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Agriculture
PCIC prepares P36M insurance payouts for farmers hit by recent storms, monsoon
The Philippine Crop Insurance Corp. is set to release about P36 million in insurance benefits for 5,005 farmers whose insured farms sustained damage from Typhoons Luis and Maymay, as well as the southwest monsoon, between August 1 and 11.
Ifugao terraces seek a future beyond preservation
The Ifugao Rice Terraces have survived for roughly 2,000 years, but their next chapter may depend on something less ancient and far more complicated, a master plan.
LG launches 2026 ‘Life’s Good’ campaign to ease everyday mental load via AI
LG Electronics has kicked off its 2026 "Life's Good" campaign centered on the theme "Free up your mind," showing how its AI-enabled solutions can take over routine tasks and help people focus on what matters most.
Philippine ube finds sweeter market in Japan
Philippine ube is making a deeper mark in Japan, where its vivid purple color and distinctive flavor are turning the humble root crop into an increasingly versatile ingredient for chefs, cafés, and food makers.
Corporate
Bloomberry bets on digital growth as VIP demand softens
Bloomberry Resorts Corp. is leaning harder into digital gaming and cost discipline as weak demand from VIP and premium mass players keeps pressure on its traditional gaming business.
Asiabest Group shareholders back expansion and recapitalization plan
Asiabest Group International, Inc. (ABG) secured stockholder approval for a major expansion and recapitalization program during its annual meeting held August 11, 2026.
Alliance Global profit rises on recurring income
Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew L. Tan, posted net income of P16.0 billion in the first half of 2026, up 3 percent from P15.6 billion a year earlier, excluding one-time gains from the deconsolidation of Golden Arches Development Corp. in 2025.
PLDT flags material weakness in financial controls
PLDT Inc. said it has identified a material weakness in its internal controls over financial reporting as of December 31, 2025, after a reassessment of deficiencies tied to the accounting of certain structured hedge arrangements.
Corporate Bulletins
Mitsubishi Motors awards spotlight sustainable manufacturing
Mitsubishi Motors Philippines Corp. (MMPC) earned multiple honors at the GREEN Awards, underscoring how environmental sustainability is becoming an increasingly important priority for manufacturers facing pressure to reduce resource use and environmental impact.
Ayala Land HR awards spotlight people strategy
Ayala Land Inc. (ALI) emerged as the overall top-performing organization at the 5th HR Excellence Awards Philippines, taking home six Gold, two Silver, and one Bronze award, the highest tally among 64 participating organizations.
Meralco, PNP boost ties in combat vs power thieves, system loss
Manila Electric Company (MERALCO), led by Manuel V. Pangilinan, and the Philippine National Police (PNP) have renewed their shared commitment to stop electricity theft and the illegal taking of power distribution facilities and materials.
Cebuana Lhuillier awards highlight marketing’s new role
Cebuana Lhuillier’s three wins at the 2026 Marketing Excellence Awards show how the financial services company is using marketing to do more than promote products. It is using the discipline to build trust, strengthen customer relationships, and make a growing financial ecosystem more relatable.
Social Responsibility & Sustainability
Nestlé takes on stunting with nutrition, schools
The Philippines has a growth problem, and it has little to do with the economy.
SM: Sustainability is sound business strategy, not just social responsibility
For years, many businesses have treated sustainability as separate from core operations. SM Investments takes a different view: sustainable practices are simply smart business decisions.
San Miguel’s Backyard Bukid expands to 9 sites, reaches Visayas
San Miguel Corp. has grown its Backyard Bukid initiative to nine sites nationwide, marking its first presence in the Visayas as the project shifts from urban farming to boost community food security and livelihoods.
Pax Silica hub targets USD 200B exports
The planned Pax Silica industrial hub in New Clark City is targeting its first 10 to 20 locators within five years of construction, with an ambitious goal of generating as much as USD200 billion in exports over a 30-year development period.
Markets
Peso, stocks brace for volatility as rate bets fade
Philippine markets may stay on edge as investors juggle Middle East risks, oil prices and the next move by the Bangko Sentral ng Pilipinas, but fading rate-hike bets are giving both the peso and stocks some breathing room.
AI transforms retail but fundamentals still drive growth
Artificial intelligence is rapidly reshaping Philippine retail, but technology alone will not determine which businesses succeed, according to venture capital firm Kickstart Ventures, which says disciplined execution and sound business fundamentals remain the strongest drivers of sustainable growth.
Retailers see modest growth amid rising costs, online rivals
Philippine retailers are bracing for another challenging year, with industry growth expected to remain in the single digits as higher operating costs, cautious consumers, and intensifying competition from online sellers continue to squeeze margins, according to the Philippine Retailers Association (PRA).
Retailers told to embrace AI without losing human touch
The Philippine Retailers Association (PRA) on Thursday urged businesses to accelerate their adoption of artificial intelligence while ensuring that technology complements, rather than replaces, the human connections that underpin customer loyalty.
Energy
DOE works with BARMM MENRE to boost regional energy sector
The Department of Energy (DOE) is partnering closely with the BARMM Ministry of Environment, Natural Resources and Energy (MENRE) to strengthen energy security, expand access, and develop local resources.
DOE ramps up waste-to-energy push, expands auction target to 400 MW
The Department of Energy (DOE) is accelerating its waste-to-energy (WTE) programs following President Ferdinand Marcos Jr.’s renewed directive to turn leftover waste into useful resources, amid growing concerns that garbage building up in waterways is contributing to flooding.
Manila hosts 13th ASEANTOM meeting to boost regional nuclear safety
The Philippines is hosting the 13th ASEANTOM Annual Meeting from 11 to 13 August 2026 in Manila to strengthen ASEAN cooperation on nuclear safety, security and safeguards.
SMIC bets on renewables, 2GO to drive growth
SM Investments Corp. is looking to renewable energy and logistics to become bigger engines of portfolio growth as the conglomerate prepares for a possible decline in the segment’s contribution after Atlas Consolidated Mining and Development Corp. is transferred to another listed SM entity.
Property
Rockwell Land profit surges 46% on property growth
Rockwell Land Corp. delivered a stronger first half in 2026 as robust residential sales and an expanding commercial business pushed revenue and profit sharply higher, while also allowing the property developer to raise its dividend to a record level.
BCDA, Double 11 put P200M into Clark mobility hub
The Bases Conversion and Development Authority and Double 11 Properties Corp. are investing P200 million to build a mixed-use commercial and mobility hub in New Clark City, adding another private-sector bet on the emerging Central Luzon growth center.
Highlands, Hamilo Coast hold up amid property slowdown
SM Leisure Resort Residences is leaning on the resilience of its established leisure estates, Tagaytay Highlands and Hamilo Coast, as buyers continue to take a long-term view of vacation and second-home properties despite softer conditions in the broader real estate market.
DMW profit holds firm as leasing cushions property
D.M. Wenceslao and Associates Inc. (DMW) posted net income of P865 million in the first half of 2026, with its leasing business providing a sturdy cushion as geopolitical tensions and economic uncertainty weighed on property demand.
Technology
ABS-CBN raises P6B to fund media reboot
ABS-CBN Corp. is raising P6 billion in fresh equity as the media giant looks to shore up its balance sheet and accelerate a business reset built around content, intellectual property, and entertainment.
iSON’s $300M Philippine investment broadens digital push
Global technology and infrastructure company iSON is moving ahead...
PLDT to provide digital infrastructure for historic BARMM parliamentary elections
The government has partnered with PLDT Inc. to deliver connectivity and digital infrastructure for the first regular Bangsamoro Autonomous Region in Muslim Mindanao Parliamentary Elections, aiming to ensure a transparent and credible process.
Maya’s AI-first workforce approach wins global recognition
Maya, the country’s leading digital financial services platform, uses AI to improve recruitment, branding, onboarding, and employee engagement—not to replace human judgment, but to cut friction and build better experiences.
Opinion
EDSA puts Dizon to the test
Public Works Secretary Vince Dizon spent much of the past year cultivating the image of a no-nonsense reformer determined to clean up one of government’s most corruption-tainted agencies.
Lawyers still owe decency in impeachment trial
Impeachment may be political. It may be bruising, theatrical, and occasionally combustible. But it is still a legal proceeding, and lawyers do not get a temporary exemption from good manners simply because the stakes are high.
Alex Eala’s sweetest revenge spoke louder than cheers
Some victories earn ranking points.
Others settle unfinished conversations.
Alex Eala's...
Exclusive
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.
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.
