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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

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.

PSE raises minimum capital for stockbrokers in phased rollout

The Philippine Stock Exchange (PSE) is set to increase the minimum unimpaired paid-up capital required for its trading participants, or stockbrokers, to strengthen financial stability and keep pace with market changes and inflation.

BIR clears confusion over revised withholding tax rules

The Bureau of Internal Revenue (BIR) has issued fresh guidance to help businesses correctly apply revised creditable withholding tax (CWT) rules, ending months of uncertainty for thousands of large companies covered by the new regulations.

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.

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

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.

Aboitiz Foods wins regional sustainability campaign recognition award

Sustainability is often measured in numbers, but winning hearts is another matter. Aboitiz Foods has managed to do both.

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

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.

Gov’t asset sale policies to blame for most expensive power rate regime in ASEAN

Former legislator Carlos Isagani Zarate of Bayan Muna on Tuesday criticized the Marcos administration's continued reliance on energy privatization and market liberalization, pointing to recent government data showing that the Philippines now has the highest power rates in Southeast Asia. Zarate argued that the country's staggering electricity costs are the direct result of neoliberal policies, particularly the Electric Power Industry Reform Act, which he said dismantled state control and handed public energy resources over to private corporations.

Transport & Communications

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Property

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.

Ayala Land Premier shifts luxury living beyond residences 

Ayala Land Premier is responding to changing preferences in Manila's high-end residential market, where affluent buyers are placing greater value on integrated communities that combine homes with hospitality, wellness, retail and culture.

Century Properties keeps 20% dividend payout despite uncertainty 

Century Properties Group Inc. (CPG) is standing by its commitment to reward shareholders, declaring a P554.89-million cash dividend for 2026 while maintaining the higher 20 percent payout policy it adopted last year despite an uncertain business environment.

Environment

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Technology

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.

SEIPI seeks stronger power coordination to protect chipmakers

The country's largest electronics industry group is calling for closer coordination between government and the private sector to address recurring power disruptions in the Visayas, warning that unreliable electricity could erode the Philippines' competitiveness in the global semiconductor supply chain.

Health & Science

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Opinion

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.

Helen-Tito, Sarah-Matteo, Bea-Vincent

There was a time when lovers ran away from home because they feared their parents.

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.