Monday, 15 September 2025, 3:38 pm

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    Cumulative remittances near $20B as of July

    Cash remittances sent by overseas Filipinos (OFs) continued to post steady growth in July 2025, with inflows rising 3 percent year-on-year to US$3.18 billion, up from US$3.08 billion in July 2024, according to the Bangko Sentral ng Pilipinas (BSP).

    News Dispatch

    Agriculture

    Tiu Laurel pushes for full agri budget

    Agriculture Secretary Francisco P. Tiu Laurel Jr. on Monday urged the House of Representatives to approve in full the Department of Agriculture’s proposed ₱176.7-billion budget for 2026, calling it a “critical investment” in the country’s future and long-overdue support for farmers and fisherfolk.

    P20 rice reaches 57K transport workers

    The Marcos Jr. administration has expanded its flagship affordable rice initiative to the transport sector, with over 57,000 public transport workers now set to benefit from P20 per kilo rice under the “Benteng Bigas, Meron Na!” program.

    PH backs BBNJ Treaty ratification drive

    The Philippines is intensifying efforts to ratify the High Seas Treaty, officially known as the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ), with the Department of Agriculture backing the Department of Foreign Affairs' campaign for Senate concurrence.

    PBBM marks birthday with nationwide P20 rice

    In celebration of the 68th birthday of President Ferdinand Marcos Jr. today, the government is rolling out a special, one-day offering of P20 per kilo rice through his flagship food security initiative, “Benteng Bigas, Meron Na!” (BBM Na!), potentially benefitting more than 350,00 Filipinos.

    Corporate

    From pit to paradise: OceanaGold redefines mine rehabilitation with “HiD Effect” 

    By blending tradition with bold innovation, OceanaGold (Philippines) Inc. is proving that mining and nature cannot only coexist—they can harmonize.

    Employee-centric strategy earns lender top HR honors

    Security Bank has received multiple accolades for its employee-first approach and successful HR transformation initiatives.

    Filinvest expands renewable energy shift with ERC recognition

    The Energy Regulatory Commission (ERC) has recognized the Filinvest Group for leading the adoption of government’s power aggregation program, following the ceremonial switching of 11 Filinvest facilities to renewable energy in Alabang.

    AEV backs landmark Coca-Cola Plant in Tarlac

    Aboitiz Equity Ventures Inc. (AEV), a major shareholder in Coca-Cola Europacific Aboitiz Philippines (CCEAP), has marked a significant milestone with the groundbreaking of CCEAP’s new 42-hectare manufacturing facility at TARI Estate in Tarlac City—one of the largest Coca-Cola plants globally and among its most substantial infrastructure investments to date.

    Banking & Insurance

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    Corporate Bulletins

    Employee-centric strategy earns lender top HR honors

    Security Bank has received multiple accolades for its employee-first approach and successful HR transformation initiatives.

    AEV backs landmark Coca-Cola Plant in Tarlac

    Aboitiz Equity Ventures Inc. (AEV), a major shareholder in Coca-Cola Europacific Aboitiz Philippines (CCEAP), has marked a significant milestone with the groundbreaking of CCEAP’s new 42-hectare manufacturing facility at TARI Estate in Tarlac City—one of the largest Coca-Cola plants globally and among its most substantial infrastructure investments to date.

    FPIP named major economic driver in Batangas

    The Lopez-led First Philippine Industrial Park (FPIP) and 12 of its locators have been recognized as top contributors to local taxes and employment in 2024, underscoring their key role in driving economic growth in Santo Tomas City.

    SM Investments lauded for sustainability in TIME, Statista list

    SM Investments Corp., the flagship holding company of the SM Group, has again been named to TIME and Statista’s “World’s Best Companies 2025”list, recognized for its strong performance in sustainability, financial growth, and employee satisfaction.

    Social Responsibility & Sustainability

    From pit to paradise: OceanaGold redefines mine rehabilitation with “HiD Effect” 

    By blending tradition with bold innovation, OceanaGold (Philippines) Inc. is proving that mining and nature cannot only coexist—they can harmonize.

    JICA lawmakers tour NGO project supporting Filipino youth

    A delegation from the Japan International Cooperation Agency (JICA) Parliamentary League, led by Chairperson Ms. Obuchi Yuko, visited Tanza Elementary School in Navotas City to observe the community-based activities of the Japanese nonprofit organization (NPO) Action.

    Jollibee Group Foundation hosts capacity-building workshop for farmer program partners

    The Jollibee Group Foundation (JGF), the social development arm of the Jollibee Group, recently convened local implementing partners of its Farmer Entrepreneurship Program (FEP) for a three-day capacity-building workshop aimed at strengthening support for farmer groups.

    SM TESDA scale up jobs and skills initiative

    SM Investments Corp. is scaling up its Jobs Opportunities Building Skills (J.O.B.S.) program by integrating TESDA-accredited skills training into its nationwide job fairs.

    Markets

    Treasury bill yields slip further in auction on easing outlook 

    Average rates of Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ recent policy rate cut and growing expectations of monetary easing by the U.S. Federal Reserve.

    SEC Clarifies Exempt Securities Rules

    The Securities and Exchange Commission (SEC) has issued a key clarification on exempt transactions under the Securities Regulation Code (SRC), effectively reducing regulatory friction for issuers in the capital markets.

    PSEi seen growing up to 5% by year-end – BDO Capital

    The Philippine Stock Exchange index (PSEi) is expected to post modest gains of just 3 percent to 5 percent by year-end from its current level of 6,100, largely driven by the seasonal Christmas spending surge, according to Eduardo Francisco, president of BDO Capital and Investment Corp.

    Wall Street end at new highs as indicators suggest Fed rate cut

    U.S. stocks closed at record highs Tuesday as investors looked ahead to key inflation reports that could shape the Federal Reserve's next policy move.

    Travel

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    Energy

    Unilever powers PH sites with 100% geothermal energy

    Unilever Philippines has renewed its partnership with First Gen Corp., the country’s leading renewable energy (RE) producer, to power seven of its production and distribution sites with approximately 10 megawatts of geothermal energy.

    Filinvest expands renewable energy shift with ERC recognition

    The Energy Regulatory Commission (ERC) has recognized the Filinvest Group for leading the adoption of government’s power aggregation program, following the ceremonial switching of 11 Filinvest facilities to renewable energy in Alabang.

    Aboitiz signs P7.4B deal for Olongapo solar project

    Aboitiz Renewables Inc., through its wholly-owned subsidiary AP Renewable...

    Meralco rate down in September on lower generation costs

    The Manila Electric Co., the country’s largest power distributor that serves Metro Manila and parts of neighboring provinces, said Wednesday that power rate in September will be lower by P0.1852 per kiloWatt-hour due largely to lower generation costs.

    Transport & Communications

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    Property

    Megaworld expands retail footprint 

    Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is accelerating the expansion of its retail and commercial portfolio, adding over 30,000 square meters of new space this year through its retail arm, Megaworld Lifestyle Malls. 

    Robinsons Offices expands footprint in Davao

    Robinsons Land Corp., through its office development arm Robinsons Offices, is set to transform Davao City’s business landscape with a new world-class office tower along JP Laurel Street. 

    LFM Properties plans P1B stock rights offer

    Listed real estate developer LFM Properties Inc. is planning to raise at least P1 billion through a stock rights offering as it gears up for expansion.

    Partnership brings easier home loans for TLDC buyers

    Torre Lorenzo Development Corp. (TLDC), a leading developer of premium university residences in the Philippines, has partnered with Security Bank Corp. to offer expanded home financing options for property buyers.

    Environment

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    Technology

    Creative economy may take hit from online piracy — Globe

    Globe Telecom Inc, the financial technology and telecom unit of the Ayala Group, has warned that online piracy could undermine the growth of the Philippine creative industry, which the Department of Trade and Industry expects to contribute up to P2 trillion to gross domestic product this year.

    Oracle soars on AI, multi-Cloud boom

    Oracle Corp., the internationally-recognized information technology company, delivered strong fiscal first-quarter results and a bullish outlook, driven by accelerating demand for its multi-cloud infrastructure amid a global artificial intelligence (AI) boom.

    Kaspersky Premium for Windows earns AV-Comparatives ‘Approved’ Certification for 2025

    Kaspersky Premium for Windows has been awarded the 2025 “Approved” certification from leading independent testing lab AV-Comparatives, recognizing its strong anti-phishing performance.

    Musk sues Apple, OpenAI over alleged antitrust violations 

    X Corp. and xAI, two companies of billionaire Elon Musk, have filed a lawsuit in the Texas federal court that accuses Apple Inc. and OpenAI of engaging in anticompetitive practices that allegedly violate U.S. antitrust laws and stifle innovation in the artificial intelligence and mobile app markets.

    Health & Science

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    Opinion

    Duty, drugs, dismissal

    It was a sight to behold: billions of pesos worth of seized drugs, sealed in plastic, and under heavy security fed into a roaring industrial incinerator. President Ferdinand Marcos Jr. stood by, face mask on, watching calmly, almost dispassionately.

    A Promise the Nation Can’t Comprehend

    For years, the Philippines has looked ahead with optimism, banking on its so-called “demographic sweet spot.” With around two-thirds of the population between the ages of 15 and 65, the country seemed poised for rapid economic growth—a young, able-bodied workforce ready to fuel productivity and progress.

    Vote smart or pay the price

    You can feel it in the air, even if no one says it out loud. The world is tilting, and tension is building between countries that no longer trust each other. The US and China—two giants locked in a stare-down—are turning tariffs into weapons. Everyone knows what comes next: slower global growth, just when the world is finally getting back on its feet after the pandemic.

    The Duterte Arrest: A Complicated Affair of Sovereignty and Justice

    Here we are again, watching the political drama unfold with the arrest of former President Rodrigo Duterte. It’s strange how something that’s supposed to be about justice often turns into a series of complex, tangled arguments, full of political posturing and personal pride.

    Sports & Entertainment

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    Exclusive

    Boeing deepens strategy cuts as operations take center-stage – sources

    Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, people familiar with the matter said.

    Maynilad may consider sourcing water from Manila Bay if desalination cost eases to affordable levels

    Maynilad Water Services Inc., the water utility of Metro Pacific Investment Corp., may consider Manila Bay as source of potable water for its concession area in Metropolitan Manila and nearby towns if the cost of desalination comes down or large consumers such as factories start extracting water from the salt-water bay for their needs.

    Converge mulls sale-leaseback deal for fiber network, plans dividend payout

    With the aggressive fiber network rollout behind it, Converge...

    Converge’s Dennis Anthony Uy Plans $1 Billion “Silicon Valley” Project In Pampanga

    Dennis Anthony Uy, co-founder of publicly listed Converge ICT,...