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Remittances climb in May, fueling household spending and domestic growth 

Money sent home by overseas Filipinos continued its upward trajectory in May, providing a steady lifeline to millions of households and giving a welcome boost to the broader economy.

News Dispatch

Agriculture

NFA raises palay buying price, halts rice imports in Iloilo 

The Department of Agriculture has announced two key measures to support rice farmers: a higher minimum purchase price for palay and a temporary ban on rice import arrivals in Iloilo during the upcoming harvest period.

Palay outlook brightens as corn forecast softens

The Philippines is on track for a stronger second-quarter rice harvest but faces a slight decline in corn production, reflecting the diverging fortunes of the country's two staple crops as farmers contend with shifting weather conditions and varying field productivity.

Satellite data modernizing DA operations in agri, fisheries sector

The Department of Agriculture is working closely with the Philippine Space Agency to expand the use of space technology and satellite data across the country’s farming and fisheries sectors, aiming to boost productivity, build better resilience to climate change, and deliver faster support to producers.

NFA opens P355.4M post-harvest facility in Iloilo

The National Food Authority (NFA) has launched a modern P355.4 million post-harvest facility in Dumangas, Iloilo, to cut grain losses, raise rice buffer stocks, and strengthen national food securit

Corporate

Chinabank named Domestic Cash Management Bank of the Year

Chinabank has been awarded the Philippines Domestic Cash Management Bank of the Year at the 2026 Asian Banking & Finance Wholesale Banking Awards, in recognition of its digital transformation and leading corporate banking services.

Tanduay wins golds for premium rum at 2026 Bartender Spirits Awards

Tanduay has further cemented its position among the world’s top premium rum producers, earning Gold Medals for two of its products at the 2026 Bartender Spirits Awards held in Chicago, USA last June 10.

Aboitiz links businesses to power circular economy growth

The Aboitiz Group is rethinking the circular economy, arguing that the biggest sustainability gains will come not from building more recycling plants but from connecting businesses that can turn one company's waste into another's raw material.

Philippine Seven pushes modernization, expands cashless payments across 7-Eleven network

Philippine Seven Corp., the exclusive operator of 7-Eleven in the Philippines, said it will keep investing in store upgrades, technology, supply chain improvements and operational efficiency to drive its next stage of growth.

Banking & Insurance

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Corporate Bulletins

Chinabank named Domestic Cash Management Bank of the Year

Chinabank has been awarded the Philippines Domestic Cash Management Bank of the Year at the 2026 Asian Banking & Finance Wholesale Banking Awards, in recognition of its digital transformation and leading corporate banking services.

Tanduay wins golds for premium rum at 2026 Bartender Spirits Awards

Tanduay has further cemented its position among the world’s top premium rum producers, earning Gold Medals for two of its products at the 2026 Bartender Spirits Awards held in Chicago, USA last June 10.

Jollibee Group Foundation wins top social sustainability honor at 2026 Philippine Leadership Awards

Jollibee Group Foundation has been named the Best Social Sustainability Initiative recipient at The Philippines’ Leadership Awards 2026. The award was presented during a ceremony held on June 26 at Dusit Thani Manila.

Security Bank Group wins 9 sustainable infrastructure finance awards 

Security Bank Corporation and its investment banking arm Security Bank Capital secured nine honors at The Asset Triple A Sustainable Infrastructure Finance Awards 2026. The awards recognize their work funding key Philippine projects across clean energy, water, and transport. The group took top prizes including Asia-Pacific Deal of the Year and Project Finance Deal of the Year for the historic PHP150 billion Terra Solar loan, which backs what is set to be the world’s largest integrated solar and battery facility. They also earned awards for hydro power schemes, Southeast Asia’s first water sector green equity IPO for Maynilad, and a major bond issuance for Metro Pacific Tollways. Officials said the wins reflect their commitment to building critical infrastructure and advancing the country’s renewable energy shift.

Social Responsibility & Sustainability

Aboitiz links businesses to power circular economy growth

The Aboitiz Group is rethinking the circular economy, arguing that the biggest sustainability gains will come not from building more recycling plants but from connecting businesses that can turn one company's waste into another's raw material.

Globe partners PGH MFI to boost care for underserved Filipinos

Globe is expanding vital healthcare access for vulnerable communities through its long-running partnership with the PGH Medical Foundation, Inc. (PGH MFI). Serving over 600,000 patients yearly including charity cases, newborns and emergency cases, Philippine General Hospital is often the only option for low-income Filipinos needing life-saving treatment.

BDO joins nationwide Brigada Eskwela Drive to prep schools for new term

Thousands of volunteers across the country came together for Brigada Eskwela 2026 to get public schools ready for the opening of classes, cleaning facilities, repainting areas, tending gardens and carrying out small repairs. Over 600 BDO employees took part in the effort, donating paint, supplies and vegetable seedlings to support work at six partner schools spanning Metro Manila, Isabela, Misamis Oriental and Negros Oriental. Education officials praised the initiative as proof that the Filipino spirit of bayanihan remains strong, noting the contributions bring hope to learners. BDO representatives thanked school communities and volunteers, adding that the bank’s long-running support for the program reflects how collective action helps build better learning spaces for Filipino youth.

AXA expands volunteer drive into lasting community partnerships

AXA Philippines is transforming employee volunteerism into a long-term community development strategy, mobilizing more than 2,000 employees nationwide during this year's AXA Week for Good (AWFG) while expanding livelihood, sustainability and education initiatives with nonprofit partners.

Markets

Earnings season tests market amid rate concerns

Philippine shares are expected to trade cautiously in the coming weeks as the second-quarter earnings season begins, shifting investors' focus from recent market gains to whether corporate profits can withstand persistent inflation, the prospect of further monetary tightening, and rising geopolitical risks.

SAMA debut gives Filipino brands regional growth springboard

The launch of the Strategic Asia Marketing Alliance (SAMA) Philippines is opening a new gateway for Filipino brands seeking to expand across Southeast Asia, giving businesses access to a regional network of independent marketing agencies through a single local partner.

Peso holds ground while politics tests market confidence 

The peso appears to have found its footing, but investors know that calm currencies do not always guarantee calm markets.

Lazada deepens MSME drive via digital skills partnership

Lazada Philippines is stepping up its support for micro, small and medium enterprises (MSMEs), expanding partnerships with government agencies and relaunching its LazGrow Together program to help more Filipino entrepreneurs compete in the country's fast-growing digital economy.

Travel

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Energy

Malampaya overhaul completed, paving way for new gas

The Philippines has cleared a critical milestone in its drive for greater energy security after Prime Energy completed the month-long maintenance turnaround of the Malampaya Deep Water Gas-to-Power Project, restoring indigenous gas production and preparing the country's biggest gas field for a fresh production boost later this year.

Semirara seeks court shield over DOE data demand

Semirara Mining and Power Corp. has gone to court to block what it described as repeated attempts by the Department of Energy to compel the disclosure of proprietary mining information that could be shared with prospective bidders for the Semirara coal mine.

TransCo, IEMOP sign deal to manage RE incentive funds

State-run National Transmission Corp. (TransCo) and the Independent Electricity Market Operator of the Philippines (IEMOP) have signed an agreement formalizing how funds for renewable energy incentives are collected and handled.

ERC extends consumer protection measures until October

The Energy Regulatory Commission (ERC) has extended key consumer protection rules for the country’s electricity sector through to the end of October 2026, moving past the original end-of-month deadline.

Transport & Communications

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Property

Century Properties keeps 20% dividend payout despite uncertainty 

Century Properties Group Inc. (CPG) is standing by its commitment to reward shareholders, declaring a P554.89-million cash dividend for 2026 while maintaining the higher 20 percent payout policy it adopted last year despite an uncertain business environment.

Government raises P1B from Makati property sale 

The government has raised P1 billion from the sale of state-owned condominium units and parking slots in Makati, giving a fresh boost to its privatization program as it looks to unlock more value from idle assets and generate additional non-tax revenues.

SM Prime opens first China hotel in Xiamen

SM Prime Holdings Inc. has expanded its business in Xiamen, China, launching its first hotel in the country last month. The 325-room Voco Xiamen SM City connects directly to SM Xiamen, the group’s first property in China opened 25 years ago. Worth about 450 million yuan or P4 billion, it sits near a metro station and is close to Xiamen’s airport and railway station. SM Prime president Jeffrey C. Lim said the project turns the complex into a full lifestyle destination, taking advantage of China’s growing tourism market and new government support policies. Xiamen is also the hometown of SM group founder Henry Sy Sr.

Alliance Global takes full control of Newport World Resorts

Alliance Global Group Inc. (AGI) has completed its acquisition of Genting Hong Kong Ltd.'s remaining stake in Newport World Resorts, ending a 17-year partnership that pioneered the Philippines' integrated resort industry and giving the conglomerate full control of one of its flagship gaming and tourism assets.

Environment

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Technology

GMA Network ready for Mega Manila analog TV shutdown in November

GMA Network is fully prepared for the government mandated shutdown of analog television signals in Mega Manila this coming November, company officials confirmed on Friday.

DICT brings free internet, digital aid to remote Palawan areas

The Department of Information and Communications Technology has expanded free internet services to remote island communities across Palawan, activating 621 Wi-Fi hotspots in 207 public schools to help bridge the digital divide.

Telcos push unified industry approach to protect critical infrastructure

Members of the National Telecommunications Security Council (NTSC) are calling for a unified "whole of industry" approach to safeguard telecommunications facilities, especially when disasters strike.

Marcos Jr. signs EO 119 modernizing gov’t data rules and set data reaidency framework 

President Ferdinand R. Marcos Jr. has signed Executive Order No. 119, updating the country’s outdated government data system and putting in place a formal data residency framework to better protect official information while drawing more investments to the digital economy. The new policy replaces Memorandum Circular No. 78, a 1964 guideline designed for paper records, with a modern system built to suit current digital tools including cloud computing and artificial intelligence.

Health & Science

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Opinion

Helen-Tito, Sarah-Matteo, Bea-Vincent

There was a time when lovers ran away from home because they feared their parents.

Why Philippine impeachment isn’t really about crimes 

The biggest misunderstanding about impeachment in the Philippines is that it is simply a trial for crimes or felonies. It isn't. It is something rarer and, arguably, more powerful.

Cockfighting returns to New World, history refuses to stay caged

Cockfighting has always occupied a peculiar corner of the Filipino psyche. It is at once sport, spectacle, business, culture—and depending on whom you ask, either cherished heritage or a tradition overdue for reckoning.

Phoenix pumps more assets into the recovery tank

Every gas station has two values: the fuel it...

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.