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Foreign chambers say Philippine reforms lag investment needs

Foreign business groups are urging the Philippine government to speed up economic reforms, warning that slow implementation of existing laws could weaken the country’s competitiveness and limit investment opportunities.

News Dispatch

Agriculture

Philip Morris seeks clearer rules to expand Philippine exports 

Philip Morris International (PMI) is eyeing further investments in the Philippines, but says regulatory uncertainty, cumbersome paperwork and infrastructure gaps threaten the country’s ability to compete with regional manufacturing hubs.

Kadiwa Expo opens new market doors for farmers, fisherfolk 

The Department of Agriculture (DA) is leveraging the ongoing 3rd Kadiwa ng Pangulo Expo to unlock broader market opportunities for local farmers and fisherfolk.

SRA: All 2026–2027 sugar output reserved for domestic use amid production drop 

The Sugar Regulatory Administration announced Thursday that every kilogram of sugar produced during crop year 2026 to 2027 will be allocated entirely for domestic demand.

US, PH rice groups sign MOU to reopen trade line, secure steady supply

Representatives from the USA Rice Federation and the Philippine Rice Industry Stakeholders Movement, or PRISM, have signed a memorandum of understanding in Manila to reopen and expand American rice trade to the Philippines, reviving a long-standing commercial partnership that officials say will strengthen food security and open new market opportunities for both nations. The agreement was concluded Wednesday alongside the International World Rice Conference, with details released publicly Thursday.

Corporate

SEC raises capital requirements for stock brokers to boost market stability 

The Securities and Exchange Commission is moving to increase the minimum capital requirement for stock brokers and dealers, aiming to strengthen financial safeguards and align the local market with international standards.

EastWest launches new-gen banking at Cebu I.T. Park

EastWest has opened its new Store at Cebu I.T. Park, bringing next-generation banking focused on flexibility, convenience, and personalized support. Located in one of Cebu’s busiest business and lifestyle areas, it offers a fresh way to bank that fits how people live today.

SMX secures third TTG win as MICE footprint expands

SMX Convention Center has secured its third consecutive Philippines’ Best Convention & Exhibition Center title at the 35th TTG Travel Awards, as parent company SM Hotels and Conventions Corp. (SMHCC) expands its meetings, incentives, conferences and exhibitions (MICE) facilities beyond established business hubs.

Vivant Foundation expands solar projects across Panay communities

Vivant Foundation Inc. (VFI), the corporate social responsibility arm of Cebu-based Vivant Corp., is expanding its flagship Project Liadlaw across Panay Island, broadening the program from school electrification to healthcare, technical-vocational education, and literacy initiatives.

Banking & Insurance

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Corporate Bulletins

EastWest launches new-gen banking at Cebu I.T. Park

EastWest has opened its new Store at Cebu I.T. Park, bringing next-generation banking focused on flexibility, convenience, and personalized support. Located in one of Cebu’s busiest business and lifestyle areas, it offers a fresh way to bank that fits how people live today.

SMX secures third TTG win as MICE footprint expands

SMX Convention Center has secured its third consecutive Philippines’ Best Convention & Exhibition Center title at the 35th TTG Travel Awards, as parent company SM Hotels and Conventions Corp. (SMHCC) expands its meetings, incentives, conferences and exhibitions (MICE) facilities beyond established business hubs.

Pru Life UK: 30 years protecting Filipino families

Pru Life UK marks 30 years in the Philippines, celebrating its mission to safeguard families and financial security at the Pearls of Gratitude gala in Intramuros. Some 400 customers, partners, leaders and staff joined the milestone, with performances by Ryan Cayabyab and the Manila Symphony Orchestra honoring decades of shared trust.

SSS names Limlingan to First Philippine Holdings board

The Social Security Commission has designated Commissioner Victor Alfonso...

Social Responsibility & Sustainability

Tau Omega Mu to hold CamSur free medical, vet clinics Oct. 24-25 

The Tau Omega Mu Fraternity and Ladies Circle (TOM), in coordination with partner healthcare professionals, local government units, and civic organizations, will hold a series of free medical and veterinary clinics in the towns of Siruma, Pili, and Tigaon in Camarines Sur from Oct. 24 to 25, 2026.

Globe, Taguig train seniors on digital safety amid rising cyber fraud

The program responds directly to growing cyber risks targeting older Filipinos. CICC data shows consumer fraud was the top complaint among seniors in 2025, with this group uniquely vulnerable to phishing, smishing, investment scams, “budol” tactics, romance fraud, and deceptive offers.

Lifesaver on Wheels: LG turns over ₱1.6-M ambulance to Laguna upland village

Barangay Galalan in Pangil, Laguna, finally has its own ambulance through LG Electronics Philippines’ “Life Saver on Wheels” project, ending years of relying on makeshift transport for emergencies.

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Markets

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.

PSEi, peso pressure builds ahead of inflation

Philippine markets enter Monday under renewed pressure, with the PSEi vulnerable to a test of 5,500 and the peso hovering near P63 to the dollar as investors await September inflation and reassess the outlook for monetary policy.

Peso, stocks brace for volatile week ahead

The peso and Philippine equities enter Monday facing another potentially volatile week as investors weigh persistent inflation pressures, softer growth prospects and expectations of further monetary tightening.

Travel

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Energy

OceanaGold boosts Didipio mine safety monitoring

OceanaGold (Philippines), Inc. has improved how it monitors the tailings storage facility at its Didipio Mine, using new technology to track changes in the structure, especially during the rainy season when heavy rainfall can increase risks.

COREnergy urges businesses to cut power costs strategically

COREnergy is urging Philippine businesses to look beyond cheaper...

Gas auction pre-qualifiers count 10 companies, 14 projects

The Department of Energy (DOE) announced that 10 companies and 14 projects have passed pre-qualification for the country’s first mid-merit natural gas capacity auction, clearing the way for actual bidding soon.

US firm Koloma seeks more local hydrogen contracts

The Department of Energy (DOE) confirmed that United States-based exploration firm Koloma Inc. is pursuing two additional service contracts to develop natural hydrogen resources in the Philippines, following encouraging findings from its existing areas.

Transport & Communications

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Property

BCDA, Pag-IBIG partner to develop housing projects

The Bases Conversion and Development Authority (BCDA) and Pag-IBIG Fund are teaming up to develop housing and other projects on BCDA-owned properties, starting with about 14 hectares in New Clark City.

Metro Manila office demand eases in Q3; tenants shift to knowledge, health sectors

Prime Philippines reports office demand softened slightly in the third quarter, with total space rented edging down to 53,200 square meters from 53,300 square meters in the previous three months.

Mall developers pivot to upgrades as shopping habits evolve

Philippine mall developers are easing off rapid expansion and putting more capital into redevelopments, upgrades and premium lifestyle concepts as changing consumer preferences reshape the retail landscape.

Condo redevelopment bill to unlock urban renewal, revive Makati market — LPC

A Senate bill that lowers approval requirements for condominium redevelopment could breathe new life into older residential properties and kickstart urban renewal, especially in Makati’s central business district, according to Leechiu Property Consultants (LPC).

Environment

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Technology

Digital harmony, not just tech key to growth – Globe Business G Summit 2026

Simply adopting cloud, AI and digital tools is no longer enough. True business growth comes from making these technologies work together seamlessly, leaders agreed at Globe Business’s G Summit 2026. Gathering executives nationwide from retail, finance, healthcare and energy, the forum highlighted that disconnected systems slow expansion and weaken customer experience, while well-orchestrated digital foundations drive lasting value.

SMC advances AI tollways, NAIA upgrades as adoption lags

San Miguel Corp. (SMC) is expanding artificial intelligence (AI) and digital technologies across its infrastructure businesses, but regulatory requirements, low user adoption and fragmented data systems remain obstacles to full implementation.

Maya: Use in-app tools – protect your money now

Maya urges all customers to use its built-in security controls to safeguard accounts and transactions.

DICT Chief Henry Aguda stays focused on mandate amid resignation reports

Department of Information and Communications Technology (DICT) Secretary Henry Aguda reaffirmed his commitment to his post on Wednesday, saying that he remains focused on executing his official duties despite lingering reports about his supposed resignation.

Health & Science

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Opinion

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.

The money dances tinikling

Now you see the money. Now you don’t. And if Senator-Judge Vicente “Tito” Sotto III has the metaphor right, the money does not exactly disappear. It dances.

Half-a-billion time deposit math does not quite add up

Sometimes, a little arithmetic can do what a long argument cannot. It can puncture a rather large financial assumption.

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.