Sunday, 12 October 2025, 5:21 pm

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    Cebu quake exposes structural, systemic fault lines

    The recent 6.9-magnitude earthquake that struck Bogo City, Cebu on September 30, offers more than just a regional wake-up call—it delivers a national warning.

    BPI leads in digital SME banking

    The Bank of the Philippine Islands (BPI) has been recognized as the Best Small Business Banking Service at The Asian Banker Philippines Excellence in Retail Finance and Financial Technology Awards 2025.

    September inflation accelerates, still below BSP target

    Headline inflation in the Philippines quickened to 1.7 percent in September, the fastest pace since March, as rising transport, food, and restaurant costs drove up consumer prices, the Philippine Statistics Authority (PSA) reported on Tuesday.

    AMD surges in OpenAI chip deal

    Advanced Micro Devices Inc. (AMD) surged Monday, adding around USD64 billion in market value after announcing a landmark artificial intelligence infrastructure partnership with OpenAI, owner of ChatGPT.

    Bridge in Alacala, Cagayan collapses

    The Piggatan Bridge in Alcala, Cagayan collapsed on Monday, October 6, after three large trucks—two carrying heavy cargo— crossed simultaneously, sending at least seven people to hospitals with various injuries. Authorities are investigating the incident, marking it as the second bridge collapse in Region II this year, following the failure of several sections of the Cabagan-Santa Maria Bridge in February. The incident adds to growing concerns over infrastructure safety as the Department of Public Works and Highways faces criticism for substandard construction, incomplete projects, and alleged “ghost” flood-control initiatives.

    Just in

    Globe expands network in Batangas

    Globe Telecom Inc. has expanded its network infrastructure in Lipa City and several municipalities in Batangas to meet growing demand for fast and reliable connectivity.

    Fuel prices to see mixed adjustments on Tuesday

    Mixed movements in local fuel prices are expected starting Tuesday, according to Jetti Petroleum Inc., with gasoline prices projected to rise by P0.20 to P0.40 per liter, while diesel prices may either remain unchanged or drop by P0.20 per liter.

    SEC greenlights Megawide’s P3B preferred shares sale

    The Securities and Exchange Commission (SEC) has approved Megawide Construction Corp.’s proposed P3 billion preferred shares offering.

    Maynilad IPO set for launch with major investor backing

    West zone water concessionaire Maynilad Water Services Inc. is set to push through with its long-awaited initial public offering (IPO) in the coming weeks, after securing commitments from cornerstone investors who will take up over half of the offered shares.
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