Friday, 12 December 2025, 10:31 pm

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    Trade gap pushes BOP to US$5.3-B deficit

    The country posted a US$5.3-billion balance of payments (BOP) deficit in the first nine months of 2025, equal to 1.5 percent of GDP, as tighter global financial conditions and trade uncertainties weighed on the external sector.

    News Dispatch

    Agriculture

    DA holds Christmas “boodle fights” with farmers, fisherfolk

    The Department of Agriculture (DA) on Friday hosted simultaneous Christmas “boodle fights” in eight major fish ports and landing areas nationwide as part of its Paskong Baybayin celebration honoring farmers and fisherfolk.

    Navotas cold storage raided for unsafe, expired food

    The Department of Agriculture (DA) and the CIDG–PNP raided two Solid Sea Products cold storage warehouses in Navotas City on Thursday after finding frozen meat and fish allegedly stored in unsafe and unsanitary conditions.

    DA targets major road projects to unlock Mindanao farmland potential

    Agriculture Secretary Francisco P. Tiu Laurel Jr. is pushing an aggressive farm-to-market road (FMR) buildout in Mindanao, betting that hundreds of billions of pesos in untapped agricultural value can finally be unlocked once long-isolated farmlands are connected to commercial hubs.

    DA completes nationwide rollout of P20 rice

    The Department of Agriculture (DA) has officially completed bringing the P20-per-kilo rice program to all 82 provinces, marking a key milestone in the Marcos administration’s push for more affordable and stable food supplies.

    Corporate

    Manila Water switches on 3.8 MW of solar power across 10 facilities

    Manila Water, in partnership with MSpectrum, has completed the installation of 3.8 megawatts-peak (MWp) of solar capacity across ten of its facilities.

    Meralco, OMF electricity to Manila families for Christmas

    Manila Electric Company (Meralco) and its corporate social responsibility arm, One Meralco Foundation (OMF), have provided safe and reliable electricity to 179 low-income households in Manila just in time for Christmas.

    SM launches free sustainability course for MSMEs

    SM Investments Corp., in partnership with the Global Reporting Initiative (GRI), has launched a free online course to help micro, small, and medium enterprises (MSMEs) learn about sustainability reporting. The program was announced during a recent training workshop for publicly listed companies at SMX Aura in Taguig.

    BPI Foundation, LSGH partner to expand financial literacy efforts

    BPI Foundation has teamed up with La Salle Green Hills (LSGH) to bring financial education to underserved communities through the FinEd Unboxed program.

    Banking & Insurance

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    Corporate Bulletins

    Manila Water switches on 3.8 MW of solar power across 10 facilities

    Manila Water, in partnership with MSpectrum, has completed the installation of 3.8 megawatts-peak (MWp) of solar capacity across ten of its facilities.

    Meralco, OMF electricity to Manila families for Christmas

    Manila Electric Company (Meralco) and its corporate social responsibility arm, One Meralco Foundation (OMF), have provided safe and reliable electricity to 179 low-income households in Manila just in time for Christmas.

    BPI Foundation, LSGH partner to expand financial literacy efforts

    BPI Foundation has teamed up with La Salle Green Hills (LSGH) to bring financial education to underserved communities through the FinEd Unboxed program.

    Maya empowers OFWs with financial literacy in Hong Kong

    Maya, the country's top fintech platform, joined the Financial Literacy and Digital Adoption Program for OFWs in Hong Kong, helping Filipinos manage savings, credit, remittances, and avoid scams through its FinFit Program.

    Social Responsibility & Sustainability

    SM launches free sustainability course for MSMEs

    SM Investments Corp., in partnership with the Global Reporting Initiative (GRI), has launched a free online course to help micro, small, and medium enterprises (MSMEs) learn about sustainability reporting. The program was announced during a recent training workshop for publicly listed companies at SMX Aura in Taguig.

    Honda shines with solar, cuts factory power cost

    Honda Parts Manufacturing Corp. (HPMC) has switched on the...

    L’Oreal, DTI development of beauty skills spark career, commerce

    L’Oréal Philippines is widening its push to develop the next generation of beauty and social commerce entrepreneurs, expanding its Beauty for a Better Life (BFBL) E-Beauty Advisor (e-BA) Program across Luzon in partnership with the Department of Trade and Industry (DTI), local governments, and academic institutions.

    McDonald’s opens Green & Good store in Cebu

    World famous fast food chain, McDonald’s, marked its 44th year in the Philippines with the opening of a new Green and Good store at Il Corso Cebu recently, reinforcing the food company’s twin push for sustainability and inclusive employment.

    Markets

    AI data center spending fears hurts Oracle

    Oracle Corp. shares tumbled 11 percent on Thursday after the company reported earnings that intensified investor worries about the rising debt behind the industry’s race to build AI data centers. 

    SEC orders XM operator to halt unlicensed securities 

    The Securities and Exchange Commission (SEC) has issued a cease-and-desist order against Trading Point Holdings Inc., operator of XM Group/XM.com, for offering securities in the Philippines without the required licenses.

    PNB returns to bond market with P15.7-B ASEAN offering

    Philippine National Bank (PNB) has made its first domestic bond market return since 2019, raising P15.7 billion through a dual-tranche ASEAN Sustainability bond issuance.

    Fed rate cut sparks rally on Wall Street

    Wall Street roared higher Wednesday after the Federal Reserve cut interest rates by a quarter-percentage point and Chairman Jerome Powell all but shut the door on any future hikes.

    Travel

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    Energy

    Manila Water switches on 3.8 MW of solar power across 10 facilities

    Manila Water, in partnership with MSpectrum, has completed the installation of 3.8 megawatts-peak (MWp) of solar capacity across ten of its facilities.

    Meralco, OMF electricity to Manila families for Christmas

    Manila Electric Company (Meralco) and its corporate social responsibility arm, One Meralco Foundation (OMF), have provided safe and reliable electricity to 179 low-income households in Manila just in time for Christmas.

    Yellow alert briefly raised in Visayas grid

    The Visayas power grid was briefly placed under a yellow alert on Thursday, December 11, due to several power plants being unavailable. A yellow alert means power reserves are low, but rolling outages are not yet expected.

    DOE vows action on delayed GEA projects

    The Department of Energy (DOE) is taking steps to address renewable energy projects under the Green Energy Auction (GEA) program that have failed to meet their committed delivery timelines.

    Transport & Communications

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    Property

    Gov’t rolls out PlanSmart to modernize land use planning

    The department of the environment, housing and urban development as well as science and technology (DENR, DHSUD, and DOST) have launched PlanSmart for Sustainable Human Settlements, a digital platform designed to modernize land use and development planning across the Philippines.

    Human Settlements agency unveils high-density housing plan

    The Department of Human Settlements and Urban Development (DHSUD) is stepping up to address urban housing challenges by integrating high-density housing (HDH) into President Ferdinand R. Marcos Jr.’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program.

    Aboitiz unifies real estate ambitions for scale

    The Aboitiz Group is tightening its grip on the Philippine real estate landscape as it moves to integrate Aboitiz Land and Aboitiz Economic Estates (AEE) into a single property arm.

    Megaworld to add malls to Mreit starting next year

    Megaworld Corp. will begin transferring about 70,000 sqm of mall space to its REIT unit, Mreit Inc., next year, with the infusion to be done in two batches that may include a property-for-share swap. 

    Environment

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    Technology

    AI data center spending fears hurts Oracle

    Oracle Corp. shares tumbled 11 percent on Thursday after the company reported earnings that intensified investor worries about the rising debt behind the industry’s race to build AI data centers. 

    MVP Group chiefs explore AI to drive growth

    Leaders of the MVP Group gathered at the 2025 Annual Corporate Governance Enhancement Session (ACGES) at the Meralco Theater to explore how artificial intelligence (AI) can drive business growth and improve decision-making across their companies.

    Apple power surge lifts smartphone outlook

    Worldwide smartphone makers are ending 2025 with renewed momentum, as global shipments are now forecast to rise 1.5 percent year-on-year to 1.25 billion units, according to the International Data Corp.’s (IDC) latest tracker. 

    Filipinos face relentless surge in daily scams 

    More than three in four Filipino adults encountered a scam in the past year, with attempts striking at a pace of nearly one every two days, according to the 2025 Philippine State of Scam Report from the Global Anti-Scam Alliance (GASA) and Gogolook.

    Health & Science

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    Opinion

    Thousands lose jobs in brutal anti-graft war

    President Ferdinand Marcos Jr.’s anti-corruption blitz in flood-control and public-works agencies was meant to clean house. Instead, it is triggering political, economic, and social tremors that now overshadow its stated purpose. The irony is hard to ignore: a campaign launched to restore trust is increasingly viewed as deepening uncertainty.

    Airbus A320 recall shakes global travel

    The sudden global recall of nearly 6,000 Airbus A320-family aircraft has sent shockwaves through aviation, tourism, and trade.

    Valuation shock shatters an industry titan

    November 13, 2025 will not fade easily from the memory of Manuel Villar. For the Filipino property magnate—ranked the country’s third wealthiest by Forbes—that date marked a reckoning. His flagship investment holding firm, Villar Land Holdings Corp., formerly Golden M.V. Holdings, finally submitted its long-delayed 2024 audited annual report to the Philippine Stock Exchange (PSE). The filing arrived seven months past deadline—and detonated like a financial depth charge.

    Nets, nations, and the stingy sea

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

    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,...