The Philippine peso fell to a record intraday low of ?63.15 per US dollar on October 15, amid oil price concerns, US inflation, and domestic economic pressures. Read more »
A magnitude 8.3 earthquake along the Manila Trench could generate a tsunami with waves reaching up to 5.5 meters, the Philippine Institute of Volcanology and Seismology (Phivolcs) warned on Tuesday, October 13. Read more »
German shipping giant Hapag-Lloyd has suspended new cargo bookings to Manila, Batangas, and Subic Bay until December 31, 2026, citing persistent port congestion and limited capacity for storing and returning empty containers. Read more »
Long before telescopes could explain an eclipse, people across the Philippines believed a terrifying creature was devouring the moon. In the Visayas, that creature was known as the bakunawa, a giant serpent said to rise from the depths and swallow the glowing orb whole. Read more »
Prime Infrastructure Capital Inc., the infrastructure company led by billionaire Enrique Razon Jr., expects to double its revenue and earnings over the short to medium term, driven by acquisitions, existing businesses, and new power projects. Read more »
Donatela Resort & Sanctuary, an upscale property in Panglao, Bohol, owned by Davao businessman Dennis Uy’s PH Resorts Group Holdings Inc., permanently ceased operations on September 30, 2026. Read more »
