Sunday, 16 November 2025, 12:10 am

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    BSP: Reliable data key to policies that truly help Filipinos

    The Bangko Sentral ng Pilipinas (BSP) stressed the crucial role of accurate and accessible data in shaping policies that improve the lives of Filipinos.

    News Dispatch

    Agriculture

    DA rolls out aid after Typhoons Tino, Uwan

    Agriculture Secretary Francisco P. Tiu Laurel Jr. said the Department of Agriculture has mobilized emergency aid and farm inputs to help farmers and fisherfolk swiftly recover from the two tropical cyclones that struck the country just days apart, leaving a trail of damage across key agricultural areas.

    ASF outbreak cools La Loma coals

    Quezon City has ordered the temporary shutdown of 14 lechon restaurants in the famed La Loma strip after veterinary inspectors found hogs kept on-site were infected with African swine fever (ASF), a virus deadly to pigs and ruinous to business.

    Palay prices rise in October amid import ban

    Palay prices in the Philippines inched up to P15.89 per kilo in October from P15.60 in September, following the government’s rice import ban aimed at boosting farm gate prices, according to data from the Philippine Statistics Authority.

    Tino, Uwan typhoons wreck P743.8-M worth of crops

    The twin blows of tropical systems Tino and Uwan have caused an estimated ₱743.83 million in agricultural damage across several regions, according to the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center.

    Corporate

    Manila Water profit soars as efficiency push, tariff gains strengthen core

    Manila Water delivered another robust period of double-digit growth, with net income rising 25 percent to nearly ₱12.6 billion on the back of strong performance from its East Zone and NEZ PH operations.

    SMC sends fresh aid to Cebu after Typhoon Tino

    San Miguel Corp. (SMC) has delivered new relief supplies to Cebu, where thousands of people are still staying in evacuation centers more than a week after Typhoon Tino hit on November 4.

    A Brown books breakout earnings on divestment

    A Brown Company, Inc. reported a dramatic earnings surge for the nine months ended September 30, 2025, riding on stronger core operations and a major divestment gain that transformed its third quarter results.

    Xurpas completes equity restructuring plan

    Xurpas Inc. has completed an equity restructuring to erase its P3.2 billion accumulated deficit, the company said in a Philippine Stock Exchange filing.

    Banking & Insurance

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    Corporate Bulletins

    MGen donates P17.3-million lighting system to Iloilo football ground

    Meralco PowerGen Corp. (MGen), through its subsidiary Panay Energy Development Corp., has funded a P17.3-million lighting system for the La Paz Football Ground in Iloilo City.

    BPI expands free cash withdrawal service across Robinsons Retail stores nationwide

    The Bank of the Philippine Islands (BPI) has expanded its Partner Store Services across Robinsons Retail Holdings Inc. (RRHI), allowing customers to withdraw cash for free through the BPI app at RRHI stores nationwide.

    RCBC Credit Cards launches Travel Fair 2025 with exclusive deals, prizes

    RCBC Credit Cards is inviting cardholders to plan their next big adventure at the RCBC Travel Fair 2025, happening November 13 to 16 at the South Wing Atrium of GH Mall. This year’s theme, “Adventure Unlimited,” highlights exclusive travel deals, raffle prizes, and special perks for RCBC cardholders—perfect for those planning trips through October 2026.

    Uwan loses strength, headed toward West Philippine Sea

    Typhoon Uwan weakened after slamming into the Sierra Madre mountains late Sunday but retained its fierce winds. PAGASA lifted Signal No. 5 yet maintained Signal No. 4 over parts of Abra, Benguet, Ifugao, Ilocos Sur, Mt. Province, Nueva Ecija, Nueva Vizcaya, La Union, and Pangasinan. Moving west-northwest at 20 kilometers per hour, Uwan’s center is expected to reach the West Philippine Sea by Monday night, where it may regain strength before veering toward Taiwan. The NDRRMC reported that about 836,000 people across eight regions have been affected, with roughly one-third now sheltering in evacuation centers. Damage and casualty reports are still being collated.

    Social Responsibility & Sustainability

    SMC sends fresh aid to Cebu after Typhoon Tino

    San Miguel Corp. (SMC) has delivered new relief supplies to Cebu, where thousands of people are still staying in evacuation centers more than a week after Typhoon Tino hit on November 4.

    Dr. George Yang opens 52nd Bahay Bulilit Learning Center in Biñan, Laguna

    McDonald’s Philippines Founder and Chairman Dr. George T. Yang has opened the 52nd Bahay Bulilit Learning Center in Barangay Poblacion, Biñan, Laguna, through Ronald McDonald House Charities (RMHC) Philippines.

    Aboitiz Foundation leads typhoon relief efforts across Visayas and Mindanao

    The Aboitiz Foundation, in collaboration with various Aboitiz business units under the OneAboitiz initiative, has launched extensive relief and recovery operations for communities affected by Typhoon Tino across Cebu and other areas in the Visayas and Mindanao.

    Foodpanda marks World Food Day with outreach in Metro Manila

    Foodpanda, operated by Delivery Hero Philippines Inc., teamed up with Scholars of Sustenance (SOS) Philippines and the Bureau of Jail Management and Penology (BJMP) to mark World Food Day with a series of community outreach efforts across Metro Manila.

    Markets

    OceanaGold Philippines now trades in US OTCQX

    OceanaGold (Philippines) Inc. has qualified to trade on the OTCQX® Best Market in the United States, starting today under the symbol “OGPIF.” U.S. investors can access real-time quotes and financial disclosures at www.otcmarkets.com.

    Disney shares slide on weak revenue, linear TV

    Shares of The Walt Disney Co. fell 7.8 percent Thursday as investors focused on weaker-than-expected revenue and ongoing struggles in its linear TV business, overlooking strong profit and subscriber growth.

    MPTC gets SEC nod for up to ₱20 billion bond sale

    Metro Pacific Tollways Corp. (MPTC) has received pre-effective approval from the Securities and Exchange Commission (SEC) for its planned public offering of up to ₱15 billion in fixed-rate bonds, with an additional ₱5 billion oversubscription option. The bonds may be issued in up to three series with tenors of 3, 5, or 10 years.

    IBM soar on quantum computing breakthroughs

    Shares of International Business Machines (IBM) surged to a record high Wednesday after the tech giant unveiled major quantum computing breakthroughs at its Quantum Developer Conference, signaling a leap toward commercial quantum advantage by 2026 and fault-tolerant quantum systems by 2029.

    Travel

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    Energy

    Aboitiz Renewables expands portfolio with energization of San Manuel solar plant

    Aboitiz Renewables, Inc., the renewable energy arm of Aboitiz Power Corp., has energized its 92.55-megawatt peak (MWp) San Manuel solar power plant in Pangasinanrr, marking another milestone in the company’s nationwide clean-energy expansion. The facility is the firm’s third solar project in Pangasinan, joining the Cayanga-Bugallon and Laoag solar plants.

    A Brown books breakout earnings on divestment

    A Brown Company, Inc. reported a dramatic earnings surge for the nine months ended September 30, 2025, riding on stronger core operations and a major divestment gain that transformed its third quarter results.

    Alternergy Launches Retail Power Unit

    Renewable energy trailblazer Alternergy Holdings Corp. is strengthening its position in the power industry with the launch of its retail electricity supply arm, ALTER Power RES, Inc. (ALTER Power), after securing approval from the Securities and Exchange Commission.

    Top Line income surges on strong fuel sales

    Listed fuel distributor and retailer Top Line Business Development Corp. (TOP) maintained its strong momentum in the first nine months, with gross revenues climbing 27 percent to P3.09 billion from P2.44 billion a year earlier.

    Transport & Communications

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    Property

    Cebu Landmasters profit boosted by steady property market in VisMin

    Steady demand for housing and a diversified portfolio kept Cebu Landmasters Inc. (PSE: CLI) on a growth path, with net income in the first nine months of 2025 rising 6 percent to up P3.1 billion from up P2.9 billion last year.

    SM Prime, Iloilo City unveil redeveloped Central and Terminal Markets

    SM Prime Holdings Inc., in partnership with the Iloilo City Government, has opened the newly redeveloped Iloilo Central and Terminal Markets, transforming two of the city’s oldest public spaces into modern community hubs.

    Filinvest Land rides leasing momentum to P3.64B net income

    Filinvest Land Inc., the property development arm of the Gotianun group, posted a 5 percent increase in net income to P3.64 billion for the first nine months of 2025, up from P3 billion a year earlier. Consolidated revenues grew 9 percent to P20.08 billion, led by steady leasing performance and robust residential sales.

    Ayala Land nets P21.4B in 9-month on steady growth

    Property development giant Ayala Land, Inc. (ALI) booked a net income of P21.4 billion in the first nine months ended September 30, supported by stable property development earnings and the steady expansion of its leasing and hospitality portfolio. Consolidated revenues climbed to P121.8 billion during the period.

    Environment

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    Technology

    MediaTek launches new processor to power next-generation Chromebooks

    MediaTek has introduced the new Kompanio 540 processor, built to deliver fast, efficient performance for lightweight Chromebooks used in classrooms and beyond. Designed for students and educators in a digital-first world, the chip promises smooth multitasking, longer battery life, and quiet, fanless operation.

    iProov sets benchmark for AI-resistant biometric security

    iProov has claimed the distinction as the first and only company to meet the biometric verification requirements of the newly released NIST Special Publication 800-63-4 Digital Identity Guidelines, which set the U.S. federal standard for secure digital identity.

    Globe advances online security with Next-Gen API solutions

    Globe Telecom is stepping up efforts to boost online security nationwide through its growing application programming interface (API) ecosystem. The company is moving beyond traditional one-time passwords (OTPs) toward next-generation authentication methods designed to better protect users from phishing and online fraud.

    Amazon, OpenAI forge $38B AI cloud deal

    Amazon Web Services and ChatGPT owner OpenAI have entered into a multi-year strategic partnership valued at USD38 billion, one of the largest infrastructure deals in artificial intelligence to date. 

    Health & Science

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    Opinion

    Nets, nations, and the stingy sea

    It was an easy, sun-splashed Sunday morning on the shores of Bagac.

    Transparency on Trial: ICI to livestream hearings amid public outcry

    The Independent Commission for Infrastructure (ICI) is opening its floodgates—digitally. Soon, the commission will livestream its proceedings, bowing to public pressure for transparency that has swelled louder than the floods the controversial infrastructure projects failed to contain.

    Cebu quake exposes structural, systemic fault lines

    The recent 6.9-magnitude earthquake that struck Bogo City, Cebu on September 30, offers more than just a regional wake-up call—it delivers a national warning.

    World Food Day: The feast, the famine, and the fix

    The world produces more than enough food. Yet 673 million people still go hungry. This is not a failure of farming—it is a failure of fairness.

    Sports & Entertainment

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    Exclusive

    Boeing deepens strategy cuts as operations take center-stage – sources

    Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, people familiar with the matter said.

    Maynilad may consider sourcing water from Manila Bay if desalination cost eases to affordable levels

    Maynilad Water Services Inc., the water utility of Metro Pacific Investment Corp., may consider Manila Bay as source of potable water for its concession area in Metropolitan Manila and nearby towns if the cost of desalination comes down or large consumers such as factories start extracting water from the salt-water bay for their needs.

    Converge mulls sale-leaseback deal for fiber network, plans dividend payout

    With the aggressive fiber network rollout behind it, Converge...

    Converge’s Dennis Anthony Uy Plans $1 Billion “Silicon Valley” Project In Pampanga

    Dennis Anthony Uy, co-founder of publicly listed Converge ICT,...