Monday, 29 December 2025, 2:55 am

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    MSRP on import rice stays at P43/kilo for now

    Agriculture Secretary Francisco P. Tiu Laurel Jr. said the maximum suggested retail price (MSRP) for 5 percent broken imported rice will remain at P43 per kilo for now, while the government completes the procedure for a higher import tariff.

    News Dispatch

    Agriculture

    MSRP on import rice stays at P43/kilo for now

    Agriculture Secretary Francisco P. Tiu Laurel Jr. said the maximum suggested retail price (MSRP) for 5 percent broken imported rice will remain at P43 per kilo for now, while the government completes the procedure for a higher import tariff.

    DA probe shows Ilocos fertilizer controversy due to misuse 

    The Department of Agriculture said Wednesday that investigation conducted on reports in Region I of “insoluble and floating” fertilizer was caused by improper product application, not product defect, easing concern over the integrity of government-supplied inputs. 

    Audit spurs DA review of ill-funded goat breeding drive 

    Agriculture Secretary Francisco P. Tiu Laurel Jr. has ordered a comprehensive review of an ambitious goat breeding program launched under the Duterte administration but left chronically underfunded, after state auditors flagged widespread animal deaths linked to poor care. 

    Gov’t reviews plan to sell state-owned coconut chemicals plant

    The Department of Agriculture (DA) said the government is reviewing whether to proceed with the planned sale of United Coconut Chemicals Inc. (Cocochem), a state-owned coconut chemicals facility in Batangas, as global demand for coconut-based products rises.

    Corporate

    SEC adopts new sustainability reporting rules

    The Securities and Exchange Commission has adopted the Philippine Financial Reporting Standards (PFRS) on sustainability disclosures, aligning local reporting with international standards.

    GOMO rolls out all-in-one internet plans for Filipinos

    Digital telco brand GOMO has launched a new set of services designed to make staying connected simpler, more flexible, and more worry-free for Filipinos, especially during the holiday season. The announcements were made at the “GOMO! New Rules” event, where the brand highlighted its belief that people should be able to live, travel, and connect on their own terms.

    Joseph Sy quits Global Ferronickel board amid citizeship issue

    Global Ferronickel Holdings, Inc. (FNI) said Joseph Sy has resigned as director, effective immediately, citing personal reasons and the “best interests” of the company.

    AEV, GIP lock in P13.7B infrastructure bet

    Aboitiz Equity Ventures Inc. (AEV) and Global Infrastructure Partners (GIP), a unit of BlackRock, have sealed definitive agreements formalizing their strategic partnership in Aboitiz InfraCapital, Inc. (AIC), marking one of the largest recent foreign investments in Philippine infrastructure.

    Banking & Insurance

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    Corporate Bulletins

    GOMO rolls out all-in-one internet plans for Filipinos

    Digital telco brand GOMO has launched a new set of services designed to make staying connected simpler, more flexible, and more worry-free for Filipinos, especially during the holiday season. The announcements were made at the “GOMO! New Rules” event, where the brand highlighted its belief that people should be able to live, travel, and connect on their own terms.

    Globe AT HOME 5G WiFi now available on Shopee, Lazada, and GrabMart

    Globe AT HOME has launched its 5G Home Prepaid WiFi on major e-commerce platforms Shopee, Lazada, and GrabMart, making fast, fiber-like internet easier to buy and set up at home.

    Globe, Taguig City hold digital safety workshop for students

    Globe partnered with the Taguig City government to hold a Children’s Digital Safety Workshop in November, at the CDRRMO Training Plaza in Barangay Central Signal, aiming to help protect young people online.

    Home Credit to expand fun run in 2026

    Home Credit Philippines will hold a bigger edition of its Takbo Para sa Life fun run in 2026, following the strong turnout of its first event in February 2025.

    Social Responsibility & Sustainability

    SEC adopts new sustainability reporting rules

    The Securities and Exchange Commission has adopted the Philippine Financial Reporting Standards (PFRS) on sustainability disclosures, aligning local reporting with international standards.

    Foundever Philippines brings solar power to Aeta school in Zambales

    Foundever® in the Philippines donated solar panels and essential supplies to Judd Hendricks Memorial Aeta Integrated School in Zambales, supporting education and sustainability in an indigenous community.

    Toyota drives health access with Mobi-Care program

    Toyota Motor Philippines (TMP) Foundation is blending mobility and healthcare with the launch of Mobi-Care, a community initiative designed to strengthen basic health service delivery in Santa Rosa City and Batangas City.

    Lender scales up education, livelihood and sustainability initiatives

    Lender scales up education, livelihood and sustainability initiatives CSR Security Bank said it expanded its community, education, and sustainability programs across the country in 2025, reaching thousands of Filipinos through livelihood support, disaster response, education, culture, and green financing. The bank supported livelihoods by providing cacao seedlings and poultry kits to 40 farmers and solo parents in Aklan, mentoring 980 families in Cebu on small business and financial skills, and assisting 661 families affected by disasters in Cebu through food relief. Solar-powered streetlights were also installed in a remote community in Pampanga to improve safety and access to clean energy. Education remained a major focus. With the Security Bank Foundation, the bank donated 901 classrooms to 153 public schools nationwide, trained school leaders and teachers, supported more than 300 scholars, and provided free eye checkups and eyeglasses to 1,170 students. Security Bank also promoted culture and inclusion by supporting women leaders through the Bravo Empowered Women Awards, backing heritage events, and launching its first Paint for the Planet art competition, which drew more than 300 Filipino artists. On the environment, bank employees and partners planted 940 mangrove seedlings in La Union as part of a long-term goal to plant 10,000 mangroves to help protect coastal communities from climate risks. In sustainable finance, Security Bank exceeded its 2025 target by disbursing ₱99.4 billion in green and social loans. These funds helped provide clean water to 500,000 households, expand healthcare facilities with 544 beds and clinic rooms, and create livelihood opportunities for more than 400,000 people, mostly women. Security Bank said these milestones reflect its commitment to inclusive growth, environmental protection, and long-term community development across the Philippines.

    Markets

    DTI extends trustmark voluntary phase deadline

    Online sellers received a boost after the Department of Trade and Industry announced it will defer mandatory registration under the Philippine Trustmark program, extending the voluntary phase until December 31, 2026, from the earlier 2025 deadline.

    Patience pays off in smart trading

    Smartrade is trying to change the way Filipinos approach trading. Instead of chasing quick wins, the learning firm pushes beginners to study, practice, and respect the market.

    Nike finds its footing amid pressures

    NIKE Inc. posted mixed results for the second quarter of fiscal 2026, reporting revenues of USD12.4 billion and diluted earnings per share of USD0.53, as the sportswear giant pushed forward with its turnaround amid margin pressure and uneven demand.

    US inflation surprise spurs Wall Street rally

    U.S. stocks jumped Thursday after a long-delayed inflation report delivered a clear upside surprise, snapping Wall Street out of a four-session slide and reigniting hopes for interest-rate cuts.

    Travel

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    Energy

    PE2, Climate Change Commission plan joint push on energy efficiency

    The Philippine Energy Efficiency Alliance (PE2) and the Climate Change Commission (CCC) have met to discuss working together to help the Department of Energy promote energy efficiency as a key climate change strategy.

    DOE says Terra Solar’s first phase on track for early 2026 completion

    The Department of Energy (DOE) said the first 364 megawatts (MW) of the Terra Solar project is on track to be completed by the first quarter of 2026, following progress in its connection to the power grid.

    Fuel prices seen rising this week

    Fuel prices are expected to go up this week, mainly for diesel, according to industry and government officials.

    Ampotech plugs smart energy into Philippine ecozones

    Singapore-based energy technology firm Ampotech is making its Philippine debut with plans to deploy AI-driven energy and carbon management solutions across economic zones run by the Philippine Economic Zone Authority (PEZA).

    Transport & Communications

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    Property

    Human Settlements, BOI eye tax breaks for housing

    The Department of Human Settlements and Urban Development is weighing a joint policy study with the Department of Trade and Industry’s Board of Investments to determine whether economic housing can be classified as corporate income tax-exempt mass housing under Batas Pambansa Bilang 220.

    Home price growth cools in Q3, signaling softer housing demand

    Residential property prices in the Philippines rose at a much slower pace in the third quarter, pointing to easing demand and more cautious activity in the housing market, according to data from the Bangko Sentral ng Pilipinas (BSP).

    LFM buys Makati land for P1.1 billion

    LFM Properties Corp. said it has bought a 918-square meter parcel of land in Salcedo Village, Makati, for P1.1 billion, excluding value-added tax.

    Rockwell buys majority stake in Alabang Town Center for P21.6 billion

    Rockwell Land Corp., led by the Lopez group, has acquired a majority controlling stake in Alabang Town Center (ATC) for P21.6 billion.

    Environment

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    Technology

    Dado Banatao, 79, built Silicon Valley bridges  

    Diosdado “Dado” Banatao, the Filipino visionary whose intellect and determination left an indelible mark on Silicon Valley, passed away peacefully on December 25, 2025, at the age of 79, on the campus of his alma mater, Stanford University, surrounded by family and friends.

    Kaspersky warns of rising online scams during holiday season

    Kaspersky has warned Filipinos to be on alert for online scams as digital shopping and cashless payments increase during the holiday season in the Philippines.

    Executives look beyond traditional ERP in push for AI-driven investments

    Rimini Street said a new global survey shows senior business leaders are rethinking how they invest in technology, with a growing focus on artificial intelligence, automation and resilience.

    Couchbase launches AI services to help enterprises deploy agentic AI at scale

    Couchbase, Inc. has announced the general availability of Couchbase AI Services, a new set of tools designed to help enterprises build, deploy and manage agentic AI applications in production environments.

    Health & Science

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    Opinion

    Metals mania signals rate cut, USD doubts

    Metals are having a moment. And it is loud, shiny, and unapologetically macro. 

    Slow trading is radical in fast-money times

    The trading world has turned impatience into a business model. Scroll any social feed and you’ll see promises of instant wins, luxury lifestyles, and financial freedom on demand. Charts blink, testimonials shout, urgency sells—but thought rarely does. In this culture, patience is often seen as a liability rather than a virtue.

    All revved up, nowhere to go

    There is a familiar sound in Philippine policymaking: an engine idling in neutral. It is neither progress nor collapse, just the quiet waste of momentum. This is where the government’s automotive incentive programs now stand. RACE and CARS were meant to strengthen local vehicle assembly, yet both remain stalled by delays, budget constraints, and unpaid commitments.

    Thousands lose jobs in brutal anti-graft war

    President Ferdinand Marcos Jr.’s anti-corruption blitz in flood-control and public-works agencies was meant to clean house. Instead, it is triggering political, economic, and social tremors that now overshadow its stated purpose. The irony is hard to ignore: a campaign launched to restore trust is increasingly viewed as deepening uncertainty.

    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,...