Just in

Top News

Inflation hits 3-year high on oil shocks, policy tightening eyed

Philippine inflation surged to a three-year high in April, exceeding expectations and strengthening the case for further monetary tightening, according to data released by the Philippine Statistics Authority.

News Dispatch

Agriculture

DA ramps up swine repopulation to recover from ASF losses

The Department of Agriculture (DA) is speeding up efforts to rebuild the country’s hog industry after heavy losses from African Swine Fever (ASF).

TESDA, Nestlé expand coffee training for farmers 

The Technical Education and Skills Development Authority (TESDA) and Nestlé Philippines are ramping up a joint initiative to upskill Filipino coffee farmers, aiming to boost productivity, enhance bean quality, and create more sustainable livelihoods in rural communities.

Agricultural trade deficit widens in March to $1.17B

The Philippines’ agricultural trade deficit widened sharply in March as import growth continued to outpace exports, highlighting persistent supply constraints despite rising overall trade, according to the Philippine Statistics Authority.

DA steps in as palay prices drop in some areas

The Department of Agriculture (DA) is taking action to stabilize palay (unhusked rice) prices after declines were reported in several major rice-producing provinces.

Corporate

DigiPlus profit in Q1 falls as access rules bite

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

RCBC widens MySSS card access via DiskarTech

Rizal Commercial Banking Corp., the country’s 6th largest lender by assets,  is deepening its push into digital inclusion by allowing users of its DiskarTech app to directly apply for the MySSS Mastercard Debit Card, streamlining access to both banking services and government benefits in one platform.

NLEX posts higher profit in 2025 on strong toll revenues

NLEX Corp. reported an 18 percent increase in net income in 2025, reaching ₱14.28 billion from ₱12.07 billion in 2024, driven by higher toll collections and better cost management.

Impact Investment Exchange raises $92M for women-focused climate projects

Singapore-based Impact Investment Exchange (IIX) has raised a total of $92 million from two tranches of its Women’s Livelihood Bond 7 (WLB7), aimed at supporting about one million women and girls in Asia.

Banking & Insurance

spot_img

Corporate Bulletins

RCBC widens MySSS card access via DiskarTech

Rizal Commercial Banking Corp., the country’s 6th largest lender by assets,  is deepening its push into digital inclusion by allowing users of its DiskarTech app to directly apply for the MySSS Mastercard Debit Card, streamlining access to both banking services and government benefits in one platform.

FPIP, locators named among Tanauan City’s top taxpayers for 2025

The Tanauan City Government has recognized First Philippine Industrial Park (FPIP) and 10 of its locators as among the city’s top business and real property taxpayers for 2025.

Manila Water named among Top 10 firms in ATRAM sustainability fund

Manila Water has been included in the Top 10 companies of the ATRAM Philippine Sustainable Development and Growth Fund after a review of firms based on sustainability performance.

Kishida visits Philippines, meets Zubiri and energy partners

Former Japanese Prime Minister Fumio Kishida, now a lawmaker, visited the Philippines as a special envoy of Prime Minister Sanae Takaichi.

Social Responsibility & Sustainability

Lender powers 100 branches with renewable energy

The Bank of the Philippine Islands (BPI) has reached a key sustainability milestone, with 100 of its branches now running entirely on renewable energy.

San Jose del Monte seizes control of PrimeWater operations

The San Jose del Monte city government has assumed control of water supply operations formerly managed by PrimeWater Infrastructure Corp., responding to a deepening distribution crisis that has left thousands of households without reliable access.

Manila Water strengthens heat safety measures for workers amid rising temperatures

Manila Water has rolled out additional safety measures to protect its workers and contractors from heat-related illnesses as high temperatures continue across Metro Manila’s East Zone and Rizal Province.

Parañaque fishers get financial training support

Fisherfolk in Barangay La Huerta are getting help to better manage their income through a new financial education program led by the Bangko Sentral ng Pilipinas, the Parañaque city government, and BDO Foundation.

Markets

PSEi range-bound amid global risks, weak peso

The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.

Peso slides, stocks stall as caution builds

Philippine financial markets are in a consolidation phase, with the peso and equities under pressure as tighter monetary conditions and inflation concerns weigh on sentiment.

Women entrepreneurs drive economy but need more support to scale

Filipina entrepreneurs—many of them mothers—play a major role in the Philippine economy, owning 66 percent of existing businesses and 62 percent of newly registered enterprises. Despite this strong presence, many women-led micro, small, and medium enterprises (MSMEs) struggle to grow due to limited access to funding, low digital adoption, and the challenge of balancing business and family responsibilities.

Peso stalls, stocks drift amid global uncertainty

The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.

Travel

spot_img

Energy

Meralco says up to P9 billion more in refunds possible, pending ERC decision

The Manila Electric Co. (Meralco) said it may refund up to P9 billion more to customers, depending on the final decision of the Energy Regulatory Commission (ERC).

Alsons Power highlights need for timely outage reporting

Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

Tiny ocean plants could power future fuels

A new study is sharpening the case for marine microalgae as a serious contender in the global energy transition, arguing that the path to commercial biofuels may hinge less on biology and more on better system design.

Malampaya Phase 4 nears first gas production

Malampaya Phase 4 (MP4) is shifting decisively from drilling success to full-scale integration, marking a critical step toward delivering new gas supply and reinforcing the Philippines’ energy outlook. 

Transport & Communications

spot_img

Property

Megaworld tightens grip on Iloilo office market

Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is cementing its dominance in Western Visayas, capturing a commanding 48 percent share of Iloilo’s office market as demand continues to shift toward integrated township developments outside Metro Manila.

Torre Lorenzo breaks ground on Davao Crest Suites

Business and leisure converge in Davao City as Crest Suites at Tierra Davao, the latest hospitality development of Torre Lorenzo Development Corporation (TLDC), officially breaks ground, marking a strategic expansion of the company’s hospitality footprint beyond Metro Manila.

Megaworld sustains growth as townships drive stability

Property giant Megaworld Corporation posted a 6 percent rise in net income in the first quarter of 2026, reaching P6.2 billion from P5.8 billion a year earlier, supported by steady gains across its leasing, hotel, and residential businesses.

Affordable housing fuels Metro Manila condo recovery

Metro Manila’s residential condominium market is beginning to show signs of recovery, largely fueled by sustained demand for affordable housing—even as vacancy rates remain elevated, according to Colliers Philippines.

Environment

spot_img

Technology

DICT targets up to 80% cut in broadband costs by 2028

The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.

Fortinet report warns cybercrime is faster, smarter, and driven by AI

Cybersecurity tech and research leader Fortinet has released its latest global threat report, showing that cybercrime is becoming more organized, faster, and increasingly powered by artificial intelligence.

Singapore infrastructure cyber incident highlights third-party security gaps

A recent cybersecurity incident involving Shanghai Tunnel Engineering Company Singapore (STECS) has raised concerns about risks linked to third-party contractors in critical infrastructure projects.

Globe provides aid, connectivity support as Mayon unrest continues

Telecom company Globe Telecom has rolled out relief and connectivity support for communities in Albay as Mayon Volcano remains under Alert Level 3 due to ongoing unrest.

Health & Science

spot_img

Opinion

A house divided: Lopez family rift tests corporate governance

“Every kingdom divided against itself is brought to desolation, and every house divided against itself will not stand.” In the Lopez corporate universe, the verse now reads less like scripture and more like a live governance case file—complete with injunctions, contested boardrooms, and competing versions of who nearly switched off the lights.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Fuel crisis or policy gap?

Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.

Choked Hormuz puts global food supply at risk

Food, not fuel, may prove the first and most immediate casualty of the Middle East conflict as disruption grips the Strait of Hormuz, a narrow sea lane with an outsized role in feeding the world.

Sports & Entertainment

spot_img

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.