Tag: El Niño

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Metro Pacific Water ramps up capex for El Niño 

Trade & Investments Context.ph Context.ph -
Metro Pacific Water (MPW) has earmarked P3.81 billion in capital expenditures for 2026 to fund key infrastructure upgrades in Iloilo City and Dumaguete City, as it moves to strengthen water supply reliability ahead of expected El Niño conditions.

Middle East tensions, El Niño cloud Philippine growth outlook

Economy Context.ph Context.ph -
Rising geopolitical tensions in the Middle East and the looming effects of El Niño are emerging as twin headwinds to Philippine growth, with remittances and inflation pressures forming a potentially volatile mix.
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iProov launches human‑approval tool to secure high‑risk AI agent moves

Communications & Technology 0
Biometric security firm iProov has rolled out a new human approval service to give businesses verifiable oversight of high‑risk actions taken by autonomous AI agents, addressing a key industry demand for stronger safeguards as organisations expand AI use.

Tanduay steps up European expansion launching 20‑year reserve at Bar Convent Berlin

Top News 0
Local spirits leader Tanduay has brought its centuries‑old rum‑making heritage and craftsmanship to Europe’s biggest beverage trade show, unveiling its new premium offering as it pushes to grow its footprint across the region.

Transcom expands footprint with seventh site in Quezon City

Corporate 0
Transcom Worldwide (Philippines) Inc. has launched its seventh local site, opening a new business‑process outsourcing center in Quezon City to further grow its Metro Manila operations.

Fifth‑Week Mixed Fuel Price Adjustments Loom: Gasoline Up, Diesel Down

Energy & Mining 0
Motorists, small businesses and households are bracing for a fifth consecutive week of split fuel price changes, with local fuel players projecting higher gasoline costs but cheaper diesel for the coming week. Leo Bellas, president of Jetti Petroleum, said Sunday that gasoline is seen rising by P2.00‑P2.20 per liter, while diesel may drop by P0.80‑P1.00 per liter. These estimated adjustments take into account the previous week’s Mean of Platts Singapore rates and average peso‑dollar exchange movements.

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