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Foreign exchange buffer dips to $100 billion as gold prices and debt payments weigh down reserves 

The country’s cushion against global financial instability narrowed at the end of September 2026, with the nation's foreign exchange reserves slipping to $100 billion.

News Dispatch

Agriculture

US, PH rice groups sign MOU to reopen trade line, secure steady supply

Representatives from the USA Rice Federation and the Philippine Rice Industry Stakeholders Movement, or PRISM, have signed a memorandum of understanding in Manila to reopen and expand American rice trade to the Philippines, reviving a long-standing commercial partnership that officials say will strengthen food security and open new market opportunities for both nations. The agreement was concluded Wednesday alongside the International World Rice Conference, with details released publicly Thursday.

DA in talks with DALI Grocery to open bigger, direct markets for Filipino farmers

The Department of Agriculture is exploring a partnership with DALI Everyday Grocery that would give local farmers steady, expanding direct sales channels and boost contract farming opportunities for cooperatives and producer groups.

Rice imports set to exceed 5 million MT, surpassing 2024 record

The Department of Agriculture confirmed that rice imports are on track to surpass 5 million metric tons this year, a figure that would exceed the previous all-time high of 4.81 million MT recorded in 2024.

Meralco, BTCI launch talent farm program to train next-generation energy workforce 

The Manila Electric Co. (Meralco) has joined forces with Banahaw Technological College Inc. (BTCI) through a newly signed agreement designed to prepare students for real-world careers in the energy sector through a specialized talent farm program.

Corporate

SSS names Limlingan to First Philippine Holdings board

The Social Security Commission has designated Commissioner Victor Alfonso...

Recognition fuels career growth, retention at Foundever Philippines

Employee recognition does far more than celebrate success. When crafted to honor every stage of a professional journey, it deepens engagement, makes growth visible, and inspires people to reach for what comes next.

Figaro seeks PSE delisting in tender offer

Figaro Culinary Group Inc. is heading toward a possible exit from the Philippine Stock Exchange as controlling shareholder Figaro Coffee Systems Inc. moves to acquire shares it does not already own at P0.82 each.

Tau Omega Mu to hold CamSur free medical, vet clinics Oct. 24-25 

The Tau Omega Mu Fraternity and Ladies Circle (TOM), in coordination with partner healthcare professionals, local government units, and civic organizations, will hold a series of free medical and veterinary clinics in the towns of Siruma, Pili, and Tigaon in Camarines Sur from Oct. 24 to 25, 2026.

Banking & Insurance

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Corporate Bulletins

SSS names Limlingan to First Philippine Holdings board

The Social Security Commission has designated Commissioner Victor Alfonso...

Recognition fuels career growth, retention at Foundever Philippines

Employee recognition does far more than celebrate success. When crafted to honor every stage of a professional journey, it deepens engagement, makes growth visible, and inspires people to reach for what comes next.

AboitizPower earns ASEAN recognition for energy sector contributions

Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.

St. Luke’s named Southeast Asia’s third WGO center

St. Luke’s Medical Center-Global City has been designated a World Gastroenterology Organisation (WGO) Training Center, becoming only the third facility of its kind in Southeast Asia and expanding the Philippines’ capacity to train specialists in advanced digestive and liver care.

Social Responsibility & Sustainability

Tau Omega Mu to hold CamSur free medical, vet clinics Oct. 24-25 

The Tau Omega Mu Fraternity and Ladies Circle (TOM), in coordination with partner healthcare professionals, local government units, and civic organizations, will hold a series of free medical and veterinary clinics in the towns of Siruma, Pili, and Tigaon in Camarines Sur from Oct. 24 to 25, 2026.

Globe, Taguig train seniors on digital safety amid rising cyber fraud

The program responds directly to growing cyber risks targeting older Filipinos. CICC data shows consumer fraud was the top complaint among seniors in 2025, with this group uniquely vulnerable to phishing, smishing, investment scams, “budol” tactics, romance fraud, and deceptive offers.

Lifesaver on Wheels: LG turns over ₱1.6-M ambulance to Laguna upland village

Barangay Galalan in Pangil, Laguna, finally has its own ambulance through LG Electronics Philippines’ “Life Saver on Wheels” project, ending years of relying on makeshift transport for emergencies.

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Markets

GCash shares start as few as 100 shares or only P660 for retail investors

Mynt Inc., GCash’s operator, lets the public buy shares for as low as 100 shares — just P660 at P6.60 apiece — far lower than the usual 1,000-share minimum for small investors.

Depressed valuations could drive Philippine stocks higher

Philippine equities may be approaching a potential re-rating as depressed valuations increasingly reflect concerns over elevated borrowing costs, peso weakness and a fragile domestic macroeconomic backdrop. With the broader market trading at roughly eight times earnings, valuations suggest investors are pricing in substantial pessimism, creating room for upside if economic conditions stabilize and confidence improves.

PSEi, peso pressure builds ahead of inflation

Philippine markets enter Monday under renewed pressure, with the PSEi vulnerable to a test of 5,500 and the peso hovering near P63 to the dollar as investors await September inflation and reassess the outlook for monetary policy.

Peso, stocks brace for volatile week ahead

The peso and Philippine equities enter Monday facing another potentially volatile week as investors weigh persistent inflation pressures, softer growth prospects and expectations of further monetary tightening.

Travel

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Energy

ERC maps 5-year push toward household power choice

The Energy Regulatory Commission (ERC) is laying the groundwork for a major expansion of consumer choice in the Philippine electricity market, with household customers potentially able to choose their power supplier by 2031.

Meralco balances energy security with clean transition

Manila Electric Co., the country’s largest power distributor by sales with a renewable energy portfolio, is betting that the Philippines’ energy transition will require more than a rapid shift to renewables—it will demand a careful balancing act between decarbonization, power reliability, and affordability.

SMC unit redeploys capital via Meralco stake sale, shifts focus to renewables

San Miguel Global Power Holdings Corp. (SMGP) is unlocking value from its long-held Meralco minority stake, selling the shares to Metro Pacific Investments Corp. (MPIC) to free up capital for renewable energy projects and align resources with businesses where it holds direct operating control.

Anya Resort Tagaytay goes fully renewable, partners with First Gen for geothermal power

Award-winning luxury property Anya Resort Tagaytay has switched entirely to renewable energy, sealing a deal with First Gen Group to power its entire estate with clean geothermal supply as it marks its ninth year of operation.

Transport & Communications

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Property

Metro Manila office demand eases in Q3; tenants shift to knowledge, health sectors

Prime Philippines reports office demand softened slightly in the third quarter, with total space rented edging down to 53,200 square meters from 53,300 square meters in the previous three months.

Mall developers pivot to upgrades as shopping habits evolve

Philippine mall developers are easing off rapid expansion and putting more capital into redevelopments, upgrades and premium lifestyle concepts as changing consumer preferences reshape the retail landscape.

Condo redevelopment bill to unlock urban renewal, revive Makati market — LPC

A Senate bill that lowers approval requirements for condominium redevelopment could breathe new life into older residential properties and kickstart urban renewal, especially in Makati’s central business district, according to Leechiu Property Consultants (LPC).

Robinsons Land joins Pag-IBIG drive for affordable homes

Robinsons Land Corporation (RLC) has joined Pag-IBIG Fund’s growing network of private developers backing the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, giving Filipino workers more housing options they can finance through affordable Pag-IBIG loans.

Environment

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Technology

Maya: Use in-app tools – protect your money now

Maya urges all customers to use its built-in security controls to safeguard accounts and transactions.

DICT Chief Henry Aguda stays focused on mandate amid resignation reports

Department of Information and Communications Technology (DICT) Secretary Henry Aguda reaffirmed his commitment to his post on Wednesday, saying that he remains focused on executing his official duties despite lingering reports about his supposed resignation.

GCash challenges young innovators to solve MSME needs

GCash is turning to young Filipino innovators for technology-driven ideas aimed at helping micro, small and medium enterprises (MSMEs) tackle financing and operational challenges as digital financial services expand their role in the small-business economy.

World Bank: AI boom drives East Asia and Pacific growth, but high energy costs and adoption gaps pose risks 

A worldwide surge in artificial intelligence technology is giving a major boost to economies across the East Asia and Pacific region, including developing manufacturing hubs like the Philippines, according to the World Bank’s latest regional economic update released Tuesday.

Health & Science

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Opinion

The money dances tinikling

Now you see the money. Now you don’t. And if Senator-Judge Vicente “Tito” Sotto III has the metaphor right, the money does not exactly disappear. It dances.

Half-a-billion time deposit math does not quite add up

Sometimes, a little arithmetic can do what a long argument cannot. It can puncture a rather large financial assumption.

The nation’s new favorite

There is a moment when a Filipino athlete stops being a promising competitor and becomes a national event. It usually begins with a victory, especially an unexpected one, and proceeds at a speed that would put the most frenetic fastbreak in basketball to shame.

Santissima Trinidad! The price of money

Not so long ago, my P100 got me a full meal, a movie ticket and a jeepney ride home. Today I showed one to the barista and all I got was a sympathetic nod and a small glass of service water.

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.