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Marcos orders rice imports, farmer aid as super El Niño looms 

President Ferdinand Marcos Jr. has ordered early rice imports and livelihood assistance for farmers as the Philippines prepares for a “super El Niño” that could disrupt agricultural production, water supplies and electricity generation through March 2027.

News Dispatch

Agriculture

DA chief pushes ASEAN Integration, highlights “Big Brother” mentorship to empower farmers

Agriculture Secretary Francisco P. Tiu Laurel Jr. underscored the critical need for regional cooperation and enhanced market linkages to secure food supplies across Southeast Asia.

Philippines targets $57 million agri-investments at Rome forum

The Philippines is pitching for more than $57.4 million in new investments across five key farm and food sectors at this week’s Hand-in-Hand Initiative Investment Forum in Rome, according to the Food and Agriculture Organization (FAO). The push builds on the country’s first national investment forum held in March, and marks a major shift toward drawing in private and international financing instead of relying only on traditional aid.

NFA cites funding gap in meeting 15-day rice buffer stock target

The National Food Authority (NFA) is struggling to meet the government’s 15-day rice buffer stock requirement as stagnant funding, limited storage and inadequate logistics constrain its ability to buy more palay from Filipino farmers.

ADB offers $500M emergency funding as El Niño risks loom

The Asian Development Bank (ADB) is ready to provide the Philippines with up to USD500 million in emergency financing to help address disasters, including the potential impact of a severe El Niño episode, although the government has yet to request additional assistance.

Corporate

Manulife Philippines named HR Asia Best Employer

Manulife Philippines has been recognized as one of HR Asia’s 2026 Best Companies to Work for in Asia, also taking home the Tech Empowerment Award and People Transformation Award.

GCash IPO draws massive public demand, signals strong growth potential for Philippines’ top fintech

The initial public offering of Mynt Inc., the company behind leading digital wallet GCash, has drawn overwhelming demand from investors, with many brokers reporting subscriptions far exceeding the shares available.

SEC shuts down fake lending page, warns vs illegal investments

The Securities and Exchange Commission (SEC) has ordered the unauthorized Facebook page "Cash-Express Payday Loan" to cease operations immediately. The page is illegally copying the name and branding of legitimate firm Cash-Express Philippines Financing Inc., which has confirmed it has no link or affiliation with the account whatsoever.

BPI wins honors at Alpha Southeast Asia Awards 2026

The Bank of the Philippine Islands (BPI) earned eight top awards at the Alpha Southeast Asia Awards 2026, one of the region’s most prestigious financial honors.

Banking & Insurance

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Corporate Bulletins

Manulife Philippines named HR Asia Best Employer

Manulife Philippines has been recognized as one of HR Asia’s 2026 Best Companies to Work for in Asia, also taking home the Tech Empowerment Award and People Transformation Award.

BPI wins honors at Alpha Southeast Asia Awards 2026

The Bank of the Philippine Islands (BPI) earned eight top awards at the Alpha Southeast Asia Awards 2026, one of the region’s most prestigious financial honors.

GCash CEO Sazon earns third straight Fortune Asia recognition

Martha Sazon, president and CEO of Mynt, the parent company of GCash, has been named to Fortune’s Most Powerful Women Asia list for 2026, extending her run on the regional ranking to three consecutive years.

Metrobank ranks #1 in both local and G3 bonds at The Asset Benchmark Research Awards 2026

Metropolitan Bank & Trust Co. (Metrobank) has clinched first place among Philippine banks and securities firms in both the Local Currency Bonds and G3 Bonds categories of The Asset Benchmark Research Awards 2026, affirming its leadership across domestic and international bond markets.

Social Responsibility & Sustainability

BDO Foundation expands digital access for 20,000 learners 

More than 20,000 learners and 700 educators across 13 schools and learning institutions now have greater access to digital tools through more than 180 desktop computers and laptops donated by BDO Foundation.

Tau Omega Mu to hold CamSur free medical, vet clinics Oct. 24-25 

The Tau Omega Mu Fraternity and Ladies Circle (TOM), in coordination with partner healthcare professionals, local government units, and civic organizations, will hold a series of free medical and veterinary clinics in the towns of Siruma, Pili, and Tigaon in Camarines Sur from Oct. 24 to 25, 2026.

Globe, Taguig train seniors on digital safety amid rising cyber fraud

The program responds directly to growing cyber risks targeting older Filipinos. CICC data shows consumer fraud was the top complaint among seniors in 2025, with this group uniquely vulnerable to phishing, smishing, investment scams, “budol” tactics, romance fraud, and deceptive offers.

Lifesaver on Wheels: LG turns over ₱1.6-M ambulance to Laguna upland village

Barangay Galalan in Pangil, Laguna, finally has its own ambulance through LG Electronics Philippines’ “Life Saver on Wheels” project, ending years of relying on makeshift transport for emergencies.

Markets

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.

GCash shares start as few as 100 shares or only P660 for retail investors

Mynt Inc., GCash’s operator, lets the public buy shares for as low as 100 shares — just P660 at P6.60 apiece — far lower than the usual 1,000-share minimum for small investors.

Depressed valuations could drive Philippine stocks higher

Philippine equities may be approaching a potential re-rating as depressed valuations increasingly reflect concerns over elevated borrowing costs, peso weakness and a fragile domestic macroeconomic backdrop. With the broader market trading at roughly eight times earnings, valuations suggest investors are pricing in substantial pessimism, creating room for upside if economic conditions stabilize and confidence improves.

Travel

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Energy

Mixed fuel price adjustments for second straight week: lower diesel, higher gasoline and kerosene 

For the second week in a row, Filipinos will see mixed changes in fuel prices starting Tuesday. The Department of Energy confirmed Monday that gasoline will go up by P1.56 per liter and kerosene by P1.77 per liter, while diesel will drop by a bigger P3.01 per liter. As of Tuesday morning, only Seaoil has officially announced these new rates, matching the adjustments noted by the DOE. Last week, gasoline rose P1.93 per liter, kerosene P3.30 per liter, and diesel dipped P1.30 per liter.

ERC approves Negros Power’s P3.73B investment plan to boost power services

The Energy Regulatory Commission (ERC) has given the green light to Negros Electric and Power Corp.’s (NEPC) P3.73 billion capital expenditure program from 2024 to 2026, paving the way for major upgrades across its service areas in Central Negros.

Meralco to refund ₱2.64B over six months, starting soon

The Energy Regulatory Commission (ERC) has directed Manila Electric Company (Meralco) to return a net total of P2.64 billion to its customers, to be spread over roughly six months rather than the full year the company originally proposed, with the rebate likely showing up at the next billing cycle.

Advocates push faster pace for nuclear energy rollout amid rising power demand 

Rising electricity demand is placing growing strain on the Philippines’ power system, prompting President Ferdinand Marcos Jr. to recently call for a fresh look at nuclear energy as part of the country’s national energy grid during his State of the Nation Address. But one lawmaker says revisiting the issue is not enough—the government must move quickly from discussion to action.

Transport & Communications

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Property

Gov’t expands housing access with developers, cheaper loans

The government is expanding its flagship housing program by bringing more private developers on board and offering subsidized financing, as it seeks to make homeownership more attainable for Filipino families amid varying budgets and property prices.

BCDA, Pag-IBIG partner to develop housing projects

The Bases Conversion and Development Authority (BCDA) and Pag-IBIG Fund are teaming up to develop housing and other projects on BCDA-owned properties, starting with about 14 hectares in New Clark City.

Metro Manila office demand eases in Q3; tenants shift to knowledge, health sectors

Prime Philippines reports office demand softened slightly in the third quarter, with total space rented edging down to 53,200 square meters from 53,300 square meters in the previous three months.

Mall developers pivot to upgrades as shopping habits evolve

Philippine mall developers are easing off rapid expansion and putting more capital into redevelopments, upgrades and premium lifestyle concepts as changing consumer preferences reshape the retail landscape.

Environment

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Technology

DICT chief Aguda vows smooth transition amid resignation, continuity of digital programs ensured

Department of Information and Communications Technology (DICT) Secretary Henry Aguda has committed to a seamless handover following his resignation, assuring the public that key digital programs and department operations will continue without disruption.

Philippines leads ASEAN in e-wallet scam payments, AMRO says 

The Philippines recorded the region’s highest reported use of e-wallets for scam payments, with 74 percent of Filipino scam victims who lost money saying they paid through digital wallets, compared with a 34 percent ASEAN average, according to a report by the ASEAN+3 Macroeconomic Research Office (AMRO).

Marcos confirms Aguda resignation, rules out Dizon transfer 

President Ferdinand Marcos Jr. has confirmed accepting the resignation of Information and Communications Technology Secretary Henry Aguda, while ruling out for now the possible transfer of Public Works Secretary Vince Dizon back to the Department of Transportation (DOTr).

Baguio City rolls out AI business tool under PLDT-Smart initiative

Baguio City is piloting an AI-powered system to help entrepreneurs quickly confirm if their proposed venture complies with local zoning rules, developed through the AI-in-a-Box program by PLDT and Smart.

Health & Science

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Opinion

The trouble with counting medals

Filipinos have a curious relationship with the medal table. We like to see our flag climbing it, preferably past countries with larger populations, bigger budgets, and considerably more athletes. We count golds, compare totals, calculate rankings, and wonder whether we could have done better. A silver medal is celebrated, of course, but not before someone observes that it could have been a gold.

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.

Pompano, inflation and the art of voting

Where I live, Thursday mornings are dedicated to the ritualistic pilgrimage to the local talipapa, a humble expedition to secure a week’s worth of sustenance for the household. Our modest needs are dictated less by appetite and more by the pragmatic demands of advancing age. Reaching for a favorite, I inquired about the price of a kilo of pompano—a fish that, not so long ago, went for a respectable ₱440.

The car can help, but it cannot drive for you

Cars have become remarkably good at worrying about us. They can warn when we are drifting out of a lane, tell us when another vehicle has entered our blind spot, apply the brakes when we fail to notice something ahead, and, in some cases, even keep themselves pointed in the right direction while traffic crawls along. It is an extraordinary development, particularly in a country where driving is akin to participating in a live-action negotiation with several hundred strangers. The problem is that the smarter the car becomes, the greater the temptation for us to become slightly less smart ourselves.

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.