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MARINA pushes fleet modernization for safer, greener, more reliable inter-island travel and cargo transport

The Maritime Industry Authority (MARINA) is making the modernization of the country’s aging domestic shipping fleet its top priority, aiming to roll out safer, cleaner and more fuel-efficient vessels to boost inter-island transport across the archipelago.

PCCI lauds BIR tax relief program

The Philippine Chamber of Commerce and Industry (PCCI) has commended BIR Commissioner Charlito Martin R. Mendoza and the bureau for the One-Time Abatement Program, calling it a practical way for micro businesses to settle old tax debts and close pending cases.

Century Properties adds P6.35B housing projects in Laguna, Batangas

Century Properties Group Inc. (CPGI) is adding 3,265 homes worth a combined P6.35 billion to its portfolio through two new developments in Laguna and Batangas, targeting workers near major industrial and employment hubs in CALABARZON.

Unilab, Ayala, Metrobank lead Philippine firms in TIME employer ranking

United Laboratories, Ayala Corp. and Metropolitan Bank & Trust Co. emerged as the highest-ranked Philippine employers in TIME’s Asia-Pacific’s Best Employers 2027 list, with all three making the regional top 50 in a ranking of 500 companies.

DA says 8 flawed FMR projects were executive budget entries

The Department of Agriculture (DA) is scrambling to correct coordinate errors in eight farm-to-market road (FMR) projects that could cost them funding, while insisting the disputed entries were part of the executive branch’s original 2027 budget proposal and not congressional insertions.

Just in

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.

AyalaLand Logistics 3Q income trims Jan-Sep net profit decline

AyalaLand Logistics Holdings Corp. (ALLHC), the industrial property and logistics unit of Ayala Land Inc., reported a 9 percent decline in nine-month net income to P73 million, as weaker industrial lot sales and softer commercial leasing offset stronger warehouse and cold storage revenues.

Quorn turnaround boosts Monde Nissin earnings, dividend payout

Monde Nissin Corp. returned its struggling Quorn meat-free protein business to operating profitability in the first nine months of 2026, helping lift group earnings and giving the food manufacturer room to raise its cash dividend.
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