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Inflation may hit 7.7% in October, exceed 8% in November
Philippine inflation could accelerate to 7.7% in October and exceed 8% in November as higher transport fares, wage adjustments, and peso depreciation add to household costs.
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Government debt hits record ₱19.66 trillion in September
The Philippine government’s outstanding debt reached a record ₱19.66 trillion in September, up 12.63% from a year earlier and nearing its projected ₱19.77-trillion year-end target. Additional borrowings and peso depreciation contributed to the increase.
2 min read
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MICHELIN Guide Philippines 2027: Full list of restaurants and awardees
The MICHELIN Guide has announced its 2027 Philippine selection, featuring retained and new restaurants across MICHELIN Stars, Bib Gourmand, and MICHELIN Selected categories.
3 min read
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BPI, Metrobank reportedly eye CIMB Philippines in $200-million sale
BPI and Metrobank are reportedly interested in acquiring CIMB Bank Philippines, with the potential sale valued at up to $200 million and binding bids due before the end of October.
2 min read
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SC: Employers cannot force employees to retire at 60 without consent
The Supreme Court ruled that employees cannot be forced to retire before 65 without clear and voluntary consent, affirming the illegal dismissal of a worker whose employer treated his appointment as expired at age 60.
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BREAKING: Peso hits ₱64 per dollar for the first time
The Philippine peso breached ₱64 per US dollar during intraday trading on October 27 for the first time, extending its record-setting decline against the greenback.
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BIR suspends mandatory display of registration seal badge until further notice
The BIR has suspended the mandatory display of its Registration Seal Badge until further notice, allowing covered online sellers and other taxpayers to stop displaying it without penalties solely for non-display during the suspension.
2 min read
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MariBank teases return of foreign transaction cashback in November
MariBank is teasing the return of cashback on foreign transactions in November, but the bank has yet to disclose the rate, spending limits, and eligibility rules.
2 min read
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NAIA international passenger traffic nears 20 million as on-time performance improves
NAIA handled 19.93 million international passengers through October 22, 2026, as international traffic grew 2.6% and the airport’s on-time performance improved.
3 min read
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UnionBank to absorb UnionDigital, UBX as customer base exceeds 19.5 million
UnionBank plans to integrate UnionDigital Bank and fintech arm UBX into its parent operations, subject to regulatory approval, as its retail customer base exceeds 19.5 million.
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SSS investment portfolio hits ₱1.3 trillion as agency enters overseas markets
SSS reported a ₱1.3-trillion investment portfolio in the third quarter of 2026 and began investing in US Treasuries as it plans to expand its offshore allocation.
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BPI names Ginbee Go as next president and CEO, taking over in April 2027
BPI has named longtime executive Ginbee Go as its next president and CEO, succeeding TG Limcaoco on April 26, 2027, subject to regulatory approvals.
2 min read