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DOT targets Korea rebound as US leads

The Department of Tourism (DOT) is moving to revive arrivals from South Korea after the country’s longtime top source market slipped this year, even as overall foreign visitor numbers continued to grow and the United States emerged as the Philippines’ largest inbound tourism market.

News Dispatch

Agriculture

Philippines, Lao PDR expand agricultural cooperation to boost trade and food security

The Philippines and Lao People’s Democratic Republic have strengthened their bilateral agricultural ties through an updated Memorandum of Understanding (MOU).

Lanao del Norte water research center to get major upgrades

The National Fisheries Research and Development Institute has launched a rehabilitation program for its Brackishwater Fisheries Research and Development Center in Lanao del Norte, converting it into an Aquaculture Business Technology Incubation Center. Announced Tuesday, the project covers improvements to the training hall, two research ponds, and the laboratory.

SRA clarifies NBB as sole authority in sugar-based bioethanol feedstock imports

The Sugar Regulatory Administration (SRA) on Tuesda released Sugar Order (SO) No. 4, series 2025–2026, clarifying the importation of sugar-derived raw materials for bioethanol production – including molasses, sugar, sugarcane, syrup and related products – may only proceed with authorization from the National Biofuels Board (NBB).

Ube industry gets boost as DA-BPI distributes 60,000 planting materials

The Department of Agriculture through the Bureau of Plant Industry (BPI) has launched a large-scale program to expand the country’s ube (purple yam) industry, distributing over 60,000 planting materials worth nearly ₱2.6 million to 900 farmers in Bohol and Leyte. This is BPI’s first major ube planting material distribution under the High Value Crops Development Program, implemented in partnership with the Philippine Root Crop Research and Training Center (PhilRootcrops).

Corporate

Allianz PNB Life marks 10 years of serving Filipinos

Allianz PNB Life is celebrating ten years of operation in the Philippines this year, marking a major milestone for the life insurance provider.

Vietnam firms pledge P50M aid for Mindanao quake relief

Vietnamese companies VinFast, V-Green, VinEnergo, and Green GSM have committed more than P50 million in emergency assistance for communities affected by the devastating 7.8-magnitude earthquake that struck Mindanao on June 8, 2026, signaling both humanitarian support and deepening regional investment ties with the Philippines.

Globe and Disney host movie screenings for student leaders

Student leaders from across the Philippines gathered recently for special simultaneous screenings of Toy Story 5 organized by Globe and Disney in Clark, Bonifacio Global City, Dasmariñas, and Cebu City.

Shakey’s closing more stores amid economic, political challenges

Shakey’s Pizza Asia Ventures Inc. plans to close more outlets this year, following the closure of 15 to 20 stores so far, primarily under its Peri-Peri brand. At the start of 2026, the company operated around 3,000 locations across its brands.

Banking & Insurance

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Corporate Bulletins

Allianz PNB Life marks 10 years of serving Filipinos

Allianz PNB Life is celebrating ten years of operation in the Philippines this year, marking a major milestone for the life insurance provider.

Globe and Disney host movie screenings for student leaders

Student leaders from across the Philippines gathered recently for special simultaneous screenings of Toy Story 5 organized by Globe and Disney in Clark, Bonifacio Global City, Dasmariñas, and Cebu City.

Globe activates new 5G facility at Miriam College to boost digital learning

Globe Telecom has launched a new 5G network facility at Miriam College, marking another milestone in its effort to support modern education and empower the next generation of learners.

Freelancer Wellness Summit 2026: Supporting Philippines’ growing independent workforce

Freelancing has become an increasingly popular career choice in the Philippines, with the sector recording a 208 percent growth in revenue between 2019 and 2020 – the highest rate across Asia.

Social Responsibility & Sustainability

Vietnam firms pledge P50M aid for Mindanao quake relief

Vietnamese companies VinFast, V-Green, VinEnergo, and Green GSM have committed more than P50 million in emergency assistance for communities affected by the devastating 7.8-magnitude earthquake that struck Mindanao on June 8, 2026, signaling both humanitarian support and deepening regional investment ties with the Philippines.

Ayala units expand financial literacy programs to community areas across Luzon

The Bank of the Philippine Islands (BPI), through its foundation arm, is advancing financial inclusion by rolling out financial education initiatives in communities near ACEN’s renewable energy project sites. The partnership covers areas in Quezon, Laguna, and Zambales provinces, targeting around 3,000 direct beneficiaries.

BDO advances financial empowerment for OFWs amid Migrant Workers’ Day observance

Leading Philippine financial institution BDO Unibank, together with its digital remittance partner Xoom, has extended support to overseas Filipino workers (OFWs) as the country commemorates Migrant Workers’ Day.

Razon-led firms mount quake relief drive in Mindanao

Companies and foundations linked to tycoon Enrique K. Razon Jr. have launched a coordinated humanitarian response following  the magnitude 7.8 earthquake that struck southern Mindanao on June 8, mobilizing logistics, utilities, and community resources to support relief operations in General Santos City and Sarangani.

Markets

Tanduay retains World’s Top Rum spot for 9th straight year

Tanduay, the Philippine rum brand owned by tycoon Lucio Tan, has kept its title as the world’s best-selling rum for nine consecutive years, according to Drinks International Magazine.

Hormuz risk keeps peso, PSEi on edge

Philippine financial markets are heading into the week on a cautious footing as renewed threats by Iran to potentially close the Strait of Hormuz inject fresh volatility into global oil supply expectations and inflation outlooks, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.

Mynt IPO May Put Philippine Stocks Back in Play

The planned initial public offer of Mynt, the company behind GCash, could do more than raise fresh capital. It may provide the Philippine stock market with the kind of growth story it has been missing.

Markets brace for twin central bank signals

Philippine financial markets are heading into a pivotal week, with investors largely keeping their powder dry ahead of policy decisions from the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve that could shape the direction of stocks, bonds and the peso in the weeks ahead.

Travel

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Energy

Vivant Energy acquires developerof 200 MW Samar wind farm

Vivant Energy Corp. (VEC) has fully acquired Samar Philippines Renewable Corp. (SPRC) from Envision Energy Philippines Corp. through its renewable energy arm, Vivant Renewable Energy Corp. While the financial terms were not disclosed, SPRC is the developer of a 200-megawatt wind farm located across four municipalities in Northern Samar.

DOE shifts focus beyond megawatt expansion  

The Department of Energy (DOE) is reframing the Philippines’...

DTI urged to tighten steel safety standards

Industry leaders are pressing the Department of Trade and Industry (DTI) to urgently enforce updated standards for reinforcing steel and consider phasing out induction furnace (IF)-produced materials, citing continuing concerns over structural safety and earthquake resilience in Philippine infrastructure.

SGV advised on $406-M ASEAN solar deal

SyCip, Gorres, Velayo & Co. (SGV) has advised on a USD406-million renewable energy partnership between Philippine developer SunAsia Energy Inc. and Vietnam-based VinEnergo, a transaction that highlights rising cross-border investment flows into the country’s clean energy sector.

Transport & Communications

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Property

DOJ tightens net on rogue property brokers

The Department of Justice (DOJ) is stepping up efforts to crack down on illegal real estate activities, signaling a tougher enforcement stance as authorities seek to strengthen market integrity and restore public trust in property transactions.

RLC infuses six properties worth ₱10.62 billion into REIT

Robinsons Land Corporation (RLC), led by the Gokongwei group, will inject six of its shopping mall properties collectively valued at ₱10.62 billion into its real estate investment trust, RL Commercial REIT Inc. (RCR).

DMCI sets 2027 launch for Batangas beach resort

DMCI Homes is targeting a February 2027 opening for Solmera Beach Park Resort in San Juan, Batangas, as it expands into large-scale leisure and events-driven tourism developments outside Metro Manila.

Megaworld eyes 10,000 rooms amid expansion

Megaworld Hotels & Resorts is laying out more welcome mats across the country.

Environment

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Technology

Global investors show interest in Philippine railway projects

The Department of Transportation (DOTr) announced on Wednesday that private companies from Singapore and other countries have expressed strong interest in investing in the Philippines' railway sector.

Maya introduces mini payments to boost flexibility in digital credit management

Financial technology platform Maya has launched Mini Payments, a new feature that lets credit card holders convert eligible purchases into monthly installment plans directly through the app – even after a transaction has already been completed.

PhilWeb secures AI push via Gokongwei deal 

PhilWeb Corp. has secured a P2.02-billion strategic equity investment from businessman Lance Y. Gokongwei, marking a major capital boost that will accelerate its shift toward becoming an artificial intelligence-enabled technology infrastructure provider for the regulated digital entertainment sector.

BIR pilots digital trade window, streamlines import process

Bureau of Internal Revenue has joined the pilot rollout of the Department of Information and Communications Technology–led National Single Window–Integrated Trade Facilitation Platform (NSW-ITFP), marking a key step in the government’s push to digitize trade documentation and strengthen tax administration.

Health & Science

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Opinion

Reframing the South China Sea conversation 

For more than a decade, the South China Sea has been ASEAN's diplomatic traffic jam. Everyone knows there is a problem. Everyone agrees it matters. Yet the moment the conversation turns to China, the convoy grinds to a halt.

Ghosts of 1949 haunt today’s Senate

The Philippine Senate has a remarkable talent for proving that history never really leaves the chamber. It merely changes surnames.

Silent senators forfeit democracy’s mantle

The Senate has been regarded as the last bastion of democratic dissent—a chamber where statesmen stood their ground, challenged power, and refused to let their voices be drowned out by political pressure or executive overreach. It was where difficult questions were asked, unpopular truths were spoken, and silence was treated not as a virtue but as a surrender.

Senate descends to institutional absurdity

If anyone still believed the Philippine Senate had reached rock bottom, the May 25 session suggested there was, in fact, a trapdoor beneath the floor.

Sports & Entertainment

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Exclusive

Visayas roots, Singapore routes: Top Line redraws its map

Singapore is no longer just a distant dot on Top Line Business Development Corp.’s growth chart. It has become a very literal marker of how far the company has travelled in 12 years, from a Visayas-based real estate developer to an emerging energy player now thinking in global supply routes.

Sunlight Air chooses precision over size aloft

In an aviation industry often driven by scale and speed, Sunlight Air is taking a more measured route. The boutique carrier is building its business around efficiency, discipline, and destination depth, convinced that smarter operations can deliver both commercial returns and environmental gains.

PSAC urges stronger funding for Philippines startups 

The Private Sector Advisory Council is raising a clear warning. In a recent meeting with the Department of Trade and Industry, PSAC said the Philippine startup scene is slipping behind Southeast Asian peers, not for lack of ideas but for lack of capital that actually moves.

Tariffs rattle, AI thrives: Gruppo EMS builds ahead 

Amid escalating US-China trade tensions and renewed tariff uncertainty from Washington, EMS Group of Companies is expanding production, accelerating its push into artificial intelligence hardware, and positioning the Philippines as an increasingly strategic alternative manufacturing base for global electronics firms.