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Jobless Filipinos surge to 2.86M in September 

The number of unemployed Filipinos surged to 2.86 million in September 2026 as employment growth failed to keep pace with an expanding labor force, pushing the jobless rate to its highest level in recent months.

News Dispatch

Agriculture

Palay, corn slump drags Philippine farm output down 5% in Q3

A sharp contraction in palay and corn production dragged Philippine agriculture and fisheries output down 5 percent in the third quarter of 2026, outweighing gains in livestock and poultry and underscoring the uneven recovery across the country's food-producing sectors.

Philippine agricultural trade deficit widens as exports slump

The Philippines’ agricultural trade deficit widened by nearly a quarter in September 2026 as a sharp decline in export earnings outweighed higher import spending, underscoring the country’s persistent dependence on foreign food and farm products.

DA seeks P1B for ASF vaccine for small hog farmers; move seen key to restoring domestic pork supply 

The Department of Agriculture (DA) is asking Congress for at least P1 billion to fund free African swine fever (ASF) vaccine for smallholder hog raisers nationwide starting next year.

DA pushes ₱3-B irrigation funding to shield farms vs El Nino

The Department of Agriculture is moving to roll out mobile solar irrigation systems to help Filipino farmers sustain crop production through the peak impacts of the El Niño weather pattern.

Corporate

Maya Crypto lets you start with just ₱1 and win ₱1 million

Curious about crypto but held back thinking it’s too complex or expensive? Maya Crypto changes that — you can buy, sell, and receive supported cryptocurrencies right inside the Maya app, no separate platform needed. You can start purchasing for as little as ₱1, so there’s no big budget required to get started.

Converge net income down 9% in 9 months, enterprise business leads revenue growth 

Converge Information and Communications Technology Solutions Inc. reported a 9 percent drop in net income for the first nine months of 2026, falling to P8.08 billion from P8.9 billion in the same period last year — even as total revenues rose thanks to strong momentum in its enterprise business.

D&L earnings climb 15% as food ingredients’ margins recover

A strong recovery in food ingredients margins and a shift toward higher-margin specialty products lifted D&L Industries Inc.'s net income by 15 percent to P2.2 billion in the first nine months of 2026, helping the manufacturer weather higher financing costs, peso weakness, and geopolitical uncertainty.

DMCI Holdings profit jumps 28% on stronger unit earnings

Record earnings from its power generation and nickel mining businesses, stronger real estate and construction contributions, and sharply reduced cement losses lifted DMCI Holdings Inc.'s net income by 28 percent to P15 billion in the first nine months of 2026.

Banking & Insurance

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Corporate Bulletins

Maya Crypto lets you start with just ₱1 and win ₱1 million

Curious about crypto but held back thinking it’s too complex or expensive? Maya Crypto changes that — you can buy, sell, and receive supported cryptocurrencies right inside the Maya app, no separate platform needed. You can start purchasing for as little as ₱1, so there’s no big budget required to get started.

RCBC ranks among top Philippine employers for fourth year

Rizal Commercial Banking Corp. (RCBC) has secured a place in the Philippines’ Best Employers 2027 list for the fourth consecutive year, ranking among the country's top two privately owned domestic banks.

Honda Philippines launches all-new 2027 Click160

Honda Philippines, Inc. has officially unveiled the 2027 Click160, its upgraded 160cc scooter built for better performance, fuel savings, and everyday practicality.

Concreat Holdings bags ACES 2026 Green Initiative Award

Concreat Holdings Philippines (CHP) has received the Green Initiative Award at the Asia Corporate Excellence & Sustainability Awards 2026 for advancing responsible environmental practices in cement manufacturing.

Social Responsibility & Sustainability

Mindanao farmers get FarmTech boost, bridging digital gap in agriculture

Farmers belonging to the LIBADATATAMA Irrigators Association in Oroquieta City, Misamis Occidental, now have easier access to modern farming knowledge and digital solutions through the FarmTech package recently turned over by the Department of Agriculture–Agricultural Training Institute Region 10. The initiative falls under the wider Digital Farmers Program, a partnership between DA-ATI, PLDT, and Smart Communications designed to bring digital inclusion to farming communities across the country.

BSP’s Project Shoebox Plus reaches Bacolod students, adds financial literacy support

The Bangko Sentral ng Pilipinas Employees Association, Inc. (BSPEAI) brought its community outreach initiative Project Shoebox Plus to Bata Elementary School 1 here on October 24, distributing school bags and learning materials to 100 students.

P&G, Red Cross expand disaster relief kit program nationwide

P&G Philippines and the Philippine Red Cross (PRC) are preparing 90,000 health and hygiene relief kits for disaster-prone communities, extending a partnership aimed at keeping essential supplies accessible when emergencies disrupt daily life.

Vivant Foundation upgrades La Union schools, expands library

Vivant Foundation Inc. (VFI), together with Vivant Energy Corporation and its subsidiary 1590 Energy Corporation, has upgraded electrical systems in three public elementary schools and provided library packages to 14 schools in Bauang South District, La Union, as part of efforts to improve learning environments and support literacy.

Markets

National credit perception hits all-time highs

The Philippines has recorded its highest-ever credit perception score, reaching 75 out of 100 and up by 2 points from the previous year, according to the latest survey by TransUnion Information Solutions Inc.

Scoop Wholefoods brings refill revolution to Manila’s shopping aisles

Australian retailer Scoop Wholefoods has entered the Philippine market with a retail concept that turns bulk buying into a modern shopping experience, letting consumers purchase groceries and personal care products by weight while cutting packaging waste and avoiding the cost of buying more than they need.

Shopee affiliates help small brands turn product demos into sales

Small businesses are turning to creator-led product demonstrations to reach shoppers and drive sales, using affiliate marketing to stretch limited advertising budgets and compete for attention in an increasingly crowded online marketplace.

Peso, oil risks cloud Philippine stocks, 2027 investment outlook

Philippine stocks could face more turbulence toward year-end as a weaker peso, surging oil prices and the prospect of further interest rate hikes raise questions about corporate earnings and investment spending in 2027.

Travel

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Energy

PCPPI taps First Gen for renewable energy supply, strenghtening sustainable operations

Pepsi-Cola Products Philippines, Inc. (PCPPI) has sealed a partnership with the First Gen Group to power three of its manufacturing plants with geothermal energy, moving forward with its goal of cleaner and more responsible business operations.

OGPI nine-month net income surges 95% to $95.6M

Listed mining firm OceanaGold (Philippines) Inc. (OGPI) reported a 95.1 percent rise in its net income for the first nine months of 2026, reaching $95.6 million from just $49 million in the same period last year.

Aboitiz Power unit gains more clients as wider power retail market opens up

Aboitiz Power Corp.’s retail electricity arm, AdventEnergy, has signed up new customers following the recent expansion of the Retail Competition and Open Access (RCOA) program, making competitive power options available to far more businesses across the country.

Shift from diesel to renewables urged for off-grid areas

The Asian Photovoltaic Industry Association is pushing the government to replace diesel plants in remote off-grid areas with solar and battery systems, saying the move will lower electricity bills and ease a fast-growing subsidy burden on consumers and the national budget.

Transport & Communications

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Property

ALI sees steady Q4, leasing to drive 2027 growth

Ayala Land Inc. expects leasing to become its main growth engine in 2027 as new malls and hotels mature, betting on recurring income and P55 billion in capital recycling to finance expansion without adding debt.

MOA Complex welcomes over 425,000 runners across nearly 40 events in nine months

The SM Mall of Asia complex in Pasay City has cemented its reputation as one of the country’s premier running destinations, hosting 39 marathons and fun runs that drew more than 425,000 participants over the past nine months alone.

Century Properties adds P6.35B housing projects in Laguna, Batangas

Century Properties Group Inc. (CPGI) is adding 3,265 homes worth a combined P6.35 billion to its portfolio through two new developments in Laguna and Batangas, targeting workers near major industrial and employment hubs in CALABARZON.

Vista Land expands mall leasing, prepares holiday activities to boost retail growth 

Vista Land and Lifescapes Inc., led by the Villar group, is opening up its nationwide chain of malls and office buildings to new tenants, reaching out to leading retail brands, restaurant operators, and other businesses looking to grow their footprint across the country. The property developer manages over 1.6 million square meters of total floor space, and says bringing in more partners will help make the most of its properties while offering shoppers a wider variety of goods and services.

Environment

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Technology

BOI maps six-node tech corridor to attract AI investments

The Board of Investments (BOI) is mapping out a six-node technology corridor linking mineral processing, chip design, advanced manufacturing, and digital infrastructure to position the Philippines as an investment destination for artificial intelligence (AI) and other advanced technologies.

Skyro taps credit network to improve borrower risk assessments

Fintech lender Skyro is strengthening its credit evaluation capabilities through access to a wider pool of borrower information, as it expands beyond purchase financing into broader consumer financial services.

Maya backs DOJ anti-scam campus drive, calls for united action 

Maya has thrown its support behind the DOJ–Office of Cybercrime’s CyberReady Campus Tour at UP Diliman, urging stronger cooperation between government, industry, and the public to fight digital scams.

Consumers drive Philippine AI use as businesses lag 

Consumers account for 80–85 percent of artificial intelligence usage in the Philippines, far outpacing corporate deployment and underscoring the untapped potential for businesses to adopt the technology, according to the e-Conomy SEA 2026 report by Google, Temasek and Bain & Company.

Health & Science

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Opinion

The showroom is now in your pocket

Buying a car in the Philippines has traditionally involved three things: a dealership, a salesperson who calls you “Sir” or “Ma’am” with enthusiasm, and a calculator poised to reveal how much of your future salary you need to commit. There may also be coffee, a test drive, and a discussion about whether the free tint is really worth installing.

Food security is not a rice-growing contest

Filipinos have long treated food security and food self-sufficiency as though they were the same, as if a country that grows all the food it eats automatically has a well-fed population.

The long way to the starting line

A 29-hour journey is a long time to think about a sporting career. There are connecting flights, airport layovers, uncomfortable seats, and the inevitable question of whether the person beside you has also decided that sleeping on an airplane is an exercise in futility. For nine young Filipino athletes on their way to Dakar, Senegal, however, the long trek is hopefully headed to success. They are about to compete in the 2026 Youth Olympic Games, an event that could become an important chapter in their sporting lives.

The living dead of payday

In high school, our mentors taught us noun declensions, Caesar’s campaigns in Gaul and four-part harmony. Somewhere between Latin and music, we also acquired the comforting belief that we were neither rich nor poor. With P50 in our pockets, we could go places and still come home with change. Life was a picnic. We did not realize the picnic had an expiry date.

Sports & Entertainment

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Exclusive

FAST Logistics plots next leg beyond the truck

For FAST Logistics Group, the next leg of growth is not necessarily about moving more boxes faster. It is about making the entire journey work better.

The discipline behind SM’s 68 years in business

Building a business that lasts takes more than expanding into new markets. It requires sound decisions, careful management of risks, and the financial strength to withstand difficult periods.

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.