PH banks’ bad loans ratio eases to 9-mo low

Inquirer.net - Oct 30, 2026

MANILA, Philippines — The share of bad loans on Philippine banks’ books declined to a nine-month low in September, as both lenders and borrowers stayed resilient amid a difficult economic landscape Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed nonperforming loans (NPLs), or debts that remain unpaid 90 days past the due date and

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As Anthropic eyes a mega-IPO, why are Chinese tech valuations so far behind?

Oct 29, 2026

As Anthropic eyes a mega-IPO, why are Chinese tech valuations so far behind?

The artificial intelligence boom in the United States is set to raise corporate valuations even higher as Anthropic prepares for a public listing, reinforcing the dominance of American companies among the world’s most valuable firms and widening the gap with Chinese firms. Anthropic, valued at US$965 billion in its most recent funding round, is targeting an IPO valuation of US$1.5 trillion to US$2 trillion. Achieving that target would easily secure it a spot among the world’s 20 largest publicly...

Bersatu to clash with Harapan in Malacca despite CSA, four-way contest in Ayer Keroh

Oct 29, 2026

Bersatu to clash with Harapan in Malacca despite CSA, four-way contest in Ayer Keroh

PN also fields candidates against Bersatu as tensions persist.

Weak infra spending to keep cement demand flat

Oct 29, 2026

Weak infra spending to keep cement demand flat

MANILA, Philippines — An umbrella group of cement manufacturers in the Philippines expects cement demand to finish the year flat, as construction activity across public and private projects remains sluggish. Reinier Dizon, president of the Cement Manufacturers Association of the Philippines (Cemap), said cement demand from January to September was down 2 to 3 percent from

Ex-Cebu City mayor challenges Ombudsman ruling over cockfighting events

Oct 29, 2026

Ex-Cebu City mayor challenges Ombudsman ruling over cockfighting events

TAGBILARAN CITY, Bohol — Former Cebu City Mayor Raymond Alvin Garcia has filed a motion for reconsideration challenging an Ombudsman ruling that found him administratively liable for failing to object to unauthorized cockfighting events at the NUSTAR Resort and Casino Convention Center in 2024. In a statement posted on social media, Garcia said he disagreed

Prosec: P463-M in VP’s wealth unexplained even sans firm assets

Oct 29, 2026

Prosec: P463-M in VP’s wealth unexplained even sans firm assets

MANILA, Philippines —Vice President Sara Z. Duterte must still account for more than P463 million in alleged unexplained wealth even after removing amounts linked to companies associated with her and her husband, Rep. Zia Alonto Adiong, House prosecution spokesman, said on Thursday. In a press briefing, Alonto Adiong said the prosecution’s findings remained substantial even

Peaceful inaugural session of BARMM parliament assured

Oct 29, 2026

Peaceful inaugural session of BARMM parliament assured

COTABATO CITY — Presidential Peace Adviser  Mel Senen Sarmiento on Thursday met with key security officials to finalize security preparations for the inaugural session of the Bangsamoro Parliament on Friday, Oct. 30, following the successful regional elections. To ensure the orderly transition, Sarmiento met with Brig. Gen. Edgar L. Catu, commander of the Army’s 6th Infantry Division,

Man dead in Bataan blaze

Oct 29, 2026

Man dead in Bataan blaze

PILAR, Bataan — A 29- year old man died when he failed to escape from his burning house in Barangay Wakas, at Pilar town in Bataan province on Thursday noon (Oct. 29).  Police said the victim’s 69-year-old father who is also a person with a disability was lucky enough to rush out of the burning

Church holds Mass for EJK victims ahead of Undas

Oct 29, 2026

Church holds Mass for EJK victims ahead of Undas

MANILA, Philippines—Families of victims of extrajudicial killings (EJK) gathered for a Mass ahead of Undas on Oct. 29 to honor their departed loved ones and pray for justice. The Mass was held at the Diocesan Shrine of Jesus the Divine Word–Christ the King Mission Seminary and led by Fr. Flaviano “Flavie” Villanueva, a priest who

Prosec raises possible tax evasion in VP Duterte’s income gap

Oct 29, 2026

Prosec raises possible tax evasion in VP Duterte’s income gap

MANILA, Philippines — v citing an alleged P111.85-million gap between her declared income and bank deposits examined during her Senate impeachment trial. In a press briefing, Alonto Adiong said the discrepancy raised questions not only about Duterte’s alleged unexplained wealth but also about whether she had properly declared her income and paid the correct taxes. He

Undas: Bus driver tests positive in ‘Oplan Harabas’ in South Cotabato

Oct 29, 2026

Undas: Bus driver tests positive in ‘Oplan Harabas’ in South Cotabato

KORONADAL CITY — A bus driver tested positive in an initial drug screening of 200 transport workers at three terminals in Koronadal City and General Santos City ahead of Undas, the Philippine Drug Enforcement Agency in Region 12 (PDEA-12) said. Asnawi Salik, PDEA-12 Assistant regional director, said the annual Oplan Harabas aims to ensure that

Chinese scientists dissatisfied with jobs but optimistic about future, survey says

Oct 29, 2026

Chinese scientists dissatisfied with jobs but optimistic about future, survey says

Chinese scientists are less satisfied with their jobs than researchers in any other major country, according to a survey that also found they are more optimistic about their careers than their counterparts in the United States and Britain. Only 51 per cent of the 157 respondents from China said they were satisfied with their jobs, according to the survey published this month in the British scientific journal Nature, down 24 per cent from 2018. The survey drew 3,882 respondents from 133...

Adiong: VP Duterte’s best defense would’ve been to state wealth in SALN

Oct 29, 2026

Adiong: VP Duterte’s best defense would’ve been to state wealth in SALN

MANILA, Philippines — The best defense that Vice President Sara Duterte could have come up for the unexplained wealth allegations against her was to declare all assets and business interests in her Statement of Assets, Liabilities, and Net Worth (SALN), Lanao del Sur Rep. Zia Alonto Adiong claimed on Thursday. In a press briefing at the

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