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Shipping firms back MARINA plan for mandatory online ticketing

Domestic shipping operators have expressed support for a proposal by the Maritime Industry Authority (MARINA) to require online ticketing for inter-island passenger ships, calling it a major step toward modernizing sea travel.

P400-M gift aims to fight college dropouts, support PHINMA scholars

Business leader Magdaleno B. Albarracin Jr., vice chairman of PHINMA Corporation, and his wife Trinidad M. Albarracin have pledged P400 million to PHINMA Foundation Inc. to help students complete their college education.

Viral AI caricature trend sparks fraud and privacy warnings

A viral social media trend encouraging users to upload personal photos and ask AI tools to create caricatures based on their life and job is raising cybersecurity concerns.

LRTA remits P276.7M to the Treasury

The Light Rail Transit Authority (LRTA) has remitted P276.70 million in interest income to the Bureau of the Treasury (BTr), following a directive from the Department of Finance (DOF).

Filinvest Land to tap bond market anew

Filinvest Land Inc. (FLI) is returning to the debt market, with its board approving the issuance of the third tranche of retail bonds under its P35-billion shelf registration program with the Securities and Exchange Commission.

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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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