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Gov’t secures funding for ₱20 rice subsidy until 2028

The government has secured sufficient funding to sustain President Ferdinand Marcos Jr.’s P20-per-kilo rice program through the end of his term in mid-2028, with most newly allocated funds remaining available for deployment, Agriculture Secretary Francisco P. Tiu Laurel Jr. confirmed.

News Dispatch

Agriculture

PCIC allocates P187 million for post typhoon farmer insurance payouts

The Philippine Crop Insurance Corp. (PCIC) has earmarked P187 million to provide financial relief to insured farmers who suffered losses from flooding and destruction caused by three typhoons and the intensified southwest monsoon.

ACPC speeds zero-interest loans for flood affected farmers and fishers

The Agricultural Credit Policy Council (ACPC) is simplifying access to emergency financing for farmers and fisherfolk hit by recent flooding, offering zero-interest, collateral-free loans that could be credited on the day of approval.

Coconut trade fair sales surge threefold to P309.6M

Sales generated by coconut micro, small, and medium enterprises (MSMEs) more than tripled to P309.57 million at this year’s COCONUTPhilippines Trade Fair, pointing to stronger demand for higher-value Philippine coconut products.

DA clears first ASF vaccine for commercial use, aiding swine recovery

The Bureau of Animal Industry has approved AVAC ASF LIVE—developed by AVAC Vietnam—as the first African Swine Fever vaccine for commercial sale in the Philippines, nearly seven years after the 2019 outbreak cut the national hog herd from 13 million to roughly 8 million heads.

Corporate

Maya earns multiple HR Excellence Awards for third straight year

Maya, the country’s leading digital financial services platform, has been recognized at the 2026 HR Excellence Awards Philippines for the third consecutive year, securing a Silver Award for Excellence in Performance Management Evolution and a Bronze Award for Excellence in HR Technology Use. Competing among 64 firms at the Grand Hyatt Manila ceremony, Maya also reached finalist status in five additional categories: Employee Engagement, Employer Branding, Leadership Development, Talent Acquisition, and Talent Management.

Mynt secures SEC approval for P92.32-billion IPO, first to benefit from eased public float rules

The Securities and Exchange Commission (SEC) has given the green light to Mynt Inc., operator of leading digital payments platform GCash, for its initial public offering (IPO) valued at up to P92.32 billion.

PLDT puts customer first, highlights strategic value at ACC CXO forum

Amid AI-driven digital transformation, PLDT Inc. emphasized customer-centricity, strategic investment, and partnerships for sustainable growth and resilience at the inaugural ACC CXO Forum in Hong Kong. Led by PLDT Global, the event gathered global industry and tech leaders to explore value creation in the digital economy, reflecting PLDT’s shift from telco provider to integrated digital services partner.

Proterial, AUSI seal 20-year clean energy PPA

Advent Upgrade Solar Inc. (AUSI) and Proterial Philippines Inc. have signed a 20-year power purchase agreement (PPA) to supply solar power to Proterial’s LIMA Estate facility, marking the industrial park’s first ground-mounted solar project.

Banking & Insurance

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Corporate Bulletins

Maya earns multiple HR Excellence Awards for third straight year

Maya, the country’s leading digital financial services platform, has been recognized at the 2026 HR Excellence Awards Philippines for the third consecutive year, securing a Silver Award for Excellence in Performance Management Evolution and a Bronze Award for Excellence in HR Technology Use. Competing among 64 firms at the Grand Hyatt Manila ceremony, Maya also reached finalist status in five additional categories: Employee Engagement, Employer Branding, Leadership Development, Talent Acquisition, and Talent Management.

PLDT puts customer first, highlights strategic value at ACC CXO forum

Amid AI-driven digital transformation, PLDT Inc. emphasized customer-centricity, strategic investment, and partnerships for sustainable growth and resilience at the inaugural ACC CXO Forum in Hong Kong. Led by PLDT Global, the event gathered global industry and tech leaders to explore value creation in the digital economy, reflecting PLDT’s shift from telco provider to integrated digital services partner.

Proterial, AUSI seal 20-year clean energy PPA

Advent Upgrade Solar Inc. (AUSI) and Proterial Philippines Inc. have signed a 20-year power purchase agreement (PPA) to supply solar power to Proterial’s LIMA Estate facility, marking the industrial park’s first ground-mounted solar project.

Areit names seasoned global finance executive Carballo as COO

Areit Inc., the real estate investment trust sponsored by Ayala Land Inc., has appointed Eduardo Javier P. Carballo as chief operating officer, effective September 7. The appointment bolsters the company’s leadership and financial capabilities as it advances its expansion and portfolio growth goals.

Social Responsibility & Sustainability

Security Bank staff paint Iloilo school classrooms, advancing education goals

Fifty-one Security Bank employees from six local branches volunteered August 1, 2026, to paint new classrooms at Iloilo City National High School (ICNHS), supporting the Security Bank Foundation (SBFI)’s education and nation-building mission.

Malampaya Foundation rolls out community-led enterprises in Oriental Mindoro

The Malampaya Foundation Inc. (MFI), the social development arm of the Malampaya gas project joint venture, has launched two community-run enterprises in Oriental Mindoro—combining steady livelihoods for local residents with ongoing marine conservation work.

Malampaya Foundation backs Mindoro livelihoods, marine conservation

Malampaya Foundation Inc. (MFI) has launched two community-run enterprises in Oriental Mindoro that will provide additional income for fisherfolk while channeling part of their earnings into marine conservation.

Jollibee Group Foundation, UPLB partner to boost smallholder farmers’ productivity, sustainability

The Jollibee Group Foundation (JGF) and University of the Philippines Los Baños (UPLB) have formalized a partnership to combine research, innovation and agricultural expertise in support of smallholder farmers. Under a Memorandum of Understanding, the two institutions will collaborate on farmer training, knowledge sharing, technology transfer and capacity building to lift productivity, strengthen farm enterprises and advance sustainable practices nationwide.

Markets

Global gold demand hits record US$193-B in 1Q 2026; EastWest delivers expert insight under new partnership

Global gold demand stayed resilient amid market volatility, reflecting strong long-term investor confidence in the metal as a reliable way to preserve wealth. In the first quarter of 2026, total global demand hit 1,231 tons - valued at a record US$193 billion. This strength held even though gold prices dropped 15.4 percent in the second quarter, driven by expectations of higher interest rates.

7-Eleven targets 5,000 stores, shrugs off discounters

Philippine Seven Corp., operator of 7-Eleven convenience stores, is pressing ahead with aggressive expansion despite the rapid growth of hard-discounters, confident that its convenience-store format remains sufficiently differentiated to withstand the new competition.

Local entrepreneurs expand Filipino traditions via e-commerce

Many aspiring business owners look far and wide for the next big concept, but some of the most promising opportunities lie right within familiar culture, traditions, and communities.

Inflation, oil risks keep markets cautious September

Philippine markets enter September with little room for complacency, as investors weigh the appeal of battered stock valuations against inflation, oil and currency risks that could keep sentiment fragile.

Travel

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Energy

Fuel prices set to rise sharply amid Middle East tensions

Fuel prices are poised for another sharp hike this Tuesday following a brief rollback last week, driven by escalating tensions in the Middle East and global supply constraints, a top industry official confirmed Sunday.

Tropical Hut taps First Gen geothermal power for cost, sustainability

Tropical Hut Food Market, Inc., one of the country’s oldest fast-food chains, has partnered with First Gen Group to power 12 of its branches and its head office with geothermal energy—an effort aimed at better managing operating expenses while reducing environmental impact.

Meralco’s anti-pilferage campaign gains support from scrap industry association

Manuel V. Pangilinan-led Manila Electric Company (Meralco) has gained support from the Scrap Collectors and Recyclers Association of the Philippines, Inc. (SCRAP) for its anti- pilferage campaign, as the industry group expressed intent to help prevent stolen utility materials from entering the scrap market.

PXP Energy stake gains from higher Halcon resources

PXP Energy Corp.’s 12.5 percent stake in Service Contract 80 (SC 80) gained a potentially more favorable resource outlook after operator Tetragon Energy Ltd. reported an increase in estimated prospective resources at the Halcon exploration prospect in the Southwest Sulu Sea.

Transport & Communications

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Property

ALI shifts from mall reinvestment to maximizing upgraded assets

Ayala Land Inc. (ALI) is moving into a more earnings-focused phase of its mall strategy, seeking to extract stronger returns from flagship properties after a major reinvestment cycle while selectively expanding its retail footprint.

Gen Z reshapes SM Supermalls marketing strategy

Gen Z consumers are driving changes in how SM Supermalls markets its malls, designs customer experiences, and develops digital services, with artificial intelligence expected to play a bigger role in personalization.

CREBA pushes housing reforms to boost affordability 

The Chamber of Real Estate and Builders’ Associations Inc. (CREBA) will bring developers, policymakers, and housing stakeholders together in Cebu City in October to push reforms aimed at speeding up housing production and making homeownership more affordable.

PHirst gives away two homes, honors top sellers

PHirst Park Homes Inc. awarded two buyers their reserved house-and-lot units for free in the first draw of its nationwide #OwnTheDream raffle promotion, while also recognizing its top-performing sales teams during its Mid-Year Sales Awards.

Environment

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Technology

LG highlights AI, energy efficiency and space design in new appliances at IFA 2026

As European consumers prioritize space-saving, energy-efficient and easy-to-use home products amid changing lifestyles, LG Electronics is showcasing seven advanced appliances at IFA 2026. The lineup demonstrates how AI, smart energy use and space-conscious design address key purchasing needs for modern, often limited living areas.

SEMPHIL expansion draws 30 Korean suppliers

Samsung Electro-Mechanics Philippines Corp.’s (SEMPHIL) P50.7-billion expansion is starting to draw interest from its Korean supply chain, with about 30 Tier 1 suppliers of parent Samsung Electro-Mechanics Co. Ltd. (SEMCO) expected to come to the Philippines in October to assess potential local investments.

Tencent launches open-source Hy4 preview: high-power AI for  productivity

Tencent has released Hy4 preview—an open-source, next-generation large language model with 770B total parameters, 49B active parameters, and over 1M-token context window.

Globe restores full services; rolls out monsoon relief for customers 

Globe Telecom has fully restored mobile and broadband services disrupted by the Southwest Monsoon, following outages affecting nine NCR towns and two in Rizal for mobile, plus seven NCR cities and municipalities for broadband. Technical teams remain on site to monitor performance and finalize remaining repairs safely and quickly.

Health & Science

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Opinion

Sid Consunji plots a scholarship fund with staying power

A scholarship can cover tuition. It cannot necessarily cover lunch, the commute to school, or the other daily expenses that can make staying in college a financial juggling act.

No story is worth a reporter’s life

It was drilled into generations of journalists that no story is worth your life. Tell the story. Do not become the story.

Senate finally remembers it is an impeachment court

Eight weeks into the impeachment trial of Vice President Sara Duterte, the Senate impeachment court has rediscovered a useful legal principle. People involved in a trial should probably stop trying the case everywhere except the courtroom.

Philippine poverty is falling, no time for victory laps

Poverty is not just an empty wallet. It can be a family scrambling to keep a child in school, relatives walking farther to fetch clean water, or a household wrestling with a stubborn internet signal while the rest of the world moves on.

Sports & Entertainment

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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.