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MONEY SENT HOME by migrant Filipinos grew by less than 2% for the third straight month in August, as lingering geopolitical tensions continued to weigh on remittance flows and overseas worker deployment, analysts said. Cash remittances...
THE PHILIPPINE economy’s recovery next year will hinge on a rebound in public investment, although prolonged energy price shocks and climate-related disruptions such as the “Super El Niño” could derail growth, the World Bank said. In an...
POWER GENERATORS can now build larger power plants after the Energy Regulatory Commission (ERC) removed capacity limits to boost electricity supply, encourage investments and foster greater competition. In a resolution dated Oct. 9,...
THE PHILIPPINE PESO breached the P63-per-US-dollar level for the first time on Thursday, as hot US inflation data bolstered bets that the US Federal Reserve could keep rates higher for longer. The currency fell by 19 centavos to close at P63.06...
CONSUMERS are visiting shopping malls less frequently amid higher fuel and parking costs but are spending more time during each visit, according to an executive of listed property developer Megaworld Corp. “They don’t go as frequently as...
CEBU PACIFIC carried more passengers in the first nine months of 2026, although its seat occupancy declined as the budget carrier expanded capacity faster than passenger traffic. In a statement on Thursday, Cebu Air, Inc., the operator of...