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P2.5-B C-5 road rehab set to start this November

The Department of Public Works and Highways (DPWH) is gearing up to begin the major rehabilitation of Circumferential Road 5 (C-5) by the final week of November, a ₱2.5-billion infrastructure project designed to upgrade one of Metro Manila’s key arterial routes.

News Dispatch

Agriculture

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.

Young Filipino agribusiness startups pitch in Singapore 

Five young Filipino agribusiness startups brought their products and business ideas to the Asia-Pacific Agrifood Innovation Summit 2026 in Singapore, seeking to connect with investors, industry players, and potential partners as they explore opportunities beyond the domestic market. Supported by the Department of Agriculture’s Young Farmers Challenge (YFC), the enterprises showcased value-added agricultural products and solutions at the October 27–29 summit at the Suntec Convention Centre. The Philippine participation was led by the DA’s Agribusiness and Marketing Assistance Service, in collaboration with the Philippine Agriculture Office in Bangkok, Thailand. The five startups represented different ways of turning local agricultural resources into higher-value products. L’Reinvente transforms agricultural by-products into skincare products while providing livelihood opportunities for farmers and marginalized communities. CHER Cacao Products Manufacturing, a youth-led bean-to-bar chocolate enterprise based in Negros Oriental, promotes locally sourced cacao through processing and product development. Bluecrust Food Manufacturing develops value-added products from crustaceans, while Aelius makes wellness products from different parts of the coconut, linking product innovation with farmer support and environmental sustainability. Y’Nut Food Products, meanwhile, turns locally grown peanuts into nutritious, market-ready food products. Beyond promoting their brands, the startups had opportunities to network with entrepreneurs, industry representatives and potential business partners from across the Asia-Pacific region. They also attended sessions on food systems, biomanufacturing, regenerative agriculture and food traceability, areas that are increasingly influencing how food is produced, processed and brought to market. Agriculture Secretary Francisco P. Tiu Laurel Jr. joined the summit as a featured speaker, outlining the Philippines’ efforts to modernize agricultural value chains through resilience, investment, data-driven governance, inclusive development and collaboration across government and industry. “We also brought young Filipino agripreneurs to the Singapore event to introduce them to a wider market, and expose them to innovations and fresh ideas they can bring home, adapt and develop into viable businesses that create jobs and attract more investment in agriculture,” said Tiu Laurel. The DA also organized the “Innovating Agriculture: Young Farmers Challenge Pitching Showcase,” where participating enterprises presented their business models and products at the summit’s Innovation Stage. Assistant Secretary Genevieve Velicaria-Guevarra said young agripreneurs were finding ways to add value to local resources, develop sustainable solutions and connect Philippine agriculture to regional and global markets. The showcase reflects a broader policy challenge for Philippine agriculture. Raising production remains important, but improving processing, product development and market access is just as critical to increasing the value farmers and agribusinesses earn from local resources. Through the YFC, the DA seeks to help young Filipinos establish and expand market-oriented ventures in agriculture and fisheries. Bringing these enterprises to an international platform also exposes them to commercial networks and ideas that could help turn promising startups into competitive businesses.

NFA cuts palay handling time, costs with one-ton bags

The National Food Authority (NFA) has substantially reduced palay handling time and costs in a pilot test of one-ton bags, replacing conventional 50-kilogram sacks in a system that could speed up grain procurement, maximize warehouse capacity, and free up funds for buying more palay.

Nearly 1M ‘vulnerable’ Filipinos buy P20 rice in September

Nearly 1 million Filipinos benefited from the Marcos administration’s Benteng Bigas, Meron Na! program in September, the highest monthly turnout since the affordable rice initiative was launched in May last year, as the government seeks to ease food costs for households struggling to make ends meet.

Corporate

Profriends renews PR tie-up, puts community stories front and center

Profriends, one of the country’s fastest-growing property developers, has renewed its partnership with Dugenia, Marayan, and Associates Company (DM&A Co.), keeping the firm as its official public relations agency.

Solar power lights up Antipolo school in OMF, B&M GSM partnership

One Meralco Foundation (OMF) and B&M Global Services Manila (GSM) have installed a solar power system at Libis Elementary School, bringing reliable clean energy to more than 200 students and teachers, many from the Dumagat Remontado indigenous community.

SEC clears Tubig Pilipinas P1.82B follow-on share offer

The Securities and Exchange Commission has cleared the registration of Tubig Pilipinas Holdings Inc.’s follow-on offering of up to 15.7 billion primary common shares, which could raise as much as P1.59 billion for water supply and wastewater projects, with the offer price set at a substantial premium to the company's net tangible book value.

Petron profit falls 44% as oil costs squeeze margins

Petron Corp. remained profitable in the first nine months of 2026, but net income fell 44 percent to P5.4 billion as higher crude costs, freight, and import premiums squeezed margins amid a volatile oil market.

Banking & Insurance

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Corporate Bulletins

Profriends renews PR tie-up, puts community stories front and center

Profriends, one of the country’s fastest-growing property developers, has renewed its partnership with Dugenia, Marayan, and Associates Company (DM&A Co.), keeping the firm as its official public relations agency.

Solar power lights up Antipolo school in OMF, B&M GSM partnership

One Meralco Foundation (OMF) and B&M Global Services Manila (GSM) have installed a solar power system at Libis Elementary School, bringing reliable clean energy to more than 200 students and teachers, many from the Dumagat Remontado indigenous community.

Meralco launches media literacy drive as misinformation risks grow

Manila Electric Co., the listed power company led by Manuel V. Pangilinan and more popularly-known as Meralco, has launched its own media and information literacy initiative, urging employees and stakeholders to apply greater scrutiny to the information they consume and share as misinformation becomes harder to separate from legitimate news.

UnionBank’s Delgado joins Forbes Asia’s Power Businesswomen list

Union Bank of the Philippines president and chief executive Ana Maria Aboitiz Delgado has earned a place on Forbes Asia’s Power Businesswomen 2026 list, putting a Philippine banking executive among 20 women leaders shaping businesses across the region.

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

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.

SEC urges manufacturers to tap capital markets for expansion

For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Moody’s upgrades credit rating, paving way for lower borrowing costs and stronger economic growth

Global rating agency Moody’s Investors Service has raised the country’s credit rating, delivering a major vote of confidence in the nation’s financial stability and economic momentum. The rating upgrade reflects the country’s solid economic growth, disciplined fiscal management, and structural reforms that continue to shield the economy from external market turbulence.

Travel

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Energy

Alternergy moves 64-MW Alabat wind farm into generation

Alternergy Holdings Corp. has started generating electricity from its 64-megawatt Alabat Wind Farm in Quezon Province, bringing the project closer to commercial operations and giving the renewable energy developer an early revenue stream ahead of full commissioning.

PCC warns MGen, PEMHI of heavier fines, possible loss of merger clearance

The Philippine Competition Commission (PCC) has warned MERALCO PowerGen Corp. (MGen) and Pilipinas Enterprise Management Holdings Inc. (PEMHI) that paying a P5.8-million penalty does not close the book on their merger compliance, with repeat violations potentially drawing heavier fines or even nullification of their conditional clearance.

DOE considers special GEA round to address El Niño impact

The Department of Energy (DOE) is exploring a special Green Energy Auction (GEA) round tailored to boost the country’s resilience against the severe effects of El Niño, Energy Secretary Sharon Garin confirmed on Monday. The proposed initiative would prioritize floating solar installations, which can also help reduce water loss from critical dams and reservoirs during periods of intense heat and drought.

Fifth‑Week Mixed Fuel Price Adjustments Loom: Gasoline Up, Diesel Down

Motorists, small businesses and households are bracing for a fifth consecutive week of split fuel price changes, with local fuel players projecting higher gasoline costs but cheaper diesel for the coming week. Leo Bellas, president of Jetti Petroleum, said Sunday that gasoline is seen rising by P2.00‑P2.20 per liter, while diesel may drop by P0.80‑P1.00 per liter. These estimated adjustments take into account the previous week’s Mean of Platts Singapore rates and average peso‑dollar exchange movements.

Transport & Communications

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Property

Pag-IBIG doubles socialized housing share as lending surges

Pag-IBIG Fund more than doubled the share of its housing loans going to socialized housing in 2026 as the government expanded subsidized financing for minimum wage earners and low-income families under its Expanded Pambansang Pabahay para sa Pilipino (4PH) program.

Clark-led demand drives Pampanga property boom

Pampanga’s property market is set for sustained growth as investments in Clark draw workers, migrants and homebuyers, driving housing demand faster than in neighboring Central Luzon provinces, according to Hausland Holdings Inc.

Ayala Land properties win Robb Report’s 2026 honors

Two Ayala Land Inc. properties have earned spots in Robb Report Philippines’ 2026 Best of the Best selections, putting Park Central Towers in Makati and Lagen Island in El Nido among the publication’s picks for standout luxury experiences.

Anflo estate draws P8.5B, expands cold storage, manufacturing

Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte, has attracted an estimated P8.5 billion in combined investments from its developer and locators, as new cold storage and manufacturing operations are set to expand its industrial footprint this year.

Environment

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Technology

AI helps ad agency uncover what moves consumers

AdSpark is using artificial intelligence to help brands better understand Filipino consumers, turning data and local insights into smarter marketing strategies. Working with Predikta by Netopia AI, the platform simulates audience responses so brands can refine campaigns before launch. The system was validated by checking 200 past campaigns, confirming it reliably predicts real-world results.

GMA seeks analog‑TV shutdown delay, cites unresolved viewer aid plan

GMA Network Inc. has filed a request with the National Telecommunications Commission (NTC) to push back the scheduled analog television shutdown, saying key rules for a government support program meant to protect households are still not in place.

iProov launches human‑approval tool to secure high‑risk AI agent moves

Biometric security firm iProov has rolled out a new human approval service to give businesses verifiable oversight of high‑risk actions taken by autonomous AI agents, addressing a key industry demand for stronger safeguards as organisations expand AI use.

Smart call-drop rate breaches NTC standard in Undas tests

Smart Communications recorded a 5.26 percent call-drop rate in government tests at Metro Manila bus terminals ahead of Undas, breaching the National Telecommunications Commission’s prescribed ceiling of less than 2 percent even as the regulator found generally strong mobile network performance.

Health & Science

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Opinion

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.

Road rage is real

There are few things in life that can transform a perfectly reasonable Filipino into an aggrieved Elizabethan actor quite as quickly as a traffic dispute. The most demure women become tigresses. Soft-spoken gentlemen discover that their vocal cords have capabilities they never knew existed. People who would ordinarily apologize when someone steps on their shoes suddenly develop an unshakable conviction that the entire road system has been personally entrusted to their care. And the language. My goodness, the language.

Defending the peso: Marcos should remember 1997

The latest vow of President Ferdinand Marcos Jr. to defend the peso with the country’s foreign exchange reserves and policy tools invites a question: Has his administration forgotten the costly lessons of the 1997–1998 Asian financial crisis?

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.