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DOT targets Korea rebound as US leads

The Department of Tourism (DOT) is moving to revive arrivals from South Korea after the country’s longtime top source market slipped this year, even as overall foreign visitor numbers continued to grow and the United States emerged as the Philippines’ largest inbound tourism market.

News Dispatch

Agriculture

Lanao del Norte water research center to get major upgrades

The National Fisheries Research and Development Institute has launched a rehabilitation program for its Brackishwater Fisheries Research and Development Center in Lanao del Norte, converting it into an Aquaculture Business Technology Incubation Center. Announced Tuesday, the project covers improvements to the training hall, two research ponds, and the laboratory.

SRA clarifies NBB as sole authority in sugar-based bioethanol feedstock imports

The Sugar Regulatory Administration (SRA) on Tuesda released Sugar Order (SO) No. 4, series 2025–2026, clarifying the importation of sugar-derived raw materials for bioethanol production – including molasses, sugar, sugarcane, syrup and related products – may only proceed with authorization from the National Biofuels Board (NBB).

Ube industry gets boost as DA-BPI distributes 60,000 planting materials

The Department of Agriculture through the Bureau of Plant Industry (BPI) has launched a large-scale program to expand the country’s ube (purple yam) industry, distributing over 60,000 planting materials worth nearly ₱2.6 million to 900 farmers in Bohol and Leyte. This is BPI’s first major ube planting material distribution under the High Value Crops Development Program, implemented in partnership with the Philippine Root Crop Research and Training Center (PhilRootcrops).

DA orders structural check of GenSan fish port complex

The Department of Agriculture (DA) has mandated a comprehensive structural assessment of the General Santos fish port complex, one of the country’s most important fisheries facilities. This follows a strong earthquake that led to the temporary closure of several areas.

Corporate

CreditSights keeps “Underperform” rating on PLDT, sees VITRO REIT IPO as credit positive

CreditSights, a unit of Fitch Solutions, has retained its “Underperform” rating for PLDT Inc., even as it views the telecom firm’s planned data center real estate investment trust (REIT) initial public offering (IPO) as beneficial to its credit standing.

SEC revokes registration of Delisha Lending for regulatory breaches

The Securities and Exchange Commission (SEC) has cancelled the corporate registration and lending license of Delisha Lending Investor and Trading Corp. due to repeated non-compliance and undisclosed operation of online lending platforms.

DMCI to open Batangas resort early next year

DMCI Homes Inc. on Tuesday said it is opening its resort in San Juan in Batangas by February next year, positioning it as a beachfront destination that brings together leisure amenities and facilities for business and social events within a single integrated resort.

Razon-led firms mount quake relief drive in Mindanao

Companies and foundations linked to tycoon Enrique K. Razon Jr. have launched a coordinated humanitarian response following  the magnitude 7.8 earthquake that struck southern Mindanao on June 8, mobilizing logistics, utilities, and community resources to support relief operations in General Santos City and Sarangani.

Banking & Insurance

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Corporate Bulletins

George Yang’s golden legacy earns APAC honor

What began with a single hamburger restaurant in Manila more than four decades ago has grown into one of the Philippines’ biggest consumer success stories—and earned its architect one of the region’s highest honors in marketing and business leadership.

Security Bank forum guides businesses on energy efficiency, incentives and sustainable investments

Security Bank recently held Sustainability Talks 2026: Energy Savings and Tax Incentives for a Greener Tomorrow, a forum for commercial clients to address rising energy costs and changing regulations. The event gathered regulators, industry experts and business leaders to discuss strategies for better energy management, cost reduction and compliance with the Energy Efficiency and Conservation Act (EECA).

Maya joins THINKaMuna Pilipinas Council to boost fight vs financial scams, digital literacy

Digital financial service provider Maya has become part of the THINKaMuna Pilipinas Council, joining efforts to combat financial scams and improve digital knowledge among Filipinos.

DENR cited as Top 3 Most Improved Agency by ARTA

The Department of Environment and Natural Resources (DENR) has been named among the Top 3 Most Improved Government Agencies by the Anti-Red Tape Authority (ARTA). The recognition was given during the Ease of Doing Business Month culminating activity, honoring agencies that delivered faster, more efficient and citizen-centered services from 2024 to 2025.

Social Responsibility & Sustainability

Razon-led firms mount quake relief drive in Mindanao

Companies and foundations linked to tycoon Enrique K. Razon Jr. have launched a coordinated humanitarian response following  the magnitude 7.8 earthquake that struck southern Mindanao on June 8, mobilizing logistics, utilities, and community resources to support relief operations in General Santos City and Sarangani.

One Meralco Foundation, Urbanize team up for Balik Eskwela 2026, distributing 5,000 school kits

One Meralco Foundation (OMF), the corporate social responsibility arm...

Ayala Foundation supports Mindanao communities after magnitude 7.8 earthquake

Following the magnitude 7.8 earthquake that hit off the coast of Mindanao on June 8, Ayala Group through Brigadang Ayala launched rapid relief and recovery operations across General Santos City and Sarangani Province.

BPI BanKo, Jollibee Group Foundation step up support for onion farmers 

BPI Direct BanKo, Inc. (BanKo) and Jollibee Group Foundation (JGF) have expanded their partnership to provide accessible, sustainable financing to Filipino onion farmers under the Foundation’s Farmer Entrepreneurship Program.

Markets

Tanduay retains World’s Top Rum spot for 9th straight year

Tanduay, the Philippine rum brand owned by tycoon Lucio Tan, has kept its title as the world’s best-selling rum for nine consecutive years, according to Drinks International Magazine.

Hormuz risk keeps peso, PSEi on edge

Philippine financial markets are heading into the week on a cautious footing as renewed threats by Iran to potentially close the Strait of Hormuz inject fresh volatility into global oil supply expectations and inflation outlooks, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.

Mynt IPO May Put Philippine Stocks Back in Play

The planned initial public offer of Mynt, the company behind GCash, could do more than raise fresh capital. It may provide the Philippine stock market with the kind of growth story it has been missing.

Markets brace for twin central bank signals

Philippine financial markets are heading into a pivotal week, with investors largely keeping their powder dry ahead of policy decisions from the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve that could shape the direction of stocks, bonds and the peso in the weeks ahead.

Travel

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Energy

PH, Vietnamese utilities craft large-scale renewable energy programs in new MOU

Manila Electric Co. (Meralco) and its subsidiary Meralco PowerGen Corp. (MGen) have signed a memorandum of understanding (MOU) with Vietnam-based VinEnergo Energy Joint Stock Co. The partnership aims to strengthen energy security, improve system reliability, and support the country’s shift toward cleaner energy sources.

DOE to launch tender framework for nuclear power electricity rates

The Department of Energy (DOE) is preparing the bidding exercise that will set the production cost for pioneering nuclear power projects (NPPs) in the Philippines.

Mitsubishi Power signs long-term parts and services deal for 1,200 MW Batangas power plant

Mitsubishi Power has entered into a long-term parts and services agreement (LTPSA) with LNGPH and its subsidiary South Premiere Power Corp. (SPPC) for the 1,200 MW Ilijan combined cycle natural gas-fired power plant.

DA backs immediate shift to 5% coconut biodiesel blend

The Department of Agriculture (DA) has endorsed Resolution No. 03, Series of 2026, calling for the immediate implementation of the 5 percent coconut methyl ester (CME) biodiesel blend or B5. The proposal has been forwarded to the Senate and the Department of Energy (DOE).

Transport & Communications

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Property

RLC infuses six properties worth ₱10.62 billion into REIT

Robinsons Land Corporation (RLC), led by the Gokongwei group, will inject six of its shopping mall properties collectively valued at ₱10.62 billion into its real estate investment trust, RL Commercial REIT Inc. (RCR).

DMCI sets 2027 launch for Batangas beach resort

DMCI Homes is targeting a February 2027 opening for Solmera Beach Park Resort in San Juan, Batangas, as it expands into large-scale leisure and events-driven tourism developments outside Metro Manila.

Megaworld eyes 10,000 rooms amid expansion

Megaworld Hotels & Resorts is laying out more welcome mats across the country.

Ayala Land Offices lands health tech tenant Eucalyptus

Ayala Land Offices (ALO) has secured global digital healthcare provider Eucalyptus for its Click Space flexible workspace platform, underscoring the Philippines’ growing appeal as a destination for high-value, technology-driven outsourcing and knowledge-based services.

Environment

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Technology

DICT rolls out digital IDs for delivery riders under new licensing system

The Department of Information and Communications Technology (DICT) has launched digital identification for delivery personnel to boost consumer protection, curb fraud, and formally recognize legitimate workers.

DITO launches secure verification service, aligns with anti-fraud rules

DITO Telecommunity Corp. has commercially introduced DITO Verified, a new authentication service developed with global provider Shush Inc. to fight rising digital fraud. This makes DITO the first telecommunications firm in the Philippines to offer a unified carrier-native verification solution.

Globe calls for technology-neutral policies to build inclusive national connectivity

Globe Telecom Inc. is advocating for policies that do not favor any single technology, in order to encourage innovation while maintaining strict standards for service quality, security, consumer rights, and fair competition.

Smart launches new network site in Palawan to expand internet access

Smart Communications, the wireless subsidiary of PLDT, has opened a new communications tower in San Vicente, Palawan. This project is part of the effort to bring reliable internet service to remote or "last mile" communities across the Philippines, in line with government goals.

Health & Science

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Opinion

Reframing the South China Sea conversation 

For more than a decade, the South China Sea has been ASEAN's diplomatic traffic jam. Everyone knows there is a problem. Everyone agrees it matters. Yet the moment the conversation turns to China, the convoy grinds to a halt.

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.

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.