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Majority of Filipino adults now have financial accounts – BSP

A Social Weather Stations (SWS) survey commissioned by the Bangko Sentral ng Pilipinas (BSP) shows 58 percent of Filipino adults owned formal financial accounts in the first quarter of 2026 — up from 5 percent in 2025 and 48 percent in early 2025.

News Dispatch

Agriculture

DA reopens Belgian poultry imports after bird flu review

The Department of Agriculture has lifted its temporary ban on poultry imports from Belgium after Philippine veterinary authorities concluded that the European nation had established sufficient safeguards against High Pathogenicity Avian Influenza (HPAI).

DA launches unified framework to boost agricultural cooperatives, food security

The Department of Agriculture (DA), together with the Department of the Interior and Local Government (DILG) and Cooperative Development Authority (CDA), has launched a joint policy framework to strengthen support for agricultural cooperatives nationwide.

President Marcos expands pork imports amid supply shortages  

Ferdinand Marcos Jr. has signed Executive Order No. 116, increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons to help ease supply shortages and stabilize prices amid the lingering impact of African Swine Fever.

Agri group urges rejection of proposed nutrient model over food security fears

The Philippine Chamber of Agriculture and Food Inc. (PCAFI) is asking President Marcos Jr. to reject the 2026 Philippine Nutrient Profile Model (PNPM) proposed by the Department of Health.

Corporate

Manila Water’s Upper Wawa Dam named Global Water Project of the Year

East Zone concessionaire Manila Water announced its Upper Wawa Dam has won Water Project of the Year at the 2026 Global Water Awards, held in Madrid, Spain alongside the Global Water Summit.

GCash unveils all-in-one travel protection and connectivity for groups

Summer trips often begin with a simple invitation in a group chat, but excitement can quickly fade due to common travel issues such as flight delays, lost baggage, or medical emergencies.

Home Credit boosts employee financial welness amid resilience gap

While financial literacy among Filipino adults rose to 74 percent in 2025 (up from 69 percent in 2021), only 30 percent have enough savings for emergencies, per the latest Bangko Sentral ng Pilipinas survey.

Lenovo posts record annual results, AI becomes key growth driver

Lenovo Group reported its strongest full-year performance ever for fiscal 2025/26, with total revenue hitting US$83.1 billion—up 20 percent year-on-year—and adjusted net income rising 42 percent to US$2 billion.

Banking & Insurance

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Corporate Bulletins

Manila Water’s Upper Wawa Dam named Global Water Project of the Year

East Zone concessionaire Manila Water announced its Upper Wawa Dam has won Water Project of the Year at the 2026 Global Water Awards, held in Madrid, Spain alongside the Global Water Summit.

GCash unveils all-in-one travel protection and connectivity for groups

Summer trips often begin with a simple invitation in a group chat, but excitement can quickly fade due to common travel issues such as flight delays, lost baggage, or medical emergencies.

BPI Foundation, Knowledge Channel team up to bring financial literacy to public schools

In a major move to equip young Filipinos with vital money management skills, BPI Foundation, Inc. (BPIF) has partnered with Knowledge Channel Foundation, Inc. (KCFI) to deliver specialized financial education content and learning materials to public schools across the country.

Jollibee opens new Manhattan store, grows North America presence

Jollibee has opened its third store in Manhattan, New York, located at 14 East 42nd Street near Grand Central Station. Launching last March 31, 2026, the outlet serves customers daily from 9:00 AM to midnight, offering dine-in, take-out, online orders, and catering services.

Social Responsibility & Sustainability

Home Credit boosts employee financial welness amid resilience gap

While financial literacy among Filipino adults rose to 74 percent in 2025 (up from 69 percent in 2021), only 30 percent have enough savings for emergencies, per the latest Bangko Sentral ng Pilipinas survey.

 Ayala Land hits the brakes on cars, not fun

Ayala Land, Inc. is bringing its popular Car-Free Sundays to Davao and Negros, giving residents a rare chance to reclaim city streets for people instead of traffic. 

foodpanda Philippines distributes P62M rider incentives

foodpanda Philippines has distributed over P62 million in incentives to its Ka-panda delivery partners from March to May 2026 through nationwide add-on incentive quests aimed at boosting rider earnings and engagement.

MPIF assesing Tubbataha Reefs health in exploration dive

Metro Pacific Investments Foundation (MPIF) is holding the Shore It Up! Tubbataha Exploration Dive until May 27, 2026, by bringing together experts to assess the health of the Tubbataha Reefs Natural Park — a critical Philippine marine sanctuary and global biodiversity site in the Sulu Sea.

Markets

Filipinos shift toward affordable, convenience-led retail

The Philippine retail landscape is undergoing a clear shift as consumers increasingly prioritize affordability and convenience, driving a rebound for neighborhood sari-sari stores while traditional supermarkets continue to lose ground.

 Senator Aquino wars new ad rules burden MSMEs

Senator Bam Aquino has once again criticized the Department of Trade and Industry (DTI), raising concerns that a proposed regulation requiring permits for advertisements and promotional campaigns could create an additional bureaucratic burden for micro, small, and medium enterprises (MSMEs) and online sellers.

Peso near lows as markets turn defensive

The Philippine peso is again nearing record lows as persistent inflation, geopolitical tensions, and strong US dollar demand continue to pressure local markets. Rizal Commercial Banking Corp. chief economist Michael Ricafort said the peso could retest historic weakness after falling 1.8% this week and approaching the April 30 intraday low of P61.75 against the dollar.

Blue chips signal medium-term PSEi opportunity 

The Philippine stock market remains cautiously constructive as investors weigh short-term macro headwinds against improving medium-term earnings visibility.

Travel

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Energy

Filinvest inaugurates its new large-scale solar power project

The Filinvest Group inaugurated its first large-scale solar power project, a 20.774-megawatt peak (MWp) facility located in the PHIVIDEC Industrial Estate, Tagoloan, Misamis Oriental.

SM Investments powers up renewables, cuts emissions 

SM Investments Corp. is turbocharging its clean energy push, with renewables powering 31 percent of its operations in 2025, up from 27 percent in 2024. 

Caltex widens network, reaches 600 Philippines stations

Chevron Philippines is accelerating the expansion of its retail fuel network as Caltex reached the 600-station mark nationwide following the opening of six new service stations in the first quarter of the year.

Vivant invests big, eyes resilient growth amid uncertainty 

Vivant Corp. is cautiously optimistic about its long-term growth, committing roughly P67 billion to expand energy and water operations through 2030, reinforcing its role in nationwide infrastructure development.

Transport & Communications

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Property

Major developers explore future Bilibid township project 

Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.

Filinvest Land sees strong residential sales momentum

Filinvest Land Inc., the property development arm of the Gotianun Group, reported a 62 percent surge in March sales reservations to P2.7 billion, compared to the same month last year. 

Megawide posts strong Q1 earnings amid crisis

Megawide Construction Corp. posted a consolidated net income of P265 million in the first three months of 2026, an increase of 26 percent from the year-earlier period amid the onset of the Middle East crisis.

SM Offices says Clark Tech Hub hits full occupancy 

SM Offices, the commercial leasing arm of SM Prime Holdings, has achieved full occupancy across its 10-tower, 100,000 square meter Clark Tech Hub in Angeles City, Pampanga.

Environment

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Technology

 Aboitiz launches nationwide digits skills program

The Aboitiz Foundation is expanding its digital workforce development efforts with AIDA Plus, a new skills-to-employment platform designed to prepare more Filipinos for opportunities in the growing digital economy.

GMA Network rises to No. 13 in  global digital ranking

GMA Network climbed 11 spots to rank 13th in the Tubular Worldwide Leadership Ranking for April 2026, up from 24th place previously. Its digital content earned a total of 11.18 billion views across major platforms: 5 billion on Instagram, 3.06 billion on Facebook, 2.40 billion on TikTok, and 719 million on YouTube.

PLDT pushes sustainable growth beyond connectivity services

PLDT Inc. is accelerating its transformation from a telecommunications provider into a technology-driven company, betting on artificial intelligence, network resilience, and sustainability initiatives to drive long-term growth while balancing profitability with environmental and social commitments.

Manulife Philippines taps Manish Sangal to drive AI

Manulife Philippines has appointed Manish Sangal as deputy chief executive officer as the insurer strengthens its leadership team and accelerates its digital transformation strategy in the Philippine market.

Health & Science

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Opinion

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.

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.

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.