Thursday, 20 November 2025, 3:05 am

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    PH external buffers strengthen as peso faces persistent challenges

    The Philippines posted a US$706-million balance of payments (BOP) surplus in October, signaling an improvement in external accounts and helping lift the gross international reserves (GIR) to US$110.2 billion.

    News Dispatch

    Agriculture

    PH farmers gain certainty as US keeps tariffs exemption

    The Department of Agriculture on Wednesday says the country's farm exporters can now move forward with confidence after the United States confirmed that major agricultural exports—particularly tropical fruits such as bananas, pineapples, and coconut products—will remain exempt from U.S. tariffs.

    Gov’t launches rapid rescue plan for Bicol’s Uwan-shattered abaca industry

    The Department of Agriculture, through the Philippine Fiber Industry Development Authority (PhilFIDA), has joined forces with the Department of Labor and Employment (DOLE) to fast-track the rehabilitation of Bicol’s abaca industry after Super Typhoon Uwan left the region’s signature crop in ruins.

    Senate Backs DA’s P184-B spending plan for 2026

    The Department of Agriculture (DA) expressed gratitude to senators for crossing party lines to approve its P184.1-billion budget for 2026, strengthening efforts to boost food security and accelerate rural development.

    Belgium highlights rising PH demand for quality pork

    The Belgian Meat Office (BMO) is seeing strong growth opportunities in the Philippines as the country’s demand for premium, safe, and fully traceable pork continues to rise. On Tuesday the BMO said that in first quarter this year, pork accounted for 53.2 percent of all Philippine meat imports, underscoring the market’s increasing reliance on trusted international suppliers.

    Corporate

    Alliance Global taps warrant sale to power expansion

    Alliance Global Group Inc. (AGI) is looking to raise as much as P27.7 billion through a warrant sale and the eventual exercise of those warrants into common shares, as the conglomerate seeks to strengthen its balance sheet and ramp up real estate investments.

    SMC core income jumps 54% as strong units offset oil pressures

    San Miguel Corp. (SMC) on Wednesday reported a 54 percent increase in core net income to P60.3 billion for the first nine months of the year, driven by improved efficiency and tight cost management across its major businesses.

    Mastercard brings Google Pay to PH, making payments faster and safer

    Mastercard has joined the launch of Google Pay in the Philippines, allowing its cardholders to make quick, contactless payments in stores, apps, and online using Android devices.

    Topline taps Leechiu as leasing agent for North Cebu hub

    Topline Equity Corp. has tapped Leechiu Property Consultants Inc. as the sole leasing agent for the office spaces at Bay Mall in Liloan, Northern Cebu—a strategic push to position the township as a fast-rising hub for business process outsourcing (BPO) and emerging industries.

    Banking & Insurance

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    Corporate Bulletins

    ACEN scores big anew in governance honors

    ACEN Corp., the renewable energy unit of the Ayala Group, has once again cemented its standing as one of the Philippines’ top corporate governance champions, earning 4 Golden Arrows from the Institute of Corporate Directors at the 2025 ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards held at Okada Manila.

    Jollibee Group earns higher MSCI ESG rating

    The Jollibee Group has received a BBB MSCI ESG Rating, signaling stronger management of environmental, social, and governance risks across its global operations. MSCI ESG Ratings range from CCC to AAA and assess how effectively companies handle key sustainability issues compared with industry peers.

    PNB execs honored for cybersecurity, digital fraud prevention

    The Philippine National Bank (PNB) strengthened its position as a security leader after two of its top executives were recognized at the 18th Security Management International Convention on October 27, 2025, in Manila.

    MGen donates P17.3-million lighting system to Iloilo football ground

    Meralco PowerGen Corp. (MGen), through its subsidiary Panay Energy Development Corp., has funded a P17.3-million lighting system for the La Paz Football Ground in Iloilo City.

    Social Responsibility & Sustainability

    SMC sends fresh aid to Cebu after Typhoon Tino

    San Miguel Corp. (SMC) has delivered new relief supplies to Cebu, where thousands of people are still staying in evacuation centers more than a week after Typhoon Tino hit on November 4.

    Dr. George Yang opens 52nd Bahay Bulilit Learning Center in Biñan, Laguna

    McDonald’s Philippines Founder and Chairman Dr. George T. Yang has opened the 52nd Bahay Bulilit Learning Center in Barangay Poblacion, Biñan, Laguna, through Ronald McDonald House Charities (RMHC) Philippines.

    Aboitiz Foundation leads typhoon relief efforts across Visayas and Mindanao

    The Aboitiz Foundation, in collaboration with various Aboitiz business units under the OneAboitiz initiative, has launched extensive relief and recovery operations for communities affected by Typhoon Tino across Cebu and other areas in the Visayas and Mindanao.

    Foodpanda marks World Food Day with outreach in Metro Manila

    Foodpanda, operated by Delivery Hero Philippines Inc., teamed up with Scholars of Sustenance (SOS) Philippines and the Bureau of Jail Management and Penology (BJMP) to mark World Food Day with a series of community outreach efforts across Metro Manila.

    Markets

    Home Depot earning takes hit as demand softens

    Home Depot shares slid 6 percent Tuesday after the home improvement giant posted third-quarter results that fell short of expectations, weighed down by weak seasonal demand and a still-shaky U.S. housing market.

    T-Bill yields mixed as markets weigh risks

    Average rates on government treasury bills moved in mixed directions at Monday’s auction, with the shortest tenor edging higher as investors priced in political uncertainties, while longer maturities continued to ease on expectations of further monetary loosening after weaker third-quarter growth.

    OceanaGold Philippines now trades in US OTCQX

    OceanaGold (Philippines) Inc. has qualified to trade on the OTCQX® Best Market in the United States, starting today under the symbol “OGPIF.” U.S. investors can access real-time quotes and financial disclosures at www.otcmarkets.com.

    Disney shares slide on weak revenue, linear TV

    Shares of The Walt Disney Co. fell 7.8 percent Thursday as investors focused on weaker-than-expected revenue and ongoing struggles in its linear TV business, overlooking strong profit and subscriber growth.

    Travel

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    Energy

    Visayas placed under Yellow Alert due multiple plant outages

    The National Grid Corporation of the Philippines (NGCP) placed the Visayas grid under a yellow alert on Wednesday, November 19, from 3 p.m. to 8 p.m., following the unavailability of several power plants.

    Negros Power nears full power restoration after Typhoons Tino, Uwan

    Negros Electric and Power Corp. is close to fully restoring electricity across Central Negros after Typhoons Tino and Uwan, according to the Department of Energy (DOE). As of 6 p.m. on November 17, 2025, power has been restored to more than 92 percent of the 244,915 affected customers.

    Sarangani Energy fee lifts Alsons earnings

    Alsons Consolidated Resources Inc. (ACR) reported an improvement in its bottom line for the first nine months of 2025, with net income attributable to the parent company rising to P695 million from P604 million last year. The increase was mainly due to the recognition of a development fee from its partner in Sarangani Energy Corporation.

    ACEN scores big anew in governance honors

    ACEN Corp., the renewable energy unit of the Ayala Group, has once again cemented its standing as one of the Philippines’ top corporate governance champions, earning 4 Golden Arrows from the Institute of Corporate Directors at the 2025 ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards held at Okada Manila.

    Transport & Communications

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    Property

    Symphony Homes Mabalacat launches 360° virtual tour for homebuyers

    Symphony Homes Mabalacat has launched a fully interactive 360° Virtual Tour to help families, OFWs, and first-time buyers explore the community without the need to travel. Located in Mabalacat’s growing Clark corridor, the development highlights walkability, safety, and convenient access to daily essentials.

    Topline taps Leechiu as leasing agent for North Cebu hub

    Topline Equity Corp. has tapped Leechiu Property Consultants Inc. as the sole leasing agent for the office spaces at Bay Mall in Liloan, Northern Cebu—a strategic push to position the township as a fast-rising hub for business process outsourcing (BPO) and emerging industries.

    Parc Regency Residences champions “Kapitbuhay” living in Iloilo

    Property Company of Friends, Inc. (Profriends) is strengthening its vision for community-centered living in Iloilo through Parc Regency Residences, a 64.97-hectare master-planned estate in Barangay Ungka II, Pavia. Built on the Ilonggo values of connection and shared growth, the development promotes the idea of transforming kapitbahay (neighbors) into kapitbuhay (partners in life).

    Vista Land net income rises as cost crumble

    Vista Land and Lifescapes Inc., a property development unit...

    Environment

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    Technology

    Financial firms race to secure expanding digital frontiers

    The financial sector is rapidly moving into a more digital and interconnected era, driven by cloud technology, open data sharing, and artificial intelligence. But as banks and insurers innovate, they are also exposing themselves to rising cyber risks.

    Airbus launches high-tech research hub in Korea’s R&D capital

    Airbus has opened a new Airbus Tech Hub in Daejeon, strengthening South Korea’s position as a key technology partner.

    Tech firm warns of AI-driven cyber threat surge in 2025 report

    Mimecast has released its 2025 Global Threat Intelligence Report, warning that cybercriminals are shifting tactics to target people from every direction and overwhelm traditional security measures.

    MediaTek launches new processor to power next-generation Chromebooks

    MediaTek has introduced the new Kompanio 540 processor, built to deliver fast, efficient performance for lightweight Chromebooks used in classrooms and beyond. Designed for students and educators in a digital-first world, the chip promises smooth multitasking, longer battery life, and quiet, fanless operation.

    Health & Science

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    Opinion

    Nets, nations, and the stingy sea

    It was an easy, sun-splashed Sunday morning on the shores of Bagac.

    Transparency on Trial: ICI to livestream hearings amid public outcry

    The Independent Commission for Infrastructure (ICI) is opening its floodgates—digitally. Soon, the commission will livestream its proceedings, bowing to public pressure for transparency that has swelled louder than the floods the controversial infrastructure projects failed to contain.

    Cebu quake exposes structural, systemic fault lines

    The recent 6.9-magnitude earthquake that struck Bogo City, Cebu on September 30, offers more than just a regional wake-up call—it delivers a national warning.

    World Food Day: The feast, the famine, and the fix

    The world produces more than enough food. Yet 673 million people still go hungry. This is not a failure of farming—it is a failure of fairness.

    Sports & Entertainment

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    Exclusive

    Boeing deepens strategy cuts as operations take center-stage – sources

    Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, people familiar with the matter said.

    Maynilad may consider sourcing water from Manila Bay if desalination cost eases to affordable levels

    Maynilad Water Services Inc., the water utility of Metro Pacific Investment Corp., may consider Manila Bay as source of potable water for its concession area in Metropolitan Manila and nearby towns if the cost of desalination comes down or large consumers such as factories start extracting water from the salt-water bay for their needs.

    Converge mulls sale-leaseback deal for fiber network, plans dividend payout

    With the aggressive fiber network rollout behind it, Converge...

    Converge’s Dennis Anthony Uy Plans $1 Billion “Silicon Valley” Project In Pampanga

    Dennis Anthony Uy, co-founder of publicly listed Converge ICT,...