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Disciplined billions fuel SM Prime growth in 2025; P100B capex planned for 2026

SM Prime Holdings, Inc., one of the largest integrated property developers in Southeast Asia controlled by the Sy Group, is setting aside about P100 billion in capital expenditures for 2026, matching last year’s outlay while sharpening its focus on returns after posting a 7 percent rise in 2025 profit.

Stablecoins spark Philippines trading boom

Coins.ph has roared into the new year with record-breaking numbers, posting a 327 percent surge in spot trading volume as stablecoins cement their role in the country’s fast-evolving digital finance landscape.

Prosperity rings up at sari-sari stores

Across the Philippines, neighborhood sari-sari stores are seeing a surge in sales of culturally symbolic goods as shoppers stock up on items believed to usher in good luck.

DA reopens door to Czech pork after ASF clearance

The Department of Agriculture (DA) has lifted its temporary ban on pork and swine product imports from the Czech Republic after the European nation resolved its African swine fever (ASF) cases.

Globe taps Confluent to accelerate enterprise AI shift

Globe Business has formed a strategic alliance with Confluent to help Philippine enterprises speed up artificial intelligence (AI) adoption through real-time data streaming.

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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