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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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Jobstreet expands free hiring tools for MSMEs

Nearly half of Filipino micro, small, and medium enterprises (MSMEs) are facing a talent crunch even as most plan to expand their workforce, prompting Jobstreet by SEEK to widen access to free digital recruitment tools for smaller businesses.

SM keeps 100-mall goal as visits lengthen

SM Supermalls remains committed to its five-year expansion plan and goal of operating 100 malls by 2030, even as construction delays, higher operating costs, and cautious consumer spending test the retail-property sector.

Inflation pushes Filipinos to rethink money moves

Elevated inflation is reshaping how Filipinos save, spend, and invest, as persistently high living costs squeeze household budgets and erode the purchasing power of money sitting idle.

Meralco advances nuclear push with SMR feasibility study, partnering global and local experts

The Manila Electric Co. (Meralco) and its power generation arm Meralco PowerGen Corp. (MGEN) are moving forward in their pursuit of nuclear energy, launching a comprehensive feasibility study for small modular reactors (SMRs) that could reshape the country’s power supply for both the industry and consumers.

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