl Coke bottler

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    Aboitiz Equity Ventures Inc. said Monday it has entered into a definitive agreement with Coca-Cola Europacific Partners Plc for their joint acquisition of Coca-Cola Beverages Philippines Inc., which values the beverage bottler at USD1.8 billion on a debt-free, cash-free basis.

    Bureau of Treasury launches 1st tokenized treasury bonds

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    The Bureau of the Treasury launched Monday the Philippines’ maiden offering of peso-denominated Tokenized Treasury Bonds to raise at least P10 billion from the domestic capital market. 
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    Juan Ponce Enrile, key Martial Law figure and EDSA rebel, dies at 101

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    Former Senate President Juan Ponce Enrile, who at 101 still served as chief legal adviser to President Ferdinand Marcos Jr., passed away on Thursday, his daughter Katrina Ponce Enrile announced. “With profound love and gratitude, my father peacefully returned to his Creator on November 13, 2025, at 4:21 p.m., surrounded by our family at home,” she said, adding that it was her father’s wish to take his final breath in their residence. JPE, as he is known, was hospitalized earlier this week, battling pneumonia. The family requested privacy as they grieve, with details of public viewing to follow. Enrile served several presidents, including the late Ferdinand Marcos Sr. and Corazon Aquino—both as Defense Secretary. The Senate expressed sorrow and, following tradition, suspended deliberation on the government’s 2026 budget following the passing of its former leader, a figure both vilified for his role during the Martial Law years and revered for EDSA People’s Power Revolution.

    MVP Group in early talks to acquire Villar’s Prime Water

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    The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.

    MGen donates P17.3-million lighting system to Iloilo football ground

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    Meralco PowerGen Corp. (MGen), through its subsidiary Panay Energy Development Corp., has funded a P17.3-million lighting system for the La Paz Football Ground in Iloilo City.

    Tino, Uwan typhoons wreck P743.8-M worth of crops

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    The twin blows of tropical systems Tino and Uwan have caused an estimated ₱743.83 million in agricultural damage across several regions, according to the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center.

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    Alternergy Launches Retail Power Unit

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    Renewable energy trailblazer Alternergy Holdings Corp. is strengthening its position in the power industry with the launch of its retail electricity supply arm, ALTER Power RES, Inc. (ALTER Power), after securing approval from the Securities and Exchange Commission.
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    Juan Ponce Enrile, key Martial Law figure and EDSA rebel, dies at 101

    0
    Former Senate President Juan Ponce Enrile, who at 101 still served as chief legal adviser to President Ferdinand Marcos Jr., passed away on Thursday, his daughter Katrina Ponce Enrile announced. “With profound love and gratitude, my father peacefully returned to his Creator on November 13, 2025, at 4:21 p.m., surrounded by our family at home,” she said, adding that it was her father’s wish to take his final breath in their residence. JPE, as he is known, was hospitalized earlier this week, battling pneumonia. The family requested privacy as they grieve, with details of public viewing to follow. Enrile served several presidents, including the late Ferdinand Marcos Sr. and Corazon Aquino—both as Defense Secretary. The Senate expressed sorrow and, following tradition, suspended deliberation on the government’s 2026 budget following the passing of its former leader, a figure both vilified for his role during the Martial Law years and revered for EDSA People’s Power Revolution.
    Corporate

    MVP Group in early talks to acquire Villar’s Prime Water

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    The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.
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