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Agriculture
DA accepts Senate challenge to lead FMR projects
The Department of Agriculture (DA) has agreed to take over the construction of farm-to-market roads (FMRs), a responsibility previously handled by the Department of Public Works and Highways (DPWH).
Agri damage from habagat, storms soars to P5.01B
Damage to the agriculture sector from the southwest monsoon and tropical cyclones Mirasol, Nando, and Opong has climbed to P5.01 billion, the Department of Agriculture (DA) reported in its noon advisory on Wednesday, October 8.
DA brings P20 rice, agri aid to Batanes
Agriculture Secretary Francisco P. Tiu Laurel Jr. led the Department of Agriculture’s (DA) visit to Batanes to launch the “P20 Benteng Bigas, Meron Na!” program and distribute over ₱13 million in agricultural and fisheries support.
DA lifts poultry import ban on six countries
The Department of Agriculture (DA) has lifted its temporary ban on poultry imports from six countries previously affected by avian influenza.
Corporate
BPI opens wealth hub in Singapore
The Bank of the Philippine Islands (BPI) marked a significant milestone this month with the opening of BPI Wealth Singapore, a wholly owned subsidiary located in the heart of Marina Bay.
GSIS launches Digital Ginhawa Loan for gadget purchases
Government workers can now avail of up to ₱60,000 in gadget loans under the new GSIS Digital Ginhawa Loan Program, launched today by the Government Service Insurance System (GSIS).
San Miguel preferred shares sale starts Oct 13, up to P30B eyed
San Miguel Corp., one of the country’s largest and most diversified conglomerates, will launch a week-long public offering of up to P30 billion in preferred shares starting Monday, October 13, as part of efforts to refinance maturing obligations and fund large-scale infrastructure projects.
PhilWeb faces shift in control as Araneta Inc sells stake
PhilWeb Corp., a listed gaming company, said it was notified that its principal shareholder, Gregorio Araneta Inc., has entered into a Share Purchase Agreement with Nexora Holdings Inc. and Velora Holdings Inc. to sell GAINC’s entire 57 percent stake—comprising 829.57 million common shares—for P2.17 per share, or a total P1.8 billion.
Corporate Bulletins
BPI opens wealth hub in Singapore
The Bank of the Philippine Islands (BPI) marked a significant milestone this month with the opening of BPI Wealth Singapore, a wholly owned subsidiary located in the heart of Marina Bay.
GSIS launches Digital Ginhawa Loan for gadget purchases
Government workers can now avail of up to ₱60,000 in gadget loans under the new GSIS Digital Ginhawa Loan Program, launched today by the Government Service Insurance System (GSIS).
New app services help OFWs stay connected
PLDT Global Corp. has deepened its partnership with stc Pay Bahrain to enhance digital services for overseas Filipino workers (OFWs) in the Kingdom of Bahrain.
URC earns multiple awards for HR excellence and workplace culture
Universal Robina Corp. (URC), one of the country’s largest companies, has once again been recognized as one of Asia’s Best Companies to Work For by HR Asia, marking its third consecutive year on the list.
Social Responsibility & Sustainability
From scraps to supper: SM hotels close the loop
At first glance, these are just like any other hotel kitchen: gleaming countertops, sizzling pans, chefs in crisp whites. But peek behind the swinging doors of several institutions of SM Hotels and Conventions Corp., and you will find something quietly revolutionary simmering—yesterday’s leftovers becoming tomorrow’s harvest.
Globe strengthens push vs online scams
Telecommunications firm Globe Telecom underscored the urgent need for united action against online scams during the Global Anti-Scam Summit (GASS) Asia 2025, highlighting its ongoing domestic and international efforts to combat digital fraud.
GSIS celebrates History Month with engaging festivities
The Government Service Insurance System (GSIS) celebrated History Month with a vibrant Historians’ Fair from August 7 to 9, 2025, at its Pasay City gymnasium.
AI workshop empowers public school educators
Aboitiz Foundation, Inc. and the TELUS Digital Philippines Community Board conducted a three-day workshop aimed at equipping public school teachers with practical skills in artificial intelligence (AI), as part of their Empowering Educators Year 2 program.
Markets
Gold futures breach USD4,000 amid global turmoil
Gold futures surged past USD4,000 per ounce for the first time, extending a historic rally as escalating global uncertainty drives investors toward traditional safe-haven assets.
AMD surges in OpenAI chip deal
Advanced Micro Devices Inc. (AMD) surged Monday, adding around USD64 billion in market value after announcing a landmark artificial intelligence infrastructure partnership with OpenAI, owner of ChatGPT.
T-Bill rates climb ahead of BSP decision, inflation data
Average yields on Treasury bills rose across all tenors at Monday’s auction, as the market awaited the Bangko Sentral ng Pilipinas' (BSP) next monetary policy move amid expectations of a fresh uptick in inflation.
Buffett’s Berkshire to buy OxyChem for USD9.7B
Berkshire Hathaway has struck a deal to acquire OxyChem, the chemical division of Occidental Petroleum, in an all-cash transaction worth USD9.7 billion, subject to customary adjustments.
Energy
Davao Light sets aside P1B for Nordeco asset acquisition amid franchise expansion
Davao Light and Power Co., a subsidiary of the Aboitiz Group, is preparing at least P1 billion to acquire the assets of Northern Davao Electric Cooperative Inc. (Nordeco) as part of its planned operational takeover.
PXP secures 3 new petroleum exploration deals
PXP Energy Corp. has secured participation in three of the eight newly signed Petroleum Service Contracts (SCs) under the Marcos administration, bolstering its position in the country’s upstream oil and gas exploration sector.
DOE unveils new petroleum exploration projects
The Department of Energy (DOE) has launched eight new petroleum service contracts (PSCs) in a renewed push to strengthen the Philippines’ energy independence and reduce reliance on imported fuel.
Mets cold storage shifts to RE with First Gen
Mets Cold Storage Services, Inc. has signed a supply agreement with First Gen Corp. to shift its cold storage facility in Cagayan de Oro to renewable energy, marking a major move toward sustainable operations.
Property
Profriends launches P1.6-B housing project in Cavite
Property Company of Friends Inc. (Profriends) is entering the vertical housing market with its first condominium development, Westwind, located within its flagship township, Lancaster New City in Cavite.
FNG to launch second tower in Mandaluyong by 2026
Federal Land NRE Global Inc. (FNG), a joint venture between Federal Land Inc. and Japan’s Nomura Real Estate Development Co. Ltd., announced plans to launch the second tower of its Mandaluyong township project, The Observatory, by the first half of 2026.
Arthaland registers properties under SEC rental pool program
Property developer Arthaland Corp. has registered with the Securities and Exchange Commission (SEC) its Taguig and Cebu properties under the agency’s rental pool framework known as Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT).
House prices climb, condos dip in Q2
Residential property prices in the Philippines rose by 7.5 percent year-on-year in the second quarter of 2025, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
Technology
Altman-backed program appeals NPC ban on identity project
World, the digital identity project co-founded by Sam Altman and developed by Tools for Humanity (TFH), said Thursday it will file a motion for reconsideration with the National Privacy Commission (NPC) following a cease and desist order (CDO) that halted its Philippine operations.
Kaspersky warns of rising deepfake threat, urges swift registration
Global cybersecurity firm Kaspersky has warned Filipinos of the growing danger posed by deepfake technology and urged the government to implement stronger legislation to combat this emerging cyber threat.
MediaTek sends flagship SoC to TSMC for fabrication
MediaTek has announced the successful tape-out of its next-generation flagship system-on-chip (SoC) using TSMC’s enhanced N2P 2nm process, becoming one of the first companies to do so. The chip is expected to enter volume production by late 2026.
NVIDIA to invest USD5B in Intel
NVIDIA Corp. is investing USD5 billion in Intel Corp. as part of a landmark collaboration to co-develop custom data center and personal computer products aimed at accelerating artificial intelligence (AI) and high-performance computing applications across enterprise, hyperscale, and consumer markets.
Opinion
Cebu quake exposes structural, systemic fault lines
The recent 6.9-magnitude earthquake that struck Bogo City, Cebu on September 30, offers more than just a regional wake-up call—it delivers a national warning.
World Food Day: The feast, the famine, and the fix
The world produces more than enough food. Yet 673 million people still go hungry. This is not a failure of farming—it is a failure of fairness.
A nation unsettled: Protests, Violence and a reckoning in Manila
On Sunday, September 21, tens of thousands of Filipinos flooded Manila’s most iconic protest sites—Luneta, Liwasang Bonifacio, and the EDSA People Power Monument—with a singular demand: accountability for systemic corruption in government.
Balancing Bets: PAGCOR’s high-stakes gamble on trust
The Philippine gaming industry finds itself in a curious bind—riding the wave of digital innovation with one hand, while trying to put out moral fires with the other.
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,...
