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VAT relief on power system loss charges begins November

Consumers will start seeing savings from the lifted value-added tax (VAT) on allowable system loss charges in their November electricity bills, the Energy Regulatory Commission (ERC) announced Wednesday.

News Dispatch

Agriculture

Gov’t delivers swift aid and support for weather-hit farmers 

The Department of Agriculture (DA) and Department of Agrarian Reform (DAR) are rolling out urgent financing and recovery measures to help farmers and fisherfolk overcome hardships brought by recent habagat and typhoons.

Palay, corn output seen falling in third quarter

Palay and corn production may decline sharply in the third quarter, with the latest estimates from the Philippine Statistics Authority pointing to smaller harvest areas for both crops and weaker corn yields.

DA, PhilSA ink 5-year satellite tech deal for agriculture

The Department of Agriculture (DA) and Philippine Space Agency (PhilSA) formalized a five-year partnership Tuesday to deploy Earth observation, geospatial tools, and AI for strengthening agriculture, fisheries, disaster response, and climate resilience. The collaboration uses satellite data to speed up damage detection, improve irrigation planning, and shield food production from floods, droughts, and other risks.

Palay farmgate prices jump 30%  in August

Farmgate prices of dry palay rose nearly 30 percent year-on-year in August, extending the gains seen earlier in 2026 and providing stronger returns for rice farmers despite a slight monthly decline.

Corporate

Nestlé PH pours nearly P500M into Batangas plant to boost chocolate drink production

Nestlé Philippines has committed nearly P500 million to expand its manufacturing facility for Chuckie chocolate drink in Tanauan City, Batangas, marking a major move to scale up output and respond to rising consumer demand.

Nestlé CEO visit highlights Philippines growth role 

Nestlé Group CEO Philipp Navratil made his first official...

Security Bank Foundation wins two Philippine Quill awards

Security Bank Foundation Inc. (SBFI) received two honors at...

EastWest simplifies bank access via app with full digital account opening, credit card applications

EastWest has expanded its EasyWay digital banking app to let Filipinos open savings accounts and apply for credit cards entirely from mobile devices, removing traditional hurdles to accessing financial services.

Banking & Insurance

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Corporate Bulletins

Security Bank Foundation wins two Philippine Quill awards

Security Bank Foundation Inc. (SBFI) received two honors at...

EastWest simplifies bank access via app with full digital account opening, credit card applications

EastWest has expanded its EasyWay digital banking app to let Filipinos open savings accounts and apply for credit cards entirely from mobile devices, removing traditional hurdles to accessing financial services.

Converge ICT, AmCham Visayas ally to advance central PH digital transformation

Converge ICT Solutions Inc. and AmCham Visayas have formed a strategic alliance to drive digital transformation across the Visayas, boosting economic growth and enterprise resilience. Through Converge Global Business, their partnership was highlighted at the recent “Digital Transformation in Action” forum at Bai Hotel Cebu, attended by executives, officials, and industry leaders who recognized robust digital infrastructure as key to innovation and modernization.

Manulife Philippines names Santos operations chief

Manulife Philippines has appointed Erica Jurilla Santos as chief operations officer, effective Sept. 15, as the insurer moves to strengthen operational capabilities and accelerate business transformation.

Social Responsibility & Sustainability

Hamilo Coast deepens marine conservation partnership

Costa Del Hamilo Inc. (CDHI) and WWF-Philippines are renewing a nearly two-decade sustainability partnership, expanding marine conservation and environmental monitoring as tourism and property development continue to grow in Philippine coastal destinations.

GBF marks 34th year with classroom donations

The Gokongwei Brothers Foundation (GBF) launched 10 new classrooms in Calasiao, Pangasinan and Bacolod City for its 34th anniversary, benefiting four public schools. Two classrooms each go to Nalsian-Bacayao, Bued, and San Miguel Elementary Schools; four to Emiliano Lizares Elementary.

BPI’s Barangay PeraWise Caravan expands financial education in Caloocan

The Bank of the Philippine Islands (BPI) is expanding community financial education via its six-leg Barangay PeraWise Caravan to boost money skills and household well-being.

Globe extends monsoon relief to Central Luzon families

Globe is providing relief assistance to 700 families in Pampanga, Bulacan, and Bataan still recovering from the Southwest Monsoon, in partnership with Ayala Foundation Inc. Covered areas include Pampanga’s Masantol, Macabebe, Apalit, Candaba, Bulacan’s Calumpit, and Bataan’s Hermosa and Dinalupihan, building on earlier Alagang Globe support as recovery proceeds. The company confirms full restoration of mobile and broadband services previously disrupted across parts of Metro Manila and Rizal province.

Markets

Hawkish Fed, $100 oil keep peso, PSEi under pressure

The Philippine peso and stocks could remain volatile this week as a hawkish US Federal Reserve, crude oil prices above USD100 a barrel and heightened Middle East tensions keep investors cautious.

PSEi tests 6,100 as peso volatility clouds momentum

The PSEi is knocking on 6,100—but whether it can break higher may depend on how the peso holds up as geopolitical tensions, dollar demand and shifting rate expectations add to market uncertainty.

Global gold demand hits record US$193-B in 1Q 2026; EastWest delivers expert insight under new partnership

Global gold demand stayed resilient amid market volatility, reflecting strong long-term investor confidence in the metal as a reliable way to preserve wealth. In the first quarter of 2026, total global demand hit 1,231 tons - valued at a record US$193 billion. This strength held even though gold prices dropped 15.4 percent in the second quarter, driven by expectations of higher interest rates.

7-Eleven targets 5,000 stores, shrugs off discounters

Philippine Seven Corp., operator of 7-Eleven convenience stores, is pressing ahead with aggressive expansion despite the rapid growth of hard-discounters, confident that its convenience-store format remains sufficiently differentiated to withstand the new competition.

Travel

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Energy

Electric cooperatives demand energy reforms as Visayas power grid struggles 

Persistent power alerts in the Visayas have prompted the Philippine Rural Electric Cooperatives Association Inc. (PHILRECA) to call for major government-led structural reforms in the energy sector.

Filinvest opens energy-efficient tech to external clients 

Filinvest Group has rolled out two key energy efficiency initiatives: an EV charging station at Festival Mall in Muntinlupa City, and broader availability of its high-efficiency district cooling systems for companies outside its portfolio.

DOE maps out power boost for Panay and Visayas

The Department of Energy (DOE) is advancing new generation assets and a key transmission link to secure Panay Island’s power supply and support Western Visayas’ growth.

DOE clears way for fuel tax suspension amid sharp price spikes, assures supply sufficiency

The Department of Energy has formally certified that the one-month average price of Dubai crude oil has surpassed the $80-per-barrel threshold set by Republic Act 12316, triggering the process to consider suspending or reducing fuel excise taxes. From August 13 to September 11, 2026, the benchmark averaged $99.41 per barrel.

Transport & Communications

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Property

Ayala Land Premier starts Gardencourt unit turnover

Ayala Land Premier has begun turning over units at Gardencourt Residences in Arca South, Taguig, as parent Ayala Land Inc. (ALI) focuses on accelerating project completion and home deliveries across its residential pipeline.

Filinvest joins growing roster of developers backing Expanded 4PH

Filinvest Land Inc. (FLI) has joined a growing roster of major property developers supporting the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH), widening the housing inventory and financing options available to qualified homebuyers.

Federal Land maps new projects as property downturn persists

Federal Land Inc. Chairman Alfred Ty remains optimistic about the Philippine property market, saying developers are positioned to weather the current downturn as the sector works through elevated inventory and prepares for a gradual recovery.

Philippine hotel pipeline hits P387B, 45,000 rooms through 2032

The Philippine hotel industry has lined up P387 billion in committed investments for more than 45,000 new rooms through 2032, signaling sustained developer confidence in tourism despite sharply higher construction and financing costs.

Environment

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Technology

Rural Filipino consumers highly connected but deliberate, trust-driven—study

Rural Filipino consumers are increasingly digitally connected but remain highly deliberate in spending, with trust, family needs and financial security playing a bigger role in purchasing decisions than simple exposure to brands, a new study by WPP Media, Ogilvy and Fifty5Blue found.

Lenovo & Motorola Qira expands to more devices, apps and markets

Lenovo & Motorola Qira, the cross-device personal AI, is expanding its reach at IFA 2026 following an initial rollout to over 20 Lenovo devices starting in March. It now supports eligible Lenovo PCs with 16GB memory, expanding beyond high-end configurations, and will come to select Motorola edge, signature and razr models with the Android 17 upgrade. It also debuts on moto watch ultra, its first wearable, and connects with Gmail, Google Calendar, Slack, Outlook and more via a new Workato partnership.

PEZA to approve first IT center in Manila

Manila is poised to get its first Philippine Economic Zone Authority-accredited information technology center as developers move to tap renewed demand for IT-BPM and technology facilities in Metro Manila.

PH broadens AI industrial strategy beyond Clark

The Philippines is pursuing a more distributed artificial intelligence-driven industrial strategy that could spread advanced manufacturing, chip design, critical-mineral processing, and computing infrastructure across the country rather than concentrate the emerging technology ecosystem in New Clark City.

Health & Science

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Opinion

When expertise becomes inconvenient, listen first

When judges and lawyers can sometimes get the law wrong, why should non-lawyers presume they know better?

Alex Eala should not pay for tennis politics

What is the price of patriotism?

The math behind Duterte’s impeachment vote

The math, more than politics, may hold the key to Vice President Sara Duterte’s political future. And the numbers could be settled within the next two weeks, when the Senate, sitting as an impeachment tribunal, decides which denominator should be used in determining the votes needed for conviction or acquittal.

Sid Consunji plots a scholarship fund with staying power

A scholarship can cover tuition. It cannot necessarily cover lunch, the commute to school, or the other daily expenses that can make staying in college a financial juggling act.

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.