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BSP cuts digital transaction fees, boosts access for micro-businesses

The Bangko Sentral ng Pilipinas (BSP) has introduced new rules under Circular No. 1238, issued June 17, 2026, to make digital payments fairer, more transparent, and more affordable.

News Dispatch

Agriculture

Philippine ube sector holds growth potential but faces development gaps – USDA

A new assessment by the United States Department of Agriculture Foreign Agricultural Service (USDA-FAS) reveals that the Philippines’ ube, or purple yam, value chain holds significant growth opportunities, yet requires coordinated action to address critical structural and operational challenges.

PH-Japan project upgrades grains quality testing system

The Department of Agriculture (DA) and the National Food Authority (NFA) will upgrade the country’s grain quality testing system through a P184.2-million project funded jointly by the Philippine and Japan.

Sugar industry welcomes closure of bioethanol import loophole

The United Sugar Producers’ Federation of the Philippines (Unifed) has welcomed new guidelines from the Department of Agriculture (DA) and Sugar Regulatory Administration (SRA) that closes a regulatory loophole affecting imports of sugar-based feedstocks for bioethanol production.

DA allocates funds and launches programs to preserve Ifugao rice terraces

The Department of Agriculture (DA) is stepping up efforts to protect the Ifugao Rice Terraces, a UNESCO World Heritage Site, from threats including climate change, aging infrastructure, and shifting farming practices. Agriculture Secretary Francisco Tiu Laurel Jr. led an assessment visit to Banaue and Batad Rice Terraces over the weekend to review conditions and consult with local farmers and officials.

Corporate

McDonald’s, Megawide expand partnership for early learning programs

As the new school year approaches, McDonald's Philippines, Ronald McDonald House Charities (RMHC) Philippines and Megawide Foundation have renewed their commitment to early childhood education with the reopening of the refurbished Ronald McDonald Bahay Bulilit Learning Center in Barangay Mambog IV, Bacoor City.

GCash parent Mynt files for P92.3-billion IPO with SEC

Mynt Inc., the parent company behind leading digital financial platform GCash, has submitted its registration statement to the Securities and Exchange Commission (SEC) to pursue an initial public offering (IPO) that could raise up to ₱92.3 billion.

GCash, Wovoka launch million-tree drive for climate, livelihood 

GCash's sustainability platform GForest and climate technology developer Wovoka Philippines have launched a five-year initiative to plant more than one million native trees and mangroves, tapping digital finance to accelerate ecosystem restoration while creating green jobs in climate-vulnerable communities.

Meralco energizes new substation in Cavite

Manila Electric Company (Meralco) has placed the new Osorio (Conchu) Substation into operation. This project adds 83 megavolt amperes of capacity and upgrades key equipment to improve power reliability in Trece Martires City and General Trias.

Banking & Insurance

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Corporate Bulletins

Meralco energizes new substation in Cavite

Manila Electric Company (Meralco) has placed the new Osorio (Conchu) Substation into operation. This project adds 83 megavolt amperes of capacity and upgrades key equipment to improve power reliability in Trece Martires City and General Trias.

LG Electronics Philippines connects with Subic hospitality sector in technology showcase

LG Electronics Philippines recently held a two-day event in partnership with WSI, Subic Freeport Chamber of Commerce, and Subic Hotel Association at Lighthouse Hotel Subic on April 23–24.

Maya shifts to recycled plastic cards

Maya has begun rolling out cards made from recycled plastic (rPVC) and plans to transition all newly produced prepaid cards to recycled materials by the end of the year as part of its sustainability commitment.

EastWest opens new branch at LIMA Estate in Lipa City

East West Banking Corporation (EastWest) has expanded its network with the opening of a new branch at The Outlets at LIMA Estate in Lipa City, Batangas.

Social Responsibility & Sustainability

McDonald’s, Megawide expand partnership for early learning programs

As the new school year approaches, McDonald's Philippines, Ronald McDonald House Charities (RMHC) Philippines and Megawide Foundation have renewed their commitment to early childhood education with the reopening of the refurbished Ronald McDonald Bahay Bulilit Learning Center in Barangay Mambog IV, Bacoor City.

GCash, Wovoka launch million-tree drive for climate, livelihood 

GCash's sustainability platform GForest and climate technology developer Wovoka Philippines have launched a five-year initiative to plant more than one million native trees and mangroves, tapping digital finance to accelerate ecosystem restoration while creating green jobs in climate-vulnerable communities.

Vietnam firms pledge P50M aid for Mindanao quake relief

Vietnamese companies VinFast, V-Green, VinEnergo, and Green GSM have committed more than P50 million in emergency assistance for communities affected by the devastating 7.8-magnitude earthquake that struck Mindanao on June 8, 2026, signaling both humanitarian support and deepening regional investment ties with the Philippines.

Ayala units expand financial literacy programs to community areas across Luzon

The Bank of the Philippine Islands (BPI), through its foundation arm, is advancing financial inclusion by rolling out financial education initiatives in communities near ACEN’s renewable energy project sites. The partnership covers areas in Quezon, Laguna, and Zambales provinces, targeting around 3,000 direct beneficiaries.

Markets

Calmer oil, cheaper fuel buoy local equities

Philippine shares could finally catch their breath this week.

Tanduay retains World’s Top Rum spot for 9th straight year

Tanduay, the Philippine rum brand owned by tycoon Lucio Tan, has kept its title as the world’s best-selling rum for nine consecutive years, according to Drinks International Magazine.

Hormuz risk keeps peso, PSEi on edge

Philippine financial markets are heading into the week on a cautious footing as renewed threats by Iran to potentially close the Strait of Hormuz inject fresh volatility into global oil supply expectations and inflation outlooks, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.

Mynt IPO May Put Philippine Stocks Back in Play

The planned initial public offer of Mynt, the company behind GCash, could do more than raise fresh capital. It may provide the Philippine stock market with the kind of growth story it has been missing.

Travel

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Energy

Philippines pitches flagship mines to capture minerals investments

The Philippines is stepping up efforts to attract global mining investors by showcasing its flagship copper and gold projects, positioning the country to capitalize on soaring demand for critical minerals driven by the energy transition and the realignment of global supply chains.

Mixed fuel price adjustments expected this week – DOE

The Department of Energy (DOE) announced Monday the various fuel companies may implement varying price adjustments for the week starting June 29, 2026.

WB approves record $1.02B Philippine energy, water loan

The World Bank Group has approved a record USD1.02-billion financing package for the Philippines, backing reforms aimed at lowering electricity costs, strengthening water security and accelerating the country's transition to cleaner energy.

Steel sector bets on infrastructure, roadmap for growth

The Philippine steel industry remains cautiously optimistic despite slowing construction activity, pinning its long-term growth hopes on the government's infrastructure pipeline and a long-awaited industry roadmap aimed at strengthening domestic manufacturing.

Transport & Communications

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Property

Ayala Land expands Lio Estate as long-stay demand grows

Ayala Land Inc. (ALI) is stepping up investments in its 320-hectare Lio Estate in El Nido, Palawan, betting that the next wave of tourism growth will be driven less by short vacations and more by long-stay living, remote work and integrated island communities.

Global real estate shifts into recovery and balancing fears – Colliers

Global commercial real estate markets are entering a period of recovery and rebalancing, backed by steady capital flows and new opportunities driven by changing work habits and global supply chain adjustments, according to insights shared by Colliers executives at the recent 56th WTCA Global Business Forum in Philadelphia.

First-quarter property price expansion broad-based; market momentum recovers

Residential property prices posted broad-based quarterly growth in the first quarter of 2026, with both the National Capital Region (NCR) and Areas Outside NCR (AONCR) contributing to the overall increase.

DHSUD clears complaints backlog via conciliation push

The Department of Human Settlements and Urban Development (DHSUD) is accelerating efforts to resolve long-standing disputes between homebuyers and developers, clearing more than 1,100 complaint cases in less than two months under its Zero Backlog Program.

Environment

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Technology

Converge, SKY Cable reaffirm active partnership amid ending speculation

Converge ICT Solutions Inc. confirmed on Monday that its commercial arrangement with SKY Cable Corp. remains fully in place, putting to rest reports suggesting the partnership was set to end. In its statement, Converge assured customers that the existing agreement continues without disruption, with both firms committed to delivering consistent broadband and digital connectivity across the country.

Globe gets NTC approval for national Starlink satellite-to-mobile service

Globe Telecom Inc. has received official approval from the National Telecommunications Commission (NTC) to commercially operate Starlink’s satellite-to-mobile services across the Philippines. This permit, signed by NTC Commissioner Ella Blanca Lopez, aligns with the government’s goal to advance digital transformation and close the digital divide nationwide.

NTC to collect nearly P3.8 billion in unpaid fees from NOW Telecom after Supreme Court ruling

The National Telecommunications Commission (NTC) will proceed with the collection of around ₱3.8 billion in outstanding Supervision and Regulation Fees (SRF) from NOW Telecom Inc., following a final and executory Supreme Court ruling.

Gaming industry pushes literacy over blanket bans 

The Philippine video game industry is pushing back against calls for blanket bans on violent video games, arguing that stronger digital literacy, parental supervision, and better enforcement of age restrictions would do far more to protect children online than outright prohibitions.

Health & Science

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Opinion

The great fork heist and other national priorities

At long last, the public can sleep soundly. The National Capital Region Police Office has announced the arrest of a 43-year-old man accused of attempting to make off with 26 forks and seven silver spoons from a Manila hotel—the estimated value of the alleged loot is P12,658.14.

Reframing the South China Sea conversation 

For more than a decade, the South China Sea has been ASEAN's diplomatic traffic jam. Everyone knows there is a problem. Everyone agrees it matters. Yet the moment the conversation turns to China, the convoy grinds to a halt.

Ghosts of 1949 haunt today’s Senate

The Philippine Senate has a remarkable talent for proving that history never really leaves the chamber. It merely changes surnames.

Silent senators forfeit democracy’s mantle

The Senate has been regarded as the last bastion of democratic dissent—a chamber where statesmen stood their ground, challenged power, and refused to let their voices be drowned out by political pressure or executive overreach. It was where difficult questions were asked, unpopular truths were spoken, and silence was treated not as a virtue but as a surrender.

Sports & Entertainment

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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.