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Palay, corn output expected to surge Q2—PSA estimate

Palay and corn production are poised for significant growth in the second quarter of 2025, latest estimates by the Philippine Statistics Authority showed.

Rice stocks rise amid NFA palay procurement gains

National rice stocks at the start of May were estimated at 2.37 million metric tons, marking a 14 percent increase compared to the same period last year. This growth was primarily driven by the aggressive palay procurement efforts of the National Food Authority (NFA).

Rice stocks up, corn inventories down in March

The country's rice stocks inventory was estimated at 1.61 million metric tons at the start of March, an 18 percent increase from the 1.37 million metric tons recorded in the same period last year.

Palay production likely up Q1, corn output may slide—PSA

Palay production in the first quarter of 2025 is expected to reach 4.72 million metric tons, with higher yields offsetting a decrease in rice planting area, according to the latest estimate of the Philippine Statistics Authority (PSA). 

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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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