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ASEAN pushes energy, food, citizen protection priorities 

President Ferdinand Marcos Jr. highlighted at the close of the 48th Association of Southeast Asian Nations Summit on Friday in Cebu the bloc’s new focus on energy security, food resilience, and protection of nationals amid ongoing global crises.

News Dispatch

Agriculture

BFAR gives fishing vessel, aid to fisherfolk in Batanes

The Bureau of Fisheries and Aquatic Resources (BFAR) has...

Bounty Fresh bolsters gamefowl feed options with Warhawk acquisition 

Bounty Fresh Group Holdings has strengthened its foothold in the poultry sector through the acquisition of Warhawk, a leading gamefowl feed brand, now officially part of its subsidiary, Inoza Feeds.

DA rolls out nitrate-testing labs to improve food safety

The Department of Agriculture (DA) is investing P55 million to strengthen food safety monitoring by upgrading laboratories that can detect nitrate and nitrite contaminants in vegetables and other plant-based foods.

DA ramps up swine repopulation to recover from ASF losses

The Department of Agriculture (DA) is speeding up efforts to rebuild the country’s hog industry after heavy losses from African Swine Fever (ASF).

Corporate

Globe Business strengthens AI push with AAP alliance

Globe Business has signed a two-year strategic partnership with the Analytics and Artificial Intelligence Association of the Philippines (AAP) to help organizations in the Philippines adopt artificial intelligence (AI) more effectively in daily operations.

Cosco profit jumps on retail demand recovery momentum

Cosco Capital Inc., the listed retail holding firm of businessman Lucio L. Co, posted stronger earnings in the first quarter of 2026 as improving consumer demand and broad-based growth across its portfolio lifted both revenues and profitability.

Keepers drinks up growth on strong brandy demand

Lucio Co-led The Keepers Holdings Inc., the country’s largest importer and distributor of alcoholic beverages, posted stronger earnings in the first quarter as resilient consumer demand and a rebound in spirits consumption lifted volumes, led by the imported brandy segment.

DMCI profit slips in Q1, Declares P4B Dividend

DMCI Holdings, Inc. reported a consolidated net income of P4.9 billion in the first quarter of 2026, slightly lower than the P5.0 billion posted in the same period last year.

Banking & Insurance

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Corporate Bulletins

Globe Business strengthens AI push with AAP alliance

Globe Business has signed a two-year strategic partnership with the Analytics and Artificial Intelligence Association of the Philippines (AAP) to help organizations in the Philippines adopt artificial intelligence (AI) more effectively in daily operations.

Converge accelerates expansion with new customer centers in Bohol, Palawan

Converge ICT Solutions Inc. is expanding its customer service reach in the Philippines with the opening of new business centers in Bohol and Palawan, aiming to improve access to broadband services and local support.

BDO Life named Top Insurance Choice among Gen 

BDO Life has been named the top insurance brand considered by Gen Z consumers at the 2026 Synergy–YouGov Awards, based on nationwide consumer tracking by YouGov BrandIndex in 2025.

Security Bank expands reach in Pangasinan, Ilocos Sur

Security Bank Corp. has opened new branches in San Carlos, Pangasinan and Candon, Ilocos Sur as part of its efforts to expand banking access in Northern Luzon.

Social Responsibility & Sustainability

Pilmico turns plywood walls to brighter classroom dreams

In Barangay Dalipuga, Iligan City, learning just got a much-needed upgrade—and it shows. A cramped, poorly ventilated plywood room that once doubled as a daycare has been replaced by a new concrete facility under Project EduCare, giving young children a space that finally feels like it was built with them in mind.

Lender powers 100 branches with renewable energy

The Bank of the Philippine Islands (BPI) has reached a key sustainability milestone, with 100 of its branches now running entirely on renewable energy.

San Jose del Monte seizes control of PrimeWater operations

The San Jose del Monte city government has assumed control of water supply operations formerly managed by PrimeWater Infrastructure Corp., responding to a deepening distribution crisis that has left thousands of households without reliable access.

Manila Water strengthens heat safety measures for workers amid rising temperatures

Manila Water has rolled out additional safety measures to protect its workers and contractors from heat-related illnesses as high temperatures continue across Metro Manila’s East Zone and Rizal Province.

Markets

PSEi range-bound amid global risks, weak peso

The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.

Peso slides, stocks stall as caution builds

Philippine financial markets are in a consolidation phase, with the peso and equities under pressure as tighter monetary conditions and inflation concerns weigh on sentiment.

Women entrepreneurs drive economy but need more support to scale

Filipina entrepreneurs—many of them mothers—play a major role in the Philippine economy, owning 66 percent of existing businesses and 62 percent of newly registered enterprises. Despite this strong presence, many women-led micro, small, and medium enterprises (MSMEs) struggle to grow due to limited access to funding, low digital adoption, and the challenge of balancing business and family responsibilities.

Peso stalls, stocks drift amid global uncertainty

The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.

Travel

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Energy

Topline bets on EV shift in Visayas

Top Line Business Development Corp. is moving beyond traditional fuel retailing as it prepares to roll out electric vehicle charging and battery-swapping stations across parts of Cebu, signaling how fuel retailers are beginning to adapt to the Philippines’ slowly expanding EV market.

DOE: ADB praises PH response to global fuel crisis

The Department of Energy (DOE) said the Asian Development Bank (ADB) has recognized the Philippines as one of the leading countries in the Asia-Pacific region in responding to global fuel market disruptions linked to tensions in the Middle East.

Alternergy stakes expansion surge on new renewable projects

Green energy exponent Alternergy Holdings Corp. posted higher third-quarter...

SPC Power sets P3-B capex for battery, solar expansion

SPC Power Corp. has set aside P3 billion in capital expenditures for 2026 to support the development of battery energy storage system (BESS) and solar power projects.

Transport & Communications

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Property

Aboitiz Land’s  vibrant community in Cabanatuan bags international recognition

Aboitiz Land’s Ajoya Cabanatuan recently received the Gold Award...

GERI banks on provincial demand surge for growth

Global-Estate Resorts, Inc. (GERI), the tourism and leisure township arm of listed property developer Megaworld Corp., is set to turn over about P11 billion worth of residential and commercial projects this year, underscoring sustained demand for integrated estates outside Metro Manila as property growth continues shifting toward provincial hubs.

 Arca South Main Street boosts Taguig urban life 

Ayala Land has unveiled Arca South Main Street, a pedestrian-friendly corridor set to become the vibrant spine of its expanding mixed-use estate in Taguig City. More than a retail promenade, the street is designed to enhance connectivity, mobility, and community engagement within the bustling development.

TARI Estate emerging as Central Luzon’s next major industrial hub

TARI Estate is rapidly positioning itself as Central Luzon’s next major industrial hub as manufacturers increasingly expand beyond traditional economic centers in South Luzon.

Environment

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Technology

 Simplify processes, then digitalization, GSIS chief advises 

 The Government Service Insurance System (GSIS), the state-owned pension fund for public sector workers, is taking a counterintuitive path to government modernization: simplifying processes before rushing into digitalization. 

Radius Telecoms boosts connectivity for 2026 ASEAN Leaders’ Summit in Cebu

Radius Telecoms, Inc. has strengthened internet connectivity and network reliability in key locations in Lapu-Lapu City ahead of the 48th ASEAN Leaders’ Summit on May 7-8, 2026.

Globe At Home offers free internet speed boost amid rising costs and energy concerns

Globe At Home is giving its customers a free internet speed upgrade of up to 1Gbps as part of its effort to help Filipino households cope with rising living costs and the ongoing energy situation.

DICT targets up to 80% cut in broadband costs by 2028

The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.

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

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.

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.