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Agriculture
Davao durian shipped to Oman in new trial export
The Department of Agriculture announced Tuesday that 56 boxes of Davao durian, weighing 1.08 metric tons and worth around P183,000 ($3,000), have been sent to Oman. The shipment from Engseng Food Products of Davao City is bound for Jeel Almaaly International in Al Dakhiliyah Governorate.
DA rules out rice import ban to secure buffer stocks amid El Nino threat
The Department of Agriculture (DA) will not ban rice imports for the rest of the year, choosing instead to build up emergency food reserves ahead of expected El Niño weather disruptions.
Record Q2 palay harvest masks looming El Niño risks
Philippine palay production surged to a record second-quarter high, giving the government a timely boost in its bid to stabilize rice prices, although an expected weather-induced slowdown later this year underscores the fragile nature of the gains.
Gov’t appeals SC ruling barring mandatory vessel tracking system
The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.
Corporate
Petron net income drops 28% on high oil costs
Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.
DigiPlus to seek New Zealand gaming license
DigiPlus Interactive Corp. announced on Tuesday that it will apply for a gaming license in New Zealand.
Filreit net income climbs 34% in first half of 2026
Filinvest REIT Corp., or Filreit, the real estate investment trust of the Gotianun group, reported on Tuesday that its net income for the first six months ending June rose 34 percent to P874 million, up from P650.74 million in the same period a year earlier.
Maynilad targets lower water losses through infrastructure investments
Maynilad Water Services Inc. aims to reduce its non-revenue water (NRW) to 27 percent by the end of 2026 as continued investments in pipe rehabilitation, smart water management and network upgrades improve efficiency while making the utility more resilient to drought.
Corporate Bulletins
Seven Philippine firms join Forbes Asia elite list
Seven Philippine-listed companies have been named to Forbes Asia's 2026 Best Under A Billion list, underscoring the resilience of the country's mid-sized enterprises as they continue to grow despite a challenging global business environment.
BPI marks 175 years of service, innovation, and nation building
The Bank of the Philippine Islands (BPI) celebrated its 175th anniversary on August 1, 2026, marking nearly two centuries of service and leadership in the country’s financial sector.
Tubig Pilipinas signs P1.35-B deal for Bataan Freeport water systems
Central Luzon’s economy grew 4.5 percenr in 2025, with industry making up 41.8 percent of output, per the Philippine Statistics Authority.
Jollibee opens new San Francisco store to boost North America expansion
Jollibee Foods Corporation, also called the Jollibee Group, has opened a new store in downtown San Francisco, California to grow its business across North America.
Social Responsibility & Sustainability
BDO Foundation, ADDU launch scholarship and career program for needy students
More deserving young Filipinos from low-income families will get better access to higher education and stable jobs under a new partnership between BDO Foundation and Ateneo de Davao University.
Jollibee Group Foundation’s farmer-led agri-tech initiative wins top CSR recognition
The Jollibee Group Foundation (JGF) has been conferred the Outstanding CSR Project in Enterprise Development award at the 2026 League of Corporate Foundations CSR Guild Awards for its Agri-Tech Facilitators (ATF) Program, an initiative centered on the principle that agricultural innovation delivers lasting impact when driven by farmers themselves.
Food banking seen boosting Philippines’ disaster preparedness, resilience
As stronger typhoons and other climate-related disasters threaten food security, Rise Against Hunger Philippines (RAHP) is pushing for a stronger nationwide food banking system, saying it can help communities recover faster while reducing hunger and food waste.
Converge launches youth tech program to close digital skills gap
Converge ICT Solutions Inc. has launched a new initiative to equip underserved Filipino youth with technology skills, as the country pushes forward with digital transformation.
Markets
Markets await key data amid cautious investor outlook
Philippine financial markets are entering a pivotal week as investors weigh a heavy lineup of economic data, corporate earnings, and global developments that could shape sentiment and expectations for monetary policy.
Shopee, Iloilo forge MSME digital commerce program
Shopee Philippines and the Iloilo City government are shifting from one-off entrepreneurship training to continuous digital business development, launching a year-round program designed to help micro, small and medium enterprises (MSMEs) build sustainable online businesses.
Ayala boosts Ayala Land stake with P2.38B buyback
Ayala Corp. has accelerated its accumulation of Ayala Land Inc. (ALI) shares, spending about P2.38 billion to acquire 141.55 million common shares through market purchases disclosed between July 16 and July 31, reinforcing its confidence in the property giant's long-term prospects while taking advantage of what it believes is an undervalued share price.
Apple posts record 3Q; shares sink on supply constraint
Apple Inc. delivered its strongest June quarter on record,...
Energy
DOE awards first PGSSP contract to Metatek for PH energy resource mapping
The Department of Energy (DOE) has given the initial contract for the Philippine Gradiometry and Seismic Survey Project (PGSSP) to global geophysical services firm Metatek.
Solane expands retail network with new Iloilo LPG showroom, terminal
Solane is expanding its retail footprint and strengthening its distribution network with the opening of a new Park N’ Order concept showroom and an integrated LPG terminal in Leganes, Iloilo, as the company invests in improving customer convenience and ensuring a more reliable supply of cooking gas in Western Visayas.
Antitrust agency clears ABC Energy stake in Alternergy unit
The Philippine Competition Commission (PCC) has approved ABC Energy Inc.'s acquisition of a 40 percent minority stake in Alternergy Tanay Wind Corp. and Alabat Wind Power Corp., ruling that the transaction is unlikely to lessen competition in the country's fast-growing renewable energy sector.
Enderun Colleges switches fully to renewable energy under First Gen partnership
Enderun Colleges has partnered with leading Philippine renewable energy producer First Gen Group to power its entire campus with clean energy, advancing the institution’s green campus goals. The agreement was signed in April and took effect in June 2026, with all buildings and facilities at its 1.7-hectare main campus in Bonifacio Global City, Taguig, now running entirely on renewable power. First Gen will supply the college’s estimated 650-kilowatt energy requirement from its Unified Leyte power plant.
Property
ARTA launches e-HOPC to cut housing permit requirements
The Anti-Red Tape Authority (ARTA) and 15 government agencies have rolled out Joint Memorandum Circular No. 1, Series of 2026, introducing a unified digital permitting system designed to significantly reduce documentary requirements and processing time for housing projects as the government moves to accelerate residential construction.
Filinvest REIT boosts dividends as H1 profit surges
Filinvest REIT Corp. (FILRT) declared P391.1 million in quarterly cash dividends after delivering stronger first-half earnings, underscoring how a more diversified property portfolio is helping cushion the lingering softness in the office leasing market.
ARTA revives Lina Law to speed up housing permits
The Anti-Red Tape Authority (ARTA) is set to launch new rules designed to cut bureaucratic delays in housing development, reviving long-dormant provisions of the three-decade-old Lina Law as the government seeks to accelerate affordable housing projects and reduce regulatory bottlenecks.
Ayala Land secures spot in S&P sustainability yearbook
Ayala Land Inc. (ALI) has earned a place in...
Technology
TikTok, TESDA boost creator skills for Filipino livelihoods
TikTok has partnered with the Technical Education and Skills Development Authority (TESDA)-National Capital Region to train aspiring content creators, entrepreneurs and job seekers, reflecting the growing role of the creator economy as a source of income and employment in the Philippines.
Converge tops DICT Q2 broadband rankings
Converge ICT Solutions Inc. posted the Philippines’ best fixed broadband performance in the second quarter, according to the DICT’s latest Oplan Bantay Signal report. The provider recorded the fastest download speed at 158 Mbps, lowest latency at just 5 milliseconds, and saw customer complaints drop 84 percent from January to June. No Converge-served area fell below the 15 Mbps minimum speed threshold.
STT GDC expands Philippine AI data center investments
ST Telemedia Global Data Centres (STT GDC) is accelerating its Philippine expansion, betting that surging demand for artificial intelligence and cloud computing will outweigh long-standing concerns over electricity costs and strengthen the country's position as a regional digital infrastructure hub.
AI can unlock globally competitive Filipino innovations, IPOPHL
Intellectual Property Office of the Philippines (IPOPHL) Director General Teodoro C. Pascua said artificial intelligence could become a powerful engine for transforming Filipino ideas into globally competitive products, provided innovation is matched with stronger protection of intellectual property rights.
Opinion
Private prosecutor steals spotlight in VP impeachment trial
Courtroom dramas are supposed to be solemn affairs. Then Atty. Lorna Kapunan walked to the lectern and reminded everyone that wit can be just as effective as a legal citation.
Supreme Court ruling reels in Philippine seafood export risks
The Supreme Court's decision striking down Fisheries Administrative Order No. 266 has cast a wide net over the Philippines' fisheries sector, raising questions that reach well beyond the country's waters.
MPBL game-fixing ban to reignite online betting debate
The Maharlika Pilipinas Basketball League has done what every sports league eventually must when confronted with game-fixing allegations: make an example of someone.
Eala stuns Zheng, handshake steals spotlight online
For all the breathtaking rallies Alex Eala and Zheng Qinwen produced in Washington, the most replayed moment lasted about two seconds. It wasn't Eala's fearless comeback. It wasn't Zheng's unraveling. It was...the handshake.
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.
