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Philippines records highest June electricity rates in ASEAN, driven by supply shortages 

The Philippines registered the highest national average power rate in the ASEAN region for June 2026, reaching P12.43 per kilowatt hour.

News Dispatch

Agriculture

Police bust illegal fertilizer plant in Nueva Ecija, seize P900,000 goods

Law enforcers dismantled an unregistered fertilizer manufacturing facility in Barangay Sta. Monica, Rizal, Nueva Ecija in a joint raid on July 15. They seized 500 bags of fake fertilizer, 21 granulator machines and several trucks valued at about P900,000.

Protecting WPS vital for 450,000 fisherfolk, food security

Nearly half a million Filipino fisherfolk depend on the West Philippine Sea for their livelihoods, making the area critical not only for territorial claims but also for the country’s economy and food supply. Speaking at the 10th anniversary commemoration of the 2016 South China Sea Arbitral Award, Agriculture Undersecretary for Fisheries Drusila Esther E. Bayate emphasized that securing fishing communities is key to strengthening food security, economic resilience and national sovereign rights. Official records show 453,246 registered fisherfolk live in areas along the West Philippine Sea, with the largest groups in Palawan, followed by Pangasinan, Batangas and Cavite.

Philippine saba solidify export presence in New Zealand with second shipment

A second commercial shipment of fresh Philippine saba bananas has arrived in Auckland, further strengthening the country’s position in the New Zealand market and showing growing international demand for this locally popular fruit.

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.

Corporate

COL Financial: PSEi could hit 7,500 by year-end

Philippine retail stock broker COL Financial Inc. said on Monday the country’s main stock index may still reach 7,500 points by the end of the year — a level higher than before the Middle East conflict started earlier this year.

McDonald’s Philippines earns triple Tambuli honors for impact

McDonald's Philippines marked its 45th anniversary with a clean sweep at the 20th Asia Pacific Tambuli Awards, highlighting how corporate success is increasingly measured not only by financial results but also by long-term contributions to society.

Jollibee Danao plant earns landmark green building certification 

The Jollibee Group has set a new benchmark for sustainable manufacturing after its Danao Commissary in Cebu became the first manufacturing facility in the Philippines to receive LEED certification for Interior Design and Construction (ID+C), signaling that industrial plants can pursue ambitious environmental goals without sacrificing operational efficiency.

Palawan children to get better early learning support under new partnership program

More than 1,500 young children in El Nido will benefit from a new early education initiative called CENTEX Early Grades, launched through cooperation between the El Nido local government, DepEd Palawan, Palawan State University, and Ayala Foundation.

Banking & Insurance

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Corporate Bulletins

McDonald’s Philippines earns triple Tambuli honors for impact

McDonald's Philippines marked its 45th anniversary with a clean sweep at the 20th Asia Pacific Tambuli Awards, highlighting how corporate success is increasingly measured not only by financial results but also by long-term contributions to society.

NQX Philippines named Top Employer Brand for third year in series 

NQX Philippines has been recognized as one of the country’s Best Employer Brands for 2026, marking its third consecutive win of the award. Endorsed by CHRO Asia, the honor acknowledges the firm’s strong human resources practices and people-focused workplace culture.

EastWest Horizons Club offers cash rebates for new members 

EastWest Bank is launching a special promotion to reward Filipinos growing their savings and building their wealth, making their next financial step even more beneficial. Running from June 1 to July 31, 2026, the Horizons Welcome Rewards Promo gives cash rebates to new customers who join the EastWest Horizons Club and place funds in qualified deposit accounts.

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.

Social Responsibility & Sustainability

Jollibee Danao plant earns landmark green building certification 

The Jollibee Group has set a new benchmark for sustainable manufacturing after its Danao Commissary in Cebu became the first manufacturing facility in the Philippines to receive LEED certification for Interior Design and Construction (ID+C), signaling that industrial plants can pursue ambitious environmental goals without sacrificing operational efficiency.

Palawan children to get better early learning support under new partnership program

More than 1,500 young children in El Nido will benefit from a new early education initiative called CENTEX Early Grades, launched through cooperation between the El Nido local government, DepEd Palawan, Palawan State University, and Ayala Foundation.

Aboitiz Foods wins regional sustainability campaign recognition award

Sustainability is often measured in numbers, but winning hearts is another matter. Aboitiz Foods has managed to do both.

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.

Markets

PSEi rally gains steam as stable peso lifts outlook

The stock market could be entering a stronger recovery phase after the Philippine Stock Exchange index (PSEi) broke through key resistance levels, with a stable peso adding to optimism that local equities can sustain their recent gains despite inflation concerns and geopolitical risks.

Netflix stocks slide after weak revenue outlook spooks

Netflix shares tumbled 7.3 percent on Friday after the streaming giant issued a third-quarter revenue forecast that fell short of Wall Street expectations, overshadowing another quarter of solid earnings and steady subscriber engagement.

Philippine IPO revival hinges on reforms, blockbuster listings

The Philippine initial public offering (IPO) market remained on the sidelines in the first half of 2026, but upcoming regulatory reforms and a pipeline of marquee listings could set the stage for a long-awaited rebound in the country's capital 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.

Travel

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Energy

ERC greenlights P1.38 billion transmission facilities for Laguna Lake floating solar project

Renergy firm NKS Solar One Inc. has received official approval from the Energy Regulatory Commission (ERC) to develop and own dedicated transmission infrastructure worth P1.38 billion, which will connect its 250-megawatt floating solar power project on Laguna Lake to the main Luzon power grid.

Gov’t manages impact of major fuel price hikes

Gov’t manages impact of major fuel price hikes Energy The Department of Energy announced that local fuel companies will implement significant across-the-board price hikes this week, driven by rising global tensions. Expected per-liter increases could reach as high as ₱3.65 for gasoline, ₱10.68 for diesel, and ₱11.77 for kerosene. This sharp upward adjustment follows a week of mixed price changes and stems directly from the breakdown of the US-Iran truce and recent tanker attacks in the Strait of Hormuz, both of which have disrupted global supply chains and renewed concerns over Middle East petroleum shipments. Despite the steep increases, Energy Secretary Sharon Garin assured the public that the government remains on top of the situation and is taking all legally permissible steps to cushion the impact. Garin emphasized that while the Philippines cannot control international market forces, local fuel inventories remain sufficient and adequate for normal operations. Furthermore, because the country remains under a National Energy Emergency, the energy department is actively coordinating with local government units to prevent illegal activities like hoarding, ensuring that Filipinos can continue their daily routines with confidence.

APECO powers up to lure data center investors

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is intensifying talks with local and foreign energy firms as it races to secure the reliable, clean electricity needed to unlock billions of pesos in investments in data centers, advanced manufacturing and logistics.

NGCP to complete P31 billion in power projects in second half of 2026

The National Grid Corporation of the Philippines (NGCP) is set to complete ten major infrastructure projects worth a combined P30.89 billion during the second half of 2026. Details shared by the firm include key undertakings such as the relocation of steel poles along the Hermosa-Duhat 230 kilovolt transmission line, the Nabas-Caticlan-Boracay transmission line, and the Luzon Voltage Improvement Project 3.

Transport & Communications

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Property

Parklinks Mall opening to boost eastern Metro Manila growth

The opening of Parklinks Mall in 2027 is set to accelerate the next phase of growth for Parklinks, the 35-hectare mixed-use estate jointly developed by Ayala Land Inc. and Eton Properties that spans Pasig and Quezon City.

Ayala Land Premier shifts luxury living beyond residences 

Ayala Land Premier is responding to changing preferences in Manila's high-end residential market, where affluent buyers are placing greater value on integrated communities that combine homes with hospitality, wellness, retail and culture.

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.

Environment

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Technology

SEIPI seeks stronger power coordination to protect chipmakers

The country's largest electronics industry group is calling for closer coordination between government and the private sector to address recurring power disruptions in the Visayas, warning that unreliable electricity could erode the Philippines' competitiveness in the global semiconductor supply chain.

DICT, LANDBANK partner on AI tools to help MSMEs access financing

The Department of Information and Communications Technology (DICT) has signed a deal with Land Bank of the Philippines (LANDBANK) to develop AI-powered digital solutions for micro, small, and medium enterprises (MSMEs). This partnership supports the ASEAN Priority Economic Deliverable on AI-Powered MSME Growth, as the Philippines chairs this year’s ASEAN Summit. The two agencies will build on the DICT’s mobile-first AI Tech Stack, which helps businesses prepare business plans, meet requirements, and find funding, with support in Filipino, English, and other local languages. Officials said the initiative will make AI accessible to more small firms, improve their credit standing, and boost their competitiveness across the country and the region.

BCDA, SBMA tap Subic to power AI strategy

The Bases Conversion and Development Authority (BCDA) and the Subic Bay Metropolitan Authority (SBMA) are positioning the Port of Subic Bay as a strategic logistics hub for the country's growing artificial intelligence and semiconductor ambitions, a move aimed at strengthening the Philippines' role in high-value global supply chains.

Filipino-Chinese group seeks takedown of China Daily AI video 

The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) has urged China Daily to remove an AI-generated video that it said portrayed the Philippines in a derogatory manner, warning that such content risks damaging goodwill and business ties between the two countries.

Health & Science

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Opinion

Philippine sports thrive when benefactors build champions

Every championship has its stars. Some also have a benefactor—the godfather who reaches for a checkbook instead of a spotlight.

Childhood shouldn’t come with a timecard or paycheck

The latest child labor figures offer good news wrapped in bad news.

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.

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.