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ASEAN business group urges ministers to turn gains into jobs

The Association of Southeast Asian Nations’ private sector is pressing economic ministers to turn years of regional integration into actual business opportunities, investments and jobs, with easier trade rules and stronger support for micro, small and medium enterprises (MSMEs) at the center of its agenda.

News Dispatch

Agriculture

PH launches school milk program; 4.6 million learners to benefit

The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.

Gov’t sends pioneer carabao mango shipment to Canada

The Philippines has shipped its first batch of commercially exported Carabao mangoes to Canada, the Department of Agriculture announced Monday.

DA warns vs contract fixers: No special access to PRDP, 

The Department of Agriculture warned contractors and the public Monday against individuals claiming ties to agency staff to secure Philippine Rural Development Project contracts for a fee. Reports include a person calling himself Gio offering guaranteed awards, but the DA confirmed no one is authorized to broker such deals.

DA urges returning OFWs to invest in agribusiness

The Department of Agriculture (DA) is calling on overseas Filipino workers (OFWs) planning permanent return to pursue agribusiness as both livelihood and national contribution.

Corporate

Mitsubishi Corp raises Ayala stake to 15% in P44.5-billion deal

Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.

Security Bank Wealth highlights wealth strategy at 2026 Midyear Events

Security Bank Wealth gathered clients in Manila and Davao for its 2026 Midyear Events to advance a unified approach to wealth creation, protection, and succession. Titled “Building Resilient Wealth: An Integrated Approach to Income, Growth, Protection, and Legacy Planning,” the program brought together experts in investments, tax, legal, trust, and insurance to address the growing interconnectedness of financial decisions.

GCash campaigns turn digital engagement into climate action

GCash has received three honors at the 2026 Philippine Quill Awards for campaigns that used digital engagement to support environmental initiatives and raise public awareness of online scams.

S&P gives Digiplus B+ rating, flags regulatory risks

S&P Global Ratings assigned Digiplus Interactive Corp. a ‘B+’ long-term issuer credit rating with a stable outlook, saying the company’s strong position in Philippine online gaming should support its business. At the same time, regulatory uncertainty and expansion plans remain key risks.

Banking & Insurance

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Corporate Bulletins

Security Bank Wealth highlights wealth strategy at 2026 Midyear Events

Security Bank Wealth gathered clients in Manila and Davao for its 2026 Midyear Events to advance a unified approach to wealth creation, protection, and succession. Titled “Building Resilient Wealth: An Integrated Approach to Income, Growth, Protection, and Legacy Planning,” the program brought together experts in investments, tax, legal, trust, and insurance to address the growing interconnectedness of financial decisions.

GCash campaigns turn digital engagement into climate action

GCash has received three honors at the 2026 Philippine Quill Awards for campaigns that used digital engagement to support environmental initiatives and raise public awareness of online scams.

Top Line names Jane Gocuan chief investment officer

Top Line Business Development Corp. has appointed veteran banking executive Jane K. Gocuan as chief investment officer, effective September 18, as the company expands its focus on investment-related activities and business development.

EastWest, foodpanda team up boosts everyday spending value

Food delivery is now part of Filipino daily life, with foodpanda seeing peak lunch and dinner orders, steady weekend demand, and 25.3 percent of late-night deliveries (11 p.m.–4 a.m.) for burgers. Responding to this shift and rising digital payments—49 percent of platform transactions—foodpanda and EastWest have launched their co-branded foodpanda Visa credit card.

Social Responsibility & Sustainability

One Meralco Foundation supports 300 San Juan pupils

More than 300 elementary students in San Juan City received school supplies and access to new reading spaces as the One Meralco Foundation (OMF) expanded its Balik Eskwela program to Salapan Integrated School.

Manila Water delivers emergency water to flood-hit Pangasinan under state of calamity

Amid a State of Calamity in Pangasinan from widespread flooding, Manila Water’s Calasiao Water, North Luzon Water, and Manila Water Foundation acted fast to supply safe water to Calasiao, Malasiqui, and Sta. Barbara evacuees.

GrabScholar produces first Southeast Asian graduates 

Grab Philippines has produced the first college graduates of its GrabScholar program in Southeast Asia, providing an early measure of how the platform’s education initiative is translating scholarships into workforce opportunities.

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.

Markets

Philippine stocks brace for oil, peso headwinds

Philippine equities enter Monday trading with volatility likely to remain elevated as investors weigh three competing forces: higher oil prices, renewed peso weakness and tightening domestic liquidity ahead of sizeable equity offerings.

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.

Travel

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Energy

Serial fuel price hikes hit households and businesses: adjustments staggered

Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.

ACEN units surrender two solar contracts

Subsidiaries of ACEN Corp., the listed renewable energy arm of the Ayala Group, have voluntarily relinquished two solar energy operating contracts in Quezon and Zambales, citing land acquisition and site access constraints that affected the projects’ development.

AboitizPower signs 15-year power deal with LVECA

Aboitiz Power Corporation has secured 15-year baseload power supply agreements with the Luzon and Visayas Electric Cooperatives Aggregation (LVECA). Through Therma Luzon (222.5 MW to 19 Luzon co-ops) and Therma Visayas (48.2 MW to 10 Visayas co-ops), it shares in the total 565.5 MW awarded via NEA-supported joint competitive selection process (CSP). Aggregation replaces separate biddings, boosting co-ops’ market leverage and supply stability. Covers key provinces across both islands. For AboitizPower, this follows its 2025 LECA deal, expanding strategic footprint. Long-term terms mitigate disruption risks, strengthening co-ops’ operations and service reliability for households.

Underwater solar cells reach 10 meters deep

A solar panel that works underwater sounds like the sort of thing a fish might invent after getting tired of waiting for Wi-Fi. But researchers have now shown that the idea is more than a science-fiction prop.

Transport & Communications

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Property

BCDA to bid out P40 billion Market! Market! property

The Bases Conversion and Development Authority (BCDA) plans to bid out a four-hectare property near Market! Market! in Bonifacio Global City by 2027, putting a potentially P40-billion site on the market for a major mixed-use development.

Ayala Land builds desalination plant for Lio Estate

Ayala Land Inc. is turning to seawater desalination to strengthen water security at Lio Estate in El Nido, Palawan, as the tourism and lifestyle destination prepares for further residential, commercial and hospitality development.

Federal Land uses Kaizen to reshape projects

Federal Land Inc. is bringing the Japanese principle of Kaizen, or continuous improvement, into its Philippine residential business as a long-term partnership with Japanese real estate and lifestyle companies moves from one project to a broader development strategy.

Cresendo draws factories, infrastructure to Tarlac growth hub

Ayala Land Inc.’s 290-hectare Cresendo estate in Tarlac is moving closer to becoming a full-scale industrial and urban center, with most industrial lots leased and major road, school, and commercial projects advancing alongside factory development.

Environment

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Technology

Globe builds digital, AI capabilities in growth boost drive across ASEAN

Globe is expanding digital and artificial intelligence infrastructure to support Philippine businesses expanding regionally and foreign firms entering the local market, aligned with the ASEAN Digital Economy Framework Agreement concluded May 2026.

DICT unveils AI-powered upgrade for eGovPH super app

The Department of Information and Communications Technology (DICT) has officially launched eGovAI, bringing artificial intelligence capabilities into the eGovPH Super App as the government moves faster to advance digitalization, streamline procedures, and upgrade public service delivery.

Cosma Institute champions personalized approach to healthy aging

Cosma Institute is promoting a more personalized approach to healthy aging, calling for a shift in aesthetic medicine away from conventional “anti-aging” treatments and toward strategies that account for how an individual’s entire face changes over time.

Cebu Pacific cuts processing times using AI-powered workflows

Cebu Pacific is cutting processing times across legal, engineering and project management functions as its artificial intelligence initiative with Thinking Machines Data Science and OpenAI delivers measurable productivity gains across the airline.

Health & Science

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Opinion

We have basketball at home

Filipinos have never really needed an invitation to love basketball. Give us a hoop, a ball, and approximately four square meters of concrete and we will figure out the rest. There is no requirement for proper flooring, air-conditioning, seating, parking, or even a complete understanding of the rules. Someone will keep score. Someone will call a phantom foul. Someone will bend the rules to ridiculous proportions in plain sight. So when the National Basketball Association brought basketball to the Philippines once again, nobody complained. After all, Filipinos have been quite willing to make room for basketball for decades. We simply cleared a little more space.

Fed moves in Washington, Filipino wallets feel the pinch

When the US Federal Reserve, the world’s most influential central bank, moves interest rates, Manila can feel the ripple, even 8,500 miles away. The effects do not arrive all at once, and they do not affect everyone in the same way. But eventually, they can show up in the mortgage, car loan, credit card bill, and even the grocery budget.

The great Philippine parking expedition

There are two kinds of Filipino motorists: those looking for a parking space and those who have already found one and are determined not to tell you where it is. Parking has become one of the more demanding sports in modern Philippine life. It requires patience, spatial awareness, quick reflexes, and, occasionally, the ability to stare at another motorist for several seconds without saying anything that could get you into trouble.

When 16 becomes a constitutional question

A Constitution is not a calculator. Yet when constitutional questions become uncomfortable, there is always a temptation to reach for one.

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.