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Bataan eyed for major gas power hub under PNOC-BESTC deal

State-run Philippine National Oil Co. (PNOC) has signed a memorandum of understanding (MOU) with local firm BERGS Energy Solutions and Technology Corp. (BESTC) to study the feasibility of a large natural gas power project in Bataan.

Fintech taps into rush hour

Metro Manila’s commute has always been a masterclass in controlled chaos. The lines move—until they don’t. The cards beep—until they won’t. And nothing tests...

San Miguel sees stronger 2026 after profit surge

San Miguel Corp. expects 2026 to outperform 2025, citing strong performance across all its business units.

Meralco, Aboitiz deepen US nuclear push

Energy heavyweights Manila Electric Co. (Meralco) and Aboitiz Power Corp. (AboitizPower) have joined senior US and Philippine officials in accelerating civilian nuclear cooperation, marking a decisive step in Manila’s bid to integrate nuclear energy into its power mix by 2032.

DHL Express PH accelerates electric pivot

DHL Express Philippines is ramping up its shift to electric mobility, deploying eight additional electric vehicles (EVs) under its fleet electrification program, with two more units slated for rollout in the first quarter.

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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