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PCC imposes record ₱1.76-B fine on onion cartel

The Philippine Competition Commission (PCC) has imposed a record P1.76-billion fine on six onion trading businesses and their responsible officers for alleged anti-competitive conduct, with possible criminal prosecution to follow subject to evaluation by the Department of Justice (DOJ).

News Dispatch

Agriculture

DA rejects auction of seized Vietnamese rice, pushes donation to DSWD instead

Agriculture Secretary Francisco P. Tiu Laurel Jr. has firmly opposed plans to auction thousands of metric tons of seized Vietnamese rice, warning the move could let those behind its illegal entry earn from the shipment.

PCC imposes record ₱1.76-B fine on onion cartel

The Philippine Competition Commission (PCC) has imposed a record P1.76-billion fine on six onion trading businesses and their responsible officers for alleged anti-competitive conduct, with possible criminal prosecution to follow subject to evaluation by the Department of Justice (DOJ).

DA seeks wider toll operator support as MPTC reinstates agri transport rebate program

The Department of Agriculture (DA) is calling on more tollway operators to join its agricultural transport rebate program, building on the early participation of Metro Pacific Tollways Corp. (MPTC) as the government moves to cushion farmers and consumers from rising fuel costs and help stabilize food prices.

DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

Corporate

Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

JTI Philippines names Alan Jackson as new GM

JTI Philippines has appointed Alan Jackson as general manager, tapping his international leadership experience as the tobacco company seeks to expand its portfolio, strengthen operations and address illicit trade in the local market.

Tanduay returns to Whisky Live Manila 2026, showcases Filipino craftsmanship and new Sauternes cask rum

Tanduay is set to present Filipino rum-making heritage and...

Converge cements top employer status with triple win at 2026 HR Asia Awards

Converge ICT Solutions Inc. has secured a historic triple distinction at the 2026 HR Asia Best Companies to Work for in Asia Awards, cementing its reputation as a leading Philippine employer. The fiber broadband and tech provider took home top honours across three categories: Best Companies to Work for in Asia, Diversity, Equity and Inclusion, and Sustainable Workplace.

Banking & Insurance

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Corporate Bulletins

JTI Philippines names Alan Jackson as new GM

JTI Philippines has appointed Alan Jackson as general manager, tapping his international leadership experience as the tobacco company seeks to expand its portfolio, strengthen operations and address illicit trade in the local market.

Tanduay returns to Whisky Live Manila 2026, showcases Filipino craftsmanship and new Sauternes cask rum

Tanduay is set to present Filipino rum-making heritage and...

Converge cements top employer status with triple win at 2026 HR Asia Awards

Converge ICT Solutions Inc. has secured a historic triple distinction at the 2026 HR Asia Best Companies to Work for in Asia Awards, cementing its reputation as a leading Philippine employer. The fiber broadband and tech provider took home top honours across three categories: Best Companies to Work for in Asia, Diversity, Equity and Inclusion, and Sustainable Workplace.

Jollibee bags Advertiser of the Year, wins 10 SMARTIES 

Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.

Social Responsibility & Sustainability

Honda leads tree-planting drive with DENR and local government across Batangas, Laguna

Honda Philippines, Inc. (HPI), the country’s top motorcycle maker, has teamed up with the Department of Environment and Natural Resources–Community Environment and Natural Resources Office (DENR–CENRO), and the city governments of Tanauan and Biñan, to carry out a two-part tree-planting effort supporting local reforestation, ecosystem restoration, and community progress. Bringing together Honda staff, local government officials, and DENR representatives, the project saw a total of 400 Kamagong seedlings planted across both locations.

Aboitiz Economic Estates bags sustainability leadership award

Aboitiz Economic Estates has won a sustainability leadership award from the Philippine Green Building Council (PHILGBC), underscoring how green infrastructure, reliable utilities and workforce development are becoming key factors in industrial investment decisions.

Globe launches Konek kay Attorney to bring free legal aid to communities

Globe has launched Konek kay Attorney, a program providing free legal consultations to underserved communities, partnering with the Integrated Bar of the Philippines (IBP) Rizal-RSM Chapter.

Recycled plastic chairs donated to Misamis Occidental school

Discarded plastic waste has found new purpose at Clarin Elementary School, where 50 brand-new classroom chairs made entirely from recycled materials were turned over to students this week.

Markets

Stocks face cautious trading as inflation, rate risks mount

Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.

Forensic accounting connects the dots

Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.

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.

Travel

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Energy

Malampaya safety record bolsters reliability as gas expansion nears

Prime Energy’s Malampaya Onshore Gas Plant (OGP) in Batangas has marked 25 years without a recordable safety incident involving harm to people or a significant process safety incident, underscoring the importance of operational discipline as the Philippines moves to expand indigenous natural gas production.

DMCI Power’s ₱3-B Palawan coal plant set for November public review

The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.

Philex, workers’ union end dispute, seal multiyear labor deal

Philex Mining Corp. and its rank-and-file workers’ union have reached a settlement to end a labor dispute, paving the way for a new collective bargaining agreement (CBA) that covers a period thorough 2030.

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

Transport & Communications

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Property

DMCI Homes taps Pag-IBIG for affordable condo financing

DMCI Homes has entered the government’s Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program through a partnership with Pag-IBIG Fund, opening a potential new financing pathway for homebuyers, beginning with its Anissa Heights condominium development in Pasay City.

Manulife expands global real asset investment options

Manulife Investments Philippines has broadened its investment offerings beyond real estate investment trusts (REITs), introducing a multi-asset fund that gives Filipino investors exposure to global infrastructure, natural resources and inflation-linked securities.

Ayala’s P15-B mall reinvestment lifts rents, hotel rates

Ayala Land Inc.’s P15-billion investment in mall upgrades, alongside a broader push to refresh its hospitality portfolio, is beginning to deliver stronger returns as the property developer adapts to changing consumer behavior in the post-pandemic market.

Infosys extends lease with FLI, consolidates Alabang hub at Axis Tower 2

Filinvest Cyberparks Inc. (FCI), the office leasing arm of Filinvest Land Inc. (FLI), has renewed and expanded its long-standing partnership with global IT-BPM firm Infosys BPM, marking over 12 years of collaboration.

Environment

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Technology

Smart scores zero dropped calls in latest NTC Metro Manila checks

Smart Communications has achieved a perfect zero percent call drop rate in the National Telecommunications Commission’s most recent service quality tests across Metro Manila, marking a major milestone in reliable voice service for subscribers. The result easily clears the regulator’s required standard of less than 2 percent call drop ratio, meaning calls connect and stay connected consistently for users. For customers, this translates to clearer, uninterrupted conversations whether for personal calls, work updates, or emergency communications—no more frustrating cut-offs that waste time and cause inconvenience.

Globe tops NTC SMS test; posts strong speed, fewer drop calls 

Globe led the National Telecommunications Commission’s latest service quality tests, recording the highest SMS success rate at 99.41 percent — the only provider to pass the NTC’s 99 percent standard. Its call drop ratio hit just 0.74 percent, well below the 2 percent limit, while peak download speed reached 381 Mbps.

Resilient cables need stronger gov’t-industry ties

The PLDT Group is calling for deeper partnership between the government and private sector to make the country’s subsea cable network stronger and more reliable.

Lenovo Tech World returns to CES 2027 at Sphere, Spotlighting ‘Human + AI’ future

Lenovo is bringing its flagship Tech World event back to the Consumer Electronics Show or CES 2027, hosting the January 6 keynote at Sphere to unveil innovations centered on its Hybrid AI vision: combining human and artificial intelligence to create real value. Open to credentialed guests and streamed globally, the gathering will feature top industry leaders exploring how AI serves people, business and society.

Health & Science

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Opinion

Put down the pitchforks; let Alex play

Apparently, the moment Alex Eala cracked the WTA top 20, she also signed an imaginary contract to win every match.

The coding exemption that comes with a catch

Filipino motorists appreciate the freedom to leave the house on a given morning without checking the last digit of the license plate. In Metro Manila, this can be worth a surprising amount of money. A day without number coding means another day of using the car, another day without arranging a ride, another day without pondering why a perfectly serviceable vehicle has to stay in the garage. So when a salesperson mentions that a particular electrified vehicle can be driven even on its coding day, a prospective buyer has incentive to sit up a little straighter.

The trouble with counting medals

Filipinos have a curious relationship with the medal table. We like to see our flag climbing it, preferably past countries with larger populations, bigger budgets, and considerably more athletes. We count golds, compare totals, calculate rankings, and wonder whether we could have done better. A silver medal is celebrated, of course, but not before someone observes that it could have been a gold.

Forensic accounting connects the dots

Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.

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.