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Fed raises rates, defying Trump’s call for cuts

The US Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark rate by 25 basis points to 3.75 percent to 4 percent as policymakers moved to counter persistent inflation.

News Dispatch

Agriculture

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.

DA, PhilSA ink 5-year satellite tech deal for agriculture

The Department of Agriculture (DA) and Philippine Space Agency (PhilSA) formalized a five-year partnership Tuesday to deploy Earth observation, geospatial tools, and AI for strengthening agriculture, fisheries, disaster response, and climate resilience. The collaboration uses satellite data to speed up damage detection, improve irrigation planning, and shield food production from floods, droughts, and other risks.

Corporate

Richli Water completes water treatment plant in Bohol

Richli Water Inc. (RWI), a local water distribution utility, has completed construction of the Bugwak Sevilla Water Treatment Plant in Bohol—a key infrastructure project set to boost the province’s water security and cut reliance on groundwater sources.

Yuchengco seeks SEC withdrawal of broker-director term limit rule; challenges mandate in court 

Former Philippine Stock Exchange chair Ma. Vivian Yuchengco is urging the Securities and Exchange Commission (SEC) to withdraw a circular that sets term limits for the bourse’s broker-directors, stating the move weakens fundamental corporate governance principles and shareholder rights. In her statement, Yuchengco emphasized that good governance depends on directors earning and retaining shareholders’ trust, while regulators must respect that electoral choice. She noted that repeated re-election should not be dismissed by the SEC, but rather reinforces the commission’s duty to clearly justify why such a choice should be overridden. Along with fellow director Eddie Gobing, Yuchengco has also filed a petition with the Court of Appeals to have the rule declared unconstitutional; both bring extensive board experience, with Yuchengco having served 28 years and Gobing 25 years.

SEC overhauls corporate governance training rules for listed entities

The Securities and Exchange Commission (SEC) has issued revised guidelines governing mandatory corporate governance training for directors and key officers, aiming to align local practices with international standards and strengthen market trust. This new memorandum circular repeals two older issuances—MC No. 11 (Series of 2012) and MC No. 2 (Series of 2015)—replacing them with streamlined rules that apply to all publicly listed firms, public companies, registered issuers, and accredited training providers.

Meralco urges smarter grids as energy system evolves

Manila Electric Co. (Meralco) is pushing for electricity distribution to be treated as strategic national infrastructure as rooftop solar, battery storage, and electric vehicles reshape how power is produced, delivered, and consumed.

Banking & Insurance

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Corporate Bulletins

Meralco urges smarter grids as energy system evolves

Manila Electric Co. (Meralco) is pushing for electricity distribution to be treated as strategic national infrastructure as rooftop solar, battery storage, and electric vehicles reshape how power is produced, delivered, and consumed.

Security Bank, MUFG deepen decade-long ties as MUFG Manila gains universal banking license

Security Bank and MUFG Bank are advancing their 10-year strategic partnership, as MUFG Manila bolsters its presence in the country with an upgrade to a universal banking license this 2026—the same year their alliance marks a decade of collaboration.

Metrobank honors employees at 64th anniversary

For 64 years, Metrobank has stood by Filipinos through changing times, helping customers, businesses, and communities grow stronger. Behind this legacy are Metrobankers whose dedication built the trusted institution it is today.

Security Bank Foundation wins two Philippine Quill awards

Security Bank Foundation Inc. (SBFI) received two honors at...

Social Responsibility & Sustainability

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.

BPI’s Barangay PeraWise Caravan expands financial education in Caloocan

The Bank of the Philippine Islands (BPI) is expanding community financial education via its six-leg Barangay PeraWise Caravan to boost money skills and household well-being.

Globe extends monsoon relief to Central Luzon families

Globe is providing relief assistance to 700 families in Pampanga, Bulacan, and Bataan still recovering from the Southwest Monsoon, in partnership with Ayala Foundation Inc. Covered areas include Pampanga’s Masantol, Macabebe, Apalit, Candaba, Bulacan’s Calumpit, and Bataan’s Hermosa and Dinalupihan, building on earlier Alagang Globe support as recovery proceeds. The company confirms full restoration of mobile and broadband services previously disrupted across parts of Metro Manila and Rizal province.

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

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.

Electric cooperatives demand energy reforms as Visayas power grid struggles 

Persistent power alerts in the Visayas have prompted the Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) to call for major government-led structural reforms in the energy sector.

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

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.

PEZA to approve first IT center in Manila

Manila is poised to get its first Philippine Economic Zone Authority-accredited information technology center as developers move to tap renewed demand for IT-BPM and technology facilities in Metro Manila.

Health & Science

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Opinion

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?

The math behind Duterte’s impeachment vote

The math, more than politics, may hold the key to Vice President Sara Duterte’s political future. And the numbers could be settled within the next two weeks, when the Senate, sitting as an impeachment tribunal, decides which denominator should be used in determining the votes needed for conviction or acquittal.

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.