Tag: Human Settlements

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COA orders review of developers’ housing dues

The Commission on Audit (COA) has ordered a sweeping review of developers’ compliance with the government’s balanced housing mandate, flagging possible underpayments tied to how the Department of Human Settlements and Urban Development (DHSUD) computed obligations.

Pag-IBIG relief aids repatriated OFWs amid crisis

The Pag-IBIG Fund has approved a special relief package for repatriated overseas Filipino workers (OFWs), allowing qualified members to withdraw savings early and secure a temporary pause on housing loan payments as they rebuild their lives back home.

4PH housing drive reaches thousands, set to accelerate

The Department of Human Settlements and Urban Development (DHSUD) reported that its Expanded Pambansang Pabahay para sa Pilipino (4PH) Program delivered housing assistance to thousands of beneficiaries in the first quarter of 2026, as the agency prepares to speed up implementation nationwide.

Housing compliance deadline extended until November

The Department of Human Settlements and Urban Development (DHSUD) has granted private developers more time to meet their socialized housing obligations, extending the compliance deadline to Nov. 30, 2026, as global economic pressures ripple into the Philippine property sector.

UPLB housing breaks 45-year ground drought

After more than four decades, housing construction has returned to the campus of the University of the Philippines Los Baños (UPLB), a development that signals how universities are becoming key partners in the Philippine government’s expanding affordable housing agenda.

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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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