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Philippine exporters leave £92M UK tariff benefits unclaimed

Philippine exporters left an estimated £92 million, or about P7.7 billion, worth of eligible shipments to the United Kingdom without claiming preferential tariff treatment in 2025, highlighting a potentially costly gap in the use of the UK’s Developing Countries Trading Scheme (DCTS).

News Dispatch

Agriculture

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

Sugar imports only a market tool, not policy — DA chief

Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.

Agri damage hits P1.73B; TD Neneng now included

Agricultural losses from the enhanced monsoon and storms Luis, Maymay, and TD Neneng rose to P1.73B, the DA said in its Aug. 20, 7 a.m. advisory — up from P1.42B on Aug. 17 before Neneng’s effects were tallied.

Corporate

NLEX Corp. Six-month net income rises 2% to ₱7.46B; toll gains offset traffic dip, cost pressures

NLEX Corporation reported a 2 percent rise in first-half 2026 net income, climbing to ₱7.46 billion from ₱7.33 billion in the same period a year earlier, as higher toll revenues countered softer traffic volumes and steeper operating and maintenance costs driven by an ongoing fuel price crisis.

Public, private sectors boost Central Visayas PPP readiness

Public and private sector leaders gathered July 28–29, 2026 at Cebu Parklane International Hotel for the PPP Ready seminar, uniting to strengthen collaboration and speed up infrastructure development across Central Visayas.

Sta. Lucia Land earnings decline despite cost cuts

Sta. Lucia Land Inc. posted a lower net income of P1.37 billion in the first six months of 2026, down 8 percent from P1.49 billion a year earlier, as weaker property sales and other income offset significant reductions in operating expenses.

Ex-Transporation chief elected to San Miguel board 

San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.

Banking & Insurance

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Corporate Bulletins

Public, private sectors boost Central Visayas PPP readiness

Public and private sector leaders gathered July 28–29, 2026 at Cebu Parklane International Hotel for the PPP Ready seminar, uniting to strengthen collaboration and speed up infrastructure development across Central Visayas.

Ex-Transporation chief elected to San Miguel board 

San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.

SM Group wins 12 Stevies across business, communities

Even a shopping mall, for the SM Group, apparently, can moonlight as a library, an art gallery, an environmental command center, and a community hub.

Robinsons Land’s Kerwin Tan named CFO of the Year

Kerwin Max S. Tan, chief financial, risk and compliance officer of Robinsons Land Corp. (RLC), has been awarded CFO of the Year at the 25th Global Edition of the Asia Business Leader of the Year Awards in Singapore.

Social Responsibility & Sustainability

Aboitiz pushes circular economy across businesses 

The Aboitiz Group is broadening its circular economy strategy across its businesses, seeking to turn waste, water, energy, and other resources into inputs for other industries as rapid urbanization and industrial growth put mounting pressure on infrastructure and natural resources.

When floodwaters rose, Meralco brought relief

The floodwaters came fast, swallowing roads, closing small businesses, and turning familiar streets into stretches of murky water.

CIAC turns over 250 ChariTimba food packs to aid flood-hit Pampanga families

Clark International Airport Corp. (CIAC) provided relief to flood-affected families in Pampanga on Tuesday, turning over 250 ChariTimba food packs to the Social Action Center of Pampanga, Inc. (SACOP).

Globe offers free roaming services in Indonesia after Flores Island quake

Following the magnitude 7.7 earthquake off Flores Island, Indonesia, Globe is extending free call, text, and data services to its customers in the country to support emergency communication. The quake caused widespread damage, landslides, power outages, and displacement, with rescue efforts still ongoing.

Markets

Harbor Star leads PSE weekly gainers, Swift Foods slides

Harbor Star Shipping Services Inc. led the Philippine Stock Exchange’s (PSE) weekly price gainers, while Swift Foods Inc. posted the steepest decline, according to the latest PSE market data.

SEC seeks public input on market-making rules

The Securities and Exchange Commission is seeking public comments on proposed rules governing market making, a practice intended to make it easier for investors to buy and sell securities while keeping trading orderly and transparent.

Mega Sardines lands in 2,750 Kroger stores nationwide

Filipino canned sardines brand Mega Sardines has secured a major foothold in the US mainstream grocery market, entering at least 2,750 stores of supermarket giant Kroger as Mega Global Corp. accelerates its international expansion.

UNIQLO brings Filipino craftsmanship into everyday fashion

Filipino craftsmanship is getting a modern platform through UNIQLO’s Re.UNIQLO Studio, which has introduced Special Artisan Patches inspired by indigenous communities across Luzon, Visayas, and Mindanao.

Travel

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Energy

Middle East conflicts force another weekly spike in local fuel prices

Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

PNB Holdings, First Gen expand ties with 5MW renewable energy supply deal

PNB Holdings Corporation (PHC), the real estate arm of Philippine National Bank, has signed a deal with First Gen Group, the country’s leading renewable energy firm, for the direct supply of over 5 megawatts (MW) of clean power to two of its flagship properties, deepening ties between the Lucio Tan Group and the energy company.

Marcos EO 122 sets unified critical minerals policy, links mining growth to shared national progress

President Ferdinand R. Marcos Jr. has issued Executive Order No. 122, establishing for the first time a single national policy framework to develop the country’s critical minerals sector—an action designed to position the country as a key player in the global clean-energy and technology supply chain while delivering broad economic and social benefits for Filipinos. Signed August 21, the order also restructures the Mining Industry Coordinating Council (MICC) to drive coordinated, strategic growth across the industry.

Vivant’s COREnergy to supply 0.6MW power to Cebu’s JEG Tower under 2-year fixed-rate deal

COREnergy, the energy retail subsidiary of listed firm Vivant Corp., has secured a contract to supply 0.6 megawatts of electricity to JEG Tower in Cebu City, marking a key expansion of its commercial client base and advancing its parent group’s broader energy investment and growth targets.

Transport & Communications

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Property

Makro secures four Ayala Land sites for expansion

Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.

RLC sees bigger REIT asset recycling opportunities

Robinsons Land Corp. (RLC) is eyeing a bigger asset-recycling program through RL Commercial REIT Inc. (RCR), with more malls and offices available for potential infusion as the property developer shifts toward recurring income.

Ayala Land starts turnover of Naga employee homes

BellaVita, the socialized housing arm of Ayala Land Inc., has started turning over homes to Naga City government employees under a program covering 1,011 units at BellaVita Naga in Barangay Pacol.

AREIT eyes October approval for P17.33B swap

AREIT Inc. is moving toward an October regulatory filing for its P17.33-billion property-for-share swap with Ayala Land Inc. and four subsidiaries, a transaction that will bring six shopping mall and hotel assets into the real estate investment trust’s portfolio and potentially strengthen recurring cash flow and dividends.

Environment

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Technology

Converge steps up online child protection; blocked 12B harmful content requests in 2025

Fiber broadband provider Converge ICT Solutions Inc. has strengthened its efforts to create a safer online environment, particularly for children, denying nearly 12 billion requests to dangerous or inappropriate websites in 2025 and blacklisting more than 72,000 associated domains.

Maya puts users in control as it bolsters cybersecurity for digital financial services

Maya has stepped up its cybersecurity framework, placing greater control directly in users’ hands to help protect their accounts.

LG expands ‘fit & max’ appliance lineup: space-smart design without compromise on performance

For households navigating compact condos, apartments, or family homes, finding appliances that fit limited spaces without sacrificing capacity, performance, or convenience has long been a common challenge.

Globe bolsters online safeguards, blocks violence-linked sites; backs unified industry and government action

Globe is strengthening its online safety safeguards and blocking hundreds of websites that promote or depict extreme violence — including content related to school shootings — as part of broader efforts to protect children and young people from harmful digital material.

Health & Science

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Opinion

Violent games are no simple school-shooting trigger

Every generation gets its villain. In 1979, it was Voltes V and other Japanese robot cartoons. Today, as the Philippines confronts fresh school shootings, the finger is pointing at Roblox.

Tighten gun laws after school shootings

The livestreamed shooting at a school affiliated with Ateneo de Zamboanga University should end the country’s familiar cycle of outrage, condolences, and calls for tighter security. It should instead trigger a harder look at how firearms are acquired, stored, and kept out of the hands of those who should never have them.

EDSA puts Dizon to the test

Public Works Secretary Vince Dizon spent much of the past year cultivating the image of a no-nonsense reformer determined to clean up one of government’s most corruption-tainted agencies.

Lawyers still owe decency in impeachment trial

Impeachment may be political. It may be bruising, theatrical, and occasionally combustible. But it is still a legal proceeding, and lawyers do not get a temporary exemption from good manners simply because the stakes are high.

Sports & Entertainment

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Exclusive

Vivant Water sees 2026 as launchpad for bigger growth 

Vivant Water is treating 2026 as a pivotal year as it moves from building its presence across the water industry to scaling operations, investments, and its project pipeline.

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.