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Shell recognition boosts Philippines’ global talent edge in business

Shell Business Operations (SBO) Manila has been named one of Everest Group's Top Global Business Services (GBS) Employers for 2026, reinforcing the Philippines' growing reputation as a premier destination for high-value business services and globally competitive talent.

News Dispatch

Agriculture

PMFTC remains top local tobacco buyer for third straight year

PMFTC Inc., the Philippine unit of Philip Morris International, has maintained its position as the country’s leading purchaser of locally grown tobacco leaves for three consecutive years.

DA tightens rules on blue crab harvest for sustainability, export compliance

The Department of Agriculture, through the Bureau of Fisheries and Aquatic Resources, has issued stricter regulations for the country’s blue swimming crab or alimasag fishery under Fisheries Administrative Order No. 277.

P96.7-M ice plant at Bulan fish port set to boost Bicol fisheries

The Department of Agriculture (DA) has announced the construction of a P96.7 million ice plant at the Bulan Fish Port Complex in Sorsogon, designed to lift production and incomes across the Bicol Region’s fisheries sector. Unveiled in a statement on Monday, the facility can produce 60 metric tons of ice daily and store up to 120 metric tons, aimed at keeping catch fresh, cutting post-harvest waste, and strengthening the entire fisheries value chain.

Police bust illegal fertilizer plant in Nueva Ecija, seize P900,000 goods

Law enforcers dismantled an unregistered fertilizer manufacturing facility in Barangay Sta. Monica, Rizal, Nueva Ecija in a joint raid on July 15. They seized 500 bags of fake fertilizer, 21 granulator machines and several trucks valued at about P900,000.

Corporate

Food banking seen boosting Philippines’ disaster preparedness, resilience

As stronger typhoons and other climate-related disasters threaten food security, Rise Against Hunger Philippines (RAHP) is pushing for a stronger nationwide food banking system, saying it can help communities recover faster while reducing hunger and food waste.

GSIS boosts Megawide stake with share purchase

The Government Service Insurance System (GSIS) has emerged as one of Megawide Construction Corp.'s biggest local institutional investors after raising its stake to 9.5 percent, a move that signals growing confidence in the engineering firm's infrastructure pipeline and long-term growth prospects.

PSE updates index inclusion rules to match global norms

The Philippine Stock Exchange (PSE) has announced major updates to its criteria for companies joining the 30-member benchmark index, introducing a new market capitalization threshold and revised liquidity rules ahead of the February 2027 rebalancing period.

JCB marks 30 years in Philippines, joins 70th PH-Japan friendship commemoration

The Philippines and Japan established formal diplomatic ties in 1956, building a longstanding partnership centered on friendship, economic cooperation, and cultural exchange.

Banking & Insurance

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Corporate Bulletins

McDonald’s PH partners with COREnergy to power 36 Visayas stores, cut costs and boost renewable use

McDonald’s Philippines has selected COREnergy, the retail electricity supply unit of Vivant Energy, to help its Visayas locations join the country’s Retail Aggregation Program and Retail Competition and Open Access scheme.

McDonald’s Philippines earns triple Tambuli honors for impact

McDonald's Philippines marked its 45th anniversary with a clean sweep at the 20th Asia Pacific Tambuli Awards, highlighting how corporate success is increasingly measured not only by financial results but also by long-term contributions to society.

NQX Philippines named Top Employer Brand for third year in series 

NQX Philippines has been recognized as one of the country’s Best Employer Brands for 2026, marking its third consecutive win of the award. Endorsed by CHRO Asia, the honor acknowledges the firm’s strong human resources practices and people-focused workplace culture.

EastWest Horizons Club offers cash rebates for new members 

EastWest Bank is launching a special promotion to reward Filipinos growing their savings and building their wealth, making their next financial step even more beneficial. Running from June 1 to July 31, 2026, the Horizons Welcome Rewards Promo gives cash rebates to new customers who join the EastWest Horizons Club and place funds in qualified deposit accounts.

Social Responsibility & Sustainability

Food banking seen boosting Philippines’ disaster preparedness, resilience

As stronger typhoons and other climate-related disasters threaten food security, Rise Against Hunger Philippines (RAHP) is pushing for a stronger nationwide food banking system, saying it can help communities recover faster while reducing hunger and food waste.

Converge launches youth tech program to close digital skills gap

Converge ICT Solutions Inc. has launched a new initiative to equip underserved Filipino youth with technology skills, as the country pushes forward with digital transformation.

Jollibee Danao plant earns landmark green building certification 

The Jollibee Group has set a new benchmark for sustainable manufacturing after its Danao Commissary in Cebu became the first manufacturing facility in the Philippines to receive LEED certification for Interior Design and Construction (ID+C), signaling that industrial plants can pursue ambitious environmental goals without sacrificing operational efficiency.

Palawan children to get better early learning support under new partnership program

More than 1,500 young children in El Nido will benefit from a new early education initiative called CENTEX Early Grades, launched through cooperation between the El Nido local government, DepEd Palawan, Palawan State University, and Ayala Foundation.

Markets

PSEi rally gains steam as stable peso lifts outlook

The stock market could be entering a stronger recovery phase after the Philippine Stock Exchange index (PSEi) broke through key resistance levels, with a stable peso adding to optimism that local equities can sustain their recent gains despite inflation concerns and geopolitical risks.

Netflix stocks slide after weak revenue outlook spooks

Netflix shares tumbled 7.3 percent on Friday after the streaming giant issued a third-quarter revenue forecast that fell short of Wall Street expectations, overshadowing another quarter of solid earnings and steady subscriber engagement.

Philippine IPO revival hinges on reforms, blockbuster listings

The Philippine initial public offering (IPO) market remained on the sidelines in the first half of 2026, but upcoming regulatory reforms and a pipeline of marquee listings could set the stage for a long-awaited rebound in the country's capital markets.

Earnings season tests market amid rate concerns

Philippine shares are expected to trade cautiously in the coming weeks as the second-quarter earnings season begins, shifting investors' focus from recent market gains to whether corporate profits can withstand persistent inflation, the prospect of further monetary tightening, and rising geopolitical risks.

Travel

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Energy

Araneta City expands renewable energy partnership with First Gen

Araneta City Inc., the developer behind the 35-hectare Araneta City complex in Cubao, Quezon City, has signed new agreements with leading renewable energy producer First Gen Group to power more of its properties with clean energy.

Consultations set for Negros Oriental geothermal expansion

Public consultation for the proposed 13.5-megawatt expansion of the Palinpinon 1 geothermal facility in Valencia, Negros Oriental will be held on August 13, 2026, the Department of Environment and Natural Resources’ Environmental Management Bureau announced.

Berde lands major solar, battery supply partnership deal

Berde Renewables has secured a major clean energy supply agreement that will strengthen its renewable energy pipeline in the Philippines and Thailand, signing a three-year partnership for 200 megawatts (MW) of solar inverters and 500 megawatt-hours (MWh) of battery energy storage systems.

ASEAN warns Middle East conflict threatens regional business stability

ASEAN foreign ministers have warned that escalating tensions in the Middle East could disrupt trade, push up energy costs and strain regional supply chains, raising fresh concerns for businesses already navigating an uncertain global economy.

Transport & Communications

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Property

Manila emerges as world’s second prime housing market

Manila has emerged as the world’s second-fastest growing prime residential market, underscoring the Philippine property sector’s resilience despite geopolitical tensions, elevated inflation and a slowdown in new project launches.

Megaworld channels MREIT share-sale proceeds into township expansion

Property giant Megaworld Corp., the real estate arm of billionaire Andrew Tan, plans to reinvest more than P661 million raised from recent sales of shares in its listed real estate investment trust, MREIT Inc., into expanding key township projects, underscoring its strategy of recycling capital to fund growth.

GSIS awards land titles to Baguio, Benguet workers under national housing program

The Government Service Insurance System (GSIS) has turned over land titles to three government employees in Baguio City and Benguet, moving forward with President Ferdinand R. Marcos Jr.’s directive to expand affordable homeownership under the Pambansang Pabahay para sa Pilipino (4PH) Program.

Parklinks Mall opening to boost eastern Metro Manila growth

The opening of Parklinks Mall in 2027 is set to accelerate the next phase of growth for Parklinks, the 35-hectare mixed-use estate jointly developed by Ayala Land Inc. and Eton Properties that spans Pasig and Quezon City.

Environment

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Technology

BIR, tech alliance tighten tax rules for online sellers

The Bureau of Internal Revenue (BIR) is deepening its partnership with the Alliance of Tech Innovators for the Nation (ATIN) to boost tax compliance among online sellers, combining taxpayer education with tougher enforcement as the country's digital economy continues to expand.

Globe positions connectivity as essential fifth utility amid rising digital reliance in PH

Connectivity has grown to match the importance of traditional utilities such as water, electricity and transportation in supporting daily life and economic progress across the Philippines, according to Globe.

DICT seeks P2.7B 2027 budget to expand eGov programs and super app

The Department of Information and Communications Technology (DICT) is asking for an estimated P2.7 billion budget for next year to sustain and further develop the government’s e-Government initiatives, including upgrades to cloud infrastructure, stronger cybersecurity, better system integration, and continued work on the eGov Super App.

Tokai Electronics expands Batangas hub for supply chain

Tokai Electronics Philippines Inc. is expanding its warehousing operations in Batangas after signing a supplemental agreement with the Philippine Economic Zone Authority (PEZA), reinforcing its logistics network as demand from the country's electronics and semiconductor manufacturers continues to grow.

Health & Science

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Opinion

Trust ratings aren’t get-out-of-jail cards

If trust ratings could acquit public officials, we might as well save everyone the trouble.

VP Duterte impeachment keeps Senate cards hidden

Monday's biggest vote in the impeachment trial of Vice President Sara Duterte turned out to be the one the public never saw.

Philippine sports thrive when benefactors build champions

Every championship has its stars. Some also have a benefactor—the godfather who reaches for a checkbook instead of a spotlight.

Childhood shouldn’t come with a timecard or paycheck

The latest child labor figures offer good news wrapped in bad news.

Sports & Entertainment

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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.