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BSP delivers 50-basis-point rate hike to 5.50% to tame stubborn inflation

The Bangko Sentral ng Pilipinas elevated its benchmark interest rate by 50 basis points to 5.50 percent during its October 2026 monetary policy meeting, stepping up its fight against persistent price pressures.

News Dispatch

Agriculture

Budget watchdog participation welcomed in gov’t road projects

The Department of Agriculture (DA) has formally welcomed the support of budget monitoring group People’s Budget Coalition (PBC) in overseeing the implementation of the government’s farm-to-market road (FMR) projects, citing enhanced accountability, proper use of public funds, and stronger rural development as key benefits.

Dry spell escalates agri losses to P8.57 billion 

Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.

PH ships 32,000 young coconuts to Liberia, opening new African markets

The Department of Agriculture (DA) and Davao-based Abante Agri-Products Philippines Inc. have shipped 32,000 fresh young coconuts (buko) to Monrovia, Liberia, marking a milestone that could unlock new West African export opportunities for Philippine agriculture.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

Corporate

DICT, SSS team up to support Filipino digital workers 

The Department of Information and Communications Technology (DICT) and the Social Security System (SSS) have partnered to boost skills training and social security access for Filipino freelancers and online professionals.

Unlicensed platforms misuse registered lender’s identity

The Securities and Exchange Commission (SEC) has issued a public warning against four online lending platforms operating without the required license: Cashai, Cashay Plus: Fast Cash Loan (Early Access), Cash-X: Easy Online Loan App, and Cash A: Easy Online Loan App.

BPI bolsters cybersecurity for customers and shareholders

The Bank of the Philippine Islands (BPI) is ramping up its cybersecurity framework and advancing responsible digital banking at a time when digital services have become central to daily financial life.

New water systems bring clean water and relief to remote Sarangani barangay

The Department of Environment and Natural Resources has completed three community water supply systems in Barangay Datal Anggas, providing over 1,000 households across three sitios with direct access to clean, potable water.

Banking & Insurance

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Corporate Bulletins

DICT, SSS team up to support Filipino digital workers 

The Department of Information and Communications Technology (DICT) and the Social Security System (SSS) have partnered to boost skills training and social security access for Filipino freelancers and online professionals.

BPI bolsters cybersecurity for customers and shareholders

The Bank of the Philippine Islands (BPI) is ramping up its cybersecurity framework and advancing responsible digital banking at a time when digital services have become central to daily financial life.

New water systems bring clean water and relief to remote Sarangani barangay

The Department of Environment and Natural Resources has completed three community water supply systems in Barangay Datal Anggas, providing over 1,000 households across three sitios with direct access to clean, potable water.

JPMorganChase earns two awards for workplace inclusion

JPMorganChase has received two major distinctions at the 2026 Bahaghari Awards organized by Philippine Financial and Inter-Industry PRIDE (PFIP), highlighting its efforts to advance LGBTQ+ inclusion, employee engagement and workplace diversity in the Philippines.

Social Responsibility & Sustainability

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.

CHP cement plants recycle 50 million liters of water annually

Concreat Holdings Philippines (CHP) is recovering and reusing 50 million liters of water annually across its cement plants in Cebu and Rizal, bolstering efforts to conserve freshwater as climate extremes put pressure on water resources.

Markets

Landmark GCash debut ignites mass retail stock market participation

In a historic milestone for the Philippine financial sector, Mynt, the operating entity behind the country's leading fintech platform GCash, successfully staged the nation's largest initial public offering to date, raising 60.9 billion pesos. The maiden share sale marked a defining moment for domestic capital markets, demonstrating how digital ecosystems can democratize investing and activate a new generation of retail investors.

BSP rate call, GCash IPO set tone for volatile market

Philippine stocks enter Monday caught between the promise of...

Stocks face cautious trading as inflation, rate risks mount

Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.

Forensic accounting connects the dots

Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.

Travel

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Energy

Mining groups flag regulatory risks in new DOE-DENR joint order

The major mining associations have raised concerns over newly issued joint rules from the Department of Energy and the Department of Environment and Natural Resources, warning key provisions could create investment uncertainty and undermine existing legal rights. In a joint statement on Thursday, the Chamber of Mines of the Philippines and Philippine Nickel Industry Association said they back the government's goal of responsible resource development, but said Joint Administrative Order 2026-01 carries provisions that may conflict with existing laws, create uneven competition, and raise long-term investment risks. Their concerns include requirements that could force existing operators to surrender privately owned assets when contracts end, bidding rules that weigh closure costs against current operators unequally, and evaluation criteria that appear to downplay established operational experience and environmental performance. The groups emphasized policy consistency and respect for existing agreements remain essential to keeping the mining sector an economic driver and meeting the country's ease-of-doing-business goals, caution that unclear rules could also hurt ongoing efforts to attract foreign investment in critical minerals such as silica. Semirara Mining and Power Corporation has also raised separate concerns, noting the draft bidding framework would require it to hand over heavy equipment and facilities as a condition to bid on its own operating area, while new entrants face no such requirement and selection appears based primarily on bid price. The Department of Energy has acknowledged concerns, temporarily pausing bidding for several coal blocks in Antique, Cagayan and Isabela to revise evaluation standards, though it expects the process to resume by November or December this year. The department has yet to release final revised rules, with Semirara Mining's current contract set to expire in July 2027.

PSALM’s failed ₱11-B property auction highlights debt and asset mobilization delays

The Power Sector Assets and Liabilities Management Corp. (PSALM) suffered a setback in its privatization drive after the bidding for its prime 39,698-square-meter Diliman property in Quezon City failed when none of the three interested firms submitted bids or paid participation fees. Holding a minimum price tag of P11.09 billion, the prime real estate asset represents a major financial opportunity for the state-run entity as it works to liquidate government power assets. PSALM now plans a second attempt next year, requiring a revised marketing strategy and new auction guidelines.

Pampanga hospital inks landmark renewable energy deal with First Gen

Mother Teresa of Calcutta Medical Center (MTCMC) has signed a renewable energy supply agreement with First Gen, becoming the first hospital in Pampanga to switch to clean power under the government’s Retail Aggregation Program.

Philippines to advance low-carbon cement across ASEAN

The Philippines will promote low-carbon cement production, alternative fuels and energy-efficient technologies across Southeast Asia as it assumes the presidency of the ASEAN Federation of Cement Manufacturers (AFCM) for 2026–2028, balancing environmental goals with the industry’s competitiveness.

Transport & Communications

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Property

Hotel101 breaks into Africa with $102M Egypt deal

DoubleDragon Corp.’s Hotel101 Global Holdings Corp. is taking its Filipino hotel brand to Africa, signing a countrywide development agreement in Egypt anchored by a planned 750-room property in Cairo worth an estimated USD102.1 million.

Government agencies fuel Bay Area office market recovery

Government agencies are emerging as a significant driver of demand for quality office space in Metro Manila’s Bay Area, capitalizing on competitive rental rates and available properties as the district adjusts to the exit of Philippine offshore gaming operators (POGOs).

Pavia transforms from quiet town to thriving Iloilo growth hub

Pavia, long known as a simple, quiet town in Iloilo, has steadily evolved into a dynamic agro-industrial center, bringing noticeable changes to its community atmosphere that carry meaningful benefits for local property owners and business operators alike. Where once the area was defined by its slow-paced provincial charm, it now balances that familiar calm with growing vibrancy, serving as home to a rising number of manufacturing firms, commercial hubs, and carefully planned residential communities.

Philippine housing licenses set to reach 5-year high

The Philippine housing sector could record its highest number of residential units issued licenses to sell (LTS) in five years in 2026, as stronger developer activity and expanded government housing initiatives support prospective supply , growth, according to the Department of Human Settlements and Urban Development (DHSUD).

Environment

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Technology

EU, Philippines launch AI lab to draw investment, boost industry 

The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.

Transparency key to PH digital gains — Converge chief

Converge ICT CEO Dennis Anthony Uy is calling for stronger transparency and accountability, saying good governance is essential to turn the Philippines’ digital ambitions into real economic progress.

New DICT chief bares revamp plan; affordable internet for Filipinos

Newly installed Department of Information and Communications Technology Secretary Robert Joseph M. de Claro is pushing for an organizational restructuring to boost the department’s performance and deliver more effective digital public services to Filipinos.

BCDA plans power, digital upgrades to attract New Clark investors

The Bases Conversion and Development Authority (BCDA) is exploring new energy and telecommunications infrastructure to strengthen New Clark City’s appeal to investors, with proposed projects targeting reliable electricity and improved digital connectivity.

Health & Science

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Opinion

SC reminds Congress that budgeting has bounds

Congress has been reminded that the national budget is not a wish list, a political buffet, or an ATM where lawmakers can increase the withdrawal limit simply because the money looks lonely.

When the game becomes a bet

There was a time when watching a basketball game largely meant arguing about the referee, questioning the coach’s substitutions, and insisting that the player who missed three free throws should have been benched in the second quarter. These remain perfectly respectable ways to ruin a Sunday afternoon. Of late, however, there is increasingly another reason to get worked up over a game: money.

Haay naku! The fine art of being charged for breathing near your bank account

Quite a lot of us have had the experience. We open our banking app to send P500 to a godson for his birthday, and the screen politely informs us that this act of generosity will cost us P25. Nakagulat. Five percent of our kindness, gone—not to our godson, not to charity, but to a fee whose only visible purpose is to exist. Haay naku.

Put down the pitchforks; let Alex play

Apparently, the moment Alex Eala cracked the WTA top 20, she also signed an imaginary contract to win every match.

Sports & Entertainment

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Exclusive

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.

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.