Binance sees outflows stabilizing as exchange returns online after $6.3 billion heist

GMA Network - Nov 2, 2026

Binance customers pulled $3.64 billion, or 2.1% of its assets, as the world's biggest cryptocurrency exchange resumed service after a security breach linked to North Korea saw $6.3 billion stolen from the platform last week.

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PNP conducts operation vs Bantag at Ifugao poultry farm

Nov 2, 2026

The Philippine National Police (PNP) on Monday said an operation was conducted to arrest former Bureau of Corrections (BuCor) chief Gerald Bantag at a poultry farm in Barangay Pugol, Lamut, Ifugao on Sunday. However, Bantag was not found at the location during the operation.

Nearly 100 Media Mulia employees to be placed under paid leave programme

Nov 2, 2026

'Rationalisation exercise to ensure continuity, sustainability of the business.'

WTO flags high trade costs, regulatory hurdles in PH

Nov 2, 2026

GENEVA, SWITZERLAND -- The Philippines needs to address non-tariff barriers to reduce trade costs and strengthen its competitiveness in global supply chains, including the semiconductor industry, World Trade Organization (WTO) Secretariat officials said.

Malaysia Airlines becomes latest carrier hit by Amadeus booking system data breach

Nov 2, 2026

Malaysia Airlines said Sunday that some customer information may have been compromised in a cybersecurity incident involving Amadeus, a global travel technology provider based in Spain whose systems support airline reservations and passenger services.

WTO chief urges PH, ASEAN to diversify trade beyond US, China

Nov 2, 2026

GENEVA, Switzerland -- The Philippines and the Association of Southeast Asian Nations (ASEAN) should diversify their trade markets and shift away from heavy reliance on the United States for exports and China for supplies, a top official of the World Trade Organization (WTO) said.

Bicam talks on 2027 budget to be opened to CSOs -- JV Ejercito

Nov 2, 2026

Senate finance committee chairperson JV Ejercito has committed to inviting civil society organizations (CSOs) to observe the bicameral conference committee deliberations on the proposed P7.2-trillion national budget for fiscal year 2027.

Poll: October inflation seen hitting over 3-yr high of 7.6%

Nov 2, 2026

MANILA, Philippines — Consumer prices may have risen at their fastest pace in more than three years in October, driven by higher food and oil costs as well as increased transport fares, adding to pressure on the central bank to raise interest rates further. Inflation likely accelerated to 7.6 percent year-on-year last month, based on the

PH firms stay gloomy on inflation, peso woes

Nov 2, 2026

MANILA, Philippines — Business sentiment improved slightly in September, though companies remained pessimistic as stubbornly high inflation, a weakening peso and geopolitical tensions continued to weigh on confidence, the Bangko Sentral ng Pilipinas (BSP) said. A nationwide survey of 515 companies showed the business confidence index rose to -8.4 percent from -10.9 percent in August.

‘Squeezed’ manufacturers put expansion plans on hold, says FPI

Nov 2, 2026

MANILA, Philippines — Philippine manufacturers are left with no choice but to put expansion plans on hold as they face a delicate balancing act between raising prices to offset mounting costs and preserving consumer demand, according to the country’s umbrella group of producers. Federation of Philippine Industries (FPI) chair Elizabeth Lee said manufacturers were grappling with

Ayala turnaround gains traction

Nov 2, 2026

MANILA, Philippines — Ayala Corp.’s efforts to cut losses and tighten capital spending are gaining traction, with improving results from its newer businesses strengthening its turnaround prospects, according to conglomerate analyst Klark Gaba. In a research note, Gaba said changes under president and CEO Cezar “Bong” Consing had eliminated P3 billion in recurring portfolio losses through

Japanese business chamber questions DOE-DENR asset-surrender rule

Nov 2, 2026

MANILA, Philippines — Japanese businesses have raised concerns over a controversial asset-surrender provision introduced ahead of the planned coal mine site bidding, warning that the rule may spoil investor confidence in the Philippine market. In a position paper dated Oct. 30 submitted to the Department of Energy (DOE), Japanese Chamber of Commerce and Industry of the

Peso, oil risks seen keeping stock investors cautious

Nov 2, 2026

MANILA, Philippines — Philippine stocks may face cautious trading this week as peso weakness, elevated oil prices and the prospect of further interest rate increases weigh on investor sentiment, according to F. Yap Securities Inc. In its outlook for Nov. 2 to Nov. 6, the brokerage said investors would also scrutinize corporate earnings guidance for

Binance sees outflows stabilizing as exchange returns online after $6.3 billion heist

More News

PNP conducts operation vs Bantag at Ifugao poultry farm

Nearly 100 Media Mulia employees to be placed under paid leave programme

WTO flags high trade costs, regulatory hurdles in PH

Malaysia Airlines becomes latest carrier hit by Amadeus booking system data breach

WTO chief urges PH, ASEAN to diversify trade beyond US, China

Bicam talks on 2027 budget to be opened to CSOs -- JV Ejercito

Poll: October inflation seen hitting over 3-yr high of 7.6%

PH firms stay gloomy on inflation, peso woes

‘Squeezed’ manufacturers put expansion plans on hold, says FPI

Ayala turnaround gains traction

Japanese business chamber questions DOE-DENR asset-surrender rule

Peso, oil risks seen keeping stock investors cautious

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