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Agriculture
Bounty Fresh bolsters gamefowl feed options with Warhawk acquisition
Bounty Fresh Group Holdings has strengthened its foothold in the poultry sector through the acquisition of Warhawk, a leading gamefowl feed brand, now officially part of its subsidiary, Inoza Feeds.
DA rolls out nitrate-testing labs to improve food safety
The Department of Agriculture (DA) is investing P55 million to strengthen food safety monitoring by upgrading laboratories that can detect nitrate and nitrite contaminants in vegetables and other plant-based foods.
DA ramps up swine repopulation to recover from ASF losses
The Department of Agriculture (DA) is speeding up efforts to rebuild the country’s hog industry after heavy losses from African Swine Fever (ASF).
TESDA, Nestlé expand coffee training for farmers
The Technical Education and Skills Development Authority (TESDA) and Nestlé Philippines are ramping up a joint initiative to upskill Filipino coffee farmers, aiming to boost productivity, enhance bean quality, and create more sustainable livelihoods in rural communities.
Corporate
Power, toll roads lift MPIC earning in first quarter
Metro Pacific Investments Corp. reported a 5 percent increase in first-quarter income to P6.9 billion from P6.6 billion a year ago, despite higher energy prices and global market volatility.
URC 1Q profits slip 2% despite strong sales growth
Universal Robina Corp. reported a 2 percent drop in net income for the first quarter to P3.97 billion from P4.05 billion a year earlier, despite higher sales driven by strong demand across its food businesses.
EastWest loan and deposit growth drive strong Q1 results
EastWest Banking Corporation reported a net income of P1.9 billion in the first quarter of 2026, supported by growth in its core banking businesses despite challenging economic and geopolitical conditions.
Converge accelerates expansion with new customer centers in Bohol, Palawan
Converge ICT Solutions Inc. is expanding its customer service reach in the Philippines with the opening of new business centers in Bohol and Palawan, aiming to improve access to broadband services and local support.
Corporate Bulletins
Converge accelerates expansion with new customer centers in Bohol, Palawan
Converge ICT Solutions Inc. is expanding its customer service reach in the Philippines with the opening of new business centers in Bohol and Palawan, aiming to improve access to broadband services and local support.
BDO Life named Top Insurance Choice among Gen
BDO Life has been named the top insurance brand considered by Gen Z consumers at the 2026 Synergy–YouGov Awards, based on nationwide consumer tracking by YouGov BrandIndex in 2025.
Security Bank expands reach in Pangasinan, Ilocos Sur
Security Bank Corp. has opened new branches in San Carlos, Pangasinan and Candon, Ilocos Sur as part of its efforts to expand banking access in Northern Luzon.
MWPV marks 11 years of expansion, strengthens water services nationwide
The Manila Water Company subsidiary Manila Water Philippine Ventures (MWPV) celebrated its 11th anniversary by highlighting major gains in water service expansion, operational efficiency, and infrastructure development across the Philippines.
Social Responsibility & Sustainability
Pilmico turns plywood walls to brighter classroom dreams
In Barangay Dalipuga, Iligan City, learning just got a much-needed upgrade—and it shows. A cramped, poorly ventilated plywood room that once doubled as a daycare has been replaced by a new concrete facility under Project EduCare, giving young children a space that finally feels like it was built with them in mind.
Lender powers 100 branches with renewable energy
The Bank of the Philippine Islands (BPI) has reached a key sustainability milestone, with 100 of its branches now running entirely on renewable energy.
San Jose del Monte seizes control of PrimeWater operations
The San Jose del Monte city government has assumed control of water supply operations formerly managed by PrimeWater Infrastructure Corp., responding to a deepening distribution crisis that has left thousands of households without reliable access.
Manila Water strengthens heat safety measures for workers amid rising temperatures
Manila Water has rolled out additional safety measures to protect its workers and contractors from heat-related illnesses as high temperatures continue across Metro Manila’s East Zone and Rizal Province.
Markets
PSEi range-bound amid global risks, weak peso
The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.
Peso slides, stocks stall as caution builds
Philippine financial markets are in a consolidation phase, with the peso and equities under pressure as tighter monetary conditions and inflation concerns weigh on sentiment.
Women entrepreneurs drive economy but need more support to scale
Filipina entrepreneurs—many of them mothers—play a major role in the Philippine economy, owning 66 percent of existing businesses and 62 percent of newly registered enterprises. Despite this strong presence, many women-led micro, small, and medium enterprises (MSMEs) struggle to grow due to limited access to funding, low digital adoption, and the challenge of balancing business and family responsibilities.
Peso stalls, stocks drift amid global uncertainty
The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.
Energy
SPC Power sets P3-B capex for battery, solar expansion
SPC Power Corp. has set aside P3 billion in capital expenditures for 2026 to support the development of battery energy storage system (BESS) and solar power projects.
OceanaGold rides strong metals prices, boosts returns
OceanaGold Philippines posted a strong first-quarter performance as elevated gold prices and steady production lifted cash flow and strengthened its capacity to sustain shareholder returns while expanding exploration activities at the Didipio mine.
Regulators roll out measures to cushion power price hikes
The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) said steps are in place to help protect consumers from rising electricity costs.
Rule change seen boosting solar and energy storage projects
The Philippine Solar and Storage Energy Alliance (PSSEA) said the policy changes the government has adopted will help speed up the country’s renewable energy development, especially for solar power and battery storage systems.
Property
Arca South Main Street boosts Taguig urban life
Ayala Land has unveiled Arca South Main Street, a pedestrian-friendly corridor set to become the vibrant spine of its expanding mixed-use estate in Taguig City. More than a retail promenade, the street is designed to enhance connectivity, mobility, and community engagement within the bustling development.
Aboitiz Land launches vibrant community in Cabanatuan
Aboitiz Land is expanding its footprint outside Metro Manila with the launch of Ajoya Cabanatuan, a 19-hectare masterplanned community in Nueva Ecija, Central Luzon’s emerging urban corridor.
TARI Estate emerging as Central Luzon’s next major industrial hub
TARI Estate is rapidly positioning itself as Central Luzon’s next major industrial hub as manufacturers increasingly expand beyond traditional economic centers in South Luzon.
Ayala Land boosts recurring revenues with Arca South mall
Ayala Land is deepening its push into stable, recurring income streams with the opening of Ayala Malls Arca South, a 100,000-square-meter retail hub set to anchor long-term commercial activity in its emerging Arca South estate.
Technology
Simplify processes, then digitalization, GSIS chief advises
The Government Service Insurance System (GSIS), the state-owned pension fund for public sector workers, is taking a counterintuitive path to government modernization: simplifying processes before rushing into digitalization.
Radius Telecoms boosts connectivity for 2026 ASEAN Leaders’ Summit in Cebu
Radius Telecoms, Inc. has strengthened internet connectivity and network reliability in key locations in Lapu-Lapu City ahead of the 48th ASEAN Leaders’ Summit on May 7-8, 2026.
Globe At Home offers free internet speed boost amid rising costs and energy concerns
Globe At Home is giving its customers a free internet speed upgrade of up to 1Gbps as part of its effort to help Filipino households cope with rising living costs and the ongoing energy situation.
DICT targets up to 80% cut in broadband costs by 2028
The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.
Opinion
A house divided: Lopez family rift tests corporate governance
“Every kingdom divided against itself is brought to desolation, and every house divided against itself will not stand.” In the Lopez corporate universe, the verse now reads less like scripture and more like a live governance case file—complete with injunctions, contested boardrooms, and competing versions of who nearly switched off the lights.
The Days Ahead
Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.
Fuel crisis or policy gap?
Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.
Choked Hormuz puts global food supply at risk
Food, not fuel, may prove the first and most immediate casualty of the Middle East conflict as disruption grips the Strait of Hormuz, a narrow sea lane with an outsized role in feeding the world.
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.
