6 firms in ‘onion cartel’ face P1.76-B fines, raps

Inquirer.net - Oct 16, 2026

MANILA, Philippines —After years of investigation, the Philippine Competition Commission (PCC) has imposed a record P1.76 billion in fines on six businesses and their officers for operating an onion cartel that was uncovered after onion prices surged to as much as P800 per kilogram in late 2022. At a press conference on Thursday, the antitrust

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DA seeks tollway help for farmers, consumers

Oct 16, 2026

DA seeks tollway help for farmers, consumers

MANILA, Philippines — The Department of Agriculture (DA) is seeking more support from tollway operators for an initiative to ease the impact of rising fuel costs on the farm sector and Filipino consumers. The agency refers to the rebate program for trucks transporting agricultural products, under which qualified beneficiaries can receive toll discounts. READ: Toll fees

Marcos to summon Chinese envoy over 'use of force' remark

Oct 16, 2026

Marcos to summon Chinese envoy over 'use of force' remark

President Ferdinand “Bongbong” Marcos Jr. on Friday confirmed he will summon Chinese Ambassador Jing Quan after the latter"s remarks conveyed a “thinly veiled threat” of using force.

N Sembilan rebel chieftains interpret Malay rulers' call as triumph over Tuanku Muhriz

Oct 16, 2026

N Sembilan rebel chieftains interpret Malay rulers' call as triumph over Tuanku Muhriz

'In the state administration, the authoritative figure is the menteri besar and state exco chaired by him.'

Pageantry matters for US-China summits, even with modest results

Oct 16, 2026

Pageantry matters for US-China summits, even with modest results

The most consequential outcome of President Xi Jinping’s Washington visit might be his US counterpart Donald Trump’s unusually lavish welcome. It told Beijing, US allies and global markets that, however fierce the strategic rivalry, China’s importance makes sustained diplomatic engagement essential. The airport greeting, lavish banquet at the White House and flyover by military aircraft restored the appearance of a workable relationship between two powers. Even so, Beijing has learned not to...

Singapore executive MBA leaps into world's top 10 as alumni report average pay above $500,000

Oct 16, 2026

Singapore executive MBA leaps into world's top 10 as alumni report average pay above $500,000

The National University of Singapore's executive MBA rose 14 places to ninth in the Financial Times' Executive MBA Ranking 2026, making the top 10 for the first time.

UAE arrests three Koreans in $2.3B gambling case tied to former Premier League shirt sponsor

Oct 16, 2026

UAE arrests three Koreans in $2.3B gambling case tied to former Premier League shirt sponsor

Three South Korean suspects linked to illegal gambling websites that handled a combined 3.1 trillion won (US$2.3 billion) in bets have been arrested in the United Arab Emirates.

Up to P4.20/liter gasoline rollback, P0.40/liter diesel hike seen next week

Oct 16, 2026

Up to P4.20/liter gasoline rollback, P0.40/liter diesel hike seen next week

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Shooter kills 4 at Oregon elementary school and is shot dead by citizen

Oct 16, 2026

Shooter kills 4 at Oregon elementary school and is shot dead by citizen

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Hong Kong’s IPO fraud clampdown sends shock waves across financial sector

Oct 16, 2026

Hong Kong’s IPO fraud clampdown sends shock waves across financial sector

Hong Kong regulators’ tough action to crack down on fraudulent activity in the initial public offering market is sending ripples across the city’s financial industry, with insiders predicting short-term turbulence as some listings are scaled back or even cancelled. Financial intermediaries and IPO sponsors in particular find themselves in a “difficult position”, as they are now expected to conduct deeper due diligence to ensure deals are free from distortions, sources told the South China...

Australia hands Ming dynasty Buddha back to China amid ongoing mystery over its arrival

Oct 16, 2026

Australia hands Ming dynasty Buddha back to China amid ongoing mystery over its arrival

A 500-year-old Buddha statue that was found buried by a roadside in Australia has been returned to China, leaving an ongoing mystery about how it arrived in the country. The 15cm (six-inch) bronze figurine was formally handed over to Chinese consular representatives during a ceremony in the coastal town of Denham in Shark Bay on Tuesday, the public broadcaster ABC reported. It will be taken to China for further evaluation to establish its history before being displayed at a museum in...

Shape of Pope Leo’s papacy more uncertain after cancer diagnosis

Oct 16, 2026

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Ex-Northern Samar solon Raul Daza passes away, family confirms

Oct 16, 2026

Ex-Northern Samar solon Raul Daza passes away, family confirms

MANILA, Philippines — Former Northern Samar first district Rep. Raul Daza has passed away at the age of 91, his family confirmed on Thursday. In a statement, Daza’s family said that the former lawmaker, who served the House of Representatives for seven terms between 1969 and 2019, peacefully passed away after more than five decades

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