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Airfares set to climb; fuel surcharge hits 5-month high

PHILIPPINE travelers will exit the lean travel season facing steeper airfares, as fuel surcharges — which airlines collect to offset volatility in jet fuel...
The Philippine peso closed at 57 against the US dollar – a critical ceiling for the Bangko Sentral ng Pilipinas. PHOTO COURTESY OF ABS-CBN NEWS

UOB: Peso may weaken to 66 as dollar strength weighs

THE PHILIPPINE peso could weaken to 66 per dollar next year as the currency remains vulnerable to a strengthening US dollar amid the economy’s...
Mitsubishi Motors Philippines Corp.’s August 2026 sales reached 3,570 units. MITSUBIHI MOTOS PHILIPPINES PHOTO

PH automotive sales down in August, but EV share rises

OVERALL vehicle sales declined in August this year due to adverse weather conditions, but the share of electric vehicles (EV) increased, a joint report...
From left: Missy Baldemor, Head of Palawan for Business, and Lisa Castro-Sabado, Chief Business Development Officer, both of the Palawan Group of Companies, with Don Vacal, President and CEO, and Majorie F. Labindao, Chief Technology and Information Officer, both of AltPayNet, after formalizing a partnership to strengthen international remittance services.

Palawan Group Teams Up with AltPayNet to Expand Global Financial Solutions for OFWs

Overseas remittances continue to play a vital role in supporting millions of Filipino families, helping cover everyday expenses, education, healthcare, housing, and other essential...
A worker prepares a liquefied petroleum gas tank for delivery at a store in Paco, Manila, on Sept. 24, 2026. President Ferdinand R. Marcos Jr. earlier approved the renewed suspension of excise tax on kerosene and liquefied petroleum gas to ease the impact of rising oil prices. PNA PHOTO BY YANCY LIM

BIR implements LPG, kerosene excise tax suspension anew

THE BUREAU of Internal Revenue (BIR) issued Revenue Memorandum Circular No. 100 on Monday, Sept. 28, implementing the renewed suspension of excise taxes on...
Photo courtesy of AAnimas/PN

Diesel prices to drop P7 per liter — DOE

MOTORISTS will enjoy a reprieve after three straight weeks of price increases, as expensive fuel products will decline by up to P7.57 per liter...

Suzuki Auto Oton Opens, Bringing Suzuki Mobility and Service Closer to Southern Iloilo

OTON, ILOILO — Suzuki Philippines officially welcomes the opening of Suzuki Auto Oton, bringing Suzuki vehicles and after-sales services closer to customers in Oton...
Trucks transporting containers with imported items are prepared to leave a port in Manila. FILE PHOTO / REUTERS/ERIK DE CASTRO

Port upgrades eyed ahead of potential PH-EU trade boom

PHILIPPINE ports will need to ramp up capacity and improve efficiency to handle an anticipated increase in cargo once the country’s landmark free trade...
Pres. Ferdinand “Bongbong” Marcos Jr. (center) visits a steel processing center in Biñan City, Laguna on September 26 to inspect the Department of Science and Technology’s assistance to the company in adopting Industry 4.0 technologies through the Small Enterprise Technology Upgrading Program. PRESIDENTIAL COMMUNCATIONS OFFICE PHOTO

Marcos: Stronger supply chain key to boosting local manufacturing

PRESIDENT Ferdinand “Bongbong” Marcos Jr. said that the government is collaborating with the private sector to develop state-of-the-art manufacturing capabilities that can compete internationally. Marcos...
Condominium prices in the fourth quarter of 2025 rose at a faster pace of 3.5 percent from 1.4 percent during the third quarter. PHOTO COURTESY OF COLLIERS

Property prices record slowest growth in 7 years

RESIDENTIAL property price growth in the Philippines slowed to just 0.4 percent in the second quarter of 2026, marking the weakest expansion since the...