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Manila

88 stories in the last 24 hours

Part of Philippines

  1. Markets · Asia Philippine Daily Inquirer

    PH warned against Japan-backed energy investments

    MANILA, Philippines — Over 30 civil society groups across Asia warned that Japan’s $10-billion energy financing drive for Southeast Asian economies could deepen the Philippines’ reliance on fossil fuels despite efforts to accelerate renewables buildout. The organizations said on Friday that pushing for further tie-ups with Japan could make Filipino consumers more vulnerable to oil

    • Markets
    • Asia
  2. Crime & Justice · Asia Philippine Daily Inquirer

    NBI to provide assistance in Quiboloy’s potential extradition

    MANILA, Philippines — The National Bureau of Investigation (NBI) will provide the “necessary assistance” in the potential extradition of Kingdom of Jesus Christ (KOJC) founder Apollo Quiboloy. According to the NBI, the assistance to be provided by the agency will depend on the instructions of the Department of Justice (DOJ). READ: Extradition warrant, HDO issued

    • Crime & Justice
    • Asia
  3. Politics · Asia Philippine Daily Inquirer

    Chua on defense wanting longer trial: We call it ‘masochism’

    MANILA, Philippines — The supposed preference of Vice President Sara Duterte’s camp for a longer trial comes off as masochism for Manila Rep. Joel Chua, as the defense lawyers seem to enjoy seeing themselves ‘beaten and bloodied’ continuously. Chua, a member of the prosecution panel, said this during a press briefing on Friday as he

    • Politics
    • Asia
  4. Crime & Justice · Asia Philippine Daily Inquirer

    Alcantara: P213.75M in ‘commissions’ delivered to Estrada

    MANILA, Philippines — A total of P213.75 million worth of “commissions” were delivered to a hotel in Manila allegedly for Sen. Jinggoy Estrada, former Department of Public Works and Highways (DPWH) District Engineer Henry Alcantara testified before the Sandiganbayan Second Division on Friday. Speaking as a witness for the prosecution in the continuation of Estrada’s

    • Crime & Justice
    • Asia
  5. Markets · Asia Philippine Daily Inquirer

    SMC power unit backs DOE rule on surrendering assets

    MANILA, Philippines — San Miguel Corp.’s power arm signaled strong interest in the government’s coal mine auction and even praised the Department of Energy (DOE) for its controversial asset-surrender rule, a provision that has drawn the ire of incumbent operator Semirara Mining and Power Corp. (SMPC). Of the seven companies that attended a new pre-bid

    • Markets
    • Asia
  6. Markets · Asia Philippine Daily Inquirer

    GMA swings to P77-M loss in Q3

    MANILA, Philippines — Broadcast giant GMA Network Inc. slipped into the red in the third quarter of 2026, with sluggish advertising spending and the absence of election-related placements weighing on its revenues. In a disclosure on Friday, the company said it had incurred a consolidated net loss of P77.36 million from July to September, reversing the

    • Markets
    • Asia
  7. Markets · Asia Philippine Daily Inquirer

    San Miguel 9-month profit drops 40% to P47.3B

    MANILA, Philippines — San Miguel Corp. (SMC) reported a 40-percent drop in net income to P47.3 billion in the first nine months of 2026, weighed down by unrealized foreign exchange losses and a high year-earlier base. The conglomerate said its 2025 results included a one-time gain from the Chromite transaction. Excluding that gain and other

    • Markets
    • Asia
  8. Markets · Asia Philippine Daily Inquirer

    Airline losses drag JG Summit’s 9-month profit down 33%

    MANILA, Philippines — JG Summit Holdings Inc.’s net income attributable to equity holders of the parent fell 33 percent to P12.5 billion in the first nine months of 2026, as higher jet fuel costs and a weaker peso weighed on its airline business. On Friday, the Gokongwei-led conglomerate pointed said the peso’s depreciation increased foreign exchange

    • Markets
    • Asia
  9. Sci & Tech · Asia Philippine Daily Inquirer

    20 charging points for EVs now available at NLEX

    MANILA, Philippines — Twenty charging points were added across the North Luzon Expressway (NLEX) amid a growing number of electric and hybrid vehicles, its operator announced Friday. According to NLEX Corp. in a statement, six of its service stops have been equipped with 20 EV charging points as of November 2026. READ: Toll board orders

    • Sci & Tech
    • Asia
  10. Markets · Asia Philippine Daily Inquirer

    ABS-CBN 9-mo losses widened to P2.95B

    MANILA, Philippines — ABS-CBN Corp. saw its losses widen by nearly a third in the first nine months of 2026, as weaker advertising demand and a shrinking cable subscriber base were further aggravated by “challenging market conditions” In a disclosure on Friday, the media company reported a consolidated net loss of P2.95 billion from January to

    • Markets
    • Asia
  11. Markets · Asia Philippine Daily Inquirer

    PSEi drops to 2026 low as peso weakens

    MANILA, Philippines — Local stocks fell for a third straight session on Friday, closing at their lowest level this year as a weaker peso and a downgrade to the country’s growth outlook weighed on sentiment. The benchmark Philippine Stock Exchange Index (PSEi) shed 67.06 points, or 1.18 percent, to close at 5,593.49, slipping below 5,600. READ:

    • Markets
    • Asia
  12. Lifestyle · Asia Philippine Daily Inquirer

    Shopee launches ShopeeFood in the Philippines, expanding its ecosystem of everyday services

    Shopee, the largest e-commerce platform in Southeast Asia and Taiwan and a leading e-commerce platform in Brazil, has launched ShopeeFood, its food delivery service, in the Philippines. The service is now available in Metro Manila, making the Philippines the fifth Southeast Asian market where Shopee offers food delivery as part of its broader marketplace offering.

    • Lifestyle
    • Markets
    • Asia
  13. Markets · Asia Philippine Daily Inquirer

    Weaker peso widens DITO’s 9-month net loss

    MANILA, Philippines — Mounting foreign exchange losses and higher interest expenses hit DITO CME Holdings Corp. in the first nine months of 2026, during which its net loss attributable to shareholders ballooned to P17.1 billion. That marked a 77-percent jump from the attributable net loss of P9.65 billion in the same period last year. READ: DITO

    • Markets
    • Asia
  14. Business · Asia Philippine Daily Inquirer

    PNB Holdings 9-month profit rises 16% to P317M

    MANILA, Philipppines — PNB Holdings Corp. grew net income 16 percent to P317.02 million in the first nine months of 2026 as the company broadened its commercial offerings to attract more customers to its buildings. On Friday, the real estate company said in a disclosure that consolidated revenues rose 5 percent to P940.35 million. READ: PNB

    • Business
    • Markets
    • Asia
  15. Politics · Asia Philippine Daily Inquirer

    Bill seeking to translate Constitution to Filipino, Arabic refiled

    MANILA, Philippines — A bill seeking to make the 1987 Constitution more accessible through translations into Filipino, major regional languages, Arabic, and Spanish has been refiled in the Senate. Senate Bill No. 2600, or the proposed Constitutional Translation and Access Act, seeks to establish a framework to complete outstanding translations of the country’s fundamental law

    • Politics
    • Asia
  16. Markets · Asia Philippine Daily Inquirer

    PhilWeb Q3 profit climbs 36% to P64.2M

    MANILA, Philippines — PhilWeb Corp.’s net income rose 36 percent to P64.2 million in the third quarter of 2026 from P47 million in the previous quarter, as its digital platform business for licensed gaming operators brought in nearly two-thirds of group revenue. On Friday, the company, backed by Lance Gokongwei, said it was its third straight

  17. Markets · Asia Philippine Daily Inquirer

    Cosco Jan-Sept profit climbs 11.8% to P11.96B

    MANILA, Philippines — Lucio Co-led Cosco Capital Inc. grew its consolidated net income by 11.8 percent to P11.96 billion in the first nine months of 2026, as stronger grocery earnings offset a decline in profit at liquor distributor The Keepers Holdings Inc. On Friday, the company said in a disclosure that consolidated revenues rose 10.2 percent

  18. Politics · Asia Philippine Daily Inquirer

    Charlito Martin Mendoza takes oath as new BOC chief

    MANILA, Philippines — Charlito Martin R. Mendoza took his oath as Commissioner of the Bureau of Customs (BOC) Friday, following his appointment by President Ferdinand R. Marcos Jr. He returns to the BOC after leading major reforms at the Bureau of Internal Revenue (BIR). Before becoming BIR Commissioner, he served as Department of Finance undersecretary

    • Politics
    • Asia
  19. Markets · Asia Philippine Daily Inquirer

    Nickel Asia’s 9-month income jumps 19%

    MANILA, Philippines — Nickel Asia Corp. (NAC) reported a 19-percent jump in its nine-month income, lifted by higher metal prices and sales as well as a booming renewable energy business. The listed miner’s attributable net income rose to ₱6.16 billion from ₱5.19 billion a year earlier. READ: Nickel Asia books 93% higher H1 profit “Our strong

  20. Politics · Asia Philippine Daily Inquirer

    Malacañang allays fears on recent Cabinet shakeup

    MANILA, Philippines — Malacañang on Friday allayed fears from business groups that the recent overhaul in the Marcos administration’s key revenue-generating agencies could result in economic disruption. This concern comes after yet another shake-up in the Marcos Cabinet involving the Bureau of Customs (BOC), Bases Conversion and Development Authority (BCDA), Bureau of Internal Revenue (BIR), and

    • Politics
    • Asia
  21. Politics · Asia Philippine Daily Inquirer

    PNP warns public vs fake Asean Summit advisories

    MANILA, Philippines — The Philippine National Police (PNP) on Friday warned the public against fake advisories and misleading information circulating online about the 49th Association of Southeast Asian Nations (Asean) Summit. The PNP advised the public to only rely on official government channels and to refrain from spreading unverified summit-related announcements. “Please do not circulate

    • Politics
    • Asia
  22. Markets · Asia Philippine Daily Inquirer

    Security Bank’s 9-month profit inches up to P9.2B

    MANILA, Philippines — Security Bank Corp. grew its net income 1 percent to P9.2 billion in the first nine months of 2026, as revenue growth outpaced operating expenses. On Friday, the bank said in a disclosure that total revenues rose 8 percent to P52.5 billion. READ: Security Bank maps out 3-year growth push “Our nine-month

  23. Politics · Asia Philippine Daily Inquirer

    Luistro: Sara Duterte trial ‘bloodbath’ real, but it’s on defense’s side

    MANILA, Philippines — The “bloodbath” that Vice President Sara Duterte imagined would happen in her impeachment trial came true, but it was not in the way she would have wanted, Batangas Rep. Gerville Luistro said on Friday. Luistro, lead public prosecutor for the impeachment, said in a press briefing that the bloodbath happened instead within Duterte’s

    • Politics
    • Asia
  24. Crime & Justice · Asia Philippine Daily Inquirer

    PNP intensifies manhunt on Basilan judge gunmen

    MANILA, Philippines — The Philippine National Police (PNP) on Friday said that it intensified the manhunt for the two gunmen behind the killing of a Basilan judge. Basilan Regional Trial Court Presiding Judge Joseph Wee Sit was shot and killed by two unidentified men early Thursday in Zamboanga City. PNP chief Gen. Jose Melencio Nartatez

    • Crime & Justice
    • Asia
  25. Crime & Justice · Asia Philippine Daily Inquirer

    Hontiveros: Quiboloy can’t evade accountability amid extradition warrant

    MANILA, Philippines — Sen. Risa Hontiveros on Friday welcomed the issuance of an extradition warrant of arrest against Kingdom of Jesus Christ (KOJC) leader Apollo Quiboloy, saying he could no longer evade accountability now. According to the senator, the said the development was good news for victims who have long been waiting for justice, urging

    • Crime & Justice
    • Asia
  26. Crime & Justice · Asia Philippine Daily Inquirer

    Sandiganbayan acquits ex-Albay gov of indirect bribery over jueteng

    MANILA, Philippines — The Sandiganbayan Third Division on Friday acquitted former Albay Gov. Edcel Greco Lagman on the charges of indirect bribery and violation of the Anti-Illegal Gambling law after the witnesses who alleged that he was involved in jueteng operations recanted their statements. “[T]he Court holds that reasonable doubts are present as regards Lagman’s

    • Crime & Justice
    • Asia
  27. Politics · Asia Philippine Daily Inquirer

    Makati announces traffic setups ahead of Asean Summit

    MANILA, Philippines—Motorists can expect slower traffic in parts of Makati City’s central business district from Nov. 14 to Nov. 18. This situation will prevail as police checkpoints, stop-and-go schemes and road rerouting will be implemented during the Asean Summit. The Makati City government announced that portions of major roads will be designated for Asean delegates,

    • Politics
    • Asia
  28. Markets · Asia Philippine Daily Inquirer

    Andok’s taps Rockport Power for retail electricity supply

    MANILA, Philippines — Rockport Power Inc., a licensed retail electricity supplier, has secured a power supply deal to energize an initial 16 branches of Andok’s Litson Corp., a Filipino food chain known for its signature roasted chicken. The government’s retail aggregation program (RAP) made the deal possible by allowing households and smaller consumers in a shared

  29. Politics · Asia Philippine Daily Inquirer

    Group slams ‘reckless’ displacement of street dwellers for Asean Summit

    MANILA, Philippines — A group advocating for people in street dwelling situations (PSDS) on Friday criticized the government’s clearing and beautification operations ahead of the 49th Association of Southeast Asian Nations (Asean) Summit on Nov. 15 to 17. According to Kaagapay ng mga Sandigan ng Masang Nasa Kalsada (Kasama Ka) Executive Director Gil Espenido, the

    • Politics
    • Asia
  30. Markets · Asia Philippine Daily Inquirer

    Meralco power rates rise this month

    MANILA, Philippines — Over eight million Manila Electric Co. (Meralco) customers will face higher electricity bills this month, as the company raised rates by P0.4895 per kilowatt-hour (kWh) due to higher generation charges. The power utility giant said the overall rate for a typical household would climb to P15.5510 from P15.0615 per kWh in October.

  31. Markets · Asia Philippine Daily Inquirer

    Airfare fuel surcharge to ease by Nov. 16

    MANILA, Philippines — Travelers get a slight reprieve in the second half of November as the Civil Aeronautics Board (CAB) approved lower fuel surcharges for the period, reflecting the decline in global jet fuel prices. In an advisory, the aviation regulator said a Level 16 fuel surcharge would take effect from Nov. 16 to 30, down

  32. Crime & Justice · Asia Philippine Daily Inquirer

    Judges’ group condemns Basilan magistrate’s killing, seeks safety

    MANILA, Philippines — The Philippine Trial Judges League Inc. (PTJLI) has condemned the killing of Basilan Regional Trial Court (RTC) Judge Joseph M. Wee Sit, calling for an immediate and impartial investigation and stronger security measures for members of the judiciary. In a statement, the group described the killing as an attack on judicial independence

    • Crime & Justice
    • Asia
  33. Markets · Asia Philippine Daily Inquirer

    Panga exits Peza with record investment haul

    MANILA, Philippines — Outgoing Philippine Economic Zone Authority (Peza) Director General Tereso Panga on Friday bade farewell to the agency following a government reshuffle that would see Joshua Bingcang, president and CEO of the Bases Conversion and Development Authority, take over his post. In a social media post, Panga, who has served Peza for 28 years,

  34. Politics · Asia Philippine Daily Inquirer

    COA chief Cordoba named new Supreme Court associate justice

    MANILA, Philippines — President Ferdinand Marcos Jr. has appointed Commission on Audit (COA) Commissioner Gamaliel Cordoba as the next Supreme Court associate justice, replacing retiring Associate Justice Amy Lazaro-Javier. Palace Press Officer Claire Castro announced the appointment during a briefing at the International Media Center in Pasay City. /dp READ: Zalameda is new chief justice

    • Politics
    • Asia
  35. Markets · Asia Philippine Daily Inquirer

    LT Group posts record P25.82-B 9-month profit

    MANILA, Philippines — Lucio Tan-led LT Group Inc. posted a record attributable net income of P25.82 billion in the first nine months of 2026, up 14 percent from P22.57 billion a year ago, as its banking and tobacco businesses drove earnings growth. Philippine National Bank (PNB) was the biggest contributor at P11.95 billion, or 46

  36. Politics · Asia Philippine Daily Inquirer

    Bayan slams Marcos’ call for patience over Asean disruptions

    MANILA, Philippines—President Ferdinand Marcos Jr.’s call for patience amid the disruptions caused by the country’s hosting of the 49th Association of Southeast Asian Nations (Asean) Summit was “insulting and insensitive,” progressive group Bagong Alyansang Makabayan (Bayan) said on Friday. In a statement, Bayan said Marcos had asked Filipinos to bear with temporary inconveniences brought about

    • Politics
    • Asia
  37. Politics · Asia Philippine Daily Inquirer

    De Lima files new reso seeking probe on Zambales dredging

    MANILA, Philippines — A new resolution which reiterates the need for a congressional investigation on the large-scale dredging operations in Zambales has been filed by Mamamayang Liberal party-list Rep. Leila de Lima, saying that the ecosystem damage continues if this issue remains unchecked. In a statement, de Lima said she filed House Resolution No. 1601

    • Politics
    • Asia
  38. Markets · Asia Philippine Daily Inquirer

    Oil price cuts may extend next week

    MANILA, Philippines — Motorists can expect more relief at the pump, with another round of fuel price rollbacks of up to ₱5 per liter likely next week. Based on estimates from Jetti Petroleum president Leo Bellas, diesel could decrease by P4 to P5 per liter. READ: DOE, oil firms urged to fully implement fuel price rollback

    • Markets
    • Asia
  39. Sport · Asia The Philippine Star

    Song torches Masters with eagle, ace-spiked 60; Go, Quiban, Ramos advance

    Lloyd Go bucked exacting conditions in the afternoon wave and delivered a two-under 68 to secure his place in the weekend rounds. But it was Korean Minhyuk Song who stole the spotlight with a breathtaking backside assault that transformed the Philippine Open into his own personal showcase at Manila Southwoods here Friday.

    • Sport
    • Asia
  40. News · Latin America Folha de S.Paulo

    Lula chega a Manila para visita de Estado e reuniões bilaterais com Canadá e Singapura

    O presidente Luiz Inácio Lula da Silva ( PT ) chegou na madrugada desta sexta-feira (13), no horário de Brasília, em Manila, capital das Filipinas , para participar de uma visita de Estado e da cúpula dos líderes da Asean (Associação de Nações do Sudeste Asiático, em português), na qual também deverá se reunir com os primeiros ministros do Canadá e de Singapura . Leia mais (11/13/2026 - 08h07)

  41. Sci & Tech · Asia Philippine Daily Inquirer

    Senate probe into ‘spaghetti wires,’ electrical hazards sought

    MANILA, Philippines — A Senate inquiry into accidents and public safety hazards caused by dangling and poorly maintained electrical and utility wires is being sought following several reported incidents involving motorists, pedestrians, and children. Senate Resolution No. 776, filed by Sen. Raffy Tulfo on Wednesday, seeks to direct the Senate Committee on Public Services to

    • Sci & Tech
    • Asia
  43. News · Asia Philippine Daily Inquirer

    372 buses get special permits for Asean holiday rush

    MANILA, Philippines—The Land Transportation Franchising and Regulatory Board (LTFRB) has issued 372 special permits to passenger buses to accommodate the expected increase in travelers during the five-day Asean holiday break. The board said on Friday that the additional buses would help meet passenger demand as workers and students take advantage of the break to travel

  44. News · Asia Philippine Daily Inquirer

    NCRPO warns protesters anew: No rallies outside freedom parks

    MANILA, Philippines — The National Capital Region Police Office (NCRPO) warned that police would arrest or take legal action against persons who will hold demonstrations outside the designated freedom parks. This warning is in effect during the 49th Association of Southeast Asian Nations (Asean) Summit that will happen from Nov. 15 to 17. Several groups

  45. Markets · Asia Business Recorder

    ASEAN faces Myanmar dilemma as some members pursue closer ties

    BANGKOK: ASEAN is under increasing pressure at its upcoming summit to ease a five-year ban on Myanmar’s military-backed leaders attending high-level meetings, after Thailand and several other members stepped ​up engagement despite the country’s ongoing civil war. Leaders of the Association of Southeast Asian Nations are set to review their decision to exclude Myanmar when they meet ‌in Manila from November 15 to November 17. Myanmar has been in turmoil since 2021, when then-military chief Min...

  46. News · Asia Dawn

    Asean faces Myanmar dilemma as some members pursue closer ties

    Asean is under increasing pressure at its upcoming summit to ease a five-year ban on Myanmar’s military-backed leaders attending high-level meetings, after Thailand and several other members stepped up engagement despite the country’s ongoing civil war . Leaders of the Association of Southeast Asian Nations (Asean) are set to review their decision to exclude Myanmar when they meet in Manila from Nov 15 to Nov 17. Myanmar has been in turmoil since 2021, when then-military chief Min Aung Hlaing...

  50. Markets · Asia Philippine Daily Inquirer

    Coming up: Leadership shuffle at BIR, BCDA, BOC, Peza

    MANILA, Philippines — A sweeping leadership shake-up reconfigured President Marcos’ economic team on Thursday, bringing changes to the country’s two largest revenue-collecting agencies and two major investment promotion bodies. While stopping short of formally confirming the appointments, the country’s trade and finance chiefs welcomed Bases Conversion and Development Authority (BCDA) president and CEO Joshua Bingcang

  53. Markets · Asia Philippine Daily Inquirer

    Slow GDP growth tests BSP resolve on inflation

    MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) acknowledged that the country was grappling with a difficult mix of high inflation and sluggish economic growth, while stressing that its future policy decisions would remain guided by incoming data. In a statement on Wednesday evening, the central bank said it remained committed to fulfilling its mandate

  54. Markets · Asia Philippine Daily Inquirer

    BSP keeps cap on credit card finance charges

    MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has decided to keep the current cap on finance charges that credit card issuers can collect from borrowers, but raised the fees for installment loans and cash advances. In a statement, the BSP said the move was meant to protect consumers while providing credit card issuers more

  55. Markets · Asia Philippine Daily Inquirer

    PSA: Investment pledges surged 83% in Q3 to P628B

    MANILA, Philippines — Investments committed by Filipino and foreign investors rose sharply in the third quarter, reaching P628.19 billion as pledges from overseas investors more than doubled during the period. Latest data from the Philippine Statistics Authority (PSA) showed that investment commitments approved from July to September surged by 82.7 percent from P343.81 billion in the

  56. Markets · Asia Philippine Daily Inquirer

    Softer bank, property earnings pull Ayala core profit down by 6%

    MANILA, Philippines — Ayala Corp.’s core net income fell 6 percent to P34.5 billion in the first nine months of 2026 as weaker earnings from its banking and property businesses and lower non-operating income weighed on the conglomerate. On Thursday, the conglomerate said steady core earnings from Globe Telecom Inc., a higher contribution from AC Energy

  57. Markets · Asia Philippine Daily Inquirer

    Marketing rescue: Beware of 4 untested business assumptions

    MANILA, Philippines — In recent sessions of our Marketing Rescue free consulting program at Mansmith and Fielders, we observed a recurring pattern among business owners and founders. Sales are slowing. Customer acquisition costs are rising. New product launches are underperforming. In response, management teams are working harder, spending more and launching more initiatives. Yet revenue

  58. Markets · Asia Philippine Daily Inquirer

    Can paper-based packaging crack the canned tuna market?

    MANILA, Philippines — The tin can has long defined the look of packaged tuna. On supermarket shelves where competing brands vie for shoppers’ attention, the familiar format leaves little room for visual distinction. Tetra Pak wants Philippine tuna brands to consider Tetra Recart, a retortable paper-based packaging format designed for shelf-stable foods. The company says it

  59. Markets · Asia Philippine Daily Inquirer

    US defense firm eyes $20-M drone hub in Aurora

    MANILA, Philippines — A Virginia-based defense logistics company that supports both the US Department of War and the Armed Forces of the Philippines is eyeing a $20-million investment in a drone hub in Aurora province. Anglicotech plans to build a drone manufacturing facility on a five-hectare site within the Aurora Pacific Economic Zone, focusing on aerial

  60. Markets · Asia Philippine Daily Inquirer

    BIZ BUZZ: Rigodon and Pax Silica

    MANILA, Philippines — Another major government shakeup that has reshuffled President Marcos’ economic team is raising fresh—and, for now, unanswered—questions about the Philippines’ much-touted Pax Silica hub. As early as Wednesday night, rumors were already swirling that Bases Conversion and Development Authority (BCDA) President and CEO Joshua Bingcang, whose agency oversees the planned hub, would be

  61. Markets · Asia Philippine Daily Inquirer

    UA&P: Sugar industry can reduce import dependence

    MANILA, Philippines — The Philippine sugar industry still has room to improve productivity and reduce its dependence on imports despite persistent production challenges, according to a report from the University of Asia and the Pacific (UA&P). In a briefer, the UA&P-CFA said the sugar industry continues to face structural challenges hampering its productivity and competitiveness

  62. Markets · Asia Philippine Daily Inquirer

    PFDA upgrades fish ports in CamSur, Camiguin, Pampanga

    MANILA, Philippines — The Philippine Fisheries Development Authority (PFDA) is upgrading major fish port and market infrastructure projects in Camarines Sur, Camiguin, and Pampanga to improve postharvest handling and expand market access. “The projects will benefit approximately 137,000 fishermen and industry players by boosting fish handling, improving cold storage capacity, and creating more efficient market access

  63. All sport · Asia Philippine Daily Inquirer

    PVL: Creamline’s miscues prove costly in loss to Choco Mucho

    MANILA, Philippines — Jema Galanza lamented Creamline’s miscues, especially in the fifth set, as the Cool Smashers dropped their highly anticipated match against Choco Mucho in the 2026 PVL All-Filipino Conference Siklab Series. Creamline absorbed its second straight loss, 23-25, 25-13, 25-23, 22-25, 15-13, after giving up 27 free points to Choco Mucho from errors

  64. All sport · Asia Philippine Daily Inquirer

    PVL: Deanna Wong savors ‘sweetest’ Choco Mucho win over Creamline

    MANILA, Philippines — After Caitlin Viray nailed the game-winning attack, an emotional Deanna Wong dropped to the taraflex and pounded the floor in celebration, fired up after Choco Mucho’s big win over longtime tormentor and sister team Creamline. Wong then shared a high five with her partner, Akari star Ivy Lacsina, before her teammates rushed

  65. All sport · Asia Philippine Daily Inquirer

    PVL: Eya Laure fights through pain to deliver for Choco Mucho

    MANILA, Philippines — Playing through minor back pain, Eya Laure almost didn’t finish another Choco Mucho-Creamline showdown after only starting in the first set and missing the next three. But when her number was called in the fifth set, Laure delivered the telling blows to propel Choco Mucho past Creamline, 23-25, 25-13, 25-23, 22-25, 15-13,

  66. All sport · Asia Philippine Daily Inquirer

    PVL: Choco Mucho edges Creamline in thriller to boost semis hopes

    MANILA, Philippines — Choco Mucho overcame its sister team Creamline, 23-25, 25-13, 25-23, 22-25, 15-13, to keep its semifinal hopes alive in the 2026 PVL All-Filipino Conference Siklab Series on Thursday at Smart Araneta Coliseum. Dragged into the decider, Flying Titans came out with a sense of urgency after back-to-back losses for an improved 4-3

  67. All sport · Asia Philippine Daily Inquirer

    Filipinas draw two Koreas, China in Olympic qualifying group

    MANILA, Philippines–The Philippine women’s football team was placed in a tough draw for the AFC Women’s Olympic Qualifying Tournament that will be played across three windows starting in April 2027. The Filipinas will be facing North Korea, South Korea and China in Group B, which was determined following Thursday’s draw ceremony at the AFC House

  68. Markets · Asia Philippine Daily Inquirer

    New wells lift Malampaya gas output to 5-year high

    MANILA, Philippines — Razon-led Prime Energy Resources Development B.V. said the local market’s only natural gas field has hit its highest delivery in five years after unlocking new gas supply. On Thursday, the group said Malampaya natural gas deliveries recently reached a five-year high, surging to 400 million standard cubic feet per day. READ: Prime Energy

  69. Markets · Asia Philippine Daily Inquirer

    As telco profits dip, MVP floats consolidation

    MANILA, Philippines — Tycoon Manuel V. Pangilinan is again raising the prospect of consolidation among the country’s four major telecommunications companies as they grapple with rising costs, sluggish revenue growth, and pressure on consumer spending. “We have four telcos serving a very small market,” Pangilinan said at PLDT Inc.’s third-quarter briefing on Thursday, noting that

  70. Markets · Asia Philippine Daily Inquirer

    GT Capital’s 9-month profit falls 10% to P23.3B

    MANILA, Philippines — GT Capital Holdings Inc.’s consolidated net income fell 10 percent to P23.3 billion in the first nine months of 2026 as economic growth slowed and high inflation weighed on consumer sentiment. On Thursday, the conglomerate pointed out in a disclosure that third-quarter gross domestic product growth was 2.1 percent. READ: GT Capital earns

  71. Markets · Asia Philippine Daily Inquirer

    RE lifts First Gen 9-mo profit to P12.5B

    MANILA, Philippines — Lopez-led First Gen Corp. posted an uptick in earnings in the first nine months as it benefited from stronger results from its renewable energy assets. On Thursday, First Gen said in a statement that its attributable recurring net income had reached P12.5 billion, up 3 percent from P12.1 billion. READ: First Gen seals

  72. Markets · Asia Philippine Daily Inquirer

    ACEN gives up nearly 5GW more in renewable contracts

    MANILA, Philippines — ACEN Corp. has dropped 12 wind and solar service contracts in Luzon, letting go of nearly 5,000 megawatts (MW) of potential capacity, as the government continues to purge idle renewable projects. On Thursday, the group, backed by the Ayala Group, said in a regulatory filing that it voluntarily relinquished the projects “in support

  73. Markets · Asia Philippine Daily Inquirer

    High fuel prices, peso slump ground CebuPac to P12.8-B loss

    MANILA, Philippines — Budget carrier Cebu Pacific sank deeper into the red in the first nine months of 2026, posting a P12.8-billion net loss after a double whammy of soaring jet fuel costs and a weakening peso. This marked a reversal from the P9.46-billion profit that the Gokongwei-led carrier booked in the same period in 2025.

  74. Markets · Asia Philippine Daily Inquirer

    BIR eyes P3T in collections by end-November

    MANILA, Philippines — The Bureau of Internal Revenue (BIR) is eyeing the P3-trillion collection mark before the end of November––a goal that it plans to achieve through stronger tax compliance. On Thursday, the BIR said in a statement that it collected P2.8 trillion in the first 10 months, up 5.63 percent from the comparable period in

  75. Markets · Asia Philippine Daily Inquirer

    BankCom’s 9-month net income rises 15% to P3.17B

    MANILA, Philippines — Bank of Commerce (BankCom), an affiliate of San Miguel Corp., grew its unaudited net income by 15 percent to P3.17 billion in the first nine months of 2026 as higher interest earnings offset a drop in non-interest income. On Thursday, the bank said it earned P2.75 billion in the same period last year. BankCom

  76. All sport · Asia Philippine Daily Inquirer

    Spikers’ Turf: Mikko Espartero returns as FEU keeps AFP winless

    MANILA, Philippines — Far Eastern University-DN Steel dominated the winless Armed Forces of the Philippines, 25-16, 25-20, 25-10, to complete back-to-back wins in less than 24 hours in the 2026 Spikers’ Turf Invitational Conference on Thursday at Smart Araneta Coliseum. Mikko Espartero made his tournament debut after missing their first six games due to an

  77. All sport · Asia Philippine Daily Inquirer

    PLDT captain Kath Arado gets engaged to longtime partner

    MANILA, Philippines — In front of her PLDT teammates and coaches, Kath Arado got engaged to her longtime boyfriend Allan Joseph Moral on Wednesday. The members of the High Speed Hitters shared congratulatory messages and photos of Arado during the engagement that happened in Tagaytay. READ: PVL: Kath Arado helps PLDT win in front of

  78. All sport · Asia Philippine Daily Inquirer

    PVL: Nxled keeps fingers crossed after Jonah Sabete injury

    MANILA, Philippines–Initial tests on Jonah Sabete-Escamillan’s injured left leg came back negative, giving Nxled hope that its veteran wing spiker did not suffer a serious injury. Escamillan hurt her leg after an awkward landing midway through the third set and was stretchered off the court on Thursday during their game against Akari in the 2026

  80. All sport · Asia Philippine Daily Inquirer

    PVL: Nxled sweeps Akari to clinch Siklab semifinals berth

    MANILA, Philippines — Nxled made history with its first-ever semifinals appearance in the 2026 PVL All-Filipino Conference Siklab Series. The Chameleons remained dominant in six games and became the first team to advance after a 27-25, 25-22, 26-24 sweep of sister Akari on Thursday at Smart Araneta Coliseum. Brooke Van Sickle led another balanced attack

  82. All sport · Asia Philippine Daily Inquirer

    NBA scores today: Spurs, Lakers, Celtics extend winning streaks

    MANILA, Philippines– The 2026-27 NBA season continued Thursday, November 12 (November 11 in the US), with San Antonio Spurs extending their winning streak to 10 games, Los Angeles Lakers claiming their seventh straight victory and Boston Celtics making it five in a row. Indiana Pacers beat Washington Wizards, 114-101 Pascal Siakam scored 28 points, making

  83. News · China China News Service (ECNS) State media

    ASEAN Summit international media center opens in Manila

    49th ASEAN Summit and Related Meetings are scheduled to take place from Nov. 15 to 17. The event marks the final ASEAN Summit hosted by the Philippines during its 2026 chairmanship of the bloc.

  85. News · Asia The Korea Herald

    Lee to call for cooperation on energy supply risks at ASEAN, APEC summits

    President Lee Jae Myung will underscore the need for closer regional cooperation to withstand energy supply disruptions at two major regional summits next week, according to Cheong Wa Dae. Lee will embark on a four-day diplomatic trip Monday to attend a series of summits involving the Association of Southeast Asian Nations in Manila, the Philippines, before traveling to Shenzhen, China, for the Asia-Pacific Economic Cooperation summit, national security adviser Wi Sung-lac announced Thursday. Sp

  86. News · Asia The Korea Herald

    Lee to attend ASEAN, APEC summits in Philippines, China next week

    South Korean President Lee Jae Myung will attend summits of the Association of Southeast Asian Nations and the Asia-Pacific Economic Cooperation next week, his national security adviser said Thursday. The South Korean president will depart Monday first for Manila where he will attend the ASEAN summit until Tuesday, followed by a two-day trip to China's Shenzhen beginning Wednesday, where he will attend the APEC summit, National Security Adviser Wi Sung-lac told a briefing. At the upcoming events

  87. All sport · Asia Philippine Daily Inquirer

    Calvin Abueva hints at retirement from PBA

    MANILA, Philippines–Is Calvin Abueva serious about hanging it up after the PBA season? The Converge forward hinted at retirement on Wednesday, the same day he was fined a total of P24,000 for his actions during the FiberXers’ Game 4 win over the Rain or Shine Elasto Painters in the 2016 Governors’ Cup quarterfinals. Abueva made

  88. Markets · Asia Dawn

    Asian Development Bank approves $500m loan to help Pakistan strengthen disaster preparedness

    ISLAMABAD: The Asian Development Bank (ADB) on Wednesday approved contingent disaster financing (CDF) facilities up to $500 million for Pakistan to withstand disasters and facilitate disaster response. In a statement, the Manila-based lending agency said the funds will provide prompt budget support following eligible disaster events to help reduce the resulting economic and fiscal impacts. “Floods, earthquakes, and other disasters cause Pakistan an estimated $2 billion in annual average losse...

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