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Central bank projects continued dollar shortfall through 2027 amid global headwinds

The Bangko Sentral ng Pilipinas expects the country to spend significantly more dollars than it receives over the next two years, projecting a balance of payments deficit of $9.2 billion in 2026 and $8.5 billion in 2027.

News Dispatch

Agriculture

DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

DA chief pushes ASEAN Integration, highlights “Big Brother” mentorship to empower farmers

Agriculture Secretary Francisco P. Tiu Laurel Jr. underscored the critical need for regional cooperation and enhanced market linkages to secure food supplies across Southeast Asia.

Philippines targets $57 million agri-investments at Rome forum

The Philippines is pitching for more than $57.4 million in new investments across five key farm and food sectors at this week’s Hand-in-Hand Initiative Investment Forum in Rome, according to the Food and Agriculture Organization (FAO). The push builds on the country’s first national investment forum held in March, and marks a major shift toward drawing in private and international financing instead of relying only on traditional aid.

NFA cites funding gap in meeting 15-day rice buffer stock target

The National Food Authority (NFA) is struggling to meet the government’s 15-day rice buffer stock requirement as stagnant funding, limited storage and inadequate logistics constrain its ability to buy more palay from Filipino farmers.

Corporate

DigiPlus abandons New Zealand license bid

DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

PAGCOR profit seen plunging below P5 billion in 2026

Philippine Amusement and Gaming Corp. expects full-ayear net profit to plunge to less than P5 billion from P17.46 billion last year, as weaker gaming revenues, economic shocks, and the cost of running its own casinos squeeze the state gaming regulator’s earnings.

SEC flags Maharlika Play as unregistered platform

The Securities and Exchange Commission (SEC) has issued a public advisory against Maharlika Play, an unregistered platform soliciting investments through social media.

Globe launches Konek kay Attorney to bring free legal aid to communities

Globe has launched Konek kay Attorney, a program providing free legal consultations to underserved communities, partnering with the Integrated Bar of the Philippines (IBP) Rizal-RSM Chapter.

Banking & Insurance

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Corporate Bulletins

PNB, ATRAM team up to expand investment options for Filipinos

The Philippine National Bank (PNB), via PNB Securities Inc., has partnered with ATRAM Trust Corporation to broaden investment access for Filipinos.

Meralco spokesman urges future communicators to champion ethical content creation

As digital platforms reshape how organizations communicate with the public, Manila Electric Co. Vice President and Head of Corporate Communications Joe R. Zaldarriaga is urging aspiring communicators to treat authenticity, accuracy, and accountability as core responsibilities rather than optional considerations.

GSIS opens new Dagupan branch

The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.

Ayala Land’s Vermosa earns top green district certification

Ayala Land’s 752-hectare Vermosa estate in Cavite has received the highest rating under the Philippine Green Building Council’s (PHILGBC) BERDE Districts certification system, adding a sustainability credential to its bid to establish itself as a major residential and commercial growth center south of Metro Manila.

Social Responsibility & Sustainability

Globe launches Konek kay Attorney to bring free legal aid to communities

Globe has launched Konek kay Attorney, a program providing free legal consultations to underserved communities, partnering with the Integrated Bar of the Philippines (IBP) Rizal-RSM Chapter.

Recycled plastic chairs donated to Misamis Occidental school

Discarded plastic waste has found new purpose at Clarin Elementary School, where 50 brand-new classroom chairs made entirely from recycled materials were turned over to students this week.

BDO Foundation expands digital access for 20,000 learners 

More than 20,000 learners and 700 educators across 13 schools and learning institutions now have greater access to digital tools through more than 180 desktop computers and laptops donated by BDO Foundation.

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.

Markets

Stocks face cautious trading as inflation, rate risks mount

Philippine equities are likely to remain volatile this week as accelerating inflation, peso weakness and mounting expectations of monetary tightening weigh on sentiment, tempering optimism over corporate earnings and potential new stock market listings.

Forensic accounting connects the dots

Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.

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.

Travel

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Energy

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

First Gen completes rooftop solar project for NKC Group’s Cebu unit

First Gen Group has completed and officially switched on a rooftop solar installation at NKC Manufacturing Philippines Corporation—Cebu-based subsidiary of Japan’s NKC Group—just four months after signing the deal, in a bid to secure reliable power amid Visayas supply challenges.

Regulator issues rules extending power disconnection suspension through year-end 2026

The Energy Regulatory Commission (ERC) has released the guidelines extending the suspension of power service disconnections through the end of December 2026 for qualified low-income residential consumers, balancing immediate household relief with strict settlement conditions for distribution utilities.

September WESM prices rise 3.1% nationwide, set to reflect in October bills

Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.

Transport & Communications

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Property

Ayala’s P15-B mall reinvestment lifts rents, hotel rates

Ayala Land Inc.’s P15-billion investment in mall upgrades, alongside a broader push to refresh its hospitality portfolio, is beginning to deliver stronger returns as the property developer adapts to changing consumer behavior in the post-pandemic market.

Infosys extends lease with FLI, consolidates Alabang hub at Axis Tower 2

Filinvest Cyberparks Inc. (FCI), the office leasing arm of Filinvest Land Inc. (FLI), has renewed and expanded its long-standing partnership with global IT-BPM firm Infosys BPM, marking over 12 years of collaboration.

Colliers seeks VAT relief to boost Manila condo sales

Colliers Philippines is urging the government to raise the value-added tax (VAT) exemption ceiling for residential properties, arguing that targeted tax relief could improve affordability and help absorb Metro Manila’s growing inventory of unsold condominiums.

Rockwell joins expanded 4PH to widen homeownership access

Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.

Environment

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Technology

New DICT chief De Claro vows to fast-track PH digital transformation

Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

Bicol attracts IT-BPM and manufacturing investors amid regional expansion push

The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.

FreyFil chief urges young builders to embrace technology, networks

Next-generation entrepreneurs in the Philippine construction industry must pair technological innovation with specialized expertise and strong professional relationships to compete for projects and sustain growth, FreyFil Corp. chairman and president Francis Frederic Cruz said.

Rising costs push 90% of VMware users to seek alternatives

Rising costs and changing vendor terms are prompting businesses to rethink their IT infrastructure. The 2026 IT Virtualization Survey by Rimini Street and Unisphere Research found that nine in ten VMware organizations are exploring alternatives, mainly due to soaring licensing costs.

Health & Science

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Opinion

The trouble with counting medals

Filipinos have a curious relationship with the medal table. We like to see our flag climbing it, preferably past countries with larger populations, bigger budgets, and considerably more athletes. We count golds, compare totals, calculate rankings, and wonder whether we could have done better. A silver medal is celebrated, of course, but not before someone observes that it could have been a gold.

Forensic accounting connects the dots

Forensic accounting is where spreadsheets lose their innocence, receipts acquire personalities, and money is asked to explain where it has been hiding.

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.

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.