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Food prices hold steady despite higher fuel costs

Food prices have remained broadly stable despite rising fuel costs, the Department of Agriculture (DA) said, suggesting that adequate supply is helping cushion the impact of higher logistics expenses.

News Dispatch

Agriculture

Food prices hold steady despite higher fuel costs

Food prices have remained broadly stable despite rising fuel costs, the Department of Agriculture (DA) said, suggesting that adequate supply is helping cushion the impact of higher logistics expenses.

Shorter crops, stronger roots: salt-tough rice, wheat

New research published in Molecular Plant, a partner journal of Cell Press, suggests that Green Revolution varieties aren’t just high-yielding, they are also better equipped to handle salty soils. That is a big deal, considering roughly 20 percent of the world’s cultivated land is affected by salinity, a creeping problem that stunts growth and cuts yields.

Ube steals spotlight as global food trend darling

Once tucked away in Filipino kitchens, ube is now enjoying a vivid rise on the world stage. The purple yam that flavored childhood treats is turning into a global obsession, catching the eye of trend-watchers and coffee chains alike.

SRA distributes P27M farm equipment to boost sugar industry

The Sugar Regulatory Administration (SRA) has distributed ₱27 million worth of farm machinery to several sugarcane groups to improve productivity and support the local sugar industry.

Corporate

CCPI to host fully booked ECOMP-P5 conference with top national leaders

The Chamber of Commerce of the Philippine Islands (CCPI) will hold its ECOMP-P5 Synergy Conference, titled “Actionize the Missions of Economic Compass Pillars 5,” featuring prominent leaders in governance, economic development, and capital markets.

Metrobank wins top honors again at PDS Awards

The Metropolitan Bank & Trust Co. (Metrobank) reinforced its dominance in the country’s financial markets after clinching top honors once again at the Philippine Dealing System Annual Awards held March 26 at Makati Diamond Hotel.

Cebu Airport recognized for regional service excellence

Travel through the Philippines’ central gateway continues to evolve as passenger experience becomes a key measure of airport performance across Asia-Pacific.

Park Inn Bacolod powers circular economy with biodiesel

Park Inn by Radisson Bacolod, operated under SM Hotels and Conventions Corp. (SMHCC), has deepened its circular economy program with the donation of 200 liters of biodiesel to residents of Barangay Singcang, Bacolod City, further advancing its waste-to-energy advocacy.

Banking & Insurance

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Corporate Bulletins

CCPI to host fully booked ECOMP-P5 conference with top national leaders

The Chamber of Commerce of the Philippine Islands (CCPI) will hold its ECOMP-P5 Synergy Conference, titled “Actionize the Missions of Economic Compass Pillars 5,” featuring prominent leaders in governance, economic development, and capital markets.

Metrobank wins top honors again at PDS Awards

The Metropolitan Bank & Trust Co. (Metrobank) reinforced its dominance in the country’s financial markets after clinching top honors once again at the Philippine Dealing System Annual Awards held March 26 at Makati Diamond Hotel.

Cebu Airport recognized for regional service excellence

Travel through the Philippines’ central gateway continues to evolve as passenger experience becomes a key measure of airport performance across Asia-Pacific.

Coins.ph  introduces rewards to boost user engagement

Coins.ph, the Philippines’ largest digital asset exchange and one of its fastest-growing mobile wallets, has introduced a points-based rewards program aimed at deepening user engagement through everyday transactions.

Social Responsibility & Sustainability

Park Inn Bacolod powers circular economy with biodiesel

Park Inn by Radisson Bacolod, operated under SM Hotels and Conventions Corp. (SMHCC), has deepened its circular economy program with the donation of 200 liters of biodiesel to residents of Barangay Singcang, Bacolod City, further advancing its waste-to-energy advocacy.

Clean energy firm, online grocer partner with Nueva Ecija farmers

Clean energy company First Gen Corporation and online grocery platform SukiGrocer have partnered with four farmer and fisherfolk groups to help improve livelihoods in Pantabangan.

SM Supermalls leads nationwide coastal cleanups for World Water Day

In observance of World Water Day, SM Supermalls, through its corporate social responsibility arm SM Cares, conducted coastal cleanup drives across six locations involving seven malls nationwide.

MPIF commits P12-M to protect Tubbataha Reefs over next fiur years

The Metro Pacific Investments Foundation (MPIF) has committed ₱12 million to support the protection of the Tubbataha Reefs Natural Park over the next four years.

Markets

Markets signal calm despite Middle East conflict risks

Global equities pushed higher Thursday as investors shrugged off ongoing tensions in the Middle East, with volatility signals suggesting markets see limited risk of further escalation.

Peso holds ground as USD tests technical ceilings

The peso is quietly reclaiming its footing, with the USD/PHP pair slipping for a second week (-0.3 percent) after a brisk four-week climb. 

Fake rider delivery scam exploits trust, urgency

Scam Watch Pilipinas warns the public about a “fake rider” scheme abusing Lalamove bookings after an attempted incident involving co-founder Art Samaniego.

IPOPHL expands anti-counterfeit drive to online markets

The Intellectual Property Office of the Philippines is intensifying its campaign against counterfeit goods, broadening enforcement to digital platforms and local communities as it pursues a “zero counterfeit” goal.

Travel

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Energy

Marcos suspends LPG, kerosene excise taxes for relief

President Ferdinand R. Marcos Jr. has issued the executive order suspending for three months the excise taxes on liquefied petroleum gas (LPG) and kerosene that aimed at cushioning households from elevated global oil prices amid an ongoing energy emergency.

Luzon Grid under yellow alert due to power plant outages

The Luzon power grid was placed under a yellow alert from 4 p.m. to 10 p.m. on Thursday, April 16, due to several power plants going offline.

Fuel price rollback seen next week; diesel may drop up to ₱20/L

A local fuel retailer said pump prices are expected to go down again next week, with gasoline possibly dropping by ₱2 to ₱3 per liter and diesel by as much as ₱18 to ₱20 per liter.

Bataan solar project set for public scoping on April 20

The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), will hold a public scoping on April 20, 2026 for a proposed solar energy project in Hermosa, Bataan.

Transport & Communications

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Property

Greenfield builds green spine linking homes to MRT 

Greenfield Development Corp. has broken ground on a one-kilometer “Diagonal Park,” a pedestrian-first corridor designed to stitch together Greenfield District and provide a direct, safer link to the Manila Metro Rail Transit System Line 3 via Shaw Boulevard Station.

Clark Picnic Grounds opens April 18 Freeport boost 

The Clark Picnic Grounds is set to open to...

AppleOne launches mixed-use Mahi Center near Cebu airport

Property developer AppleOne Group Inc. has officially launched Mahi Center, a new mixed-use development on Mactan Island, expanding its portfolio in Cebu.

SM MOA Arena surpasses 2,400 total shows milestone

SM Mall of Asia Arena has crossed more than 2,400 shows since opening in 2012, cementing its position as the Philippines’ premier indoor events venue amid rising demand for large-scale entertainment and sports productions.

Environment

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Technology

Philippine-built AI ERP challenges global software giants

Enterprise software firm HashMicro is positioning its locally developed platform as a challenger to established global systems, as more Philippine companies invest in digital tools to boost efficiency and profitability.

Palo Alto Networks launches AI-focused cybersecurity tools in ASEAN

Global cybersecurity firm Palo Alto Networks has rolled out a new suite of security solutions across ASEAN markets, including the Philippines, as enterprises grapple with rising risks tied to cloud computing and artificial intelligence.

Globe’s subsea cable investment seen to supercharge PH digital ambitions

Globe Telecom Inc is poised to significantly boost the country’s global connectivity with its entry into the Candle Cable System, a major subsea network across Asia, a report by BMI said.

Globe Business launches real-time data platform to boost AI in PH firms

Globe Business has introduced a new Managed Data Streaming Platform in partnership with Confluent to help Philippine companies improve their use of artificial intelligence (AI).

Health & Science

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Opinion

A house divided: Lopez family rift tests corporate governance

“Every kingdom divided against itself is brought to desolation, and every house divided against itself will not stand.” In the Lopez corporate universe, the verse now reads less like scripture and more like a live governance case file—complete with injunctions, contested boardrooms, and competing versions of who nearly switched off the lights.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Fuel crisis or policy gap?

Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.

Choked Hormuz puts global food supply at risk

Food, not fuel, may prove the first and most immediate casualty of the Middle East conflict as disruption grips the Strait of Hormuz, a narrow sea lane with an outsized role in feeding the world.

Sports & Entertainment

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Exclusive

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.

PSAC urges stronger funding for Philippines startups 

The Private Sector Advisory Council is raising a clear warning. In a recent meeting with the Department of Trade and Industry, PSAC said the Philippine startup scene is slipping behind Southeast Asian peers, not for lack of ideas but for lack of capital that actually moves.

Tariffs rattle, AI thrives: Gruppo EMS builds ahead 

Amid escalating US-China trade tensions and renewed tariff uncertainty from Washington, EMS Group of Companies is expanding production, accelerating its push into artificial intelligence hardware, and positioning the Philippines as an increasingly strategic alternative manufacturing base for global electronics firms.

Aboitiz focus on industry, townships follow jobs

For three decades, the Aboitiz Group has been quietly building a real estate portfolio that spans homes, offices, and commercial spaces. But in recent years, it has made a deliberate pivot away from crowded residential battlegrounds toward a less glamorous, far more strategic corner of the market: industrial development. The bet is simple but bold—build where factories, logistics, and infrastructure go first, and let communities grow organically around them.