Marinduque governor urged to fast-track $100M Marcopper settlement

Inquirer.net - Nov 10, 2026

CALAPAN CITY, Oriental Mindoro — An environmental group has urged Marinduque Gov. Melecio Go to help facilitate the implementation of a $100-million (about P6.4 billion) settlement for the rehabilitation of areas affected by the 1996 Marcopper mining disaster. The Marinduque Council for Environmental Concerns (MACEC) on Nov. 9 urged Go to convene the Provincial Rehabilitation

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Accountability, aid for Leyte fishers urged after submarine cable oil leak

Nov 10, 2026

TACLOBAN CITY, LEYTE, Philippines — The Green Party of the Philippines Leyte chapter urged the National Grid Corp. of the Philippines (NGCP) to address the effects of the mineral oil leak off Tabango town, Leyte, and provide compensation to affected fishing communities. The group said NGCP should take responsibility for the environmental damage and possible

PH economy continues to lose steam, further slowed in Q3 to 2.1%

Nov 10, 2026

MANILA, Philippines — Philippine economic growth decelerated for the fifth straight quarter to 2.1 percent at the end of September amid persistently weak household spending and investment. The latest print was slower than the revised 2.4 percent logged in the previous quarter and the 4-percent recorded in the same period last year, according to the Philippine

High prices chip away at trust in PH firms

Nov 10, 2026

MANILA, Philippines — Soaring prices, unclear fees and hidden charges are among Filipinos’ main reasons for distrusting businesses, a new study showed, which also found that public confidence in the Philippine private sector remains intact but “on probation.” In the 2026 Philippine Trust Study, communications firm EON Group and Ateneo de Manila University found that 19.7

PSEi drops to 5,600 level on weak Q3 growth

Nov 10, 2026

MANILA, Philippines — The local bourse welcomed the trading week in the red as the Philippine economy weakened further in the third quarter. The Philippine Stock Exchange Index (PSEi) dropped by 1.46 percent, or 84.03 points, to finish at 5,677.92. READ: Philippine economic growth slips to 2.1% in Q3 The broader All Shares also declined by

Heavy rains, high inflation pull down Wilcon profit

Nov 10, 2026

MANILA, Philippines — Wilcon Depot Inc., a listed home improvement retailer, saw a weaker bottom line in the first nine months, as heavy rains and high inflation dampened its operations last quarter. The company said its net income as of September had declined by 6 percent year-on-year to P1.752 billion from P1.866 billion. READ: Stronger

SM Prime 9-month income slips 5%

Nov 10, 2026

MANILA, Philippines — SM Prime Holdings Inc. is not slowing down on its investments for next year, with capital expenditures seen reaching up to P100 billion, despite macroeconomic challenges that weakened its net income in the first three quarters. At a media briefing on Monday, SM Prime president Jeffrey Lim said the company remained confident

DA bans pork imports for 2 months to shield hog raisers

Nov 10, 2026

MANILA, Philippines — The Department of Agriculture (DA) imposed a two-month import ban over the weekend, likely extending it, to provide local raisers with a fair chance amid depressed farm-gate prices. Under Department Order No. 33, the department enforced a 60-day import restriction on the following pork products: fresh and frozen pork cuts, carcasses, and

Converge keeps growth outlook despite headwinds

Nov 10, 2026

MANILA, Philippines — Converge ICT Solutions Inc. still expects its revenues to grow this year despite soaring inflation and other economic headwinds slowing subscriber growth, particularly among lower-income households. As of the third quarter, the Dennis Uy-led fiber provider’s subscriber base had grown to just 3.1 million from 3.09 million at the start of the

Aurora ecozone seeks US funding for projects

Nov 10, 2026

MANILA, Philippines — The Aurora Pacific Economic Zone and Freeport Authority (Apeco) is taking its first step toward securing US government funding for its planned infrastructure projects, including an airport, seaport, and facilities for defense-related industries. Planate Management Group, a Virginia-based engineering and infrastructure consulting firm, will help Apeco identify projects it can submit to

Legazpi City declared insurgency-free

Nov 10, 2026

LEGAZPI CITY, ALBAY, Philippines — The Philippine Army has declared Legazpi City under Stable Internal Peace and Security (SIPS) status after recording no armed encounters or insurgent activities in the city over the past 12 months. The declaration was made on Monday, Nov. 9 during a ceremony at the Legazpi City Convention Expo Hall A,

Bataan drug buy-bust operation uncovers alleged drug den; 7 arrested

Nov 10, 2026

MARIVELES, BATAAN, Philippines — A police buy-bust operation that was supposed to target a suspected drug peddler led to the discovery of an alleged drug den inside a residential house along De Guzman Boulevard in Barangay Poblacion on Monday afternoon, Nov. 9. Seven people, whose ages ranged from their mid-20s to 30s, were arrested, according

Glaciers lost five Olympic pools' worth of ice a second in 2025 - UN agency

Nov 10, 2026

A run of exceptionally high global temperatures, melting ice and rising sea levels continues in 2026, WMO says.

Marinduque governor urged to fast-track $100M Marcopper settlement

More News

Accountability, aid for Leyte fishers urged after submarine cable oil leak

PH economy continues to lose steam, further slowed in Q3 to 2.1%

High prices chip away at trust in PH firms

PSEi drops to 5,600 level on weak Q3 growth

Heavy rains, high inflation pull down Wilcon profit

SM Prime 9-month income slips 5%

DA bans pork imports for 2 months to shield hog raisers

Converge keeps growth outlook despite headwinds

Aurora ecozone seeks US funding for projects

Legazpi City declared insurgency-free

Bataan drug buy-bust operation uncovers alleged drug den; 7 arrested

Glaciers lost five Olympic pools' worth of ice a second in 2025 - UN agency

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