Tuesday, 16 December 2025, 1:33 pm

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    ERC raises WESM secondary price cap limits

    The Energy Regulatory Commission (ERC) has approved the upper limit of the secondary price cap (SPC) helping hold the Wholesale Electricity Spot Market (WESM) together, a mechanism meant to protect consumers from sharp price spikes.

    News Dispatch

    Agriculture

    Belgian pork offers stability amid ASF pressures

    As the Philippines intensifies efforts to contain African Swine Fever (ASF), global pork supply chains are adjusting, and Belgian exporters are positioning themselves as a dependable alternative source for the local market.

    Palay prices rebound in November as import freeze bites

    Farm gate prices of palay posted a modest recovery in November, offering some relief to rice farmers after months of sharp declines. Data from the Philippine Statistics Authority (PSA) showed the national average palay price rose to P16.92 per kilo, up 6.5 percent from P15.89 in October.

    DA goes data driven ahead of command center launch

    Agriculture Secretary Francisco P. Tiu Laurel Jr. has called on officials and employees of the Department of Agriculture (DA) to accelerate data collection efforts ahead of the launch of the agency’s new Command Center, a central platform that will drive the department’s digitalization strategy and serve as the backbone for evidence-based policymaking.

    DA backs direct purchases, stronger market access for farmers

    Agriculture Secretary Francisco P. Tiu Laurel Jr. has called for a faster, more disciplined overhaul of how government agencies support farmers and fisherfolk, directing those under the Department of Agriculture to focus on securing stable demand, strengthening market access, and helping agri-fishery enterprises with business-level rigor.

    Corporate

    BDO Pay offers simpler, cash-free shopping for the holiday season

    As holiday shopping peaks, BDO is promoting BDO Pay as a convenient way for shoppers to manage payments during the busy Christmas season.

    ACR gets higher credit rating from PhilRatings

    Alsons Consolidated Resources Inc. (ACR) has received a higher credit rating from Philippine Rating Services Corp. (PhilRatings), which upgraded the company’s issuer credit rating to PRS Aa with a stable outlook.

    Metro Manila water rates to rise next year

    Metro Manila water rates will increase starting next year, the Metropolitan Waterworks and Sewerage System–Regulatory Office (MWSS-RO) said on Monday. The adjustments are meant to reflect changes in taxes and environmental charges.

    ICTSI expansion to boost Rio port capacity by over 70% 

    International Container Terminal Services Inc. (ICTSI) will invest R$948 million to expand and modernize the Rio Brasil Terminal at the Port of Rio de Janeiro from 2025 to 2029.

    Banking & Insurance

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    Corporate Bulletins

    BDO Pay offers simpler, cash-free shopping for the holiday season

    As holiday shopping peaks, BDO is promoting BDO Pay as a convenient way for shoppers to manage payments during the busy Christmas season.

    Tuguegarao hospital transitions to geothermal power

    Divine Mercy Wellness and Medical Center (DMWMC) in Tuguegarao City has partnered with First Gen Corp. to shift its electricity supply to renewable 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.

    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

    Trump teases weed reclassification, stocks quickly sober up

    President Donald Trump on Monday floated — but stopped short of promising — a rethink of marijuana’s federal status, sending cannabis stocks from high hopes to a harsh comedown.

    Treasury bill yields ease on BSP rate cut

    Average Treasury bill rates slipped at Monday’s auction, coming in below secondary-market levels after the Bangko Sentral ng Pilipinas (BSP) moved to further ease monetary policy.

    PCC, SEC sign data sharing agreement

    The Philippine Competition Commission (PCC) and the Securities and Exchange Commission (SEC) have signed a data sharing agreement to strengthen cooperation in promoting transparency and fair competition in the corporate sector.

    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. 

    Travel

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    Energy

    Fuel prices mixed this week

    The various fuel retailers will raise gasoline prices by P0.20 per liter starting Tuesday morning, while prices of diesel and kerosene will be cut by P0.20 per liter.

    Meralco opens bidding for green power drive

    The Manila Electric Co., the country largest power distributor better known as Meralco, has launched a Competitive Selection Process (CSP) to secure 200 megaWatts of baseload renewable energy capacity, strengthening compliance with its Renewable Portfolio Standards obligations and signaling fresh momentum for green power procurement.

    AboitizPower unit snaps up Ubay Solar in Bohol

    Listed energy firm Aboitiz Power Corp. said it has moved to fully acquire Ubay Solar Corp., strengthening its push to expand its renewable energy footprint in the Visayas.

    ERC sets reserve price for offshore wind auction

    The Energy Regulatory Commission (ERC) has set the preliminary reserve price for the fifth round of the Green Energy Auction (GEA5) at P10.3859 per kilowatt-hour for fixed-bottom offshore wind projects.

    Transport & Communications

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    Property

    Developers get housing compliance deadline extension 

    Private developers were granted additional time to comply with the government’s Balanced Housing Development Program, easing pressure on the property sector amid lingering economic and climate-related disruptions.

    NMIA ignites boom in Bulacan, Pampanga

    San Miguel Corp.’s New Manila International Airport (NMIA) is fast emerging as a powerful growth engine that could transform Bulacan and Pampanga into the country’s next major investment hotspot.

    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.

    Environment

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    Technology

    Germany orders 20 more Airbus H145M military helicopters

    Germany has ordered 20 additional H145M light combat helicopters from Airbus, raising its total order to 82 aircraft. The decision follows a contract signed in December 2023 that included an option for more helicopters.

    Tech firm warns no-code AI tools can be exploited for fraud

    Cybersecurity firm Tenable has released new research showing that no-code AI tools can be manipulated to commit financial fraud and leak sensitive data, raising serious concerns for businesses rapidly adopting these technologies. The research focuses on Microsoft Copilot Studio and highlights how the growing democratisation of AI, while designed to improve efficiency, can introduce major security risks if not properly governed.

    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.

    Health & Science

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    Opinion

    All revved up, nowhere to go

    There is a familiar sound in Philippine policymaking: an engine idling in neutral. It is neither progress nor collapse, just the quiet waste of momentum. This is where the government’s automotive incentive programs now stand. RACE and CARS were meant to strengthen local vehicle assembly, yet both remain stalled by delays, budget constraints, and unpaid commitments.

    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.

    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,...