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Philippine reserves ease to USD103.3B in July

The Philippines’ gross international reserves (GIR) fell to USD103.3 billion at the end of July from USD104.7 billion a month earlier, while the country posted a USD1.5-billion balance of payments (BOP) deficit, reflecting continued pressure from external transactions.

News Dispatch

Agriculture

DA highlights sugar technologists’ role in industry growth

Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. recognized the Philippine Sugar Technologists Association (PhilSuTech) as a vital partner in driving science-backed growth, higher incomes, and resilience for the country’s sugarcane industry.

Habagat, TCs Luis & Maymay damage to agriculture sector reaches P1.42B

The Department of Agriculture (DA) reported a P1.42 billion damage to the agriculture sector due to the enhanced southwest monsoon (Habagat) and Tropical Cyclones Luis and Maymay, as of August 17. This figure rose from P1.03 billion earlier that day.

DA moves  to cut Benguet veggie losses amid rains

The Department of Agriculture (DA) and its Cordillera (DA-CAR) office are stepping in to protect harvests and reduce farmer losses as persistent rains damage crops and disrupt Benguet vegetable trading.

DA backs new national ube association to boost industry, exports

The Department of Agriculture (DA) has welcomed the creation of United Ube PH Association Inc., a unified national group aiming to strengthen and expand the Philippine ube industry. Formed following a July meeting convened by Agriculture Secretary Francis Tiu Laurel Jr., the organization secured official registration with the Securities and Exchange Commission this month as a non-stock, non-profit entity. It unites farmers, cooperatives, processors, traders, exporters, researchers, and government representatives across Luzon, Visayas, and Mindanao.

Corporate

Cirtek swings to loss as Quintel sale weighs

Listed semiconductor company Cirtek Holdings Philippines Corp. swung to a USD2.8 million net loss in the first half of 2026, from a USD1.1 million profit a year earlier, as a one-time write-off tied to the disposal of its Quintel business compounded higher costs and operating expenses.

JJ Ibarreta named communications director at DM&A Co.

Dugenia, Marayan & Associates Co. (DM&A Co.) has appointed John “JJ” Ibarreta as Communications Director, strengthening its leadership team as a digital-first integrated communications agency.

Doris Magsaysay-Ho first woman to win 2026 RVR Nation Building Award

Doris Magsaysay-Ho, president and CEO of A. Magsaysay Inc., is the 2026 Ramon V. del Rosario Nation Building Award recipient — the first woman to earn the honor.

CIAC turns over 250 ChariTimba food packs to aid flood-hit Pampanga families

Clark International Airport Corp. (CIAC) provided relief to flood-affected families in Pampanga on Tuesday, turning over 250 ChariTimba food packs to the Social Action Center of Pampanga, Inc. (SACOP).

Banking & Insurance

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Corporate Bulletins

JJ Ibarreta named communications director at DM&A Co.

Dugenia, Marayan & Associates Co. (DM&A Co.) has appointed John “JJ” Ibarreta as Communications Director, strengthening its leadership team as a digital-first integrated communications agency.

Jollibee’s Tim Ho Wan realigns North America, Japan ties with WDI to accelerate expansion

Jollibee Foods Corp. (JFC) said its wholly owned dim sum brand Tim Ho Wan has reached definitive agreements to restructure its joint venture with Japan’s WDI across North America and Japan, giving Tim Ho Wan full control of its priority North American platform while WDI takes full charge of Japan operations.

Batanes fisherfolk gain financial literacy, open bank accounts via Fish N’ LEarn program

Over 50 fisherfolk representing all six municipalities of Batanes have completed the Fish N' LEarn financial education program, acquiring practical skills in budgeting, savings, debt management, insurance, and financial planning through a joint initiative of BDO Foundation, the Bangko Sentral ng Pilipinas, and the Bureau of Fisheries and Aquatic Resources.

Smart Infinity launches PH’s first annual roaming wallet ROAM+

Smart Communications has upgraded its Infinity Plans with ROAM+, the Philippines’ first annual roaming wallet giving members year-round international connectivity.

Social Responsibility & Sustainability

CIAC turns over 250 ChariTimba food packs to aid flood-hit Pampanga families

Clark International Airport Corp. (CIAC) provided relief to flood-affected families in Pampanga on Tuesday, turning over 250 ChariTimba food packs to the Social Action Center of Pampanga, Inc. (SACOP).

Globe offers free roaming services in Indonesia after Flores Island quake

Following the magnitude 7.7 earthquake off Flores Island, Indonesia, Globe is extending free call, text, and data services to its customers in the country to support emergency communication. The quake caused widespread damage, landslides, power outages, and displacement, with rescue efforts still ongoing.

AmCham Philippines CSI Awards highlight sustainable business impact

Corporate social responsibility is moving beyond the occasional donation drive, with the American Chamber of Commerce of the Philippines (AmCham Philippines) using its 2026 Corporate Social Impact (CSI) Awards to spotlight programs that deliver measurable, sustainable benefits to communities.

McDonald’s expands crew training via employee creators

McDonald’s Philippines is expanding its Crew-ators employee creator program, giving restaurant crew members access to skills training, mentorship, and content creation opportunities beyond their regular roles.

Markets

Mega Sardines lands in 2,750 Kroger stores nationwide

Filipino canned sardines brand Mega Sardines has secured a major foothold in the US mainstream grocery market, entering at least 2,750 stores of supermarket giant Kroger as Mega Global Corp. accelerates its international expansion.

UNIQLO brings Filipino craftsmanship into everyday fashion

Filipino craftsmanship is getting a modern platform through UNIQLO’s Re.UNIQLO Studio, which has introduced Special Artisan Patches inspired by indigenous communities across Luzon, Visayas, and Mindanao.

7-Eleven Philippines targets 5,000 stores despite bottlenecks

7-Eleven Philippines is pressing ahead with its expansion toward more than 5,000 stores by year-end, even as permitting delays and power availability threaten to slow the pace of new openings.

Markets brace for pressure as rate risks persist

Philippine financial markets may remain trapped in a cautious trading environment as investors balance hopes of global monetary easing with stubborn domestic inflation, currency weakness, and geopolitical uncertainty.

Travel

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Energy

ERC extends GEA-All collection suspension until end-2026 to ease power costs

The Energy Regulatory Commission (ERC) announced Wednesday it has further extended the temporary suspension of Green Energy Auction Allowance (GEA-All) collections through the end of 2026, continuing relief for consumers amid ongoing economic pressures.

ERC to appeal CA ruling on Siquijor power firm, cites lapsed authority & ended deals

The Energy Regulatory Commission (ERC) will file a motion for reconsideration via the Office of the Solicitor General to reverse a Court of Appeals (CA) decision reinstating S.I. Power Corp. (Sipcor)’s authority to operate in Siquijor.

Negros Power bets P2.1B on CENECO-Primelectric partnership

Two years into the CENECO-Primelectric partnership, Negros Power has poured more than P1.2 billion into a P2.1-billion modernization program, putting to work a model that combines the local knowledge of an electric cooperative with the capital and management capabilities of a private-sector company.

New solvent trick boosts perovskite solar cells

Making the next generation of solar cells more efficient may come down to a surprisingly simple cleanup job.

Transport & Communications

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Property

Ayala Land starts turnover of Naga employee homes

BellaVita, the socialized housing arm of Ayala Land Inc., has started turning over homes to Naga City government employees under a program covering 1,011 units at BellaVita Naga in Barangay Pacol.

AREIT eyes October approval for P17.33B swap

AREIT Inc. is moving toward an October regulatory filing for its P17.33-billion property-for-share swap with Ayala Land Inc. and four subsidiaries, a transaction that will bring six shopping mall and hotel assets into the real estate investment trust’s portfolio and potentially strengthen recurring cash flow and dividends.

CLI clears regulatory hurdles for P25-billion project launches 

Cebu Landmasters Inc. is set to resume its project launch program in the second half of the year after addressing regulatory requirements that delayed several developments during the first six months.

RLC to more than double logistics footprint by 2030 

Robinsons Land Corp. (RLC) is positioning logistics as its next major growth engine, planning to more than double its industrial and warehouse footprint by 2030 as it seeks to deepen recurring income.

Environment

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Technology

Epson robotics expansion signals Philippines’ manufacturing shift

Epson Precision Philippines Inc. (EPPI) is expanding beyond its established precision printing operations into industrial robotics manufacturing, adding to the Philippines’ push to attract higher-value, technology-driven investments.

LG data factory powers next-gen robotics with NVIDIA partnership, launching full operations by 2026

LG Electronics is building a dedicated robotics training hub at its Yangjae R&D Campus in Seoul, set to become fully operational by the end of 2026. Known as the Data Factory, the four-floor facility spanning 10,000 square meters will serve as a central engine for advancing robot learning, combining LG’s decades of manufacturing and logistics expertise with NVIDIA’s cutting-edge robotics and artificial intelligence technologies.

ABS-CBN signals corporate turnaround with leaner operations and focus on content partnerships

Media conglomerate ABS-CBN Corp. is executing a fundamental corporate restructuring aimed at long-term financial viability, driven by aggressive cost reductions, strategic debt management, and a modernized content distribution model.

Globe data usage soars, solidifying mobile internet as essential utility 

Globe Telecom Inc. reported that over 39.6 million subscribers actively used mobile data during the first half of 2026.

Health & Science

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Opinion

Tighten gun laws after school shootings

The livestreamed shooting at a school affiliated with Ateneo de Zamboanga University should end the country’s familiar cycle of outrage, condolences, and calls for tighter security. It should instead trigger a harder look at how firearms are acquired, stored, and kept out of the hands of those who should never have them.

EDSA puts Dizon to the test

Public Works Secretary Vince Dizon spent much of the past year cultivating the image of a no-nonsense reformer determined to clean up one of government’s most corruption-tainted agencies.

Lawyers still owe decency in impeachment trial

Impeachment may be political. It may be bruising, theatrical, and occasionally combustible. But it is still a legal proceeding, and lawyers do not get a temporary exemption from good manners simply because the stakes are high.

When the cleanup starts costing growth

Even the best intentions can backfire.

Sports & Entertainment

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Exclusive

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.

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.