Tag: ACEN Corp.

Philippine stocks and the peso face another testing week as investors weigh the third-quarter economic growth figures against stubborn inflation, with both developments likely to reinforce expectations of another interest rate hike before year-end.

For a country where instant noodles are practically a household staple, selling more of them should be a relatively straightforward business. But the recipe for growth is getting more complicated for Monde Nissin Corp.

The Department of Tourism (DOT) is pushing for the return of turboprop flights to Ninoy Aquino International Airport (NAIA) and the waiver of airport fees, arguing that high transportation costs are making domestic travel increasingly expensive and undermining tourism growth.

The Energy Regulatory Commission (ERC) has formally approved the implementing rules governing the Department of Energy’s Mid-Merit Natural Gas Capacity Auction Program, while also opening for public consultation a new secondary price cap designed to rein in excessive costs in the country’s reserve and ancillary services market.