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PEZA investments nearly double on export boom

The Philippine Economic Zone Authority (PEZA) posted a sharp rise in investment approvals in the first five months of 2026, driven by a wave of export-oriented and technology-intensive projects that reinforced the country’s position as a regional manufacturing and investment hub.

News Dispatch

Agriculture

Nine advance in first review of PH offshore wind auction

The Department of Energy (DOE) has confirmed that nine companies have passed the initial evaluation for offshore wind projects under the fifth Green Energy Auction (GEA5), down from more than 20 original applicants.

Sectors push corn as bioethanol feedstock amid fuel, food trade-off

The Department of Agriculture (DA) has confirmed growing calls to amend Joint Administrative Order No. 2008-1, which limits approved bioethanol raw materials to only sugarcane and molasses, to include corn as an additional feedstock. The proposal remains under review and awaits final decision from the National Biofuels Board, with officials noting the move is being reconsidered amid an ongoing fuel crisis.

DA lifts Argentina poultry import ban

The Department of Agriculture (DA) has removed restrictions on Argentina poultry imports under Department Circular No. 29, Series of 2026, signed by Secretary Francisco Tiu Laurel Jr. and released publicly recently. The ban—covering live birds, meat, chicks, eggs, and semen—was first imposed due to concerns over highly pathogenic avian influenza (HPAI). It was lifted after official reports confirmed the disease outbreak in Argentina had ended with no new cases, and DA assessments found the risk of contamination is now negligible.

DA, BOC seize P7M smuggled carrots hidden in noodle shipments

The Department of Agriculture (DA) and the Bureau of Customs (BOC) have intercepted more than P7 million worth of smuggled fresh carrots concealed inside shipments falsely declared as processed food products, dealing another blow to agricultural smuggling operations that authorities say threaten both consumers and local farmers.

Corporate

Security Bank’s wholesale banking head steps down; interim oversight set

Security Bank announced Monday that John Cary Ong will leave his post as head of the wholesale banking segment.

CREIT targets new asset infusion by end-2026, aims to be PH’s largest REIT

Citicore Energy REIT Corp. (CREIT) plans to complete its next batch of asset additions within this year, pending regulatory approvals, as it moves to expand its renewable energy portfolio.

PrimeWater insists on legal manuvers over addressing undelivered SJDM Bulacan services

San Jose del Monte (SJDM) City in Bulacan faces another legal hurdle in its bid to fix long-running water supply issues, as PrimeWater Infrastructure Corp.—part of the Villar Group—filed a new petition seeking to stop the local government’s improvement efforts.

Globe activates emergency response after magnitude 7.8 quake off Sarangani

Following a powerful magnitude 7.8 earthquake offshore Sarangani province, Globe Telecom has launched its disaster response measures as PHIVOLCS issued a tsunami warning for Southern Mindanao coasts, calling for immediate evacuation to higher ground.

Banking & Insurance

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Corporate Bulletins

Security Bank’s wholesale banking head steps down; interim oversight set

Security Bank announced Monday that John Cary Ong will leave his post as head of the wholesale banking segment.

Globe activates emergency response after magnitude 7.8 quake off Sarangani

Following a powerful magnitude 7.8 earthquake offshore Sarangani province, Globe Telecom has launched its disaster response measures as PHIVOLCS issued a tsunami warning for Southern Mindanao coasts, calling for immediate evacuation to higher ground.

GSIS brings tech, learning tools to remote schools

Braving rough waters and difficult terrain, the Government Service Insurance System (GSIS) has delivered essential technology and learning equipment to isolated schools nationwide under its Adopt-a-School Program (ASP). Recent turnovers reached Homonhon National High School in Eastern Samar, Liponpon Elementary School in Batangas, Malilipot Central School in Albay, and Bacak Elementary School in Catanduanes, with items including laptops, smart TVs, printers, and power units transported by sea and over land.

Shopee service eases operational load for MSMEs

Many Filipino micro, small, and medium enterprises (MSMEs) expanding their online operations face a common challenge: rising order volumes bring more work in packing, shipping, inventory tracking, and handling returns—tasks that take time away from core business growth activities.

Social Responsibility & Sustainability

Foundation draws work-ready scholars from Bacolod university

In Bacolod City, Negros Occidental, Tubig Pilipinas Foundation Inc. (TPFI) has officially partnered with National University (NU) Bacolod through Project KINABUKASAN, an initiative created to help qualified students from host communities earn college degrees and build careers within their home region. Under this agreement, two scholars from Barangays Abo-Abo and Caliban in Murcia, Negros Occidental will receive full tuition coverage, education allowances, and academic support for courses linked to community and national development, such as Civil Engineering, Architecture, Accountancy, and Computer Science.

Biñan school get safe water upgrade from Manila Water

Laguna Water, a subsidiary of Manila Water Non-East Zone, has given refrigerated drinking fountains to six public schools in Biñan, Laguna, in time for the 2026–2027 school year opening and this year’s Brigada Eskwela.

Globe fights child malnutrition

Globe Platinum has blended exclusive customer experiences with social purpose through a charity dinner in Cebu, aimed at addressing child hunger and stunting across the Philippines.

DOE, Ayala Land launch weekly energy-saving drive

The Department of Energy (DOE) and Ayala Land, Inc. have launched a nationwide campaign encouraging Filipinos to cut electricity consumption for one hour each week, as the government intensifies efforts to promote energy efficiency and strengthen energy security.

Markets

Easing inflation gives markets room to breath

After months of relentless pressure, Philippine financial markets may finally be getting some breathing space.

SEC centralizes SBL admin functions with PSE to speed up processing, cut costs

The Securities and Exchange Commission (SEC) has streamlined the country’s securities borrowing and lending framework by assigning all administrative functions to the Philippine Stock Exchange (PSE), aiming to create a more efficient and integrated short selling market.

Rookie PH opens new stores, unveils school deals

Rookie PH is accelerating its expansion in Metro Manila, opening two new stores and rolling out back-to-school promotions as it seeks to bring global kids’ fashion brands closer to Filipino families ahead of the new school year.

SEC director arrested in NBI extortion sting

The Securities and Exchange Commission (SEC) said Wednesday that one of its directors has been arrested by the National Bureau of Investigation (NBI) in an entrapment operation over the alleged extortion of a private corporation.

Travel

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Energy

Gov’t managing power restoration after Mindanao quake

Following the magnitude 7.8 earthquake that struck Southern Mindanao and nearby areas Monday, the Department of Energy (DOE) confirmed it is leading coordinated efforts to restore power supply safely and quickly.

Mixed fuel price adjustments set this week; supply levels rise

The Department of Energy (DOE) announced mixed price adjustments for fuel this week. Gasoline may drop by as much as P1.70 per liter or rise by up to P0.30 per liter.

Mindoro Grid upgrade powers long-term energy fix

The Marcos administration is moving beyond short-term remedies for Mindoro's recurring power woes, backing a series of major infrastructure projects aimed at integrating the island into the national grid and securing its long-term energy future.

AboitizPower: Mindanao power operations recover after 7.8 magnitude quake

Following the 7.8 magnitude earthquake that hit southern Mindanao earlier today, AboitizPower confirmed it is closely monitoring all facilities to maintain safe, reliable service. Most generation sites operated without issue; Therma South in Davao City had a brief outage but reconnected to the grid by 1:07 PM.

Transport & Communications

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Property

SM Prime hits pause on P18B bond sale

SM Prime Holdings Inc. has put the brakes on a planned bond offering of up to P18 billion, opting to wait for more favorable market conditions as it seeks funding for an ambitious expansion and redevelopment program across the country. 

Bond bonanza gives Filinvest fresh firepower

Filinvest Land Inc. (FLI) has secured fresh ammunition for its expansion plans after raising P9 billion from a retail bond offering that drew overwhelming investor demand, underscoring confidence in the property developer's ability to navigate a challenging real estate market. 

Keen & Worth eyes 2027 turnover for Ongpin Tower

Keen & Worth Property Developers Inc. is gearing up for the 2027 completion of its flagship project, Ongpin Tower, as it seeks to establish itself as a new player in the country’s high-end residential market.

Fisher Mall expands beyond retail with government services

Fisher Mall is strengthening its position as a one-stop destination by expanding access to government services, retail essentials, wellness offerings, and entertainment facilities under one roof.

Environment

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Technology

DICT monitors connectivity post Sarangani Bay quake; Starlink units deployed

Following the magnitude 7.8 earthquake in Sarangani Bay, the Department of Information and Communications Technology (DICT) is closely tracking telecom services across affected regions. Globe reported full operations, while Smart remains largely functional with only weak signal issues noted in parts of General Santos City, even after successfully sending emergency alerts.

Tala eyes real-time data to unlock SME credit  

Fintech lender Tala Philippines is doubling down on real-time data and artificial intelligence as it seeks to expand access to financing for the country's vast but underserved micro, small, and medium enterprise (MSME) sector.

Gov’t digitalizing OFW services with Maya

Maya, the country’s top digital financial platform, has partnered with the Commission on Filipinos Overseas (CFO) to modernize how government services are delivered to Filipinos living abroad through fast, secure digital payments.

GCash to launch in-app OTP by June 22 for stronger security

GCash will roll out its new in-app one-time password feature on June 22, 2026, replacing SMS-based authentication to better protect users from phishing and financial fraud.

Health & Science

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Opinion

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.

Senate power shift risks Estrada-style backlash

The sudden leadership shake-up in the Senate ahead of the impeachment trial of Vice President Sara Dutertel may yet prove a poisoned chalice—a glittering prize that offers control today but threatens political liability tomorrow.

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.