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DA pushes P300-million plan to turn Mapanas into Eastern Visayas agri-fishery hub

The Department of Agriculture (DA) is investing over P300 million to develop this coastal municipality into a leading fisheries and agricultural growth center in Eastern Visayas, aiming to boost local incomes, strengthen food security, and drive rural development.

News Dispatch

Agriculture

DA pushes P300-million plan to turn Mapanas into Eastern Visayas agri-fishery hub

The Department of Agriculture (DA) is investing over P300 million to develop this coastal municipality into a leading fisheries and agricultural growth center in Eastern Visayas, aiming to boost local incomes, strengthen food security, and drive rural development.

Philippine mangoes spread sweetness across continents

Philippine mangoes have long traveled overseas, filling supermarket shelves and satisfying homesick Filipinos abroad. But increasingly, the country’s signature fruit is reaching new corners of the world and finding a place not just as a familiar export, but as a premium product for global consumers.

Projected Q2 palay harvest tempered by yield concerns

The Philippines is on track for a stronger grain harvest this quarter, with palay production projected to rise 5.3 percent from a year ago, although slipping yields suggest farmers are still battling productivity challenges despite expanding planted areas. 

DA backs extending P50/Kilo price cap on imported rice

The Department of Agriculture (DA) pushing the extension of the government’s P50-per-kilo maximum suggested retail price (MSRP) for 5 percent broken imported rice beyond its June 30 expiry, a move meant to keep the country’s staple food affordable amid lingering food inflation concern.

Corporate

Chinabank wins global award for innovative tax solution

China Banking Corp. announced Thursday it has received the Excellence in Innovation in the Philippines 2026 award from Global Banking and Finance Review, recognizing its Easy Tax Filing and Payment Solution.

McDonald’s Philippines rolls out 10,000 meals for earthquake-hit Southern Mindanao

McDonald’s Philippines has activated its Kindness Kitchen program to provide no less than 10,000 hot meals to communities severely affected by the recent earthquake in Southern Mindanao. Working hand-in-hand with local government units, the company aims to deliver nourishing food to families in impacted areas as part of its immediate relief efforts.

From bar top notched to Ifugao’s corporate pride

Success, it seems, runs in the family—and in the mountains of Ifugao.

EastWest Bank names Kristine Romano as new independent director

East West Banking Corp. has appointed Kristine A. Romano as independent director, effective April 23, 2026.

Banking & Insurance

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Corporate Bulletins

Chinabank wins global award for innovative tax solution

China Banking Corp. announced Thursday it has received the Excellence in Innovation in the Philippines 2026 award from Global Banking and Finance Review, recognizing its Easy Tax Filing and Payment Solution.

From bar top notched to Ifugao’s corporate pride

Success, it seems, runs in the family—and in the mountains of Ifugao.

EastWest Bank names Kristine Romano as new independent director

East West Banking Corp. has appointed Kristine A. Romano as independent director, effective April 23, 2026.

GSIS welcomes Blancaflor as new board chair

The Government Service Insurance System (GSIS) has officially appointed Atty. Ricardo R. Blancaflor as the new chairman of its board of trustees, effective June 10, 2026. He takes over the post previously held by Rodney Del Rosario Jr.

Social Responsibility & Sustainability

McDonald’s Philippines rolls out 10,000 meals for earthquake-hit Southern Mindanao

McDonald’s Philippines has activated its Kindness Kitchen program to provide no less than 10,000 hot meals to communities severely affected by the recent earthquake in Southern Mindanao. Working hand-in-hand with local government units, the company aims to deliver nourishing food to families in impacted areas as part of its immediate relief efforts.

Jollibee Group expands inclusive hiring with Taguig City

The Jollibee Group has broadened its employment program for senior citizens and persons with disabilities (PWDs) through a new agreement with the Taguig City Government. Sixteen company-owned outlets—covering Jollibee, Chowking, Greenwich, and Burger King—will join, with each store set to hire two seniors and one PWD.

Razon group extends aid to quake-hit areas in Mindanao

Companies under the Razon Group have mobilized relief efforts in Mindanao following the devastating 7.8-magnitude earthquake that struck the region on Monday, bringing much-needed assistance to communities heavily affected by the disaster.

St. Peter offers free funeral aid after Mindanao quake

St. Peter Life Plan and Chapels announced immediate help for families hit by the magnitude 7.8 earthquake that struck southern Mindanao on June 8, 2026.

Markets

Easing inflation gives markets room to breath

After months of relentless pressure, Philippine financial markets may finally be getting some breathing space.

SEC centralizes SBL admin functions with PSE to speed up processing, cut costs

The Securities and Exchange Commission (SEC) has streamlined the country’s securities borrowing and lending framework by assigning all administrative functions to the Philippine Stock Exchange (PSE), aiming to create a more efficient and integrated short selling market.

Rookie PH opens new stores, unveils school deals

Rookie PH is accelerating its expansion in Metro Manila, opening two new stores and rolling out back-to-school promotions as it seeks to bring global kids’ fashion brands closer to Filipino families ahead of the new school year.

SEC director arrested in NBI extortion sting

The Securities and Exchange Commission (SEC) said Wednesday that one of its directors has been arrested by the National Bureau of Investigation (NBI) in an entrapment operation over the alleged extortion of a private corporation.

Travel

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Energy

Cement industry charts lower carbon path

The Philippine cement industry is laying the foundation for a greener future, betting that lower emissions and industrial growth do not have to be poured from separate molds.

NPC deploys 5 MW gensets to ease Catanduanes power crisis

The National Power Corp. (NPC) has activated 5 megawatts of leased generator sets at the Marinawa Substation to address ongoing power shortages in Catanduanes.

ACEN invests P1.15B in subsidiary for renewable energy projects

ACEN Corp., the energy arm of the Ayala Group, has signed a subscription agreement worth P1.15 billion with fully owned subsidiary Giga Ace 8 Inc. The investment covers common and preferred shares issued from Giga Ace 8’s unissued capital stock.

PCC flags power retail competition roadblock

Competition watchdogs are stepping up scrutiny of the Philippines’ retail electricity market after a new study found that market concentration, customer inertia, and structural barriers continue to limit competition despite ongoing power sector reforms.

Transport & Communications

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Property

DTI, Leonio explore transformative Central Luzon estate 

Central Luzon could soon add another major investment magnet to its growing economic landscape as the Department of Trade and Industry (DTI) explores collaboration opportunities with Leonio Land Holdings, Inc. (LLHI) for a proposed Dual-Zone Eco-Innovation Estate that aims to blend industrial development, technological innovation, and sustainable tourism.

Madrid operations spur Hotel101’s global ambitions

Hotel101-Madrid has hit full occupancy again, underscoring the growing appeal of DoubleDragon Corp.’s ambitious bid to export a homegrown Filipino hotel brand to the world.

Ayala Malls brings first IKEA store to Visayas

Ayala Malls is deepening its presence in the Visayas with the launch of Ayala Malls Gatewalk in Mandaue City, a major retail and lifestyle development that will host the first IKEA store in Cebu and the wider Visayas region.

Batangas investment pays off as IDC expands

Italpinas Development Corp. (IDC) is accelerating its Luzon expansion after its flagship Batangas project, Miramonti Green Residences, neared a sellout just weeks after its formal launch, validating the developer’s strategy of investing early in fast-rising provincial growth centers.

Environment

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Technology

Digital responsibility: The new frontier of Filipino freedom

The internet has become an essential part of daily life for Filipinos, shaping how people connect, learn, earn, and engage with society. But greater digital reliance also brings growing risks: misinformation, scams, identity theft, and fraud that put all users, especially the most vulnerable, in danger. On Independence Day, the meaning of freedom is being redefined for the connected era — it is no longer just about access, but about having the confidence to go online without fear of harm or exploitation.

Philippines expects AI to enhance customer experience industry

The Philippine customer experience industry is placing a high-stakes wager on artificial intelligence and expecting it to pay off.

IBPAP Awards spotlight AI and skills shift

The Philippine IT-BPM industry used its biggest awards night to spotlight a changing growth strategy, with artificial intelligence, workforce upskilling, sustainability, and innovation emerging as key priorities for the sector’s next stage of expansion.

Globe, PLDT-Smart speed up network restoration, aid in quake-hit Southern Mindanao

Following the recent magnitude 7.8 earthquake, the country’s two largest telecommunications firms have ramped up efforts to restore services and deliver support across southern Mindanao. Globe Telecom Inc. reports that services are back in 31 out of 32 affected municipalities. Full restoration has been achieved in Zamboanga Sibugay, Zamboanga del Norte, South Cotabato, Maguindanao del Norte, Maguindanao del Sur, Sultan Kudarat, and Sarangani. Teams remain on standby in areas with intermittent signal, mostly where ongoing power outages continue to disrupt telecom facilities. The company has also activated special connectivity and emergency support offers in South Cotabato, Sultan Kudarat, and Sarangani. Meanwhile, PLDT Group’s business unit PLDT Enterprise has teamed up with the Department of Information and Communications Technology (DICT) and local governments to set up Starlink internet in key hospitals. These links are now working at Malungon Sarangani Provincial Hospital and Alabel Sarangani Provincial Hospital, part of the group’s commitment to using communications for disaster response. Through its social outreach arm PLDT-Smart Foundation, the group has started distributing relief goods including food packs, drinking water, and hot meals. Free calls, charging stations, and Wi-Fi are available in General Santos City; Glan, Sarangani; and Jose Abad Santos, Davao Occidental. Smart and TNT users in affected zones have also received emergency load to stay connected. Both companies are coordinating closely with the National Telecommunications Commission, disaster response agencies, local governments, and other partners. Staff are working around the clock to restore services and provide aid, while also ensuring the safety of their personnel and equipment.

Health & Science

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Opinion

Ghosts of 1949 haunt today’s Senate

The Philippine Senate has a remarkable talent for proving that history never really leaves the chamber. It merely changes surnames.

Silent senators forfeit democracy’s mantle

The Senate has been regarded as the last bastion of democratic dissent—a chamber where statesmen stood their ground, challenged power, and refused to let their voices be drowned out by political pressure or executive overreach. It was where difficult questions were asked, unpopular truths were spoken, and silence was treated not as a virtue but as a surrender.

Senate descends to institutional absurdity

If anyone still believed the Philippine Senate had reached rock bottom, the May 25 session suggested there was, in fact, a trapdoor beneath the floor.

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.

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.