The Manila Times
Diesel prices to increase, gasoline to decrease next week

Diesel prices to increase, gasoline to decrease next week

Source: ManilaTimes Oct 23, 2026

Diesel prices are expected to go up while gasoline is projected to go down for the second straight week due to the es...
Video game developer BioWare shuts down, next 'Mass Effect' canceled amid broader layoffs at EA

Video game developer BioWare shuts down, next 'Mass Effect' canceled amid broader layoffs at EA

Source: ManilaTimes Oct 23, 2026

VIDEO game publisher Electronic Arts is shutting down the popular and influential game development studio BioWare aft...
United Airlines sees elevated fuel costs through 2027

United Airlines sees elevated fuel costs through 2027

Source: ManilaTimes Oct 23, 2026

CHICAGO, Illinois — United Airlines CEO Scott Kirby said on Wednesday the carrier expects fuel prices to remain eleva...
Micron faces strike from one Taiwan union after deal with another

Micron faces strike from one Taiwan union after deal with another

Source: ManilaTimes Oct 23, 2026

TAIPEI — A union representing workers at a Micron plant in Taiwan said it would proceed with a planned strike on Thur...
Germany’s SAP hits 10-billion-euros quarterly revenue milestone, lifts 2026 view

Germany’s SAP hits 10-billion-euros quarterly revenue milestone, lifts 2026 view

Source: ManilaTimes Oct 23, 2026

EUROPE’S largest tech company SAP on Wednesday achieved a 10-billion-euros ($11.2 billion) quarterly revenue mileston...
L'Oreal Q3 sales beat forecasts as consumers indulge in premium beauty

L'Oreal Q3 sales beat forecasts as consumers indulge in premium beauty

Source: ManilaTimes Oct 23, 2026

PARIS, France —  French cosmetics group L'Oreal (OREP.PA), opens new tab beat third-quarter sales forecasts on Thursd...
IBM raises annual software revenue outlook

IBM raises annual software revenue outlook

Source: ManilaTimes Oct 23, 2026

IBM finance chief James Kavanaugh on Wednesday said delayed software deals that rattled investors in the last quarter...
GM targets ‘eyes-off’ autonomous driving for pickups, SUVs

GM targets ‘eyes-off’ autonomous driving for pickups, SUVs

Source: ManilaTimes Oct 23, 2026

GENERAL Motors plans to offer “eyes-off” autonomous driving on its highest-selling, most profitable vehicles — big pi...
DBM advances deadline for add’l budget requests

DBM advances deadline for add’l budget requests

Source: ManilaTimes Oct 23, 2026

THE Department of Budget and Management (DBM) has moved up the deadline for government agencies to request additional...
Araneta Properties moves annual stockholders meeting

Araneta Properties moves annual stockholders meeting

Source: ManilaTimes Oct 23, 2026

ARANETA Properties Inc. has postponed its annual stockholders’ meeting to Dec. 7 from the original Nov. 18 schedule, ...
Think tank says political, country risk to worsen

Think tank says political, country risk to worsen

Source: ManilaTimes Oct 23, 2026

THE Philippines’ political and country risk level could worsen during the second half of the year with a deterioratin...
Budget shortfall widens in Sept to P249B

Budget shortfall widens in Sept to P249B

Source: ManilaTimes Oct 23, 2026

THE government’s budget deficit widened further in September compared to the previous month’s shortfall as spending o...
Agri damage, losses due to El Niño hit P8B

Agri damage, losses due to El Niño hit P8B

Source: ManilaTimes Oct 23, 2026

AGRICULTURAL damage due to the effects of El Niño has so far reached more than P8 billion and has affected almost 300...
No price increases until end-2026 – DTI chief

No price increases until end-2026 – DTI chief

Source: ManilaTimes Oct 23, 2026

TRADE Secretary Cristina Roque said manufacturers of basic necessities and prime commodities (BNPCs) have committed t...
Peso hits new low; stock mart retreats

Peso hits new low; stock mart retreats

Source: ManilaTimes Oct 23, 2026

BOTH the peso and the stock market retreated yesterday, with the local currency hitting a new record low again, after...
Trouble in our hog industry (II)

Trouble in our hog industry (II)

Source: ManilaTimes Oct 23, 2026

LOCAL hog producers are demanding higher tariffs on pork imports to arrest falling farmgate prices, warning that gove...
PEZA tops P300B investment target

PEZA tops P300B investment target

Source: ManilaTimes Oct 23, 2026

THE Philippine Economic Zone Authority (PEZA) on Thursday said it had exceeded its P300-billion investment target thi...
The silver lining behind the dark clouds

The silver lining behind the dark clouds

Source: ManilaTimes Oct 23, 2026

THE dark clouds over our economy have been gathering throughout the year and strong winds have been blowing hard on o...
Visayas, Mindanao placed under red, yellow alerts

Visayas, Mindanao placed under red, yellow alerts

Source: ManilaTimes Oct 23, 2026

THE Visayas power grid was placed under red and yellow alerts on Thursday as power plant outages and reduced output t...
Mining groups warn vs new contract rules

Mining groups warn vs new contract rules

Source: ManilaTimes Oct 23, 2026

THE Chamber of Mines of the Philippines and the Philippine Nickel Industry Association on Thursday cautioned that an ...
PH wants to export coconuts to West Africa

PH wants to export coconuts to West Africa

Source: ManilaTimes Oct 23, 2026

THE Philippines has shipped 32,000 fresh young coconuts as a donation to Liberia while exploring export opportunities...
DA seeks to restructure livestock budget

DA seeks to restructure livestock budget

Source: ManilaTimes Oct 23, 2026

THE Department of Agriculture (DA) plans to restructure funding for the Animal Industry Development and Competitivene...
Ginbee Go to succeed TG Limcaoco as BPI CEO

Ginbee Go to succeed TG Limcaoco as BPI CEO

Source: ManilaTimes Oct 23, 2026

BANK of the Philippine Islands (BPI) has named its consumer banking head, Maria Cristina “Ginbee” L. Go, as its next ...
Southstar Drug partners with Social Welfare Dept

Southstar Drug partners with Social Welfare Dept

Source: ManilaTimes Oct 23, 2026

SOUTHSTAR Drug, a unit of Robinsons Retail Holdings Inc. (RRHI), has partnered with the Department of Social Welfare ...
Maynilad finishes Las Piñas pipe replacement

Maynilad finishes Las Piñas pipe replacement

Source: ManilaTimes Oct 23, 2026

MAYNILAD Water Services Inc. has completed a P200-million pipe replacement project in Las Piñas City, the West Zone w...
PhilStar

EU-Philippines lab to let firms test AI before investing

Source: PhilStar Oct 23, 2026

Before spending on AI, Filipino MSMEs and start-ups could first test whether it works for them.

Mitsubishi’s bet at the helm in Philippines

Source: PhilStar Oct 23, 2026

Noriaki Hirakata made a career out of scrutinizing automotive companies from the outside, analyzing business performance and offering recommendations on what automakers should do.

Is cyber resilience enough?

Source: PhilStar Oct 23, 2026

A tito in Quezon City gets a text on his lunch break. The sender name reflects the government agency, and the message says he has an unsettled violation. The website he taps looks official and takes him through each step, so he pays.

Israeli tech exec joins Dito board

Source: PhilStar Oct 23, 2026

An Israeli businessman who changed his name to conceal property fraud in the US has joined the board of Davao-based businessman Dennis Uy’s Dito CME Holdings Inc.

DA seeks restructured livestock, poultry budget

Source: PhilStar Oct 23, 2026

he Department of Agriculture  is seeking P15 billion in funding for the livestock and poultry sector as it adjusts its financing strategy amid delays in the rollout of a competitiveness fund meant to boost the industry.

Sta. Lucia borrowing P7 billion for expansion

Source: PhilStar Oct 23, 2026

Sta. Lucia Land Inc., the flagship property development arm of the Robles and Santos families’ Sta. Lucia Group, intends to borrow over P7 billion from local financial institutions to refinance existing loans and support its continuing expansion.

Sec Vince gets defensive

Source: PhilStar Oct 23, 2026

Department of Public Works and Highways Secretary Vince Dizon is a very busy man, so much so that he  spent less than 20 minutes at the infrastructure forum arranged by the Economic Journalists Association of the Philippines held  last Monday, Oct. 19 at the Insular Life Building along Paseo de R...

DOF fine-tuning tax amnesty bill

Source: PhilStar Oct 23, 2026

The Department of Finance  is still fine-tuning a proposed tax amnesty bill, which it aims to file with the House of Representatives within the year, according to Finance Undersecretary Rolando Ligon Jr.

DOE: P5 trilllion needed to harness 25 GW of hydropower capacity

Source: PhilStar Oct 23, 2026

The Philippines needs roughly P5 trillion in investments to fully harness its vast hydropower potential, according to the Department of Energy.

Miners push back on new system for evaluating resource contracts

Source: PhilStar Oct 23, 2026

 The country’s miners have raised concerns over a new government system for evaluating and granting natural resource contracts, warning that the new framework could compromise investments into the sector.

Vingroup to invest $500 million for EV production in Philiipines

Source: PhilStar Oct 23, 2026

Vietnamese conglomerate Vingroup plans to invest $500 million in a flagship electric vehicle manufacturing facility in the Philippines.

Government by AI

Source: PhilStar Oct 23, 2026

We have been reading and hearing about how AI will soon run the world as humans watch on the sidelines.

BSP rate hike, peso fall snap 5-day stock rally

Source: PhilStar Oct 23, 2026

The local stock market snapped its five-day climb following the Bangko Sentral ng Pilipinas (BSP)’s latest rate hike and the continued weakening of the peso against the dollar.

Peso weakens to record low 63.52:$1

Source: PhilStar Oct 23, 2026

The peso weakened past the 63.50-per-dollar level yesterday, setting another record low even after the Bangko Sentral ng Pilipinas (BSP) delivered a larger-than-usual interest rate hike before the foreign exchange market closed.

PEZA investments hit P310 billion in 10 months, beating 2026 goal

Source: PhilStar Oct 23, 2026

Investments approved by the Philippine Economic Zone Authority from January to October hit P310 billion, surpassing the agency’s full-year target and placing the agency on track to set a new record.

Coconut products tagged for exports to Africa

Source: PhilStar Oct 23, 2026

The Department of Agriculture  is looking to open export opportunities for coconut products in West Africa, following the shipment of young coconuts to Liberia.

RFM readies dry powder for potential acquisitions

Source: PhilStar Oct 23, 2026

Food and beverage company RFM Corp. is staying ready for acquisition opportunities, keeping deployable cash even as it continues to reward shareholders with  large amount of dividends.

How Tala’s strategic partnerships are expanding financial access for Filipinos

Source: PhilStar Oct 22, 2026

For many Filipinos, financial needs rarely arrive one at a time.

Converge Studios launches AI-powered health IT solutions to accelerate healthcare transformation in the Philippines

Source: PhilStar Oct 22, 2026

Converge Studios officially launched its health IT solutions at “AI in Healthcare: Elevating What’s Possible."

Before you buy the home, try the neighborhood

Source: PhilStar Oct 22, 2026

Turn a condo viewing in the MOA Complex into a day out, and discover what the address could add to everyday life.

Hotel101 entering Africa with new Egypt hotel

Source: PhilStar Oct 22, 2026

DoubleDragon Corp., the listed company chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, continues its global expansion of Hotel101, with Africa next.

The electric future of the next generation

Source: PhilStar Oct 22, 2026

The other day, while scrolling through my social media feed, I came across a post about a collection of interviews from the 1960s, with ordinary people asked to imagine the future. S

GlobalSource makes case for bigger 50-bp BSP rate hike

Source: PhilStar Oct 22, 2026

New York-based GlobalSource Partners is advocating a larger 50-basis-point interest rate hike by the Bangko Sentral ng Pilipinas (BSP) today, warning that a smaller adjustment may not be enough to contain worsening inflation and prevent further damage to household spending and economic growth.

‘Up to $100 million investment pledges secured for agriculture’

Source: PhilStar Oct 22, 2026

The Philippines can secure up to $100 million in potential investments to support the country’s agricultural value chain, according to the Department of Agriculture.

Hotel101 entering Africa with new Egypt hotel Richmond Mercurio

Source: PhilStar Oct 22, 2026

DoubleDragon Corp., the listed company chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, continues its global expansion of Hotel101, with Africa next.