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World Bank backs Philippines reform agenda with $800M loan

The World Bank has approved an USD800-million financing package for the Philippines aimed at strengthening fiscal resilience, improving the business climate and equipping Filipino workers with skills needed for higher-quality jobs.

News Dispatch

Agriculture

PH, Asian Institute of Technology launch 5-year partnership on agricultural innovation

The Philippine government and the Asian Institute of Technology (AIT) have launched a five-year partnership aimed at boosting agricultural innovation, training experts, and strengthening food security in the Philippines.

DA, SRA race to secure sugar industry input amid Middle East disruption

The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.

DA turns over P11.8M rice handling, marketing facilities in Davao Region

The Department of Agriculture (DA) has turned over ₱11.8 million worth of Kadiwa Bagsakan Centers in Maco and Carmen to strengthen agricultural marketing and support the government’s ₱20-per-kilo rice program.

SRA holds talks with sugar industry on programs supporting prices

The Sugar Regulatory Administration (SRA) met with local sugar producers, millers, and labor representatives this week to discuss ways to address current challenges in the sugar sector.

Corporate

Ayala pushes growth, spending, earnings skyward

Capital discipline and strategic investments drove Ayala Corp.’s performance last year, with the listed conglomerate spending P92.9 billion on expansions across residential, leasing, hospitality, and estate development. The outlay underscores the group’s confidence in long-term growth even amid market volatility.

Converge posts ₱11.9B net income in 2025

Fiber internet provider Converge Information and Communications Technology Solutions, Inc. on Friday reported strong financial results for 2025, with consolidated revenues reaching ₱44.8 billion, up 10.2 percent from the previous year.

Rum giant Tanduay Distillers takes spotlight at WOFEX Drinks+Bake 2026

World Food Expo (WOFEX) Drinks+Bakes 2026 at the World Trade Center Metro Manila showcased major players in the food and beverage industry, with Tanduay Distillers, Inc. drawing attention for an immersive brand presentation that highlighted its premium ambitions.

D.M. Wenceslao profit rises on Aseana momentum

D.M. Wenceslao and Associates Inc., a listed integrated property developer, posted stronger earnings in 2025 as stable rental income and improving residential sales lifted results, underscoring the growing maturity of its flagship Aseana City estate.

Banking & Insurance

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Corporate Bulletins

Rum giant Tanduay Distillers takes spotlight at WOFEX Drinks+Bake 2026

World Food Expo (WOFEX) Drinks+Bakes 2026 at the World Trade Center Metro Manila showcased major players in the food and beverage industry, with Tanduay Distillers, Inc. drawing attention for an immersive brand presentation that highlighted its premium ambitions.

Scam Watch welcomes a sharp legal mind to fight investment scams

When it comes to spotting investment scams, Atty. Joanne L. Ranada has spent much of her career reading between the lines — and occasionally between the loopholes.

Pasig mayor Vico Sotto inducts PRSP board 2026-2027 term

The Public Relations Society of the Philippines (PRSP) inducted its 2026–2027 Board of Trustees before Vico Sotto, mayor of Pasig City, during a ceremony at the Temporary Pasig City Hall on March 9.

Lender app offers real-time credit card control and mobile payments

Managing credit card spending can now be done with just a few taps through the BDO Pay app, which allows users to monitor and manage their BDO Unibank credit cards directly from their smartphones.

Social Responsibility & Sustainability

San Miguel Foods, GSIS partner to expand livelihood opportunities for members

San Miguel Foods (SMF) has signed a memorandum of agreement with the Government Service Insurance System (GSIS) to make its livelihood and small business programs more accessible to GSIS members, pensioners, dependents, and qualified public sector cooperatives and unions.

Mapúa links classrooms to mines, power

At the storied Intramuros campus of Mapúa University, the chalkboard is increasingly sharing space with the real world.

FFCCCII turn classroom legacy into TikTok challenge

The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. is bringing its decades-long classroom donation program to TikTok in a bid to engage younger audiences. 

Women leadership shapes talent recruitment choices

Gender diversity in senior management is becoming a decisive factor in where professionals choose to work, as job seekers increasingly scrutinize companies for the presence of women in leadership roles.

Markets

US-Iran conflict sends oil prices soaring

Global oil markets swung violently Monday as the escalating conflict between the US and Iran disrupted one of the world’s most important energy corridors, briefly sending crude prices soaring before easing on hints the conflict might end soon.

Oil shock, war risks rattle Philippine markets

Philippine financial markets enter the week on fragile footing as surging oil prices and escalating Middle East tensions complicate the outlook for equities, the peso, and monetary policy. 

PCC clears DoubleDragon’s MerryMart share purchase

The Philippine Competition Commission (PCC) has cleared the proposed acquisition by DoubleDragon Corporation of shares in MerryMart Consumer Corporation, allowing the transaction to proceed before the end of the regulator’s Phase 1 review period.

Jollibee weighs Vietnam IPO for Highlands

Jollibee Foods Corp., one of the largest fast food chain in Southeast Asia, is exploring a public listing for its fast-growing Vietnamese coffee arm, Highlands Coffee, in a move that could unlock fresh capital and sharpen the group’s regional expansion.

Travel

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Energy

Fuel price spike clouds Cebu Pacific growth

Cebu Pacific, the budget carrier unit of the Gokongwei Group, is bracing for potential turbulence from rising global fuel prices, even as the Philippines’ largest budget airline continues to post steady passenger growth early this year.

Philippines moves to cut mining permit processing time

The Philippine government is preparing an executive order that would cut mining permit processing time by at least half, a move aimed at improving the country’s competitiveness and attracting fresh investment into its mineral sector.

Strait of Hormuz closure push oil prices past $100/barrel

Global oil prices surged sharply, with Brent Crude for May delivery breaching USD100 per barrel for the first time in nearly four years as Iran threatened to keep the Strait of Hormuz closed amid escalating tensions with the US and Israel.

Possible power rate increase of P2–P4/kWh next month – ERC

The Energy Regulatory Commission (ERC) on Thursday said electricity prices at the Wholesale Electricity Spot Market (WESM) could rise by P2 to P4 per kilowatt-hour (kWh) next month, based on simulations by the Independent Electricity Market Operator of the Philippines (IEMOP).

Transport & Communications

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Property

Housing compliance deadline extended until November

The Department of Human Settlements and Urban Development (DHSUD) has granted private developers more time to meet their socialized housing obligations, extending the compliance deadline to Nov. 30, 2026, as global economic pressures ripple into the Philippine property sector.

D.M. Wenceslao profit rises on Aseana momentum

D.M. Wenceslao and Associates Inc., a listed integrated property developer, posted stronger earnings in 2025 as stable rental income and improving residential sales lifted results, underscoring the growing maturity of its flagship Aseana City estate.

Aboitiz, House of Investments expand TARI Estate

Aboitiz Economic Estates and House of Investments have formalized a joint venture to expand the fast-growing TARI Estate in Tarlac, signaling rising investor confidence in Central Luzon’s emergence as a manufacturing and logistics corridor.

Robinsons Land rejigs funding to Cebu residential projects

Robinsons Land Corp. is reshuffling the priority of several projects under its reinvestment program, channeling more funding into two residential developments as the listed property arm of the Gokongwei Group adjusts to shifting market opportunities.

Environment

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Technology

Globe, GCash bring free Wi-Fi and cashless payments to Lucena Public Market

Globe Telecom and GCash have launched a pilot program providing free public Wi-Fi at Lucena Public Market to support cashless transactions among vendors and shoppers.

Scam Watch welcomes a sharp legal mind to fight investment scams

When it comes to spotting investment scams, Atty. Joanne L. Ranada has spent much of her career reading between the lines — and occasionally between the loopholes.

DITO offers free calls for Filipinos in Middle East amid conflict

DITO Telecommunity is offering free incoming calls to help Overseas Filipinos and their families stay connected during the ongoing conflict in the Middle East.

Digital Thumbprint Program hits 2M learners in 10-year push for digital safety

Globe Telecom’s Digital Thumbprint Program (DTP) has reached more than two million students and educators nationwide, marking its 10th anniversary and highlighting the growing importance of digital safety and responsible technology use.

Health & Science

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Opinion

Eala storms toward WTA’s elite circle

The desert—both in Dubai and Indian Wells—has been kind to Alex Eala.

Luzviminda’s daughters: Steel, silk, sovereignty, spotlight

If you want to understand the Philippines, resist the temptation to start with its strongmen and their statues. Begin instead with its women, the quiet architects of its revolutions, the steady hands at the tiller when storms arrive.

NAIA Terminal shakeup tests airlines nerves

At Ninoy Aquino International Airport, the runway is not the only thing shifting. Airlines are now studying a government proposal to redraw the airport map itself, clustering carriers by business model in a sweeping terminal realignment. 

When safety grounds flights, bills soar

Gilbert had barely settled into his seat on a Friday evening flight bound for Manila, pleased to be heading home after several days of meetings in Mindanao. An hour later, the single-aisle jet remained parked on the tarmac at Francisco Bangoy International Airport, engines silent, cabin restless.

Sports & Entertainment

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Exclusive

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.

Aboitiz focus on industry, townships follow jobs

For three decades, the Aboitiz Group has been quietly building a real estate portfolio that spans homes, offices, and commercial spaces. But in recent years, it has made a deliberate pivot away from crowded residential battlegrounds toward a less glamorous, far more strategic corner of the market: industrial development. The bet is simple but bold—build where factories, logistics, and infrastructure go first, and let communities grow organically around them.