Soaring fuel costs leave PAL with $159-M loss

Inquirer.net - Nov 5, 2026

MANILA, Philippines — Philippine Airlines (PAL) remained in the red in the first nine months of 2026, as skyrocketing fuel costs due to the Middle East conflict wiped out its modest revenue gains despite efforts to rein in expenses. Based on its latest financial report, the Lucio Tan-led flag carrier swung to a $159-million net loss

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PH seen missing 2032 nuclear power target 

Nov 5, 2026

PH seen missing 2032 nuclear power target 

MANILA, Philippines — The Philippines is setting the stage for local nuclear development, but the government may miss its 2032 target to generate the first kilowatt from the technology, an official of the Nuclear Energy Agency (NEA) said. Speaking to reporters, William Magwood, NEA director general, said the country was “very well-positioned” for a country

ERC grills firms over VisMin outages

Nov 5, 2026

ERC grills firms over VisMin outages

MANILA, Philippines — The Energy Regulatory Commission (ERC) has started to clamp down on generation companies (gencos), including those owned by energy giants, due to ongoing electricity supply issues across the Visayas and Mindanao caused by power plant outages. On Wednesday, the commission said it had issued 24 show cause orders (SCOs) against 13 gencos last

Cheap imports didn’t lower pork prices—Sinag

Nov 5, 2026

Cheap imports didn’t lower pork prices—Sinag

MANILA, Philippines — Amid mixed reactions to the Department of Agriculture’s (DA) proposal to restore pork tariffs, the Samahang Industriya ng Agrikultura (Sinag) said cheaper imported pork has failed to lower retail prices and has impacted the livelihoods of local hog raisers. “Instead, it has driven down farmgate prices and placed the burden of excessive imports

Chinese banks explore local e-CNY wallets for foreign firms via upgraded platform

Nov 5, 2026

Chinese banks explore local e-CNY wallets for foreign firms via upgraded platform

Beijing is expanding its central bank-backed digital currency network to offshore institutions, including Hong Kong branches, while banks are also exploring local e-CNY wallets for foreign firms to deepen cross-border integration. “We currently have 30 domestic banks as e-CNY operators. Right now we’re working to extend this capability to offshore banks,” Lu Yuan, deputy head of the People’s Bank of China’s digital currency research institute, said on a panel at Hong Kong’s Fintech Week. “We...

Diversification and flexibility key to investment in challenging times

Nov 5, 2026

Diversification and flexibility key to investment in challenging times

[The content of this article has been produced by our advertising partner.] Many indicators have highlighted Hong Kong’s growing pre-eminence as an international financial centre, including the “World Ultra Wealth Report 2026”1 – published in June by the New York-based wealth intelligence firm Altrata. It showed that, up to the end of last year, Hong Kong had an estimated 18,290 ultra-high-net-worth (UHNW) individuals with personal assets of more than US$30 million, which represented a 26.4 per...

Your Daily Hugot-Scope: HEALTH | Week November 2 to November 8

Nov 5, 2026

Your Daily Hugot-Scope: HEALTH | Week November 2 to November 8

Unahin muna ang sarili ngayong Huwebes—ayusin ang baluktot mong posture, bawiin ang kulang na tulog, at 'wag hayaang lamunin ka ng overthinking. Paalala: Ang gabay na ito ay para sa katuwaan, aliw, at konting self-reflection lamang habang kasama ang pamilya. Huwag mong seryosohin ang hampas ng tadhana at huwag magsimula ng pamilyang drama nang dahil lang sa hugot—unawa at tunay na pagmamahal pa rin ang pairalin!

Democrats take House and Senate from Republicans in US midterm rout

Nov 5, 2026

Democrats take House and Senate from Republicans in US midterm rout

Democrats will control both chambers of Congress after flipping seats in Republican strongholds.

PH holds nationwide earthquake drill for Q4 2026

Nov 5, 2026

PH holds nationwide earthquake drill for Q4 2026

The Philippines on Thursday conducted its Fourth Quarter Nationwide Simultaneous Earthquake Drill (NSED) featuring a magnitude 8.5 earthquake and tsunami scenario.

[Good Business] Sari-sari stores: Kapwa at play amid economic crises

Nov 5, 2026

[Good Business] Sari-sari stores: Kapwa at play amid economic crises

Sari-sari stores are far from a perfect model but it is a lifeboat that the country relies on amid rising oil prices and political instability

LIV Golf facing liquidation after financial backer drops plan for new league: reports

Nov 5, 2026

LIV Golf facing liquidation after financial backer drops plan for new league: reports

LIV Golf is expected to wind down operations after BC Partners ⁠Credit pulled its proposed US$300 ⁠million investment in the league, ⁠multiple media outlets reported on Wednesday. BC Partners was looking to replace Saudi Arabia’s Public Investment Fund as the primary financial backer of a circuit that has been trying to emerge from bankruptcy. It had pledged as much as US$300 million for what was called “LIV 2.0”, which was planning at least 10 tournaments, with an emphasis on teams and equity...

Bersama challenges Anwar to address DAP's demands at Malacca dinner

Nov 5, 2026

Bersama challenges Anwar to address DAP's demands at Malacca dinner

MALACCA POLLS | Lee urges PM not to just give standard campaign speech.

Why Hong Kong wealth managers want broader access to mainland China’s Nasdaq-style markets

Nov 5, 2026

Why Hong Kong wealth managers want broader access to mainland China’s Nasdaq-style markets

Most asset managers in Hong Kong expect broader access to mainland China’s two Nasdaq-style stock markets to strengthen the city’s private wealth business, an industry survey shows, as hard-tech firms continue to attract investors despite a recent pullback. The report, released by the Private Wealth Management Association (PWMA) and KPMG China, surveyed most of the association’s 44 institutional members, ranging from Agricultural Bank of China (Hong Kong) to UBS, as well as asset managers and...

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