Just in

Top News

Gabby Lopez sells Lopez Inc. stake to Ramon Ang

Eugenio “Gabby” Lopez III on Monday said his family branch sold its 25.7-percent stake in Lopez, Inc. to businessman Ramon S. Ang, reshaping the ownership of one of the Philippines’ best-known family business groups while potentially drawing a line under a long-running family dispute.

News Dispatch

Agriculture

Agriculture storm damage hits P135M 

Agricultural damage and losses from Tropical Cyclones Luis and Maymay and the enhanced Southwest Monsoon has climbed to P135.3 million, affecting 6,010 farmers and damaging 4,516 hectares of farmland across five regions, according to the Department of Agriculture.

Gov’t revives P90B Parañaque spillway project to transform Laguna de Bay

The government is pushing forward the long-delayed Parañaque Spillway Project, a proposed P90-billion infrastructure initiative that aims to do more than just control flooding by turning Laguna de Bay into a more productive fishing ground and a reliable freshwater source for Metro Manila and nearby provinces.

DA suspends livestock imports from seven countries over FMD 

The Department of Agriculture (DA) has imposed a temporary ban on the importation of live animals and select animal products from seven countries in the Middle East and Europe following confirmed cases of foot-and-mouth disease (FMD).

FPA files raps vs illegal fertilizer maker in North Cotabato

The Fertilizer and Pesticide Authority (FPA) has filed a criminal complaint against DQB Green Agricultural Products Trading owner Quiara Fabian Baterina for unauthorized fertilizer manufacturing in Makilala, North Cotabato.

Corporate

PHINMA profit rises as education offsets weakness

PHINMA Corp. posted P363.35 million in consolidated net income in the first half of 2026, with its education business providing the biggest lift as construction, property, and other operations faced a softer economy.

Ayala launches ACX Retail for global brands 

Ayala Corp. is sharpening its push into Philippine retail with the launch of ACX Retail, a new platform designed to bring international consumer brands into the country and build them into long-term businesses.

Alex Eala named Face of Marriott Bonvoy Campaign, highlighting Southeast Asian tennis rise

Marriott Bonvoy has appointed Filipino tennis star Alex Eala as the face of its "Tennis The World" campaign across Asia Pacific excluding China, cementing her rapid rise as a major force on the global sports stage.

Gabby Lopez sells Lopez Inc. stake to Ramon Ang

Eugenio “Gabby” Lopez III on Monday said his family branch sold its 25.7-percent stake in Lopez, Inc. to businessman Ramon S. Ang, reshaping the ownership of one of the Philippines’ best-known family business groups while potentially drawing a line under a long-running family dispute.

Banking & Insurance

spot_img

Corporate Bulletins

Alex Eala named Face of Marriott Bonvoy Campaign, highlighting Southeast Asian tennis rise

Marriott Bonvoy has appointed Filipino tennis star Alex Eala as the face of its "Tennis The World" campaign across Asia Pacific excluding China, cementing her rapid rise as a major force on the global sports stage.

VYBE teams up with But First, Coffee for rewards and anniversary special

Coffee lovers get great perks when paying with VYBE by BPI at But First, Coffee. From July 15 to September 30, 2026, spend at least ₱150 in one receipt, pay via QR Ph with VYBE, and get a free drink plus 100 BPI Rewards Points at over 237 branches nationwide. Present your transaction confirmation to claim your reward.

Ayala Land earns national honors for PWD accessibility

Accessibility is often measured in inches and angles, in ramps, elevators, doorways, and pathways. But its real measure is simpler. It is whether a place allows people to move through it with dignity, independence, and ease.

SM Prime racks up accessibility awards as inclusive design gains prominence

SM Prime Holdings Inc. strengthened its position as one of the country's leading advocates of accessible infrastructure after receiving 14 distinctions at the 31st Apolinario Mabini Awards, reflecting the growing importance of inclusive design in Philippine real estate.

Social Responsibility & Sustainability

Pax Silica hub targets USD 200B exports

The planned Pax Silica industrial hub in New Clark City is targeting its first 10 to 20 locators within five years of construction, with an ambitious goal of generating as much as USD200 billion in exports over a 30-year development period.

Ayala Land earns national honors for PWD accessibility

Accessibility is often measured in inches and angles, in ramps, elevators, doorways, and pathways. But its real measure is simpler. It is whether a place allows people to move through it with dignity, independence, and ease.

BDO partners with foundations to bring solar energy to indigenous communities in Quezon

Living without electricity or paved roads has been a lifelong reality for Liezel Sarmiento, a barangay councilor and member of the Dumagat-Remontado tribe in Sitio Cablao, Quezon.

Aboitiz Foundation expands Cebu community forest restoration work

Aboitiz Foundation is growing its partnerships with local groups across Cebu to boost community-led forest restoration under its CarbonPH climate initiative. Working with officials in Danao City and Balamban, the foundation is providing training and resources to help residents restore forests while building sustainable livelihoods.

Markets

Peso, stocks brace for volatility as rate bets fade

Philippine markets may stay on edge as investors juggle Middle East risks, oil prices and the next move by the Bangko Sentral ng Pilipinas, but fading rate-hike bets are giving both the peso and stocks some breathing room.

AI transforms retail but fundamentals still drive growth

Artificial intelligence is rapidly reshaping Philippine retail, but technology alone will not determine which businesses succeed, according to venture capital firm Kickstart Ventures, which says disciplined execution and sound business fundamentals remain the strongest drivers of sustainable growth.

Retailers see modest growth amid rising costs, online rivals

Philippine retailers are bracing for another challenging year, with industry growth expected to remain in the single digits as higher operating costs, cautious consumers, and intensifying competition from online sellers continue to squeeze margins, according to the Philippine Retailers Association (PRA).

Retailers told to embrace AI without losing human touch

The Philippine Retailers Association (PRA) on Thursday urged businesses to accelerate their adoption of artificial intelligence while ensuring that technology complements, rather than replaces, the human connections that underpin customer loyalty.

Travel

spot_img

Energy

Meralco power rates fall slightly on refunds

Electricity rates for Manila Electric Co. customers will edge lower in August as a P9.5-billion regulatory refund offsets higher transmission, tax, and other pass-through charges.

Meralco August rates seen lower on ERC-approved refund

Manila Electric Co. (Meralco) announced Sunday that electricity rates in its service area will likely decrease this August, ahead of the official rate adjustment set to be released on August 10. The company said a newly approved refund from the Energy Regulatory Commission (ERC) will be enough to cover other upward adjustments in monthly bills.

Fuel prices set for major rollback, offering much-needed relief to households and businesses

Ordinary consumers and business owners can look forward to substantial savings at the pump this week as local oil companies prepare to roll back pump prices for both gasoline and diesel by as much as P5.00 per liter. The upcoming reduction marks another consecutive week of price cuts, delivering direct financial relief to households managing tight budgets and enterprises battling heavy operating costs.

Meralco works to restore power as floods hit

About 98,000 Meralco customers remained without electricity as of 10 a.m. Sunday as the enhanced southwest monsoon triggered flooding and damaged power facilities in several areas.

Transport & Communications

spot_img

Property

RPVARA deferment gives housing sector breathing room

The deferment of the Real Property Valuation and Assessment...

SMX visitor traffic jumps 18% as events recover

SMX Convention Centers is expanding its footprint as the Philippine business events industry gathers momentum, with visitor traffic rising 18 percent in the first half of 2026 and new venues in Cebu and Metro Manila set to add capacity.

Megaworld realigns key officers as longtime executive retires

Megaworld Corp., the listed property venture of billionaire Andrew Tan, has reshuffled the responsibilities of several senior executives, tightening the division of finance, audit and compliance functions as longtime executive Maria Victoria M. Acosta retires.

CREC solar project aims to lower Pampanga power bills

Citicore Renewable Energy Corp. (CREC) and Pampanga I Electric Cooperative (PELCO I) have begun construction of a 41-megawatt-peak embedded solar facility with battery storage, a project that could help reduce electricity costs and system losses while strengthening energy security in Pampanga.

Environment

spot_img

Technology

Globe boosts data center investments amid rising digital demand

Globe Telecom is increasing its investment in data center infrastructure to meet growing demand for cloud services, artificial intelligence, streaming, gaming, and business applications.

AI reshapes Philippine jobs as skills lag

Artificial intelligence is spreading rapidly across Philippine workplaces, but the country faces a widening gap between AI adoption and the skills needed to develop and harness the technology.

Cybercrime surge puts millions of Filipinos at risk

Cybercrime in the Philippines is no longer just growing. It is exploding.

AI transforms retail but fundamentals still drive growth

Artificial intelligence is rapidly reshaping Philippine retail, but technology alone will not determine which businesses succeed, according to venture capital firm Kickstart Ventures, which says disciplined execution and sound business fundamentals remain the strongest drivers of sustainable growth.

Health & Science

spot_img

Opinion

When the cleanup starts costing growth

Even the best intentions can backfire.

Alex Eala’s sweetest revenge spoke louder than cheers

Some victories earn ranking points. Others settle unfinished conversations. Alex Eala's...

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. 

Sports & Entertainment

spot_img

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.