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Remittances climb in May, fueling household spending and domestic growth 

Money sent home by overseas Filipinos continued its upward trajectory in May, providing a steady lifeline to millions of households and giving a welcome boost to the broader economy.

News Dispatch

Agriculture

DA lifts FMD-related meat import ban on Hungary

The Department of Agriculture has lifted a temporary ban on imports of foot and mouth disease-susceptible animals and their products from Hungary, following approval through Department Circular No. 34 signed on July 8.

Young Filipino agripreneurs complete Singapore innovation workshop 

Seventeen young agripreneurs from the Department of Agriculture’s Young Farmers Challenge have finished a five-day agribusiness and technology training program in Singapore.

PFDA pours P190M into modern fish ports in Davao del Sur

The Department of Agriculture (DA) and Philippine Fisheries Development Authority (PFDA) are committing nearly P190 million to build and upgrade two municipal fish ports in Davao del Sur, designed to cut post-harvest waste, boost food security, and drive growth in coastal areas.

Marcos, DA lead audit of Navotas Fish Port modernization

President Ferdinand Marcos Jr. and the Department of Agriculture have inspected ongoing rehabilitation works at the Navotas Fish Port Complex, a key fisheries hub serving Metro Manila and most of Luzon.

Corporate

Citicore secures P4.05-B Land Bank loan for solar and battery projects

Citicore Renewable Energy Corp. has secured a P4.05 billion project financing facility from the Land Bank of the Philippines to push forward two solar power projects with integrated battery storage under its unit Citicore Solar Embedded Inc. The agreement was announced in a joint statement on Wednesday.

The only race where plastic bottles keep running

At most fun runs, the only thing getting recycled is the promise, "I'll start training next week." At the fifth Vermosa Green Run in Cavite, plastic bottles stole the spotlight by proving they deserved a second lap.

Sprouts.ai secures $9 million to simplify B2B sales with AI

The Palo Alto-based startup Sprouts.ai has raised $9 million in a Pre-Series A funding round, bringing its total funding to $14 million. The investment was co-led by True Global Ventures and Accel, with participation from Kickstart Ventures. The company plans to use the new capital to improve its AI agent capabilities, expand its integrations with other software, and fuel its overall platform growth.

GCash expands digital giving as donations surge nationwide

GCash is widening its digital philanthropy platform after raising more than P8 million for earthquake relief efforts in Mindanao and adding 14 new non-government organizations (NGOs) to its in-app donation hub, GBayanihan.

Banking & Insurance

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Corporate Bulletins

Smart expands 5G standard postpaid service to over 100 stores nationwide 

Smart Communications has made its Smart Home WiFi Postpaid service available in more than 100 stores across the Philippines, bringing 5G-powered home internet to over 1.3 million households in 3,200 barangays.

Ayala Foundation wins top disaster resilience honor, finalist spots at 2026 LCF CSR Guild Awards

Three Ayala Foundation programs earned recognition at the 2026 CSR Guild Awards from the League of Corporate Foundations, with one initiative taking home the Outstanding CSR Project in Disaster Resilience award and two others named category finalists amid a record number of nominations this year.

Manulife PH names new executive

Manulife Philippines has appointed Erwin Go as chief corporate solutions and alternative distribution officer, and he will join the company’s executive committee. Go will lead strategy for group insurance, partnerships, and new distribution channels as the firm expands growth options and improves experiences for clients and partners.

P&A Grant Thornton opens new office in Pampanga, expanding to Central Luzon

P&A Grant Thornton has launched its latest office in Clark Freeport Zone, Pampanga, extending its professional services to businesses across Central Luzon and supporting the region’s ongoing economic growth.

Social Responsibility & Sustainability

The only race where plastic bottles keep running

At most fun runs, the only thing getting recycled is the promise, "I'll start training next week." At the fifth Vermosa Green Run in Cavite, plastic bottles stole the spotlight by proving they deserved a second lap.

GCash expands digital giving as donations surge nationwide

GCash is widening its digital philanthropy platform after raising more than P8 million for earthquake relief efforts in Mindanao and adding 14 new non-government organizations (NGOs) to its in-app donation hub, GBayanihan.

Skills, not just steaks, on Pilmico’s cutting board

In business, the sharpest investment isn't always a new production line or gleaming machinery. Sometimes, it is handing someone a knife—after the proper training, of course.

AIA, BPI AIA launch new health plans, support Kythe Foundation

AIA Philippines and BPI AIA have introduced two new health insurance products—AIA Critical Protect Plus and BPI AIA MultiCare Protect—while donating to the Kythe Foundation to help children with cancer.

Markets

Earnings season tests market amid rate concerns

Philippine shares are expected to trade cautiously in the coming weeks as the second-quarter earnings season begins, shifting investors' focus from recent market gains to whether corporate profits can withstand persistent inflation, the prospect of further monetary tightening, and rising geopolitical risks.

SAMA debut gives Filipino brands regional growth springboard

The launch of the Strategic Asia Marketing Alliance (SAMA) Philippines is opening a new gateway for Filipino brands seeking to expand across Southeast Asia, giving businesses access to a regional network of independent marketing agencies through a single local partner.

Peso holds ground while politics tests market confidence 

The peso appears to have found its footing, but investors know that calm currencies do not always guarantee calm markets.

Lazada deepens MSME drive via digital skills partnership

Lazada Philippines is stepping up its support for micro, small and medium enterprises (MSMEs), expanding partnerships with government agencies and relaunching its LazGrow Together program to help more Filipino entrepreneurs compete in the country's fast-growing digital economy.

Travel

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Energy

Meralco, UPEEP training engineers for solar, nuclear energy future

Manila Electric Company (Meralco), led by Manuel V. Pangilinan, has signed a cooperation agreement with the United Professional Electrical Engineers of the Philippines (UPEEP) to raise professional standards in electrical engineering.

Green Lane accelerates P351-billion clean energy investments

The government's Green Lane initiative is rapidly becoming the backbone of the Philippines' clean energy investment drive, with renewable energy projects accounting for virtually all of the P351.02 billion in strategic investments approved in the first half of 2026.

ERC vows action on billing complaints amid growing consumer outcry

The Energy Regulatory Commission (ERC) said it is working to better address public worries over electricity costs and concerns about inaccurate monthly bills, amid widespread complaints from consumers.

200 MW Laguna wind project prepares for review

The Department of Environment and Natural Resources’ Environmental Management Bureau has scheduled public scoping sessions for the 200 megawatt wind farm spanning across the Laguna municipalities of Kalayaan, Lumban, Paete, and Cavinti.

Transport & Communications

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Property

Government bets P140 million on bigger World Trade Center

The government is stepping up its push to capture a larger share of the lucrative meetings, incentives, conferences and exhibitions (MICE) market, injecting an additional P140 million into the expansion of the World Trade Center Metro Manila (WTCMM) to strengthen the country's business tourism infrastructure.

DOF says property tax reform gives LGUs flexibility on rates

The Department of Finance (DOF) sought to dispel concerns over the newly enacted Real Property Valuation and Assessment Reform Act (RPVARA), saying the measure does not automatically raise property taxes and instead gives local governments wide latitude to cushion any impact on taxpayers.

Iloilo emerges as Philippines’ next provincial office powerhouse

Iloilo is no longer merely an alternative to Metro Manila and Cebu. It is increasingly becoming a destination in its own right for businesses seeking growth, talent, and room to expand, according to a new Colliers Philippines market report.

SM Prime unveils P7 billion SM Seaside Cebu Arena

SM Prime Holdings Inc. officially introduced its new SM Seaside Cebu Arena to business and industry partners on Thursday, advancing development at its South Road Properties (SRP) estate.

Environment

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Technology

Lenovo slashes business AI setup to one week with new ready-to-use agents

Lenovo is tearing down the biggest roadblock to corporate artificial intelligence by enabling businesses to launch secure, fully functioning AI systems in as little as a single week.

Philippines powers ahead as AI adoption accelerates

The Philippines is quickly carving out a place as one of Southeast Asia's most enthusiastic adopters of artificial intelligence, with Filipinos increasingly using Google's Gemini for work, creativity and customer service rather than just casual online queries.

IBPAP warns insider fraud threatens outsourcing industry’s credibility

The Information Technology and Business Process Association of the Philippines (IBPAP) is calling for tougher action against insider cybercrime, warning that fraudulent acts committed by a small number of employees could damage the country's reputation as one of the world's leading outsourcing destinations.

IBPAP expects AI readiness to boost revenue

The Philippine information technology and business process management (IT-BPM) industry is recalibrating its growth strategy, shifting its focus from expanding headcount to building an artificial intelligence-ready workforce as it targets more than USD50 billion in annual revenues by 2028.

Health & Science

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Opinion

Cockfighting returns to New World, history refuses to stay caged

Cockfighting has always occupied a peculiar corner of the Filipino psyche. It is at once sport, spectacle, business, culture—and depending on whom you ask, either cherished heritage or a tradition overdue for reckoning.

Phoenix pumps more assets into the recovery tank

Every gas station has two values: the fuel it...

Upper-middle income, yet many Filipinos still feel left behind

The Philippines has earned an economic promotion. The World Bank now classifies it as an upper-middle-income economy, a milestone reached after years of growth and a steady post-pandemic recovery under President Ferdinand Marcos Jr.

The great fork heist and other national priorities

At long last, the public can sleep soundly. The National Capital Region Police Office has announced the arrest of a 43-year-old man accused of attempting to make off with 26 forks and seven silver spoons from a Manila hotel—the estimated value of the alleged loot is P12,658.14.

Sports & Entertainment

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Exclusive

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.

Tariffs rattle, AI thrives: Gruppo EMS builds ahead 

Amid escalating US-China trade tensions and renewed tariff uncertainty from Washington, EMS Group of Companies is expanding production, accelerating its push into artificial intelligence hardware, and positioning the Philippines as an increasingly strategic alternative manufacturing base for global electronics firms.