Philippine business and economy: markets, companies, trade, jobs, and investment.
We spend 20-plus hours a week watching online videos, yet box-office sales are still less than half of what they were in 2019. We looked at the data to find out whether young Filipinos really left the cinema, or just changed how they watch.
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Last week, the Department of Transportation ordered a study of special buses that would follow the LRT-2 route from Antipolo to Recto, as only eight of the line's 10 trains are running. On October 12, the LTFRB said the routes could work like the EDSA Busway, but no start date has been set.
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A report released last week estimates Filipino adults lost about P121.8 billion to scams over the past year, with 84% encountering at least one attempt. Scammers are now far more likely to ask for money through e-wallets, while very few victims report to authorities.
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Last week, Filipino-British singer-songwriter beabadoobee announced The Powerlines Tour will hit the SM Mall of Asia Arena on April 13, 2027, her first arena show in the Philippines. The artist presale is happening now, with the general sale on October 15.
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