Wednesday, 19 November 2025, 12:44 am

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    Recto moves to Palace’s top post; Frederick Go tapped as new Finance chief

    The Department of Finance (DOF) begins the week with a leadership change as Malacañang on Monday announced the appointment of Frederick L. Go as the agency’s new secretary. Go steps in following the resignation of Finance Secretary Ralph Recto, who has been swiftly promoted to Executive Secretary.

    News Dispatch

    Agriculture

    Dr. Mutia: Championing the treasures of Tama through science

    “Mother of the Maliputo and Tawilis”—the title sounds part local legend, part scientific street cred, and entirely earned by Dr. Maria Theresa Mutia, the Filipina fisheries expert whose work has safeguarded two of Taal Lake’s most precious species. 

    PCIC allots P571M for farmers’ Tino, Uwan insurance claims

    The Philippine Crop Insurance Corp. (PCIC) has earmarked an initial P571.3 million to compensate insured farmers hit by Typhoons Tino and Uwan, one of the government’s support measures as it works to speed up agricultural recovery from back-to-back climate shocks.

    DA eyes new agri-food partnerships after World Food India 2025

    The Department of Agriculture (DA) expects stronger agricultural and food industry ties after the Philippines took part in the World Food India 2025 event. On Monday, the agency said the participation could help the country expand its export markets and build new global partnerships.

    Typhoons ravage farms, but gov’t maintains 70-day rice buffer for 2026

    Agricultural losses from Typhoons Uwan and Tino have surged past ₱4.14 billion, with assessments still ongoing, according to the Department of Agriculture (DA). Uwan caused the bulk of the damage at ₱3.17 billion, battering over 34,000 farmers and nearly 26,000 hectares of farmland. High-value crops—vegetables, spices, fruits, legumes, root crops, coffee, and cacao—sustained ₱1.52 billion in losses, while rice farms accounted for ₱1.47 billion across multiple regions in Luzon and Eastern Visayas.

    Corporate

    Razon Group reshuffles execs after completing ₱50-B gas deal

    The Razon Group announced major leadership changes across its water and power units following Prime Infrastructure’s ₱50-billion acquisition of natural gas assets from First Gen.

    Anko opens 5th store in Metro Manila, eyes expansion

    Australia’s home and lifestyle brand Anko, backed by the Ayala Group, has opened its fifth store in the Philippines, located at Ayala Malls Feliz in Pasig. The new 1,570-square-meter branch aims to reach more shoppers in the eastern part of Metro Manila and nearby areas in Rizal.

    Jollibee Group earns higher MSCI ESG rating

    The Jollibee Group has received a BBB MSCI ESG Rating, signaling stronger management of environmental, social, and governance risks across its global operations. MSCI ESG Ratings range from CCC to AAA and assess how effectively companies handle key sustainability issues compared with industry peers.

    Maynilad locks concession extension, maps growth plan

    Maynilad Water Services Inc. has secured a major regulatory boost with a revised concession agreement (RCA) from the Metropolitan Waterworks and Sewerage System (MWSS), extending its concession to January 21, 2047.

    Banking & Insurance

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    Corporate Bulletins

    Jollibee Group earns higher MSCI ESG rating

    The Jollibee Group has received a BBB MSCI ESG Rating, signaling stronger management of environmental, social, and governance risks across its global operations. MSCI ESG Ratings range from CCC to AAA and assess how effectively companies handle key sustainability issues compared with industry peers.

    PNB execs honored for cybersecurity, digital fraud prevention

    The Philippine National Bank (PNB) strengthened its position as a security leader after two of its top executives were recognized at the 18th Security Management International Convention on October 27, 2025, in Manila.

    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.

    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

    T-Bill yields mixed as markets weigh risks

    Average rates on government treasury bills moved in mixed directions at Monday’s auction, with the shortest tenor edging higher as investors priced in political uncertainties, while longer maturities continued to ease on expectations of further monetary loosening after weaker third-quarter growth.

    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.

    Travel

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    Energy

    Hydro developers urge gov’t to weigh industry challengers in setting new FIT rates

    A group of run-of-river (ROR) hydropower developers is urging the government to consider real-world operating conditions as it sets new feed-in-tariff (FIT) incentive rates for upcoming ROR projects.

    Citicore Renewable earnings shine on solar surge 

    Citicore Renewable Energy Corporation (CREC) powered up its earnings in the first nine months of 2025, posting a 28 percent jump in net income to P966 million on the back of rising electricity sales and a rapidly expanding solar portfolio.

    4M power connections restored after typhoons

    The Department of Energy (DOE) said Monday that electricity has been restored to around 4 million of the 4.8 million homes and businesses affected by Typhoons Tino and Uwan.

    Prime Infra seals ₱50B deal for control of First Gen’s natgas assets

    Prime Infrastructure Capital Inc. (Prime Infra), led by tycoon Enrique Razon, has completed its ₱50-billion acquisition of a 60 percent stake in First Gen Corp.’s natural gas portfolio in Batangas City.

    Transport & Communications

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    Property

    Vista Land net income rises as cost crumble

    Vista Land and Lifescapes Inc., a property development unit...

    DoubleDragon earnings inch up as revenues surge

    Listed property developer DoubleDragon Corp. posted a modest rise in earnings for the first nine months of 2025 even as revenues surged, driven by the continued expansion of its recurring-income portfolio and the global rollout of its Hotel101 brand.

    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.

    Environment

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    Technology

    Tech firm warns of AI-driven cyber threat surge in 2025 report

    Mimecast has released its 2025 Global Threat Intelligence Report, warning that cybercriminals are shifting tactics to target people from every direction and overwhelm traditional security measures.

    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.

    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,...