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Globe activates emergency plan to keep services running amid energy crisis

Telecommunications company Globe Telecom said it has activated its business continuity plan (BCP) following the government’s declaration of a State of National Energy Emergency, assuring customers that mobile and internet services will continue operating with minimal disruption.

News Dispatch

Agriculture

Scientists rush to protect global rice supplies 

A global alliance of scientists is stepping up efforts to save rice crops from worsening climate threats as rising heat, drought, and salinity place one of the world’s most important food staples under growing pressure.

PH launches $1B farm modernization program

The Philippines, with support from the World Bank and the United Kingdom, has launched a $1-billion agriculture transformation program aimed at modernizing farming, improving food security, and helping farmers adapt to climate change.

SRA distributes P14.5-M farm equipment to sugar farmers

The Sugar Regulatory Administration (SRA) has distributed 229 units of 4-in-1 knapsack power sprayers worth over P14.5 million to support sugarcane farmers in the Visayas.

DA: Food imports only a last resort

The Department of Agriculture (DA) assured lawmakers that food importation will only be used during serious supply shortages and is not the government’s main strategy for managing food supply.

Corporate

Moms turns side hustles into thriving businesses

Filipino mothers are increasingly becoming “mompreneurs,” turning home-based side hustles into sustainable businesses with the help of digital technology and online communities.

Security Bank, ACI win Asia-Pacific Payments Award

ACI Worldwide and Security Bank Corporation won the “Best Payment Technology Initiative in Asia Pacific” at the The Asian Banker Global Financial Technology Innovation Awards 2026 for upgrading the bank’s payment system.

EastWest renews Donny Pangilinan deal to reach young Filipinos

East West Banking Corporation has renewed actor and digital personality Donny Pangilinan as its brand ambassador for another year as the bank strengthens its push to connect with younger Filipinos through digital banking.

SMC 1Q revenue jumps 19% on strong business growth

San Miguel Corporation reported a strong first quarter for 2026, with revenues rising 19 percent to P428.3 billion, driven by solid performance across its food, power, fuel, infrastructure, and cement businesses.

Banking & Insurance

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Corporate Bulletins

Security Bank, ACI win Asia-Pacific Payments Award

ACI Worldwide and Security Bank Corporation won the “Best Payment Technology Initiative in Asia Pacific” at the The Asian Banker Global Financial Technology Innovation Awards 2026 for upgrading the bank’s payment system.

EastWest renews Donny Pangilinan deal to reach young Filipinos

East West Banking Corporation has renewed actor and digital personality Donny Pangilinan as its brand ambassador for another year as the bank strengthens its push to connect with younger Filipinos through digital banking.

PLDT Enterprise, Araneta City strengthen digital infrastructure partnership

PLDT Enterprise and Araneta City Inc. (ACI) have expanded their long-running partnership to upgrade the digital infrastructure of Araneta City, supporting the district’s growing technology and connectivity needs.

BPI pushes women’s financial literacy in Caloocan

The Bank of the Philippine Islands strengthened its financial inclusion efforts through “Basta Babae, Wais!,” a one-day financial literacy program attended by more than 300 women in Barangay 176F, Caloocan City on March 25.

Social Responsibility & Sustainability

Moms turns side hustles into thriving businesses

Filipino mothers are increasingly becoming “mompreneurs,” turning home-based side hustles into sustainable businesses with the help of digital technology and online communities.

Baguio boosts smart city push with AI partnership

Baguio City is stepping up its digital transformation efforts after partnering with PLDT and Smart to launch “AI-in-a-Box,” a program designed to help local governments use artificial intelligence to improve public services.

 SBMA launched expanded relief package for stakeholders

 The Subic Bay Metropolitan Authority (SBMA) is rolling out a new set of relief measures aimed at easing economic pressures on stakeholders in the Subic Bay Freeport Zone (SBFZ). The announcement follows a public consultation held on May 11, 2026, at the Subic Bay Exhibition and Convention Center (SBECC).

GT Capital donates prime real estate to boost Cavite education

In Philippine real estate, 15 hectares is usually enough space for condominiums, commercial strips, and the occasional traffic headache. GT Capital Holdings, Inc., however, has decided the land is better used for classrooms, libraries, and future blue eagles.

Markets

Blue chips signal medium-term PSEi opportunity 

The Philippine stock market remains cautiously constructive as investors weigh short-term macro headwinds against improving medium-term earnings visibility.

PSEi faces volatility amid foreign selling pressure

The Philippine stock market is navigating a mixed outlook as the PSEi contends with renewed foreign selling, offset partially by improving domestic investor sentiment and anticipated foreign inflows into the local bond market.

PSEi range-bound amid global risks, weak peso

The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.

Peso slides, stocks stall as caution builds

Philippine financial markets are in a consolidation phase, with the peso and equities under pressure as tighter monetary conditions and inflation concerns weigh on sentiment.

Travel

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Energy

Globe activates emergency plan to keep services running amid energy crisis

Telecommunications company Globe Telecom said it has activated its business continuity plan (BCP) following the government’s declaration of a State of National Energy Emergency, assuring customers that mobile and internet services will continue operating with minimal disruption.

PH eyes nuclear power amid rising energy crisis

The Philippines is once again facing growing energy security concerns as global oil market disruptions, driven by tensions between the United States and Iran, push fuel prices and inflation higher. The situation mirrors the 1973 and 1979 oil crises, which exposed the country’s heavy dependence on imported fuel and caused widespread economic hardship.

Alsons Power earnings up amid expanding renewable asset

Alsons Consolidated Resources Inc., the listed energy arm of the Alcantara Group, posted stronger first-quarter earnings as rising electricity demand in Mindanao and improved power trading offset mounting global economic uncertainty.

Luzon, Visayas grids stay under red and yellow alerts for second day

The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.

Transport & Communications

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Property

Profriends, ABC push ahead Westwind expansion

Property Company of Friends, Inc. (Profriends) has renewed its partnership with Archipelago Builders Corporation(ABC) to continue the development of Westwind, a residential project inside Lancaster New City. The agreement covers the construction of Westwind’s second building.

MREIT sale fuels Megaworld township expansion

MREIT Inc., a real estate investment trust, is channeling P1.26 billion into township expansion projects across Cebu, Palawan, Bacolod, and Pasig City, as sponsor Megaworld Corp. moves to recycle capital from a recent share sale into fresh property developments and debt reduction.

MREIT targets million-square-meter portfolio ahead of schedule  

Megaworld-backed MREIT is accelerating its expansion plans, with the company aiming to grow its gross leasable area (GLA) portfolio to at least one million square meters by 2027 — three years ahead of its original target.

DHSUD deploys officials to clear housing backlogs

The Department of Human Settlements and Urban Development (DHSUD) has launched a nationwide intervention to address mounting delays in housing-related transactions, deploying top officials and undersecretaries to all 17 regional offices following an internal audit that traced processing bottlenecks to the field level rather than the agency’s Central Office.

Environment

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Technology

US envoy to push PH tech corridor

US Under Secretary of State for Economic Affairs Jacob Helberg will visit the Philippines next week as Washington ramps up efforts to deepen economic security and technology ties with Manila under the newly launched Pax Silica initiative.

TP bets on AI, regions for growth 

TP in the Philippines is accelerating investments in artificial intelligence-driven capabilities, regional expansion, and workforce transformation as it positions itself for the next phase of growth amid rising demand for higher-value and technology-enabled services in the country’s IT-BPM sector.

Concentrix sets up AI hub in Quezon City

Concentrix has strengthened its footprint in the Philippines with the launch of a new operations site and its iX360 immersive experience center in GBF Tower 2, Bridgetowne, Quezon City. The expansion is part of the company’s reported P2-billion investment aimed at scaling its AI-driven and digital customer experience services.

Globe to launch Starlink satellite-to-phone service in June

Globe Telecom is set to launch a new satellite-to-mobile service with Starlink as early as June, pending government approval. The service will first be available to Android users and will allow mobile phones to connect directly to satellites in areas with no regular cell signal.

Health & Science

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Opinion

Senate power shift risks Estrada-style backlash

The sudden leadership shake-up in the Senate ahead of the impeachment trial of Vice President Sara Dutertel may yet prove a poisoned chalice—a glittering prize that offers control today but threatens political liability tomorrow.

A house divided: Lopez family rift tests corporate governance

“Every kingdom divided against itself is brought to desolation, and every house divided against itself will not stand.” In the Lopez corporate universe, the verse now reads less like scripture and more like a live governance case file—complete with injunctions, contested boardrooms, and competing versions of who nearly switched off the lights.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Fuel crisis or policy gap?

Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.

Sports & Entertainment

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Exclusive

Visayas roots, Singapore routes: Top Line redraws its map

Singapore is no longer just a distant dot on Top Line Business Development Corp.’s growth chart. It has become a very literal marker of how far the company has travelled in 12 years, from a Visayas-based real estate developer to an emerging energy player now thinking in global supply routes.

Sunlight Air chooses precision over size aloft

In an aviation industry often driven by scale and speed, Sunlight Air is taking a more measured route. The boutique carrier is building its business around efficiency, discipline, and destination depth, convinced that smarter operations can deliver both commercial returns and environmental gains.

PSAC urges stronger funding for Philippines startups 

The Private Sector Advisory Council is raising a clear warning. In a recent meeting with the Department of Trade and Industry, PSAC said the Philippine startup scene is slipping behind Southeast Asian peers, not for lack of ideas but for lack of capital that actually moves.

Tariffs rattle, AI thrives: Gruppo EMS builds ahead 

Amid escalating US-China trade tensions and renewed tariff uncertainty from Washington, EMS Group of Companies is expanding production, accelerating its push into artificial intelligence hardware, and positioning the Philippines as an increasingly strategic alternative manufacturing base for global electronics firms.