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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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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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