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Agriculture
Farm groups slam EO 105’s “flexible” rice tariff policy
Activist farmers criticized the rice import policy under Executive Order (EO) 105, saying it will worsen the plight of local rice producers.
DA turns over P60-M rice processing system to Isabela coop
The Department of Agriculture (DA) has turned over a state-of-the-art Rice Processing System II (RPS II) worth P60.6 million to the Isabela Seed Grower’s Multi-Purpose Cooperative under the Rice Competitiveness Enhancement Fund (RCEF) mechanization program on Thursday, November 6.
DA concludes consultations on proposed RICE Act
The Department of Agriculture (DA) has concluded a nationwide series of multi-sectoral consultations on House Bill No. 1, the proposed Rice Industry and Consumer Empowerment (RICE) Act, and other related measures that seek to amend the Rice Tariffication Law (RTL). The consultations aim to gather broad-based insights and recommendations from rice industry stakeholders to ensure that the final version of the proposal is robust and equitable.
Gov’t to use NFA as temporary benchmark for palay floor price
The government’s move to impose a floor price for rice purchases by state agencies is expected to set a strong benchmark that will raise farmers’ incomes and strengthen the National Food Authority’s (NFA) role in ensuring fair grain prices, Agriculture Secretary Francisco P. Tiu Laurel Jr. said Wednesday.
Corporate
SM Prime’s Q3 profit rises 8% on strong mall, convention center performance
SM Prime Holdings Inc. reported an 8 percent increase in net income to ₱12.8 billion for the third quarter, up from ₱11.8 billion a year earlier, driven mainly by its mall and convention center businesses.
RCBC Credit Cards launches Travel Fair 2025 with exclusive deals, prizes
RCBC Credit Cards is inviting cardholders to plan their next big adventure at the RCBC Travel Fair 2025, happening November 13 to 16 at the South Wing Atrium of GH Mall. This year’s theme, “Adventure Unlimited,” highlights exclusive travel deals, raffle prizes, and special perks for RCBC cardholders—perfect for those planning trips through October 2026.
SMFB posts 11% profit growth in first nine months
San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of ₱33.7 billion for the first nine months of 2025, up 11 percent year-on-year, driven by strong performances across its food, beer, and spirits divisions.
Ayala Land nets P21.4B in 9-month on steady growth
Property development giant Ayala Land, Inc. (ALI) booked a net income of P21.4 billion in the first nine months ended September 30, supported by stable property development earnings and the steady expansion of its leasing and hospitality portfolio. Consolidated revenues climbed to P121.8 billion during the period.
Corporate Bulletins
RCBC Credit Cards launches Travel Fair 2025 with exclusive deals, prizes
RCBC Credit Cards is inviting cardholders to plan their next big adventure at the RCBC Travel Fair 2025, happening November 13 to 16 at the South Wing Atrium of GH Mall. This year’s theme, “Adventure Unlimited,” highlights exclusive travel deals, raffle prizes, and special perks for RCBC cardholders—perfect for those planning trips through October 2026.
Uwan loses strength, headed toward West Philippine Sea
Typhoon Uwan weakened after slamming into the Sierra Madre mountains late Sunday but retained its fierce winds. PAGASA lifted Signal No. 5 yet maintained Signal No. 4 over parts of Abra, Benguet, Ifugao, Ilocos Sur, Mt. Province, Nueva Ecija, Nueva Vizcaya, La Union, and Pangasinan. Moving west-northwest at 20 kilometers per hour, Uwan’s center is expected to reach the West Philippine Sea by Monday night, where it may regain strength before veering toward Taiwan. The NDRRMC reported that about 836,000 people across eight regions have been affected, with roughly one-third now sheltering in evacuation centers. Damage and casualty reports are still being collated.
Top performers honored at 2025 Regalia Sales Excellence Awards
RHK Land Corp., a joint venture between Robinsons Land Corp. and Hongkong Land, celebrated another successful year with the 2025 Regalia Sales Excellence Awards at the Grand Hyatt Manila.
BPI expands digital reach with Pay&Go tie-up
The Bank of the Philippine Islands (BPI), through its digital wallet VYBE, has partnered with Pay&Go to let users cash in for free at over 3,000 kiosks nationwide.
Social Responsibility & Sustainability
Aboitiz Foundation leads typhoon relief efforts across Visayas and Mindanao
The Aboitiz Foundation, in collaboration with various Aboitiz business units under the OneAboitiz initiative, has launched extensive relief and recovery operations for communities affected by Typhoon Tino across Cebu and other areas in the Visayas and Mindanao.
Foodpanda marks World Food Day with outreach in Metro Manila
Foodpanda, operated by Delivery Hero Philippines Inc., teamed up with Scholars of Sustenance (SOS) Philippines and the Bureau of Jail Management and Penology (BJMP) to mark World Food Day with a series of community outreach efforts across Metro Manila.
Siena College campuses go fully green with ACEN RES partnership
The campuses of Siena College in Quezon City and...
Orchestra of the Filipino Youth honored at first Filipino Music Awards
Ang Misyon, Inc. (AMI), through its flagship program, the Orchestra of the Filipino Youth (OFY), was recognized as Music Foundation of the Year at the inaugural Filipino Music Awards (FMA) 2025, held on October 21 at the SM Mall of Asia Arena.
Markets
Netflix revenue up 17% in 3Q on subscriber, ad growth
Netflix Inc. reported a 17 percent jump in third-quarter...
Treasury bill rates mixed as Fed tempers hopes
Average rates on Treasury bills moved in mixed directions at Monday’s auction, as investors reacted to signals from the U.S. Federal Reserve that it may hold off on cutting interest rates in December.
AI powers Amazon profit growth
Amazon.com Inc. posted a surge in third-quarter profit, lifted by accelerating cloud demand and investment gains, even as hefty legal and restructuring costs weighed on operations.
Fed cuts rates anew, further reduction uncertain
The Federal Reserve lowered its benchmark interest rate Wednesday for the second time this year, aiming to support economic growth and hiring even as inflation remains elevated. But Fed Chairman Jerome Powell cautioned that another cut at the central bank meeting in December is far from certain.
Energy
Fuel prices up again except for kerosene
Motorists will face another round of fuel price hikes starting Tuesday morning, with oil firms announcing increases of ₱0.50 per liter for gasoline and ₱1.00 per liter for diesel.
Meralco speeds up power restoration after Super Typhoon Uwan
The Manila Electric Company (Meralco) said its crews are working around the clock to restore power in areas hit by Super Typhoon Uwan (international name: Fung-Wong).
Meralco power rate rises in November
Households across Metro Manila and nearby provinces will face slightly higher electricity bills this month as the Manila Electric Co. (Meralco) raised its rates by P0.1520 per kilowatt-hour (kWh).
Meralco power rates seen to rise again in November
The electricity bills of Meralco customers are expected to rise again this November due to higher pass-through charges, the company said ahead of its official rate announcement.
Property
Ayala Land nets P21.4B in 9-month on steady growth
Property development giant Ayala Land, Inc. (ALI) booked a net income of P21.4 billion in the first nine months ended September 30, supported by stable property development earnings and the steady expansion of its leasing and hospitality portfolio. Consolidated revenues climbed to P121.8 billion during the period.
RLC profit climbs on strong portfolios
Robinsons Land Corp. (RLC), listed propety development arm of the Gokongwei Group, posted a P3.30 billion profit in the third quarter, buoyed by strong performances across both its investment and development portfolios. Third-quarter results pushed net income attributable to the parent of P10.17 billion for the first nine months of the year—up 2 percent year-on-year.
Metro Manila office market finds new footing in Jan-Sep—Colliers
The Metro Manila office market has found its stride again, with net demand in the first nine months of 2025 already surpassing full-year forecasts—driven by strong leasing activity, fewer space surrenders, and a revived appetite for flexible work arrangements, according to property consultancy Colliers.
Ayala Land unit to infuse P19.5B in assets into AREIT via swap
Ayala Land Inc. said the board of its listed...
Technology
MediaTek launches new processor to power next-generation Chromebooks
MediaTek has introduced the new Kompanio 540 processor, built to deliver fast, efficient performance for lightweight Chromebooks used in classrooms and beyond. Designed for students and educators in a digital-first world, the chip promises smooth multitasking, longer battery life, and quiet, fanless operation.
iProov sets benchmark for AI-resistant biometric security
iProov has claimed the distinction as the first and only company to meet the biometric verification requirements of the newly released NIST Special Publication 800-63-4 Digital Identity Guidelines, which set the U.S. federal standard for secure digital identity.
Globe advances online security with Next-Gen API solutions
Globe Telecom is stepping up efforts to boost online security nationwide through its growing application programming interface (API) ecosystem. The company is moving beyond traditional one-time passwords (OTPs) toward next-generation authentication methods designed to better protect users from phishing and online fraud.
Amazon, OpenAI forge $38B AI cloud deal
Amazon Web Services and ChatGPT owner OpenAI have entered into a multi-year strategic partnership valued at USD38 billion, one of the largest infrastructure deals in artificial intelligence to date.
Opinion
Nets, nations, and the stingy sea
It was an easy, sun-splashed Sunday morning on the shores of Bagac.
Transparency on Trial: ICI to livestream hearings amid public outcry
The Independent Commission for Infrastructure (ICI) is opening its floodgates—digitally. Soon, the commission will livestream its proceedings, bowing to public pressure for transparency that has swelled louder than the floods the controversial infrastructure projects failed to contain.
Cebu quake exposes structural, systemic fault lines
The recent 6.9-magnitude earthquake that struck Bogo City, Cebu on September 30, offers more than just a regional wake-up call—it delivers a national warning.
World Food Day: The feast, the famine, and the fix
The world produces more than enough food. Yet 673 million people still go hungry. This is not a failure of farming—it is a failure of fairness.
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,...
