Philippines Business News

At 88% occupancy, Savya brings the workplace closer to a growing Arca South

Plug-and-play, furnished units up for grabs Location, connectivity, and workplace design have become must-haves for businesses choosing where…

ADB ready to help Philippines deal with El Niño

The Asian Development Bank (ADB) is ready to provide assistance to the Philippines in dealing with the El Niño’s effects.

‘Banks should shoulder more losses from digital scams’

Banks and other financial institutions should bear greater responsibility for losses from digital scams when these stem from weaknesses in their own controls, according to global management consulting firm Arthur D. Little (ADL).

Cebu Pacific building up fleet for long-haul flights

Low-cost carrier Cebu Pacific has landed its 15th aircraft for long-haul flights, boosting its fleet ahead of capacity expansion during the holiday season.

DOTr: New transport hubs up and running next year

The Department of Transportation (DOTr) expects to complete three more big-ticket terminals in 2027 that would enhance land-based transport around and within Luzon.

ERC adjusts Meralco’s power distribution rate

The Energy Regulatory Commission (ERC) has approved Manila Electric Co.’s (Meralco) first rate reset in over a decade, but at a level roughly 37 percent lower than what the power giant had proposed.

Industry leaders flag enforcement gaps in substandard steel cases

Industry leaders raised concerns over weak follow-through on private-sector reports of suspected substandard steel products, while calling for stricter rules on product standards and a ban on induction furnaces products.

Inflation pressures most widespread in Philippines – Nomura

The Philippines is facing the most widespread inflation pressures among Asian economies tracked by Japanese investment bank Nomura, strengthening the case for further interest rate hikes by the Bangko Sentral ng Pilipinas (BSP).

Intensive care

Our macroeconomic numbers are starting to look like the fading vital signs of a very sick patient who should be in intensive care. But the attending physician went off to Singapore to watch the F1 Grand Prix races instead.

MGEN makes final push for Atimonan coal plant

Meralco PowerGen Corp. (MGEN) is turning to its parent, Manila Electric Co., in what could be its last shot at finally advancing its 1,200-megawatt (MW) coal-fired power plant in Atimonan, Quezon.

Owners buy their stocks

There has been a recent wave of buying activity by major owners of listed companies.

Philippines on track to hit 6.4 million tourist arrivals target

Tourist arrivals may hit the 6.4 million target this year, supported by travel demand in the fourth quarter, according to the Department of Tourism (DOT).

Pork imports likely to expand next year – USDA

The entry of imported pork to the Philippines may increase by seven percent in 2027, with further growth likely tempered by higher domestic stocks, according to the US Department of Agriculture (USDA).

The eclectic revival of MCS

The Rufino-owned Makati Central Square along Chino Roces Avenue in Legazpi Village, Makati City, is undergoing a subtle change that is not visible to many passersby.

'NBA Cares x Sands Cares Community Impact Week 2026' Successfully Concludes

NBA legend Chris Bosh and Sir David Beckham visit NBA HOUSE to support Impact Week Sharing the excitement of basketball event, inspiring care and uniting the community MACAO, Oct. 11, 2026 /PRNewswire/ -- As The NBA China Games 2026 entered its final day today, the five-day NBA Cares x Sands Cares Community Impact Week 2026 - co-organised by Sands China and NBA Cares - also drew to a successful close with its concluding event, the Community Basketball Carnival at NBA HOUSE at Halls A and B of Co

Encaleret Increased Bone Turnover and Improved Participant-Reported Symptoms in the Phase 3 CALIBRATE Trial in ADH1

- Encaleret administration increased bone turnover, based on its action to recover endogenous PTH secretion in patients with ADH1 - 100% of participants who received encaleret reported improvements in at least one ADH1 symptom compared to 46% of participants who received standard of care - Improvements in ADH1-related impacts on daily functioning were also more frequently reported with encaleret compared to standard of care - The FDA has accepted BridgeBio’s NDA for encaleret in ADH1 and granted

NewYou Life Announces Nationwide Community Initiative to Support Chinese American Families

New York, USA, Oct. 11, 2026 (GLOBE NEWSWIRE) -- NewYou Life hosted the Project Launch Conference at the New York Marriott Marquis, bringing together media representatives, invited guests, and community representatives to mark a milestone for the organization. A large screen at the venue displayed the conference title, "Project Launch Conference,” alongside the slogan, "Ignite the Spark, Unite the Light.” Lucas Lee, founder and CEO of NewYou Life, delivered the keynote address to outline the org

Cardurion Pharmaceuticals Presents Phase 2 Results for Tovinontrine (CRD-750), a PDE9 Inhibitor, as a Novel Treatment for Heart Failure

In Cycle-1REF Phase 2 clinical trial, tovinontrine demonstrated substantial reduction in NT-proBNP, a biomarker for heart failure, in patients with HFrEF on top of guideline-directed medical therapy, with a favorable safety and tolerability profile Company continues to advance tovinontrine in a pioneering clinical program targeting PDE9 in heart failure Results from the Cycle Phase 2 clinical trials will be presented in a plenary session at Heart Failure Society of America Annual Scientific Meet

Polish police arrest a man suspected of planning to attack Prime Minister Donald Tusk

WARSAW, Poland — A man suspected of threatening and planning to attack Polish Prime Minister Donald Tusk was arrested, the country's interior minister said Sunday. Interior Minister Marcin Kierwiński gave no details about the identity of the man nor the type of attack planned. Poland has been on high alert following a series of school stabbings this week, as well as fears of a possible Russian hybrid attack to weaken Western support for Ukraine in its war against Moscow’s full-scale

PCSO Lotto Results | October 11, 2026

Formula One: Singapore Grand Prix results

SINGAPORE — Results from Formula One Singapore Grand Prix at the Marina Bay Street Circuit (62 laps): 1. Max Verstappen (NED/Red Bull) 305 km in 1hr 42min 0.785sec, 2. Charles Leclerc (MON/Ferrari) at 7.335sec, 3. Kimi Antonelli (ITA/Mercedes) at 24.573, 4. Lando Norris (GBR/McLaren) at 40.506, 5. Oscar Piastri (AUS/McLaren) at 49.644, 6. Lewis Hamilton (GBR/Ferrari) at 53.188, 7. Liam Lawson (NZL/RB) at 1:21.666, 8. Nico Hulkenberg (GER/Audi) at 1:23.386, 9. George Russell (GBR/Mercedes)

Jindong, Zhejiang: Building on the Yangtze River Delta Sci-Tech Innovation Corridor, Seizing the AI Wave to Forge New Industrial Strengths

JINHUA, China, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Jinyi Lake Forum · 2026 Intelligent Agent OPC Innovation Conference was held at Jinyi Lake Innovation Circle. As a demonstration zone for industry-city integration in the Yangtze River Delta G60 Sci-Tech Innovation Corridor, the Jindong District of Jinhua, Zhejiang, is taking innovation-driven development as its core, seizing the opportunities presented by the AI industrial revolution, and relying on the construction of the Jinyi Lake Innovation C

Magnolia routs Ginebra, seals playoff spot

MANILA, Philippines — Magnolia started like a house on fire and managed to sustain its hot start to pulverize Barangay Ginebra, 112-93 to seal a playoff berth in the PBA Season 50 Governors’ Cup on Sunday at the Araneta Coliseum. Six Hotshots scored in double figures led by Zavier Lucero who flirted with a double-double after finishing with 21 points and nine rebounds. Jerome Lastimosa added 16, Mark Barroca had 15, while import KJ Buffen produced 14 and 10 rebounds. Peter Alfaro and

Hurricane Simon pounds resorts and vulnerable towns along Mexico’s Pacific coast

PUERTO VALLARTA, Mexico — Hurricane Simon was pounding Mexico’s Pacific coast as a Category 4 storm on Sunday, its eye remaining just offshore as its most powerful winds and rain slammed people living between the Sierra Madre and the ocean. Simon’s eye was moving northward just off the coast, and forecasters at the U.S. National Hurricane Center said it’s not clear if it will make landfall. This could mean Simon maintains its extremely dangerous strength, sustaining winds