Power plant outages trigger new red alert over Visayas grid

Inquirer.net - Oct 27, 2026

MANILA, Philippines — Power interruptions may hound Visayas consumers on Tuesday as the grid continues to suffer from insufficient electricity supply.  In an advisory, the National Grid Corporation of the Philippines said the red alert would be in effect from 5 p.m. to 7 p.m. READ: Higher electricity demand seen in 2027 A yellow alert would

Read full article

More News

ByteDance’s Zhang Yiming tops China rich list with US$99.7 billion as AI fuels fortunes

Oct 27, 2026

ByteDance’s Zhang Yiming tops China rich list with US$99.7 billion as AI fuels fortunes

ByteDance founder Zhang Yiming has reclaimed the title of China’s richest person with a nearly US$100 billion fortune, as artificial intelligence powers a surge in wealth among China’s top entrepreneurs, according to the Hurun Research Institute. The 43-year-old Zhang, who topped the ranking in 2024, saw his wealth rise 43 per cent to US$99.7 billion – a record for China’s richest individual – as TikTok owner ByteDance aggressively expanded into AI, according to the 28th edition of the Hurun...

World to add less clean energy capacity this year, renewables agency chief says

Oct 27, 2026

World to add less clean energy capacity this year, renewables agency chief says

The world will add less clean energy capacity in 2026 for the first time in five years due to inadequate transmission networks and trade barriers, the International Renewable Energy Agency said.

Marcos raises corn import quota to 500,000 MT amid farmer concerns

Oct 27, 2026

Marcos raises corn import quota to 500,000 MT amid farmer concerns

President Ferdinand “Bongbong” Marcos Jr. has increased the country"s corn import quota under the minimum access volume (MAV) scheme to 500,000 metric tons (MT) from 220,000 MT, a move the government says will help address a projected supply shortfall but which has drawn concerns over its potential impact on local farmers.

Anthropic’s S-1 filing sparks global AI rebound, sending Asian tech stocks soaring

Oct 27, 2026

Anthropic’s S-1 filing sparks global AI rebound, sending Asian tech stocks soaring

TOKYO / SEOUL — The global artificial intelligence sector received a powerful wave of momentum following a blockbuster S-1 registration filing by AI pioneer Anthropic for its upcoming initial public offering (planned ticker NASDAQ:ANT). The landmark filing has successfully quelled lingering public market anxieties over the near-term commercial viability of AI infrastructure, triggering a region-wide […]

Rental income prospects boost grade A office market in Hong Kong’s core districts

Oct 27, 2026

Rental income prospects boost grade A office market in Hong Kong’s core districts

The relatively swift recovery of Hong Kong’s grade A office market has spurred some owners of properties in prime locations to accelerate the listing of their assets, analysts said. Stanley Poon Chi-ming, managing director at Centaline Commercial, said the number of grade A office properties for sale in core districts had increased, with the prospect of stable rental income from well-established finance, securities and banking players appealing to some buyers. “Grade A offices have become the...

Peso dives to 33rd record low of P64.17:$1

Oct 27, 2026

Peso dives to 33rd record low of P64.17:$1

The Philippine peso sank further on Tuesday, past the 64-to-a dollar level and closing to its 33rd historic low this year.

Maynilad reduces reliance on Angat Dam amid El Niño

Oct 27, 2026

Maynilad reduces reliance on Angat Dam amid El Niño

Maynilad is reducing its reliance on the Angat Dam to ensure continued water services amid the El Niño phenomenon, the West Zone water concessionaire said Tuesday.

PSEi rallies on bargain hunting

Oct 27, 2026

PSEi rallies on bargain hunting

Philippine shares rallied on Tuesday as the benchmark index was lifted by bargain hunting, hitting past the 5,700 mark.

AFC SME offering P5M for home construction

Oct 27, 2026

AFC SME offering P5M for home construction

AFC SME Finance Inc., a subsidiary of Asialink Finance Corp., said Tuesday it is offering loans of up to P5 million for home construction.

‘Depth and breadth’, strong liquidity anchor China stock outlook: JPMAM

Oct 27, 2026

‘Depth and breadth’, strong liquidity anchor China stock outlook: JPMAM

Chinese and Hong Kong stocks have lagged an artificial intelligence-driven rally across Asia, but J.P. Morgan Asset Management remained “structurally very positive” on both markets, according to a senior executive at the firm. Chinese markets offered “a lot of depth and breadth” and ample liquidity despite widespread headwinds, Ayaz Ebrahim, the firm’s CEO for Singapore, Southeast Asia and India, told the South China Morning Post in an interview on Monday. “Markets that work have a strong...

Approved investment pledges hit P900B in Jan.-Sept. 2026 --BOI

Oct 27, 2026

Approved investment pledges hit P900B in Jan.-Sept. 2026 --BOI

The Board of Investments (BOI) on Tuesday said investment pledges it approved in the January to September 2026 period have already hit P900.06 billion, nearing its full-year target of P1 trillion.

MPTC expects expressway traffic to rise 12% on peak Undas days

Oct 27, 2026

MPTC expects expressway traffic to rise 12% on peak Undas days

Traffic on expressways operated by Metro Pacific Tollways Corp. (MPTC) is expected to increase by about 12% on peak travel days ahead of Undas, with the company preparing additional personnel and traffic management measures from Oct. 29 to Nov. 3.

Recommended