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BSP projects higher August inflation; forecast range 4.8%-5.6%

The Bangko Sentral ng Pilipinas on Thursday projected higher inflation in August, noting increases in the price of rice and other agricultural products as well as fuel, higher transport cost, and the weaker peso during the month.

ACEN plans to raise P25 billion preferred shares offer

ACEN Corp. said Tuesday its board approved a plan to raise as much as P25 billion from the sale of preferred shares.

Bautista completing new set of rail projects for possible JICA support

The Department of Transportation (DOTr) on Tuesday bared discussions with the  government of Japan for new railway infrastructure projects.

Jesuits helping DENR craft climate information system

The Department of Environment and Natural Resources (DENR), with the help of Jesuit-run Manila Observatory (MO), are crafting a climate change information system to help government manage risks linked to changing and variable climate.
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Torre Lorenzo tags itself a boutique developer

Torre Lorenzo Development Corp., a builder of condominium projects proximate schools and busy establishments, wants to be known as a boutique developer that is everywhere. 

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DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

Jollibee sees steady growth despite price hikes and rising costs

Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.

ManageEngine upgrades Log360 with AI-driven security automation

ManageEngine, the enterprise IT management division of Zoho Corporation, has announced a major upgrade to its Log360 security platform, adding built-in security orchestration, automation, and response (SOAR) capabilities aimed at helping companies respond faster to cyber threats.

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