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PCC imposes record ₱1.76-B fine on onion cartel

The Philippine Competition Commission (PCC) has imposed a record P1.76-billion fine on six onion trading businesses and their responsible officers for alleged anti-competitive conduct, with possible criminal prosecution to follow subject to evaluation by the Department of Justice (DOJ).

News Dispatch

Agriculture

PCC imposes record ₱1.76-B fine on onion cartel

The Philippine Competition Commission (PCC) has imposed a record P1.76-billion fine on six onion trading businesses and their responsible officers for alleged anti-competitive conduct, with possible criminal prosecution to follow subject to evaluation by the Department of Justice (DOJ).

DA seeks wider toll operator support as MPTC reinstates agri transport rebate program

The Department of Agriculture (DA) is calling on more tollway operators to join its agricultural transport rebate program, building on the early participation of Metro Pacific Tollways Corp. (MPTC) as the government moves to cushion farmers and consumers from rising fuel costs and help stabilize food prices.

DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

DA chief pushes ASEAN Integration, highlights “Big Brother” mentorship to empower farmers

Agriculture Secretary Francisco P. Tiu Laurel Jr. underscored the critical need for regional cooperation and enhanced market linkages to secure food supplies across Southeast Asia.

Corporate

Jollibee bags Advertiser of the Year, wins 10 SMARTIES 

Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.

Metro Manila water supply remains sufficient; NWRB urges simple conservation

The National Water Resources Board (NWRB) confirmed Metro Manila’s water supply remains enough for now, but called on the public to practice proper usage as the country braces for a strong El Niño event.

Taway wins new term to advance ₱30-B APECO investments

Aurora Pacific Economic Zone and Freeport Authority (APECO) chief executive Gil G. Taway IV has secured another three-year term, with the agency under pressure to turn its P30-billion investment pipeline into operating projects, new jobs and infrastructure in Aurora province.

Solar power lights up new learning paths for Benguet students

Students at Piminggan Elementary School in Tuba, Benguet now experience lessons far beyond textbooks and blackboards, following the installation of reliable solar power that has opened digital learning opportunities in their remote mountain community.

Banking & Insurance

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Corporate Bulletins

Jollibee bags Advertiser of the Year, wins 10 SMARTIES 

Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.

Taway wins new term to advance ₱30-B APECO investments

Aurora Pacific Economic Zone and Freeport Authority (APECO) chief executive Gil G. Taway IV has secured another three-year term, with the agency under pressure to turn its P30-billion investment pipeline into operating projects, new jobs and infrastructure in Aurora province.

Solar power lights up new learning paths for Benguet students

Students at Piminggan Elementary School in Tuba, Benguet now experience lessons far beyond textbooks and blackboards, following the installation of reliable solar power that has opened digital learning opportunities in their remote mountain community.

Digital safety training for El Nido tourism workers, students

Globe has brought digital safety education to tourism workers and students here through its Digital Thumbprint Program, equipping the community with practical skills as the local tourism industry grows more digitally dependent.

Social Responsibility & Sustainability

Honda leads tree-planting drive with DENR and local government across Batangas, Laguna

Honda Philippines, Inc. (HPI), the country’s top motorcycle maker, has teamed up with the Department of Environment and Natural Resources–Community Environment and Natural Resources Office (DENR–CENRO), and the city governments of Tanauan and Biñan, to carry out a two-part tree-planting effort supporting local reforestation, ecosystem restoration, and community progress. Bringing together Honda staff, local government officials, and DENR representatives, the project saw a total of 400 Kamagong seedlings planted across both locations.

Aboitiz Economic Estates bags sustainability leadership award

Aboitiz Economic Estates has won a sustainability leadership award from the Philippine Green Building Council (PHILGBC), underscoring how green infrastructure, reliable utilities and workforce development are becoming key factors in industrial investment decisions.

Globe launches Konek kay Attorney to bring free legal aid to communities

Globe has launched Konek kay Attorney, a program providing free legal consultations to underserved communities, partnering with the Integrated Bar of the Philippines (IBP) Rizal-RSM Chapter.

Recycled plastic chairs donated to Misamis Occidental school

Discarded plastic waste has found new purpose at Clarin Elementary School, where 50 brand-new classroom chairs made entirely from recycled materials were turned over to students this week.

Markets

Stocks face cautious trading as inflation, rate risks mount

Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.

Forensic accounting connects the dots

Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.

GCash shares start as few as 100 shares or only P660 for retail investors

Mynt Inc., GCash’s operator, lets the public buy shares for as low as 100 shares — just P660 at P6.60 apiece — far lower than the usual 1,000-share minimum for small investors.

Depressed valuations could drive Philippine stocks higher

Philippine equities may be approaching a potential re-rating as depressed valuations increasingly reflect concerns over elevated borrowing costs, peso weakness and a fragile domestic macroeconomic backdrop. With the broader market trading at roughly eight times earnings, valuations suggest investors are pricing in substantial pessimism, creating room for upside if economic conditions stabilize and confidence improves.

Travel

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Energy

DMCI Power’s ₱3-B Palawan coal plant set for November public review

The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.

Philex, workers’ union end dispute, seal multiyear labor deal

Philex Mining Corp. and its rank-and-file workers’ union have reached a settlement to end a labor dispute, paving the way for a new collective bargaining agreement (CBA) that covers a period thorough 2030.

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

First Gen completes rooftop solar project for NKC Group’s Cebu unit

First Gen Group has completed and officially switched on a rooftop solar installation at NKC Manufacturing Philippines Corporation—Cebu-based subsidiary of Japan’s NKC Group—just four months after signing the deal, in a bid to secure reliable power amid Visayas supply challenges.

Transport & Communications

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Property

Ayala’s P15-B mall reinvestment lifts rents, hotel rates

Ayala Land Inc.’s P15-billion investment in mall upgrades, alongside a broader push to refresh its hospitality portfolio, is beginning to deliver stronger returns as the property developer adapts to changing consumer behavior in the post-pandemic market.

Infosys extends lease with FLI, consolidates Alabang hub at Axis Tower 2

Filinvest Cyberparks Inc. (FCI), the office leasing arm of Filinvest Land Inc. (FLI), has renewed and expanded its long-standing partnership with global IT-BPM firm Infosys BPM, marking over 12 years of collaboration.

Colliers seeks VAT relief to boost Manila condo sales

Colliers Philippines is urging the government to raise the value-added tax (VAT) exemption ceiling for residential properties, arguing that targeted tax relief could improve affordability and help absorb Metro Manila’s growing inventory of unsold condominiums.

Rockwell joins expanded 4PH to widen homeownership access

Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.

Environment

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Technology

Smart scores zero dropped calls in latest NTC Metro Manila checks

Smart Communications has achieved a perfect zero percent call drop rate in the National Telecommunications Commission’s most recent service quality tests across Metro Manila, marking a major milestone in reliable voice service for subscribers. The result easily clears the regulator’s required standard of less than 2 percent call drop ratio, meaning calls connect and stay connected consistently for users. For customers, this translates to clearer, uninterrupted conversations whether for personal calls, work updates, or emergency communications—no more frustrating cut-offs that waste time and cause inconvenience.

Globe tops NTC SMS test; posts strong speed, fewer drop calls 

Globe led the National Telecommunications Commission’s latest service quality tests, recording the highest SMS success rate at 99.41 percent — the only provider to pass the NTC’s 99 percent standard. Its call drop ratio hit just 0.74 percent, well below the 2 percent limit, while peak download speed reached 381 Mbps.

Resilient cables need stronger gov’t-industry ties

The PLDT Group is calling for deeper partnership between the government and private sector to make the country’s subsea cable network stronger and more reliable.

Lenovo Tech World returns to CES 2027 at Sphere, Spotlighting ‘Human + AI’ future

Lenovo is bringing its flagship Tech World event back to the Consumer Electronics Show or CES 2027, hosting the January 6 keynote at Sphere to unveil innovations centered on its Hybrid AI vision: combining human and artificial intelligence to create real value. Open to credentialed guests and streamed globally, the gathering will feature top industry leaders exploring how AI serves people, business and society.

Health & Science

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Opinion

The trouble with counting medals

Filipinos have a curious relationship with the medal table. We like to see our flag climbing it, preferably past countries with larger populations, bigger budgets, and considerably more athletes. We count golds, compare totals, calculate rankings, and wonder whether we could have done better. A silver medal is celebrated, of course, but not before someone observes that it could have been a gold.

Forensic accounting connects the dots

Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.

Pompano, inflation and the art of voting

Where I live, Thursday mornings are dedicated to the ritualistic pilgrimage to the local talipapa, a humble expedition to secure a week’s worth of sustenance for the household. Our modest needs are dictated less by appetite and more by the pragmatic demands of advancing age. Reaching for a favorite, I inquired about the price of a kilo of pompano—a fish that, not so long ago, went for a respectable ₱440.

The car can help, but it cannot drive for you

Cars have become remarkably good at worrying about us. They can warn when we are drifting out of a lane, tell us when another vehicle has entered our blind spot, apply the brakes when we fail to notice something ahead, and, in some cases, even keep themselves pointed in the right direction while traffic crawls along. It is an extraordinary development, particularly in a country where driving is akin to participating in a live-action negotiation with several hundred strangers. The problem is that the smarter the car becomes, the greater the temptation for us to become slightly less smart ourselves.

Sports & Entertainment

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Exclusive

iPeople targets 200,000 students with global expansion push

iPeople, the listed Yuchengco-Ayala education joint venture, is pursuing an expansion strategy built around international partnerships, new campuses and facilities, sustainability-focused programs, and deeper artificial intelligence integration as it aims to nearly triple its student population to 200,000.

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.