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Inflation surges to 7.2% in Sept., to test BSP policy

Philippine inflation surged to 7.2 percent in September, matching the pace in April, which is the fastest rate in three-and-a-half years and putting the Bangko Sentral ng Pilipinas under renewed pressure to tighten monetary policy.

News Dispatch

Agriculture

P9-B FMR deal sealed: 605 roads to link Luzon farms to markets

The Department of Agriculture (DA) and the Department of Public Works and Highways (DPWH) have signed a memorandum of agreement to build 605 farm-to-market roads across Luzon, worth P9.06 billion in total.

Govt’t mobilizes ₱45-billion climate response to tame rising food inflation

The Department of Agriculture has launched a series of aggressive market interventions and supply-side measures to stabilize skyrocketing food prices following a sharp spike in September inflation. Driven by severe weather disruptions, escalating fuel expenses, and higher transport costs, national inflation matched its highest level in over three years, forcing government officials to take immediate policy action.

DA seeks P300M more to expand ube production, clarifies raw export rule only targets planting materials

The Department of Agriculture is seeking an additional P300 million to kickstart expansion of the country’s ube industry, a move designed to at least double local output and meet fast-rising global demand for the popular purple tuber.

DA readies P45B aid as El Niño damage mounts 

The Department of Agriculture is preparing up to P45 billion in interventions as El Niño-related agricultural losses climb to P6.87 billion, while moving to strengthen rice reserves and keep imports available as a contingency against a sharper production shortfall.

Corporate

PLDT, Smart unify rewards into single loyalty ecosystem with Capillary tie-up

PLDT Inc. and its wireless arm Smart Communications have teamed up with Capillary Technologies to merge their separate loyalty programs into one unified system, bringing more connected and personalized rewards to subscribers and partners nationwide.

PLDT postpones P24.2-billion Vitro REIT public offering to 2027

PLDT Inc. has officially deferred the planned P24.2-billion initial public offering of Vitro REIT Corp. to 2027, citing unfavorable market conditions and rising interest rates.

CIAC delivers best CGC rating in three years

The Clark International Airport Corporation (CIAC) earned a 99.56% rating from the Governance Commission for Government-Owned or -Controlled Corporations (GCG) in its 2025 Performance Scorecard — its best in three years.

Filinvest REIT appoints chairman as CEO following colleague’s retirement 

Filinvest REIT Corp. (FILRT) has announced a major executive reshuffle, naming current Chairman Joseph M. Yap as its new President and Chief Executive Officer, effective October 15.

Banking & Insurance

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Corporate Bulletins

PLDT, Smart unify rewards into single loyalty ecosystem with Capillary tie-up

PLDT Inc. and its wireless arm Smart Communications have teamed up with Capillary Technologies to merge their separate loyalty programs into one unified system, bringing more connected and personalized rewards to subscribers and partners nationwide.

CIAC delivers best CGC rating in three years

The Clark International Airport Corporation (CIAC) earned a 99.56% rating from the Governance Commission for Government-Owned or -Controlled Corporations (GCG) in its 2025 Performance Scorecard — its best in three years.

Globe launches Scam Protect to block digital threats in real time 

Globe has introduced Scam Protect, giving customers immediate, easy-to-use defense. Powered by Whoscall Premium Basic, the service lets eligible subscribers spot suspicious calls and messages, verify links, check for data leaks, and get scam alerts before harm strikes.

Asian Eye at 25: Discounts, innovation, expanded community care

Asian Eye Institute (AEI), the country’s pioneering multi-specialty eye care center, marks its 25th anniversary with special offers and broader outreach.

Social Responsibility & Sustainability

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

EastWest widens EasyMobility, donates vehicles to boost community impact

EastWest has expanded its EasyMobility for Community Program, turning over vehicles to Our Lady of Guadalupe Minor Seminary and Jubilee Christian Academy to help both institutions reach more people and extend their vital work. This latest milestone follows earlier donations to groups in Cebu, Negros Occidental, and Davao.

Anne Curtis’ Dream Machine turns small dreams into big hope

In Puerto Princesa, the road to school can come with two very different kinds of baggage: a child’s dreams and, during the rainy season, a puddle—or several—that seems determined to get in the way.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.

Markets

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.

PSEi, peso pressure builds ahead of inflation

Philippine markets enter Monday under renewed pressure, with the PSEi vulnerable to a test of 5,500 and the peso hovering near P63 to the dollar as investors await September inflation and reassess the outlook for monetary policy.

Peso, stocks brace for volatile week ahead

The peso and Philippine equities enter Monday facing another potentially volatile week as investors weigh persistent inflation pressures, softer growth prospects and expectations of further monetary tightening.

Travel

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Energy

Gov’t steps up El Niño readiness for power sector; price hikes seen

The Department of Energy (DOE) has begun firm preparations to safeguard the country’s power system against the projected Super El Niño, which may push electricity rates higher alongside tighter supply.

PH targeted as regional SAF hub; 1% blend mandate by 2030 proposed

The Department of Energy is pushing to make the Philippines a regional sustainable aviation fuel (SAF) production hub, with a proposed one percent blending mandate by 2030 to build demand and attract investment.

Isabela solar project secures P1.24B RCBC financing

PetroGreen Energy Corp. (PGEC), through subsidiaries Rizal Green Energy Corp. (RGEC) and BKS Green Energy Corp., has secured up to P1.24 billion in project financing from Rizal Commercial Banking Corp. (RCBC) to develop the Limbauan ground-mounted solar plant in San Pablo, Isabela.

En Tsumugi invests in Philippine battery recycling

En Tsumugi is investing in a lithium-ion battery recycling facility in the Philippines, betting on growing demand for local capacity to recover critical minerals as the country’s electric vehicle and battery industries develop.

Transport & Communications

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Property

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.

Condo redevelopment bill to unlock urban renewal, revive Makati market — LPC

A Senate bill that lowers approval requirements for condominium redevelopment could breathe new life into older residential properties and kickstart urban renewal, especially in Makati’s central business district, according to Leechiu Property Consultants (LPC).

Robinsons Land joins Pag-IBIG drive for affordable homes

Robinsons Land Corporation (RLC) has joined Pag-IBIG Fund’s growing network of private developers backing the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, giving Filipino workers more housing options they can finance through affordable Pag-IBIG loans.

SM Prime venues surpass one million visitors

SM Prime Holdings Inc.’s major live entertainment venues attracted more than 1 million visitors in the first eight months of 2026, highlighting the growing role of events in driving traffic across its retail, dining and entertainment properties.

Environment

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Technology

Revolut eyes Philippine digital banking, payments expansion

Global fintech Revolut is weighing a bigger push into the Philippine financial market, exploring digital banking and electronic money services as it looks to expand its cross-border payments business in the country.

Skyro expands Philippine fintech rewards with cashback

Securities and Exchange Commission-registered fintech platform Skyro is broadening its Philippine financial services offering with a customizable cashback program designed to give eligible customers greater flexibility over everyday spending.

Globe logs 1,245 cable theft cases, calls for united national action to protect vital connectivity

Globe is sounding the alarm on surging cable and network equipment theft, reporting 1,245 pilferage incidents as of September 2026, and urgently calling for coordinated action from government down to the barangays to stop the damage.

Converge: PH‑Singapore cable cut causes barely any disruption

Converge ICT Solutions Inc. reported minimal service impact after a Philippines‑Singapore submarine cable failure last Friday, as traffic was instantly shifted to alternate routes, chiefly the new Bifrost cable system. Most home and business users stayed connected, with only isolated issues accessing Singapore‑hosted sites and apps.

Health & Science

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Opinion

The nation’s new favorite

There is a moment when a Filipino athlete stops being a promising competitor and becomes a national event. It usually begins with a victory, especially an unexpected one, and proceeds at a speed that would put the most frenetic fastbreak in basketball to shame.

Santissima Trinidad! The price of money

Not so long ago, my P100 got me a full meal, a movie ticket and a jeepney ride home. Today I showed one to the barista and all I got was a sympathetic nod and a small glass of service water.

Players push, WTA finally loosens tennis grip

Tennis players have long had a peculiar relationship with the calendar. They are expected to live on airplanes, play through aching bodies, cross time zones as casually as they change rackets, then somehow be fresh when the tournament director calls their name.

The electric car meets the Filipino road

The electric vehicle has arrived in the Philippines with a promise familiar to anyone who has spent an afternoon crawling along EDSA: less dependence on gasoline, quieter motoring, and a little less money disappearing into the fuel tank. It’s an appealing proposition. The only complication is that the Filipino road has never been particularly interested in making life easy for anyone.

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.