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Marcos says Philippines ‘will not yield’ on West Philippine Sea

President Ferdinand Marcos Jr. delivered one of the strongest foreign policy messages of his administration on Monday, declaring that the Philippines "will not yield" in defending its sovereignty and reaffirming the country's commitment to the landmark 2016 Arbitral Award on the West Philippine Sea.

News Dispatch

Agriculture

Protected farmlands vanish as cities continue to spread

Nearly one out of every three hectares of Philippine farmland converted into buildings and other developments over the past two decades was supposed to be protected, raising fresh concerns that the country is losing valuable food-producing land faster than it can safeguard it, according to a new study led by University of the Philippines researchers.

PCC finds four competition hurdles in vegetable trade 

The Philippine Competition Commission (PCC) has identified four structural weaknesses in the highland vegetable industry that continue to squeeze farmers' incomes and prevent lower production costs from translating into cheaper prices for consumers.

PHilMech rolls out rice farm machines as government mechanization drive gains ground 

The Philippine Center for Postharvest Development and Mechanization (PHilMech) has stepped up the government’s farm modernization efforts, delivering over 1,700 farm machines across the country in the first half of 2026 to boost the productivity, resilience and profitability of local rice farming.

NFA steps up palay purchases as wet-season support prices rise

The Department of Agriculture (DA) confirmed that the National Food Authority (NFA) is expanding its palay procurement efforts to boost the country’s rice buffer stocks.

Corporate

Toyota earns Santa Rosa sustainability awards for green efforts

Toyota Motor Philippines Corp. (TMP) has added three environmental honors to its growing sustainability portfolio after being recognized by the City of Santa Rosa for helping advance green initiatives and climate action through its local operations.

URC wins 2026 Best Employer Brand Award

Universal Robina Corp. (URC) has been honored at the 2026 Philippines’ Best Employer Brand Awards for its outstanding workplace culture and employee development programs.

BDO raises ₱132 billion from record oversubscribed ASEAN Sustainability Bond

BDO Unibank has successfully raised ₱132 billion through its sixth ASEAN Sustainability Bond issuance in pesos, drawing demand more than 26 times the initial offer size of ₱5 billion. Strong interest from both retail and institutional investors was so robust that the offer period was closed early on July 10, 2026.

MREIT secures ₱27-B asset expansion deal

MREIT Inc., the real estate investment trust of Megaworld Corp., is set to execute its largest asset expansion to date with a ₱27-billion property-for-share swap.

Banking & Insurance

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Corporate Bulletins

Toyota earns Santa Rosa sustainability awards for green efforts

Toyota Motor Philippines Corp. (TMP) has added three environmental honors to its growing sustainability portfolio after being recognized by the City of Santa Rosa for helping advance green initiatives and climate action through its local operations.

URC wins 2026 Best Employer Brand Award

Universal Robina Corp. (URC) has been honored at the 2026 Philippines’ Best Employer Brand Awards for its outstanding workplace culture and employee development programs.

Converge ICT named PH’s fastest ISP in Ookla H1 2026 report

Converge ICT Solutions Inc. has topped Ookla’s Speedtest Intelligence rankings for the first half of 2026, earning titles as the country’s fastest internet service provider and best for fixed latency. Its flagship FiberX service recorded leading scores across key metrics, extending the company’s winning streak that began in 2022. Company officials said the results reflect consistent infrastructure investments, as Converge continues expanding its network nationwide under the leadership of founders Dennis Anthony Uy and Maria Grace Uy.

BPI launches Disney-themed event to introduce new savings account

The Bank of the Philippine Islands (BPI) is hosting a special two-day event titled “Discover the Magic of Saving: BPI Jumpstart” at the Glorietta Activity Center on August 1 and 2, inviting families, young dreamers, and Disney fans to experience learning about savings in a fun, engaging way. Open primarily to children aged 7 to 12 and extended to those up to 17 years old, the event serves as the official showcase for BPI’s new Jumpstart savings account, which blends practical banking features, financial education, and interactive digital elements.

Social Responsibility & Sustainability

Jollibee Group Foundation’s farmer-led agri-tech initiative wins top CSR recognition

The Jollibee Group Foundation (JGF) has been conferred the Outstanding CSR Project in Enterprise Development award at the 2026 League of Corporate Foundations CSR Guild Awards for its Agri-Tech Facilitators (ATF) Program, an initiative centered on the principle that agricultural innovation delivers lasting impact when driven by farmers themselves.

Food banking seen boosting Philippines’ disaster preparedness, resilience

As stronger typhoons and other climate-related disasters threaten food security, Rise Against Hunger Philippines (RAHP) is pushing for a stronger nationwide food banking system, saying it can help communities recover faster while reducing hunger and food waste.

Converge launches youth tech program to close digital skills gap

Converge ICT Solutions Inc. has launched a new initiative to equip underserved Filipino youth with technology skills, as the country pushes forward with digital transformation.

Jollibee Danao plant earns landmark green building certification 

The Jollibee Group has set a new benchmark for sustainable manufacturing after its Danao Commissary in Cebu became the first manufacturing facility in the Philippines to receive LEED certification for Interior Design and Construction (ID+C), signaling that industrial plants can pursue ambitious environmental goals without sacrificing operational efficiency.

Markets

Peso weakness, stock volatility test Philippine markets ahead

The Philippine financial markets are entering another week with little room to breathe as the peso hovers near record lows and local stocks brace for another bout of volatility. 

PSEi rally gains steam as stable peso lifts outlook

The stock market could be entering a stronger recovery phase after the Philippine Stock Exchange index (PSEi) broke through key resistance levels, with a stable peso adding to optimism that local equities can sustain their recent gains despite inflation concerns and geopolitical risks.

Netflix stocks slide after weak revenue outlook spooks

Netflix shares tumbled 7.3 percent on Friday after the streaming giant issued a third-quarter revenue forecast that fell short of Wall Street expectations, overshadowing another quarter of solid earnings and steady subscriber engagement.

Philippine IPO revival hinges on reforms, blockbuster listings

The Philippine initial public offering (IPO) market remained on the sidelines in the first half of 2026, but upcoming regulatory reforms and a pipeline of marquee listings could set the stage for a long-awaited rebound in the country's capital markets.

Travel

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Energy

Meralco backs EPIRA overhaul, warns on system loss

Manila Electric Co. (Meralco) has backed President Ferdinand R. Marcos Jr.'s call to amend the Electric Power Industry Reform Act (EPIRA), but cautioned that scrapping system loss charges will require reforms that protect both consumers and the long-term stability of the country's power grid.

DOE studies lower system loss charges ahead of EPIRA reforms

The Department of Energy (DOE) is exploring ways to reduce the system loss rates charged to electricity consumers while Congress deliberates amendments to the Electric Power Industry Reform Act (EPIRA), offering a near-term option to help ease power bills before broader legislative reforms take effect.

DOE urges dedicated power for Pax Silica data hub

The Department of Energy (DOE) is urging the proposed Pax Silica development to build its own power plant instead of drawing electricity from the Luzon Grid, warning that the project's massive energy demand could strain the country's main power network if left unaddressed.

Marcos spotlights tax cuts, energy, healthcare in SONA

President Ferdinand Marcos Jr. used his fifth State of the Nation Address on Monday to present an agenda centered on lowering household costs, strengthening energy security and accelerating infrastructure, signaling a renewed focus on economic resilience as global uncertainties persist.

Transport & Communications

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Property

Big developers prioritize malls as retail thrives

The Philippines’ biggest property developers are placing greater emphasis on malls as retail continues to outperform other real estate segments, supported by resilient consumer spending and the appeal of stable recurring rental income.

SM Prime lines up over 20 events at New SM Seaside Cebu Arena

SM Prime Holdings Inc. announced on Thursday that its newly opened SM Seaside Cebu Arena will host more than 20 shows this year, as the property developer seeks to tap into the growing demand for live events in the Visayas region.

Havitas moves into wellness real eatate

Boutique developer Havitas Properties Inc. has entered the fast-growing wellness real estate sector, and unveiled the second phase of its Aya Hills resort villa community in Talisay, Batangas, overlooking Taal Lake.

Manila emerges as world’s second prime housing market

Manila has emerged as the world’s second-fastest growing prime residential market, underscoring the Philippine property sector’s resilience despite geopolitical tensions, elevated inflation and a slowdown in new project launches.

Environment

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Technology

Marcos reopens Metro Manila for new PEZA IT hubs

President Ferdinand R. Marcos Jr. has reopened Metro Manila to new Philippine Economic Zone Authority (PEZA)-registered information technology parks and centers, easing a seven-year investment restriction while keeping the broader ban on other types of economic zones in the capital.

DICT launches AI toolkit for Bicol MSMEs under Magkasangga Program

The Department of Information and Communications Technology (DICT) has introduced a set of artificial intelligence tools tailored to help micro, small, and medium enterprises (MSMEs) in Bicol enhance their operations and competitiveness. Known as the MSME Digital Assistant, this collection of AI applications addresses key challenges commonly faced by small businesses, covering areas such as business planning, regulatory compliance, product pricing, document understanding, and digital marketing.

DICT introduces AI tools for Bicol MSMEs, expands digital support for Naga

The Department of Information and Communications Technology (DICT) has rolled out a new set of artificial intelligence (AI) tools to help micro, small, and medium enterprises (MSMEs) in Bicol grow their businesses, while also pledging broader digital support for Naga City’s connectivity, disaster preparedness, and smart governance initiatives.

AI exports cushion Philippine economy from global headwinds 

The Philippines' growing role in the global artificial intelligence supply chain is expected to provide an important buffer against slowing growth, higher oil prices and lingering trade uncertainties, according to the ASEAN+3 Macroeconomic Research Office (AMRO).

Health & Science

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Opinion

Pax Silica pits silicon dreams against sovereignty concerns

Pax, the Roman goddess of peace, was often portrayed carrying an olive branch. Ironically, her modern namesake has arrived carrying semiconductor blueprints, investment pledges—and a healthy dose of controversy.

Elon Musk learns trillion-dollar fortunes can wobble

Elon Musk has just misplaced about USD260 billion. Before anyone starts a crowdfunding campaign, though, he's still worth an estimated USD745 billion—comfortably enough to remain the world's richest person.

Trust ratings aren’t get-out-of-jail cards

If trust ratings could acquit public officials, we might as well save everyone the trouble.

VP Duterte impeachment keeps Senate cards hidden

Monday's biggest vote in the impeachment trial of Vice President Sara Duterte turned out to be the one the public never saw.

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.