Friday, 28 March 2025, 1:36 pm

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    Trump car tariff hurts stocks, stokes inflation concern

    U.S. President Donald Trump imposed a 25 percent tariff on imported vehicles on Wednesday night, fueling inflation concerns that weighed on financial markets. After market...

    News Dispatch

    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,...

    Agriculture

    DA crafts hog repopulation roadmap to lift industry, cut pork imports

    The Department of Agriculture (DA) is preparing a strategic roadmap to restore the country’s hog population, aiming to increase it to 14 million heads by 2028.

    SRA taps Japanese savants in search of high-yield sugarcane

    The Sugar Regulatory Administration (SRA) has signed a memorandum of understanding (MOU) with the University of Tokyo aimed at improving sugar farming practices through knowledge exchange between the two nations.

    DA proposes nationwide food hubs, long-term logistics solutions

    The Department of Agriculture (DA) has presented a proposal to President Ferdinand Marcos Jr. for the development of food hubs across the country, aimed at addressing agricultural logistics and availability.

    Animal feed distribution program launched

    Agriculture Secretary Francisco P. Tiu Laurel Jr. recently launched a feed distribution initiative to assist duck raisers in Pampanga, a central hub in the duck industry.

    Corporate

    Raslag approves joint venture for renewable energy

    Listed renewable energy firm Raslag Corp. said its board approved a strategic joint venture with a Singapore-based company to acquire a hybrid renewable energy project.

    Alternergy secures P800M funding for Bataan solar project

    Alternergy Holdings Corp., a listed renewable energy, has secured two tranches of funding from Rizal Commercial Banking Corp. (RCBC) for its 28 megaWatt-peak Balsik Solar Power Project in Hermosa, Bataan.

    Airbus, Australia start-up forge UAV partnership for Flexrotor deployment

    Australian aerospace start-up Drone Forge has collaborated with Airbus, signing a letter of intent (LOI) to deploy and integrate Airbus' uncrewed aerial system (UAS) called Flexrotor.

    Globe completes tower transfer to Unity

    Globe Telecom Inc., the listed digital platform of the Ayala Group, has completed the final batch of its tower sale and leaseback deal with Unity Digital Infrastructure, transferring 121 sites for P1.45 billion. 

    Banking & Insurance

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    Markets

    Improving CPI bodes well for equities – analyst

    The equities faced a subdued market in the first quarter of 2025, as a lack of strong positive catalysts kept investor sentiment in check, the head of equities markets at the insurer Manulife said on Friday.

    Duterte arrest matters none to PSE at this point

    The arrest of former President Rodrigo Duterte has yet to significantly impact the Philippine stock market, as investors remain more focused on external factors like US President Donald Trump's tariff policies, the Federal Reserve, and the broader performance of US markets.

    SM Investments strengthens market leadership with bond success

    SM Investments Corporation (SM Investments), the parent company of the SM Group, continues to reinforce its leadership in the Philippine market with significant growth across retail, banking, and integrated property sectors.

    Trump’s Gambit: Tariff hike triggers trade war with allies

    The aggressive trade strategy of President Donald Trump took a dramatic turn on Tuesday as he imposed a new 25 percent tariff on imports from Mexico and Canada, igniting a trade war with two of the United States' closest allies. 

    Travel

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    Energy

    Regulators collaborate in boosting power genco compliance with listing rules

    The Energy Regulatory Commission (ERC) has renewed close coordination with the Securities and Exchange Commission (SEC) in boosting power generation company (genco) compliance to mandatory listing rules that at the moment seems to have been loosely observed.

    USD80M financing strengthens solar and battery storage projects in Southeast Asia

    Pentagreen Capital and British International Investment (BII) have teamed up in a joint USD80 million financing initiative aimed at accelerating the rollout of utility-scale solar and battery storage projects across Southeast Asia, with a focus on the Philippines.

    MPower renews supply deal with Araneta Group

    Meralco retail electricity supply arm MPower has renewed its power supply agreement with the Araneta Group, marking the continuation of an 11-year partnership with ACI Inc.

    Alternergy wins new wind project in Albay

    Renewable power pioneer Alternergy Holdings Corp., through its wind subsidiary Alternergy Wind Holdings Corp. (AWHC), has won an onshore wind power contract in Albay that further cements its position as a leader in the Philippine renewable energy sector. 

    Transport & Communications

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    Property

    Arthaland shifts focus to residential projects, delays office development amid soft market

    Green upscale property developer Arthaland Corp. announced on Thursday plans to focus on three new residential projects in 2025 and postponing new office building development due to continued softness in the leasing market.

    Property titans focus on investment potential amid political tensions

    Real estate developers in the Philippines are shifting their attention away from political instability and focusing on making the country an attractive investment destination, according to a property consultancy firm.

    Oversupply in Metro Manila condominiums boosts affordability for first-time buyers

    Metro Manila’s condominium market is facing an unprecedented oversupply, with approximately 26,300 ready-for-occupancy (RFO) units unsold as of the end of 2024.

    Century Properties expands Phirst Homes Township in Batangas

    Century Properties Group Inc. on Thursday announced the expansion...

    Environment

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    Technology

    Manila Water receives patent for portable desludger

    Manila Water Co. Inc. has been granted a patent for its innovative portable desludger by the Intellectual Property Office of the Philippines, a development that enhances the company’s ability to provide essential sanitation services to remote and hard-to-reach barangays. The new technology will enable Manila Water to offer more efficient septic tank cleaning, particularly in areas with narrow streets or difficult terrains.

    Deepfakes likely to proliferate as May elections draw near—CICC

    As the May 2025 midterm elections approach, the proliferation of deepfakes and cyberattacks is expected to escalate, posing a significant threat to democratic processes and national security.

    Appdome introduces defense plugins to combat DeepSeek AI threats

    Appdome, a leader in mobile security, has unveiled new dynamic defense plugins designed to detect and protect against DeepSeek AI attacks on Android and iOS devices.

    Law enforcers receive advanced cybercrime training with US partners

    The Cybercrime Investigation and Coordinating Center (CICC) has partnered with the US-based National White Collar Crime Center (NW3C) to provide advanced digital forensics training for law enforcers.

    Health & Science

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    Opinion

    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.

    Ayuda: A lifeline for struggling Filipinos

    The latest surveys are in, and they’ve made something pointedly clear: Filipinos are firmly standing behind the government’s social assistance programs.

    Philippines’ removal from FATF Grey List: A fresh start

    After years of playing catch-up, the Philippines is finally off the Financial Action Task Force ’s Grey List. It’s like stepping out of a dimly lit room into the sun, but don’t get too comfortable. Sure, the weight’s off—this is a breath of fresh air—but don’t think for a second that the hard work is over; it is just beginning.

    Hijacking the debate as only Duterte could 

    Rodrigo Duterte's recent comment about "killing 15 senators" to...

    Sports & Entertainment

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