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US firms eye Philippine growth

The Philippine Trade and Investment Center in New York has launched the 2026 US Business Mission to the Philippines, pitching July’s inbound trip as a prime entry point for American companies chasing Southeast Asia expansion.

SM Prime balances debt, expansion funding

SM Prime Holdings Inc., the listed property flagship of the Sy Group, is lining up a balanced funding strategy for 2026, zeroing in on refinancing maturing obligations while bankrolling its flagship Bay City Reclamation Project.

Direct flights from India set to double Indian tourist arrivals this year, DOT confirms

Direct flights from India to the Philippines, offered by carriers such as Philippine Airlines, are expected to double the number of Indian visitors to 200,000 this year, the Department of Tourism (DOT) announced on Tuesday.

Figaro Group brews strong Q4 gains

Figaro Coffee Group Inc. ended 2025 with solid fourth quarter results, delivering double digit growth in earnings as store expansion and a favorable product mix offset weaker same store sales.

Meralco eyes Semirara coal mining rights as DOE prepares auction

The Manila Electric Co. (Meralco) is considering joining the Department of Energy’s (DOE) planned auction for the rights to operate the Semirara Island coal resource in Antique.

Just in

Central banks must adopt for AI era— BSP chief

Central banks around the world must prepare to seize both the opportunities and navigate the challenges brought by artificial intelligence while upholding their key missions of keeping prices steady and financial systems secure.

STI Holdings’ assets climb 10% to P18.7B

STI Education Systems Holdings Inc. (STI Holdings) grew its consolidated assets by 10 percent to P18.69 billion in the financial year ended June 2026, as strong tertiary enrollment and continued investments in campus infrastructure and education technology supported its financial performance.

Monde Nissin trims capex, targets premium noodle market growth

Monde Nissin Corp. has reduced its 2026 capital expenditure budget to P5.4 billion from about P6.5 billion, prioritizing a new biscuit manufacturing plant in Northern Luzon as it navigates softer noodle volumes and intensifying competition from premium imports.

ERC issues show cause orders against power firms over excessive unplanned outages

The Energy Regulatory Commission (ERC) has stepped up its drive to keep electricity supply steady, issuing 24 show cause orders to 13 power generation companies whose facilities repeatedly went offline beyond allowed limits. Released on October 14, 2026, these orders require the firms to submit verified explanations on why their units exceeded the allowable equivalent unplanned outage limits set under existing reliability rules.
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