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Philippine reserves rise to $104.8B despite BOP deficit

The Philippines’ gross international reserves (GIR) rose to USD104.8 billion in August, even as the country posted another balance of payments (BOP) deficit amid a persistent trade gap and portfolio outflows.

News Dispatch

Agriculture

Gov’t launches world’s first sex-sorting buffalo semen lab

The Department of Agriculture (DA) and the Philippine Carabao Center (PCC) have inaugurated the world’s first laboratory fully dedicated to sex-sorting buffalo semen, marking a major policy and infrastructure milestone to strengthen domestic food security, cut import dependence, and build a self-sustaining local dairy sector.

DA – PhilRice honors Alex Eala with a rice-field tribute in Nueva Ecija

Alex Eala has conquered tennis courts around the world. Now, she has made her mark on a rice field.

Gov’t delivers swift aid and support for weather-hit farmers 

The Department of Agriculture (DA) and Department of Agrarian Reform (DAR) are rolling out urgent financing and recovery measures to help farmers and fisherfolk overcome hardships brought by recent habagat and typhoons.

Palay, corn output seen falling in third quarter

Palay and corn production may decline sharply in the third quarter, with the latest estimates from the Philippine Statistics Authority pointing to smaller harvest areas for both crops and weaker corn yields.

Corporate

Aznar Shipping takes family legacy public for expansion

Aznar Shipping Corp. is taking its third-generation business to the stock market to raise capital for fleet expansion while strengthening its corporate governance for long-term growth.

Top Line names Jane Gocuan chief investment officer

Top Line Business Development Corp. has appointed veteran banking executive Jane K. Gocuan as chief investment officer, effective September 18, as the company expands its focus on investment-related activities and business development.

EastWest, foodpanda team up boosts everyday spending value

Food delivery is now part of Filipino daily life, with foodpanda seeing peak lunch and dinner orders, steady weekend demand, and 25.3 percent of late-night deliveries (11 p.m.–4 a.m.) for burgers. Responding to this shift and rising digital payments—49 percent of platform transactions—foodpanda and EastWest have launched their co-branded foodpanda Visa credit card.

Mynt secures PSE approval for to ₱89.25-billion GCash IPO

Mynt, operator of GCash, has obtained the Philippine Stock Exchange’s Notice of Approval for its proposed initial public offering, with plans to list on the Main Board next month. The application covers up to 8.027 billion common shares plus an overallotment option of up to 1.204 billion secondary shares, subject to PSE conditions, SEC’s final Permit to Sell, market conditions, and other required approvals.

Banking & Insurance

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Corporate Bulletins

Top Line names Jane Gocuan chief investment officer

Top Line Business Development Corp. has appointed veteran banking executive Jane K. Gocuan as chief investment officer, effective September 18, as the company expands its focus on investment-related activities and business development.

EastWest, foodpanda team up boosts everyday spending value

Food delivery is now part of Filipino daily life, with foodpanda seeing peak lunch and dinner orders, steady weekend demand, and 25.3 percent of late-night deliveries (11 p.m.–4 a.m.) for burgers. Responding to this shift and rising digital payments—49 percent of platform transactions—foodpanda and EastWest have launched their co-branded foodpanda Visa credit card.

St. Luke’s earns dual global recognition in World’s Best Specialized Hospitals 2027

St. Luke’s Medical Center’s Quezon City and Global City campuses are both named in Newsweek/Statista’s World’s Best Specialized Hospitals 2027. Quezon City tops the Philippines in Nephrology, a specialty newly added to the global ranking.

DigiPlus wins dual honors at 2026 IAG Academy Awards

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus and GameZone, won both Best iGaming Operator and Best iGaming Innovation at the 2026 Inside Asian Gaming (IAG) Academy Awards—becoming the first recipient of these titles under the event’s new Online Gaming Offerings division.

Social Responsibility & Sustainability

Manila Water delivers emergency water to flood-hit Pangasinan under state of calamity

Amid a State of Calamity in Pangasinan from widespread flooding, Manila Water’s Calasiao Water, North Luzon Water, and Manila Water Foundation acted fast to supply safe water to Calasiao, Malasiqui, and Sta. Barbara evacuees.

GrabScholar produces first Southeast Asian graduates 

Grab Philippines has produced the first college graduates of its GrabScholar program in Southeast Asia, providing an early measure of how the platform’s education initiative is translating scholarships into workforce opportunities.

Hamilo Coast deepens marine conservation partnership

Costa Del Hamilo Inc. (CDHI) and WWF-Philippines are renewing a nearly two-decade sustainability partnership, expanding marine conservation and environmental monitoring as tourism and property development continue to grow in Philippine coastal destinations.

GBF marks 34th year with classroom donations

The Gokongwei Brothers Foundation (GBF) launched 10 new classrooms in Calasiao, Pangasinan and Bacolod City for its 34th anniversary, benefiting four public schools. Two classrooms each go to Nalsian-Bacayao, Bued, and San Miguel Elementary Schools; four to Emiliano Lizares Elementary.

Markets

Hawkish Fed, $100 oil keep peso, PSEi under pressure

The Philippine peso and stocks could remain volatile this week as a hawkish US Federal Reserve, crude oil prices above USD100 a barrel and heightened Middle East tensions keep investors cautious.

PSEi tests 6,100 as peso volatility clouds momentum

The PSEi is knocking on 6,100—but whether it can break higher may depend on how the peso holds up as geopolitical tensions, dollar demand and shifting rate expectations add to market uncertainty.

Global gold demand hits record US$193-B in 1Q 2026; EastWest delivers expert insight under new partnership

Global gold demand stayed resilient amid market volatility, reflecting strong long-term investor confidence in the metal as a reliable way to preserve wealth. In the first quarter of 2026, total global demand hit 1,231 tons - valued at a record US$193 billion. This strength held even though gold prices dropped 15.4 percent in the second quarter, driven by expectations of higher interest rates.

7-Eleven targets 5,000 stores, shrugs off discounters

Philippine Seven Corp., operator of 7-Eleven convenience stores, is pressing ahead with aggressive expansion despite the rapid growth of hard-discounters, confident that its convenience-store format remains sufficiently differentiated to withstand the new competition.

Travel

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Energy

Meralco builds smarter, more resilient grid with modern power infrastructure

Manila Electric Company (Meralco), led by Chairman Manuel V. Pangilinan, is ramping up investments in advanced technologies to boost network oversight while delivering safer, more reliable, and more efficient power service to its customers.

NGCP on track to complete ₱23.54 billion transmission projects by year end

The National Grid Corporation of the Philippines (NGCP) is set to complete six major transmission projects aggregating P23.54 billion before the close of 2026, following also the completion of five flagship facilities worth another P7.19 billion earlier this year. Once all 11 projects are delivered, the entire investment total P30.73 billion.

DOE halts bidding of key coal areas; new regulatory framework planned

The Department of Energy (DOE) has terminated the bidding process for pre-determined coal resource blocks under the 2026 Philippine Conventional Energy Contracting Program (PCECP), to make way for a stronger, fairer evaluation system aligned with national interests.

Taiwan firms target PH energy, healthcare, farm gaps

Taiwanese companies are looking to expand in the Philippines by targeting gaps in energy, healthcare, agriculture, and digital infrastructure, with 125 firms showcasing technologies at Taiwan Expo 2026 in Manila.

Transport & Communications

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Property

Cresendo draws factories, infrastructure to Tarlac growth hub

Ayala Land Inc.’s 290-hectare Cresendo estate in Tarlac is moving closer to becoming a full-scale industrial and urban center, with most industrial lots leased and major road, school, and commercial projects advancing alongside factory development.

PH industrial property players stay bullish, 84% eye expansion

Philippine industrial property players remain bullish on expansion, with 84 percent planning to increase their footprint over the next three years despite economic uncertainty, rising construction costs, and high operating expenses.

Ayala Land Premier starts Gardencourt unit turnover

Ayala Land Premier has begun turning over units at Gardencourt Residences in Arca South, Taguig, as parent Ayala Land Inc. (ALI) focuses on accelerating project completion and home deliveries across its residential pipeline.

Filinvest joins growing roster of developers backing Expanded 4PH

Filinvest Land Inc. (FLI) has joined a growing roster of major property developers supporting the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH), widening the housing inventory and financing options available to qualified homebuyers.

Environment

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Technology

Child rights group backs safety bill, flags flaws

The Child Rights Network (CRN) has welcomed the latest House of Representatives version of the Children’s Social Media and Online Gaming Safety Bill, praising lawmakers for prioritizing platform accountability over a blanket social media ban.

Creative economy still has room to grow 

The Philippines is capturing only a fraction of the value of its creative economy despite the sector already accounting for about 7.6 percent of gross domestic product, according to Isla Lipana & Co./PwC Philippines.

Rural Filipino consumers highly connected but deliberate, trust-driven—study

Rural Filipino consumers are increasingly digitally connected but remain highly deliberate in spending, with trust, family needs and financial security playing a bigger role in purchasing decisions than simple exposure to brands, a new study by WPP Media, Ogilvy and Fifty5Blue found.

Lenovo & Motorola Qira expands to more devices, apps and markets

Lenovo & Motorola Qira, the cross-device personal AI, is expanding its reach at IFA 2026 following an initial rollout to over 20 Lenovo devices starting in March. It now supports eligible Lenovo PCs with 16GB memory, expanding beyond high-end configurations, and will come to select Motorola edge, signature and razr models with the Android 17 upgrade. It also debuts on moto watch ultra, its first wearable, and connects with Gmail, Google Calendar, Slack, Outlook and more via a new Workato partnership.

Health & Science

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Opinion

The great Philippine parking expedition

There are two kinds of Filipino motorists: those looking for a parking space and those who have already found one and are determined not to tell you where it is. Parking has become one of the more demanding sports in modern Philippine life. It requires patience, spatial awareness, quick reflexes, and, occasionally, the ability to stare at another motorist for several seconds without saying anything that could get you into trouble.

When 16 becomes a constitutional question

A Constitution is not a calculator. Yet when constitutional questions become uncomfortable, there is always a temptation to reach for one.

When expertise becomes inconvenient, listen first

When judges and lawyers can sometimes get the law wrong, why should non-lawyers presume they know better?

Alex Eala should not pay for tennis politics

What is the price of patriotism?

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.