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Marcos cuts LPG, kerosene excise to ease costs

President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.

News Dispatch

Agriculture

DA steps up support to move CAR farm produce to markets

The Department of Agriculture (DA), led by Francisco Tiu Laurel Jr., is increasing efforts to help farmers and fisherfolk in the Cordillera Administrative Region cope with rising fuel costs and market disruptions.

Galunggong landings nearly double in Navotas in March

The Philippine Fisheries Development Authority (PFDA), under the Department of Agriculture (DA), reported that galunggong (round scad) landings at the Navotas Fish Port Complex rose sharply in March 2026.

Nueva Ecija farmer cuts fertilizer costs, doubles rice yield

A farmer in Nueva Ecija has developed a rice-growing method that lowers fertilizer costs while nearly doubling harvests.

Sugar group seeks urgent cloud seeding, opposes tax hike in Negros

The United Sugar Producers’ Federation of the Philippines (Unifed) has called on the government to immediately carry out cloud seeding operations as dry conditions linked to a possible El Niño begin to affect crops.

Corporate

Italpinas sees growth despite profit drop, expands to new areas

Boutique developer Italpinas Development Corp. (IDC) said it expects continued growth this year, even as global tensions such as the Middle East war put pressure on the property market.

Axelum budgets P200M capex after record P10B revenues

Axelum Resources Corp. has earmarked around P200 million in capital expenditures for 2026 to expand automation, upgrade machinery, and sustain operations, following a record year that pushed revenues past the P10-billion mark.

DigiPlus ranks 12th in Statista Asia-Pacific growth ranking

DigiPlus Interactive Corp. has secured the 12th spot in the 2026 High-Growth Companies Asia-Pacific ranking released by Statista in partnership with the Financial Times on April 10, underscoring its rapid expansion in the region’s digital entertainment sector.

BPI strengthens partnerships, honors top performers at Padayon Awards 2026

The Bank of the Philippine Islands (BPI) is expanding its partnerships in the automotive, housing, and motorcycle sectors to provide more affordable and accessible financing options for Filipino families.

Banking & Insurance

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Corporate Bulletins

BPI strengthens partnerships, honors top performers at Padayon Awards 2026

The Bank of the Philippine Islands (BPI) is expanding its partnerships in the automotive, housing, and motorcycle sectors to provide more affordable and accessible financing options for Filipino families.

Citicore bags top honors in FinanceAsia Awards 2026

Citicore Renewable Energy Corp. (CREC) strengthened its position as a leading clean energy player after securing multiple accolades at the FinanceAsia Asia’s Best Companies Poll 2026, signaling sustained investor confidence in its growth strategy and execution.

FPIP exec elected to key post in PCCI Tanauan

The First Philippine Industrial Park (FPIP), represented by Ricky Carandang, has been elected external vice president of the Philippine Chamber of Commerce and Industry (PCCI) – Tanauan City Chapter.

Home Credit offers early access, flexible payments for new MacBook Neo

Home Credit Philippines has launched an exclusive nationwide pre-order for the new MacBook Neo, aiming to make high-performance laptops more accessible to Filipinos through affordable installment plans.

Social Responsibility & Sustainability

SM Supermalls leads nationwide coastal cleanups for World Water Day

In observance of World Water Day, SM Supermalls, through its corporate social responsibility arm SM Cares, conducted coastal cleanup drives across six locations involving seven malls nationwide.

MPIF commits P12-M to protect Tubbataha Reefs over next fiur years

The Metro Pacific Investments Foundation (MPIF) has committed ₱12 million to support the protection of the Tubbataha Reefs Natural Park over the next four years.

IGF, Silid Aralan partner to boost fundraising

Initiate Global Foundation Inc. (IGF) and Silid Aralan Inc. have formalized a partnership aimed at strengthening nonprofit fundraising through digital platforms, as organizations seek more sustainable funding sources in an increasingly competitive donor landscape.

SM Offices makes every drop of water work harder

SM Prime Holdings Inc. is proving that in real estate, even water can deliver returns, if managed well enough.

Markets

Peso holds ground as USD tests technical ceilings

The peso is quietly reclaiming its footing, with the USD/PHP pair slipping for a second week (-0.3 percent) after a brisk four-week climb. 

Fake rider delivery scam exploits trust, urgency

Scam Watch Pilipinas warns the public about a “fake rider” scheme abusing Lalamove bookings after an attempted incident involving co-founder Art Samaniego.

IPOPHL expands anti-counterfeit drive to online markets

The Intellectual Property Office of the Philippines is intensifying its campaign against counterfeit goods, broadening enforcement to digital platforms and local communities as it pursues a “zero counterfeit” goal.

loilo City welcomes “bolanteros” to sell in newly revamped public markets

Iloilo City is making room for a little extra hustle and bustle for various retailers each Tuesday, which is designated market day.

Travel

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Energy

Fuel prices drop as companies announce rollbacks

Fuel companies implemented price rollbacks on Tuesday, driven by lower global crude oil prices following a two-week ceasefire between the United States and Iran.

Marcos cuts LPG, kerosene excise to ease costs

President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.

Citicore boosts capacity with new Pangasinan solar plant

Citicore Renewable Energy Corp. (CREC) has switched on its 125-megawatt-peak solar facility in Pangasinan, lifting its total gross installed capacity to 794MWp and reinforcing the Luzon grid ahead of peak summer demand.

Basic Energy rolls out electric transport ecosystem push

Basic Energy Corp. has launched an electric mobility initiative aimed at easing the public transport sector’s long-running exposure to volatile fuel prices, signaling a broader shift toward integrated, low-carbon transport solutions.

Transport & Communications

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Property

FDC halts new projects as property sector faces pressure

Filinvest Development Corp. (FDC) said its real estate business could be significantly affected by the ongoing economic strain linked to the Middle East conflict and slower growth in the Philippines.

Expanded work-from-home rule eases pressure on IT-BPM firms

The IT and Business Process Association of the Philippines (IBPAP) welcomed the government’s approval of expanded work-from-home flexibility for registered business enterprises, saying the move offers immediate operational relief to companies and workers grappling with rising costs.

Cebu Landmasters expands to Cavite with new township project

Cebu Landmasters Inc. (CLI) has acquired a 70-hectare property in Dasmariñas, marking its entry into Luzon’s fast-growing areas.

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.

Environment

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Technology

Over 1-M bank accounts hacked as cybercrime shifts to stolen logins

More than one million online banking accounts were compromised in 2025 as cybercriminals shifted tactics toward stealing login credentials and reusing stolen data, according to a new report from Kaspersky. The report shows attackers are moving away from traditional banking malware on computers and instead relying on social engineering schemes and dark web marketplaces, while threats targeting mobile devices continue to rise.

Globe hits 90% AI adoption, expands hands-on innovation with Google and AWS

Globe on Monday reported reaching a 90 percent adoption rate of Gemini for Workspace as of January 2026, marking a major step in its company-wide use of artificial intelligence (AI). The milestone shows strong participation across teams and reflects a shift toward using AI in everyday work, including automation tools, productivity apps, and AI-powered systems.

Globe launches new postpaid plans with more flexible features

Globe Telecom has introduced new features and benefits for its postpaid customers, aiming to offer more flexibility, better connectivity, and added long-term value.

Government warns Meta: curb oil crisis disinformation now

The Philippine government has directed Meta Platforms, Inc. to strengthen its safeguards against the spread of false and panic-inducing content tied to the ongoing oil crisis, warning of potential legal action if the company fails to act swiftly.

Health & Science

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Opinion

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.

Choked Hormuz puts global food supply at risk

Food, not fuel, may prove the first and most immediate casualty of the Middle East conflict as disruption grips the Strait of Hormuz, a narrow sea lane with an outsized role in feeding the world.

Eala storms toward WTA’s elite circle

The desert—both in Dubai and Indian Wells—has been kind to Alex Eala.

Sports & Entertainment

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Exclusive

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.

Aboitiz focus on industry, townships follow jobs

For three decades, the Aboitiz Group has been quietly building a real estate portfolio that spans homes, offices, and commercial spaces. But in recent years, it has made a deliberate pivot away from crowded residential battlegrounds toward a less glamorous, far more strategic corner of the market: industrial development. The bet is simple but bold—build where factories, logistics, and infrastructure go first, and let communities grow organically around them.