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Moody’s upgrades credit rating, paving way for lower borrowing costs and stronger economic growth

Global rating agency Moody’s Investors Service has raised the country’s credit rating, delivering a major vote of confidence in the nation’s financial stability and economic momentum. The rating upgrade reflects the country’s solid economic growth, disciplined fiscal management, and structural reforms that continue to shield the economy from external market turbulence.

News Dispatch

Agriculture

British chamber warns pork import curbs could fuel food inflation

The British Chamber of Commerce of the Philippines (BCCP) has opposed a proposed pork import holiday and higher tariffs, warning that restricting supplies ahead of Christmas could intensify food inflation while African swine fever (ASF) continues to constrain domestic production.

Ombudsman suspends 3 DPWH officials over alleged ghost farm‑to‑market road projects

The Department of Agriculture has welcomed the Ombudsman’s order putting three DPWH officials under preventive suspension amid a graft probe into farm‑to‑market road projects in Davao Occidental.

Philippine fruits hit over $17 million export sales at major Asian trade show

The Philippines brought home more than US$17.5 million in export sales from its return to Asia’s top fresh produce trade show after nearly 10 years, according to the Department of Agriculture. The figure translates to roughly ₱1.1 billion based on current exchange rates.

Senate reshapes 2027 budget for El Niño response

The Senate is reshaping the proposed 2027 national budget to strengthen preparations for El Niño while trimming nonessential spending and reviewing funding for foreign-assisted projects, Senate President Sherwin Gatchalian said.

Corporate

Planters Products welcomes Montemayor indictment 

Planters Products Inc. (PPI) welcomed the indictment of former agriculture secretary Leonardo Montemayor and pledged full cooperation with government prosecutors pursuing the cyber libel case over false and damaging statements against the company.

BPI‑FAST Group tie‑up unlocks faster digital financing for supply chain partners

The Bank of the Philippine Islands (BPI) has teamed up with top logistics provider FAST Group to roll out BPI’s Digital Supply Chain Finance Program for the firm’s suppliers, giving them quicker access to working capital.

SM Investments bags top Five Golden Arrow award for 3rd year running

SM Investments Corporation has earned the Institute of Corporate Directors’ highest Five Golden Arrow rating for the third straight year, based on the 2025 ASEAN Corporate Governance Scorecard review.

PAGCOR earnings plunge as gaming revenues weaken 

The Philippine Amusement and Gaming Corp. (PAGCOR) saw its net income plunge 85 percent to P2.17 billion in January to September 2026, as a steep decline in electronic gaming revenues and higher statutory remittances squeezed its earnings.

Banking & Insurance

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Corporate Bulletins

BPI‑FAST Group tie‑up unlocks faster digital financing for supply chain partners

The Bank of the Philippine Islands (BPI) has teamed up with top logistics provider FAST Group to roll out BPI’s Digital Supply Chain Finance Program for the firm’s suppliers, giving them quicker access to working capital.

SM Investments bags top Five Golden Arrow award for 3rd year running

SM Investments Corporation has earned the Institute of Corporate Directors’ highest Five Golden Arrow rating for the third straight year, based on the 2025 ASEAN Corporate Governance Scorecard review.

Vivant retains 3 Golden Arrows as governance recognition extends

Vivant Corp. has secured three Golden Arrow recognitions for the second consecutive year, extending its corporate governance awards streak to five years as the Philippine energy and water group highlights accountability and long-term business stewardship.

EastWest earns global recognition for customer‑centric banking

EastWest has been named Best Customer Centric Business Model – Philippines at the Global Retail Banking Innovation Awards. The bank’s hybrid model combines fast digital services for everyday transactions with in‑person advisory support for major financial decisions.

Social Responsibility & Sustainability

P&G, Red Cross expand disaster relief kit program nationwide

P&G Philippines and the Philippine Red Cross (PRC) are preparing 90,000 health and hygiene relief kits for disaster-prone communities, extending a partnership aimed at keeping essential supplies accessible when emergencies disrupt daily life.

Vivant Foundation upgrades La Union schools, expands library

Vivant Foundation Inc. (VFI), together with Vivant Energy Corporation and its subsidiary 1590 Energy Corporation, has upgraded electrical systems in three public elementary schools and provided library packages to 14 schools in Bauang South District, La Union, as part of efforts to improve learning environments and support literacy.

Coco Mama, partners pledge 2-M coconut seedlings for farmers

Coco Mama, under Century Pacific Food Inc. (CNPF), is set to donate one million quality coconut seedlings over the next five years through its Save Our Coconuts program, joining forces with global brand Vita Coco for a combined total of two million seedlings nationwide.

Telco equips Tagbanua community in El Nido with disaster skills alongside Palawan cable project

More than 30 members of the Tagbanua Tandulanen Indigenous Cultural Community from 11 El Nido barangays recently took part in disaster preparedness training organized by PLDT Inc. and Smart Communications. Held alongside work on the Palawan Resiliency Submarine Cable Project, the effort underscores that stronger connectivity goes hand in hand with stronger communities.

Markets

Moody’s upgrades credit rating, paving way for lower borrowing costs and stronger economic growth

Global rating agency Moody’s Investors Service has raised the country’s credit rating, delivering a major vote of confidence in the nation’s financial stability and economic momentum. The rating upgrade reflects the country’s solid economic growth, disciplined fiscal management, and structural reforms that continue to shield the economy from external market turbulence.

TikTok Shop, DTI push smarter shopping ahead of holiday sales

TikTok Shop is stepping up consumer education and buyer protection efforts in the Philippines ahead of the 11.11 and 12.12 Mega Sales, working with the Department of Trade and Industry (DTI) to encourage more informed online purchases.

Philippine stocks face fresh pressure as rate hike, inflation cloud outlook

Philippine stocks could extend losses this week as higher interest rates, persistent inflation, and peso weakness threaten corporate earnings, with analysts urging investors to favor defensive shares until clearer signs of a market recovery emerge.

Billease challenges marketplace fees with zero-commission shopping platform

Philippine consumer financing platform Billease has launched a zero-commission online marketplace aimed at helping retailers cut selling costs while giving shoppers access to installment credit, challenging the fee-based business models of established e-commerce players.

Travel

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Energy

PCC fines PEMHI, MGen P5.8 million over reporting lapses

The Philippine Competition Commission (PCC) fined Pilipinas Enterprise Management Holdings Inc. (PEMHI) and Meralco PowerGen Corp. (MGen) P5.8 million for repeatedly missing reporting deadlines tied to their merger clearance, underscoring the regulator’s tougher stance on compliance with post-merger commitments.

AEV Q3 profit falls 54%, nine-month growth slows

Aboitiz Equity Ventures Inc. (AEV) reported a 54 percent drop in third-quarter net income to P4.1 billion from P8.9 billion a year earlier, limiting nine-month earnings growth despite stronger contributions from power and banking.

Aboitiz Power 9‑month net income jumps 13% amid renewable push

Aboitiz Power Corp. reported a 13‑percent increase in net income for the first nine months of 2026, reaching P26.2 billion from P23.3 billion in the same period of 2025, the company said in a disclosure filed Thursday at the Philippine Stock Exchange.

Visayas energy stakeholders urge pre‑Christmas summit to ease tight power supply woes

Renewable energy groups are pushing for an urgent energy summit for the Visayas region before the Christmas holiday, warning that narrow power reserves are putting households and businesses at risk of outages and higher electricity bills.

Transport & Communications

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Property

Anflo estate draws P8.5B, expands cold storage, manufacturing

Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte, has attracted an estimated P8.5 billion in combined investments from its developer and locators, as new cold storage and manufacturing operations are set to expand its industrial footprint this year.

CLI opens Astra retail hub to support Mandaue mixed-use growth

Cebu Landmasters Inc. (CLI) has opened Astra Lifestyle Centre along A.S. Fortuna Street in Mandaue City, adding a retail component to its mixed-use Astra Centre development as property developers increasingly combine shopping, dining, residential and workplace offerings in a single destination.

Flexible offices buck property slowdown as firms seek agility

Flexible office spaces are gaining ground in Metro Manila’s subdued property market, with net take-up rising 185 percent in the first nine months of 2026 as companies seek to contain costs and adapt workplaces to changing business needs.

Condo payment shock fuels cancellations as Metro Manila inventory stays high

Metro Manila’s condominium market continues to grapple with persistent oversupply as buyers withdraw from purchases when monthly payments jump sharply upon transitioning from developer financing to bank loans.

Environment

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Technology

PLDT‑Smart: Human skills remain core to customer experience amid AI boom

PLDT Inc. and Smart Communications on Friday say businesses should focus on pairing artificial intelligence with human empathy and judgment rather than rushing full‑scale automation, as generative AI reshapes customer service across industries.

Globe beefs up network for Undas mobile traffic surge, backs NTC readiness directive

Globe Telecom has stepped up network preparations in line with the National Telecommunications Commission’s call for stronger readiness and coordination among telcos ahead of the Undas observance this month.

PLDT‑Smart steps up Bayanihan SIM push with wider network and community drives

PLDT Inc. and its wireless unit Smart Communications are accelerating roll‑out of the government‑backed Bayanihan SIM program through expanded network coverage and on‑the‑ground activation efforts, strengthening the group’s role as a key private‑sector partner for national digital inclusion. The Bayanihan SIM initiative gives underserved communities access to basic mobile connectivity, with PLDT‑Smart leveraging its extensive fixed‑fiber and mobile network infrastructure to bring the program to more remote locations.

EU–Philippines AI Lab targets research commercialization, investment

The Philippines and the European Union are advancing an artificial intelligence laboratory designed to bring research closer to market, attract investment and encourage responsible AI adoption across businesses and government.

Health & Science

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Opinion

Road rage is real

There are few things in life that can transform a perfectly reasonable Filipino into an aggrieved Elizabethan actor quite as quickly as a traffic dispute. The most demure women become tigresses. Soft-spoken gentlemen discover that their vocal cords have capabilities they never knew existed. People who would ordinarily apologize when someone steps on their shoes suddenly develop an unshakable conviction that the entire road system has been personally entrusted to their care. And the language. My goodness, the language.

Defending the peso: Marcos should remember 1997

The latest vow of President Ferdinand Marcos Jr. to defend the peso with the country’s foreign exchange reserves and policy tools invites a question: Has his administration forgotten the costly lessons of the 1997–1998 Asian financial crisis?

Tourism crossroads

Christmas is coming, and with it, the annual homecoming of thousands of overseas Filipinos eager to reunite with their families, enjoy familiar food, visit favorite destinations, and celebrate the holidays in the Philippines.

The game is never just a game

There are few things more amusing than watching otherwise sensible adults become unreasonable over a basketball game played by people young enough to be their children. A missed free throw becomes a character flaw. A referee’s call becomes evidence of a conspiracy. A victory is proof that an entire institution is superior, while a defeat is something that requires immediate explanation. The players may be the ones on the court, but the people in the stands often behave as though their own futures are at stake.

Sports & Entertainment

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Exclusive

FAST Logistics plots next leg beyond the truck

For FAST Logistics Group, the next leg of growth is not necessarily about moving more boxes faster. It is about making the entire journey work better.

The discipline behind SM’s 68 years in business

Building a business that lasts takes more than expanding into new markets. It requires sound decisions, careful management of risks, and the financial strength to withstand difficult periods.

iPeople targets 200,000 students with global expansion push

iPeople, the listed Yuchengco-Ayala education joint venture, is pursuing an expansion strategy built around international partnerships, new campuses and facilities, sustainability-focused programs, and deeper artificial intelligence integration as it aims to nearly triple its student population to 200,000.

Vivant Water sees 2026 as launchpad for bigger growth 

Vivant Water is treating 2026 as a pivotal year as it moves from building its presence across the water industry to scaling operations, investments, and its project pipeline.