Philippines Business News

Rapper-economist Cielo Magno confirms she will run for Senate

Will anti-corruption crusader Cielo Magno succeed where former NEDA chief Winnie Monsod failed?

SMS Tan Kiat How, Rosianna Silalahi and Glenda Gloria to speak at PRISM Summit 2026

Senior Minister of State Tan Kiat How to attend as Guest-of-Honour at the 12 November summit, which will bring together leaders from across public relations, journalism, business and technology SINGAPORE - Media OutReach Newswire - 15 October 2026 - The Institute of Public Relations of Singapore (IPRS) has announced the keynote speakers for the Media OutReach Newswire PRISM Summit 2026, taking place on 12 November at METT Singapore. Mr Tan Kiat How, Senior Minister of State for Digital Developme

12 plays, musicals make the cut in new theater festival

MANILA, Philippines — From a total of 373 submissions for the first Puregold Teatro Panalo, the 12 finalists were announced at Gateway Mall today, Oct. 14. The eight one-act plays and four musicals are “The Girl Scout Law" by Rhain Alcoriza; “True to Life" by John Lapus; "Trahedya ng Kamote" by Marjay Manalastas; “The Boy Foretold by the Stars (One-Act Play)” by Dolly Dulu; “Nothing but Dreams" by Ricardo Novenario; "Youngstunna" by Jerom Canlas; “Walang

Ukraine to resume strikes on Russian refineries, Zelenksy tells FT

BtcDana Named Most Innovative CFD Broker and Most Reliable FX Broker at the World Finance Forex Awards 2026

Photo courtesy of BtcDana BtcDana has won two honors at the World Finance Forex Awards 2026, taking Most Innovative CFD Broker and Most Reliable FX Broker. The recognition points to a market rewarding platforms that traders find clear, dependable, and credible when conditions move fast. DUBAI, United Arab Emirates, Oct. 14, 2026 (GLOBE NEWSWIRE) -- BtcDana has been named Most Innovative CFD Broker and Most Reliable FX Broker in the World Finance Forex Awards 2026, the online broker announced. Th

AWLC Announces Pricing of $750 Million of 6.250% Fixed-to-Floating Rate Senior Notes Due 2032

NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds, today announced the pricing of an offering of $750 million in aggregate principal amount of 6.250% fixed-to-floating rate senior notes due 2032 (the “Notes”) by Atlas Warehouse Lending Company, L.P. (“AWLC”) in a private offering to eligible purchasers under Rule 144A of the Securities Act of 1933, as amended (the “SecuritiesAct”) with r

Hampton to Issue Shares for Debt

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Hampton Financial Corporation ("Hampton” or the "Company”, TSXV: HFC) announces that pursuant to a prior agreement with the holder of debentures in the aggregate principal amount of $5.2 million Hampton proposes to issue 458,410 subordinate voting shares of Hampton at the deemed price of $0.26 per share to the holder of such debentures to settle a quarterly interest

Lawyers for NY man shot by ICE say officer fired into car without warning

NEW YORK — Lawyers for a man wounded by an immigration officer while driving with his young son in New York said in a court filing Wednesday that the agent who shot him never identified himself before he ran up to the car, smashed one of its windows, then fired several shots into the vehicle. The account by lawyers for Oscar Belgal contrasted sharply with the version of events outlined by Department of Homeland Security officials. They have said officers opened fire only after Belgal smash

Exalate launches Australian hosting for Exalate Cloud, giving organisations the option to run integrations in-country

Local hosting on Google Cloud in Sydney is available now, across every Exalate connector. ANTWERP, Belgium, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Exalate, the integration solution for synchronising work across Jira, ServiceNow, Azure DevOps, Salesforce, Freshdesk and other platforms, announced Australian hosting for Exalate Cloud. Companies in Australia can now run their integrations on Google Cloud infrastructure in Sydney, with all Exalate connectors supported. For many Australian businesses, part

U.S. Treasury yields slide after CPI-driven spike

BSP revamps capital rules for banks’ fraud, cyber risks

The Bangko Sentral ng Pilipinas has adopted a new framework for determining how much capital banks must maintain against losses from fraud, cyberattacks and operational failures, with full implementation set for December 2027.

Business group pushes reforms in 10 priority areas

The country’s largest business organization is pushing for reforms in 10 priority areas to attract investments and create domestic value and benefits that reach communities beyond major corridors.

Converge clinches triple win at HR Asia Awards

Leading fiber broadband and technology provider Converge ICT Solutions Inc. is strengthening its reputation as an employer of choice in the Philippines, earning three major recognitions at the 2026 HR Asia Best Companies to Work for in Asia Awards for its commitment to employee engagement, Diversity, Equity, Inclusion (DEI) and workplace sustainability.

DA cancels P700 million rice shipment from Vietnam

Agriculture Secretary Francisco Tiu Laurel Jr. said the Department of Agriculture (DA) had ordered the cancellation of the import permit for a P700-million rice shipment from Vietnam, days before the vessel arrived in the Philippines.

DA mobilizes LGUs to boost ube output

To boost local ube production, the Department of Agriculture is teaming up with local government units to create better export opportunities for growers and meet rising global demand.

El Nino effect: Double-digit decline in palay output seen

The country’s palay or unmilled rice harvest is projected to decline by 17 percent in the third quarter, according to the Philippine Statistics Authority.

Harm reduction and taxation can go together

Last weekend, I attended the 1st ASHRA Congress: Harm Reduction in the Asia-Pacific Rim, at the Sapporo Convention Center in Sapporo, Hokkaido, Japan. It was organized by the Asia-Pacific Society of Harm Reduction and Addiction (ASHRA), composed mostly of physicians, psychologists, neurosurgeons, psychiatrists and other health professionals.

Pag-IBIG extends home financing program to Rockwell Land units

Rockwell Land Corp. has partnered with Pag-IBIG Fund to offer homes across different price segments, including premium residences under the Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) program.

PAGCOR profit to drop below P5 B this year

The Philippine Amusement and Gaming Corp. expects its net income to fall below P5 billion this year from P17.47 billion in 2025, weighed down by higher mandatory remittances to the government’s sports agency and weaker gaming revenues amid slowing consumer spending.

Philippines fiber linkage among lowest in Asia-Pacific

The Philippines has one of the lowest penetration rates for fiber-to-the-home services in Asia-Pacific, as Filipinos prefer mobile data due to its cheaper pricing.

Philippines pitched as Asia’s subsea cable corridor

The Philippines, with its strategic location, has the potential to become a convergence point for submarine cables, but this would require investing in high-value assets, according to telco giant PLDT Inc.

Readiness for Super El Niño

It is the middle of October, well into the “ber” months, when mornings are supposed to turn cool and Christmas songs play in the background. But this year, the weather has not kept to the calendar. The heat and dry air make us feel as if the dry season never really left, with only a few intermittent downpours to interrupt it.

Stocks plunge anew as IMF flags growth risk

The local stock market suffered a steep decline, losing for a second straight session amid lingering economic concerns raised by the International Monetary Fund.

Tubig Pilipinas resumes stock trading

The Philippine Stock Exchange Inc. has lifted the trading suspension on shares of Tubig Pilipinas Holdings Inc., formerly Coal Asia Holdings Inc., after nearly 10 months.