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Business groups demand removal of baseless 2027 budget insertions

Thirty-four business and civil society groups have urged Congress to strip unsupported project insertions from the proposed P7.2-trillion 2027 national budget, warning that questionable allocations could derail priority infrastructure, raise logistics costs, and weaken investor confidence.

News Dispatch

Agriculture

DA urges OFWs to explore agribusiness as extra or long-term income 

The Department of Agriculture encourages overseas Filipino workers (OFW) to look into agribusiness as a practical alternative source of income and sustainable livelihood for when they come back home to the Philippines.

Government raises corn import quota to ease feed costs, shield consumers from meat price hikes

The Department of Agriculture has confirmed an increase in corn minimum access volume or MAV to 500,000 metric tons, a policy adjustment meant to shore up supply, bring down livestock feed expenses, and prevent steeper meat price increases for Filipino consumers.

Researchers step up heat-resistant carabao breed amid El Niño threat 

The Philippine Carabao Center-National Institute for Animal Sciences is moving forward with the second phase of its heat-tolerant carabao development project, funded by the Department of Agriculture Biotechnology Program, as the country braces for a strong El Niño expected to worsen by late 2026. The initiative builds on the existing Genetic Improvement Program, now adding thermotolerance as a key trait in selecting breeding stock to identify males and females that can pass on heat-resilient characteristics to their offspring.

Marcos hikes corn import quota amid projected supply shortfall

President Ferdinand Marcos Jr. has more than doubled the Philippines’ minimum access volume (MAV) for corn to 500,000 metric tons (MT) in 2026, allowing additional imports in a bid to ease feed costs and limit potential increases in pork and poultry prices.

Corporate

Jollibee Group maps provincial-led growth through 2030

Jollibee Foods Corporation (JFC) is targeting multi‑year domestic expansion focused largely on provincial markets outside Metro Manila, with more than 3,500 Philippine stores as of the first half of 2026 and over 1,500 potential new trade areas identified for development between 2027 and 2030 — about 71 percent of these sites located beyond the capital. The quick‑service giant plans disciplined rollouts tied to site feasibility and sustainable returns, building on its established nationwide footprint to capture untapped consumer demand across the country.

Jollibee targets 1,500 new trade areas beyond Manila

Jollibee Group is banking on the Philippines’ growth beyond Metro Manila, identifying more than 1,500 potential trade areas for expansion between 2027 and 2030 as it looks to turn its nationwide footprint into another engine of growth.

Vivant retains 3 Golden Arrows as governance recognition extends

Vivant Corp. has secured three Golden Arrow recognitions for the second consecutive year, extending its corporate governance awards streak to five years as the Philippine energy and water group highlights accountability and long-term business stewardship.

EastWest earns global recognition for customer‑centric banking

EastWest has been named Best Customer Centric Business Model – Philippines at the Global Retail Banking Innovation Awards. The bank’s hybrid model combines fast digital services for everyday transactions with in‑person advisory support for major financial decisions.

Banking & Insurance

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Corporate Bulletins

Vivant retains 3 Golden Arrows as governance recognition extends

Vivant Corp. has secured three Golden Arrow recognitions for the second consecutive year, extending its corporate governance awards streak to five years as the Philippine energy and water group highlights accountability and long-term business stewardship.

EastWest earns global recognition for customer‑centric banking

EastWest has been named Best Customer Centric Business Model – Philippines at the Global Retail Banking Innovation Awards. The bank’s hybrid model combines fast digital services for everyday transactions with in‑person advisory support for major financial decisions.

Ayala Malls opens The Exchange at Trinoma on October 30

Ayala Malls is launching The Exchange at Trinoma this coming October 30, marking the next major phase of the Quezon City mall’s reinvention as a one‑stop lifestyle and mobility hub.

Converge keeps top Five Golden Arrow governance rating for second year

Converge ICT Solutions Inc. (PSE: CNVRG) has retained its Five Golden Arrow distinction — the highest corporate governance award for listed firms — from the Institute of Corporate Directors at its recent Golden Arrow Awards.

Social Responsibility & Sustainability

P&G, Red Cross expand disaster relief kit program nationwide

P&G Philippines and the Philippine Red Cross (PRC) are preparing 90,000 health and hygiene relief kits for disaster-prone communities, extending a partnership aimed at keeping essential supplies accessible when emergencies disrupt daily life.

Vivant Foundation upgrades La Union schools, expands library

Vivant Foundation Inc. (VFI), together with Vivant Energy Corporation and its subsidiary 1590 Energy Corporation, has upgraded electrical systems in three public elementary schools and provided library packages to 14 schools in Bauang South District, La Union, as part of efforts to improve learning environments and support literacy.

Coco Mama, partners pledge 2-M coconut seedlings for farmers

Coco Mama, under Century Pacific Food Inc. (CNPF), is set to donate one million quality coconut seedlings over the next five years through its Save Our Coconuts program, joining forces with global brand Vita Coco for a combined total of two million seedlings nationwide.

Telco equips Tagbanua community in El Nido with disaster skills alongside Palawan cable project

More than 30 members of the Tagbanua Tandulanen Indigenous Cultural Community from 11 El Nido barangays recently took part in disaster preparedness training organized by PLDT Inc. and Smart Communications. Held alongside work on the Palawan Resiliency Submarine Cable Project, the effort underscores that stronger connectivity goes hand in hand with stronger communities.

Markets

TikTok Shop, DTI push smarter shopping ahead of holiday sales

TikTok Shop is stepping up consumer education and buyer protection efforts in the Philippines ahead of the 11.11 and 12.12 Mega Sales, working with the Department of Trade and Industry (DTI) to encourage more informed online purchases.

Philippine stocks face fresh pressure as rate hike, inflation cloud outlook

Philippine stocks could extend losses this week as higher interest rates, persistent inflation, and peso weakness threaten corporate earnings, with analysts urging investors to favor defensive shares until clearer signs of a market recovery emerge.

Billease challenges marketplace fees with zero-commission shopping platform

Philippine consumer financing platform Billease has launched a zero-commission online marketplace aimed at helping retailers cut selling costs while giving shoppers access to installment credit, challenging the fee-based business models of established e-commerce players.

Landmark GCash debut ignites mass retail stock market participation

In a historic milestone for the Philippine financial sector, Mynt, the operating entity behind the country's leading fintech platform GCash, successfully staged the nation's largest initial public offering to date, raising 60.9 billion pesos. The maiden share sale marked a defining moment for domestic capital markets, demonstrating how digital ecosystems can democratize investing and activate a new generation of retail investors.

Travel

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Energy

Meralco on standby for Undas, ready for El Niño‑driven power demand

As Filipinos mark All Saints’ Day and All Souls’ Day this coming November, the Manuel V. Pangilinan‑led Manila Electric Company (Meralco) has assured customers of round‑the‑clock crew readiness to address any power issues within its service franchise during the holiday period.

Senate launches RISE panel, pledges reforms to cut business costs

The Senate is preparing reforms to lower electricity and logistics costs, speed up government approvals, and crack down on illicit trade as it seeks to revive Philippine industry and reverse manufacturing’s shrinking contribution to the economy.

Datian solar shift cuts grid costs, boosts export edge

Datian Subic Shoes Inc. expects rooftop solar to cut its grid electricity use by more than 40 percent, lowering energy costs and helping meet global footwear brands’ emissions standards without diverting capital from production.

Mingyang weighs Philippine base for offshore wind

Mingyang Group is weighing investments in Philippine ports, floating platforms and wind turbine manufacturing as it looks to turn the country from an equipment market into a potential offshore wind production base.

Transport & Communications

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Property

Anflo estate draws P8.5B, expands cold storage, manufacturing

Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte, has attracted an estimated P8.5 billion in combined investments from its developer and locators, as new cold storage and manufacturing operations are set to expand its industrial footprint this year.

CLI opens Astra retail hub to support Mandaue mixed-use growth

Cebu Landmasters Inc. (CLI) has opened Astra Lifestyle Centre along A.S. Fortuna Street in Mandaue City, adding a retail component to its mixed-use Astra Centre development as property developers increasingly combine shopping, dining, residential and workplace offerings in a single destination.

Flexible offices buck property slowdown as firms seek agility

Flexible office spaces are gaining ground in Metro Manila’s subdued property market, with net take-up rising 185 percent in the first nine months of 2026 as companies seek to contain costs and adapt workplaces to changing business needs.

Condo payment shock fuels cancellations as Metro Manila inventory stays high

Metro Manila’s condominium market continues to grapple with persistent oversupply as buyers withdraw from purchases when monthly payments jump sharply upon transitioning from developer financing to bank loans.

Environment

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Technology

Globe beefs up network for Undas mobile traffic surge, backs NTC readiness directive

Globe Telecom has stepped up network preparations in line with the National Telecommunications Commission’s call for stronger readiness and coordination among telcos ahead of the Undas observance this month.

PLDT‑Smart steps up Bayanihan SIM push with wider network and community drives

PLDT Inc. and its wireless unit Smart Communications are accelerating roll‑out of the government‑backed Bayanihan SIM program through expanded network coverage and on‑the‑ground activation efforts, strengthening the group’s role as a key private‑sector partner for national digital inclusion. The Bayanihan SIM initiative gives underserved communities access to basic mobile connectivity, with PLDT‑Smart leveraging its extensive fixed‑fiber and mobile network infrastructure to bring the program to more remote locations.

EU–Philippines AI Lab targets research commercialization, investment

The Philippines and the European Union are advancing an artificial intelligence laboratory designed to bring research closer to market, attract investment and encourage responsible AI adoption across businesses and government.

PLDT Enterprise empowers Zamboanga Peninsula with advanced digital solutions

PLDT Enterprise has expanded its footprint in the Zamboanga Peninsula by bringing tailored connectivity and digital solutions directly to local businesses and government agencies.

Health & Science

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Opinion

Defending the peso: Marcos should remember 1997

The latest vow of President Ferdinand Marcos Jr. to defend the peso with the country’s foreign exchange reserves and policy tools invites a question: Has his administration forgotten the costly lessons of the 1997–1998 Asian financial crisis?

Tourism crossroads

Christmas is coming, and with it, the annual homecoming of thousands of overseas Filipinos eager to reunite with their families, enjoy familiar food, visit favorite destinations, and celebrate the holidays in the Philippines.

The game is never just a game

There are few things more amusing than watching otherwise sensible adults become unreasonable over a basketball game played by people young enough to be their children. A missed free throw becomes a character flaw. A referee’s call becomes evidence of a conspiracy. A victory is proof that an entire institution is superior, while a defeat is something that requires immediate explanation. The players may be the ones on the court, but the people in the stands often behave as though their own futures are at stake.

Palengke prices: Ay naku, not again

Woke up this morning hoping for a reset, with my circadian rhythm hopefully back on track after weeks of near-sleeplessness, due in part to bodily changes occasioned by advancing age and to the ayuda economy, which has gone from bad to worse to overdrive. I cannot believe what has recently been printed in both legacy news outlets and portals like the one where I currently work, or the level of absurdity that has pervaded the country. When I ask any reasonable person what ails the Philippines, with its rich resources and poor economic performance, the retort and the discussion that follow quickly turn absurd. The survey firms Pulse Asia and OCTA have a four-word answer: the cost of living. Two-thirds of the country say the most urgent issue is inflation, and that “public sentiment . . . is being shaped primarily by economic strain and the rising cost of living.”

Sports & Entertainment

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Exclusive

FAST Logistics plots next leg beyond the truck

For FAST Logistics Group, the next leg of growth is not necessarily about moving more boxes faster. It is about making the entire journey work better.

The discipline behind SM’s 68 years in business

Building a business that lasts takes more than expanding into new markets. It requires sound decisions, careful management of risks, and the financial strength to withstand difficult periods.

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.