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HD Hyundai expands $2B Philippine shipyard hub

HD Hyundai Heavy Industries is expanding in the Philippines, executing nearly USD2 billion in maritime projects while expanding its industrial footprint in Subic, a top executive announced at the Philippines–Korea Business Forum.

News Dispatch

Agriculture

DA readies P150-M fuel subsidy as oil nears $80 per barrel; says food supply steady

The Department of Agriculture (DA) said it has set aside P150 million for fuel subsidies if global oil prices average more than $80 per barrel for a month, a trigger meant to cushion farmers, fishers and public transport drivers from rising costs.

DA opens 45-day summer internship for youth

The Department of Agriculture (DA) will launch its 2026 Summer Youth Internship Program on April 24, offering young Filipinos 45 days of paid government work until June 30.

DA monitors Middle East tensions on food, trade impact

The Department of Agriculture is closely monitoring developments in the Middle East following a US airstrike on Iran, warning that a prolonged escalation could quickly ripple through Philippine agriculture through higher fuel, fertilizer, and freight costs.

Ahunan, Prime Infra launch livelihood program for Pakil farmers

Ahunan Power Inc. and Prime Infra Foundation have launched a new livelihood program in Pakil, Laguna to help local farmers increase their income through mushroom growing and vermicomposting.

Corporate

Distributor shifts from importer to manufacturer with new Batangas facility

Fly Ace Corp., long known as a distributor of imported food brands in the Philippines, is building a seven-hectare production facility at the LIMA Estate in Batangas. The project marks a major shift in the company’s strategy—from mainly importing and distributing goods to becoming a local manufacturer.

Telco unveils rewards program, turns points into daily essentials

Globe Telecom has unveiled its 2026 Rewards program, underscoring a stronger push to make customer loyalty more meaningful and practical as economic pressures persist.

Jollibee Group, DepEd launch SHS QSR program to boost youth employability

The Jollibee Group has partnered with the Department of Education (DepEd) to co-develop a new Senior High School (SHS) Quick Service Restaurant (QSR) Tech Pro elective under the country’s strengthened SHS curriculum.

Asian Terminals to voluntarily delist from PSE

Asian Terminals, Inc. (ATI) is set to voluntarily delist from the Philippine Stock Exchange (PSE) after the Maharlika Investment Corporation’s (MIC) tender offer reached the required threshold.

Banking & Insurance

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Corporate Bulletins

Eastern Comms boosts renewable energy use to 10% with geothermal deal 

Eastern Communications (Eastern Comms) has partnered with First Gen Corporation to raise its renewable energy use to 10 percent, up from just 2 percent.

Lender wins dual global honors at International Finance Awards 2025

Asialink Finance Corporation (AFC) has been recognized with two major honors at the International Finance Awards 2025 in Bangkok, Thailand, strengthening its position as a leading financial services provider in the Philippines.

DLSU Laguna plugs into renewable power 

De La Salle University has shifted its Laguna campus to 100 percent renewable energy, signing a supply deal with ACEN Renewable Energy Solutions, the retail electricity arm of the Ayala group.

Manila Water boosts fire safety with 3,300 hydrants in East Zone

Manila Water has strengthened its fire safety efforts by maintaining and checking more than 3,300 working fire hydrants across its East Zone service area as part of Fire Prevention Month this March.

Social Responsibility & Sustainability

Jollibee Group, DepEd launch SHS QSR program to boost youth employability

The Jollibee Group has partnered with the Department of Education (DepEd) to co-develop a new Senior High School (SHS) Quick Service Restaurant (QSR) Tech Pro elective under the country’s strengthened SHS curriculum.

CIAC seals deals protecting heritage, secure food supply

The Clark International Airport Corp. (CIAC) has signed two agreements aimed at protecting heritage, improving food security, and boosting economic growth in Central Luzon and beyond.

Vivant hands over solar system to Palawan school

Vivant Corp., through its Vivant Foundation, has turned over an 18.7-kilowatt solar power system to Canipo Integrated School in Coron.

AEV emerges as ESG leader in 2025 S&P Global rankings

Aboitiz Equity Ventures, Inc. (AEV) ranked among the top three Philippine conglomerates in the 2025 ESG Ratings of S&P Global, highlighting the company’s strong governance practices and people-focused programs.

Markets

Jollibee weighs Vietnam IPO for Highlands

Jollibee Foods Corp., one of the largest fast food chain in Southeast Asia, is exploring a public listing for its fast-growing Vietnamese coffee arm, Highlands Coffee, in a move that could unlock fresh capital and sharpen the group’s regional expansion.

Oil, dollar surge as Middle East conflict sparks fears of energy shock

Global markets jolted into the new week after a dramatic escalation between the United States, Israel and Iran triggered fresh fears of an energy supply shock that could ripple through currencies, inflation and consumer prices worldwide.

Metro Manila real estate posts strong 2025 growth; steady expansion seen in 2026

Metro Manila’s real estate market recorded solid growth across offices, retail, residential, hospitality, and logistics in 2025, signaling sustained business and consumer activity, according to year-end data from Jones Lang LaSalle Philippines (JLL).

New SEC guidelines set stage for stronger sukuk market

The Securities and Exchange Commission (SEC) has released new guidelines governing the issuance of Sukuk, aiming to strengthen the country’s Islamic capital market and expand Shari’ah-compliant investment options for issuers and investors.

Travel

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Energy

Power giant Meralco braces for oil shock

Manila Electric Co. chairman Manuel V. Pangilinan said the country’s largest power distributor is reviewing its fuel mix as tensions in the Middle East threaten to push electricity costs higher.

DLSU Laguna plugs into renewable power 

De La Salle University has shifted its Laguna campus to 100 percent renewable energy, signing a supply deal with ACEN Renewable Energy Solutions, the retail electricity arm of the Ayala group.

Top Line posts record 2025 on retail push

Listed fuel distributor and retailer Top Line Business Development Corp. (TOP) delivered record financial results in 2025, underscoring the gains from its vertically integrated model and aggressive retail push.

DOE: PH fuel supply stable despite Middle East tensions

The Department of Energy (DOE) on Tuesday assured the public that the country has enough fuel supply despite the ongoing conflict in the Middle East.

Transport & Communications

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Property

Rockwell Land secures P7B bond approval, projects boosted

Rockwell Land Corp., the listed property development arm of the Lopez Group, has secured the green light from the Securities and Exchange Commission for a P7-billion fixed-rate bond offering, with an oversubscription option of up to P3 billion to meet strong investor demand.

SMX packs halls, breaks record

SMX Convention Center, the meetings and exhibitions arm of...

EEI lands P1.6B project boost

Construction heavyweight EEI Corp. kicked off 2026 on solid footing after securing major real estate contracts worth a combined P1.6 billion in the first two months of the year.

SM moves to keep shoppers engaged and spending

At SM Investments Corp., growth is not just measured in pesos. It is measured in footsteps, baskets, and lingering smiles. The company has mastered the art of giving consumers reasons to return again and again.

Environment

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Technology

Eastern Comms boosts renewable energy use to 10% with geothermal deal 

Eastern Communications (Eastern Comms) has partnered with First Gen Corporation to raise its renewable energy use to 10 percent, up from just 2 percent.

Smart and Lynk Global complete sarellite-to-phone tests in Ilocos Norte

Smart Communications, Inc. and its partner Lynk Global have successfully completed new field tests of their Direct-to-Device (D2D) satellite service in the province’s coastal towns of Burgos, Bangui, and Pagudpud.

LG launches nationwide hunt for oldest working aircon 

LG Electronics Philippines has launched a nationwide search for the country’s oldest still-working LG residential air conditioner, aiming to highlight the durability and long-term performance of its products.

PLDT offers free calls to Middle East for OFWs

The PLDT Group has activated free call services to help Overseas Filipino Workers (OFWs) stay connected with their families amid rising tensions in the Middle East.

Health & Science

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Opinion

Luzviminda’s daughters: Steel, silk, sovereignty, spotlight

If you want to understand the Philippines, resist the temptation to start with its strongmen and their statues. Begin instead with its women, the quiet architects of its revolutions, the steady hands at the tiller when storms arrive.

NAIA Terminal shakeup tests airlines nerves

At Ninoy Aquino International Airport, the runway is not the only thing shifting. Airlines are now studying a government proposal to redraw the airport map itself, clustering carriers by business model in a sweeping terminal realignment. 

When safety grounds flights, bills soar

Gilbert had barely settled into his seat on a Friday evening flight bound for Manila, pleased to be heading home after several days of meetings in Mindanao. An hour later, the single-aisle jet remained parked on the tarmac at Francisco Bangoy International Airport, engines silent, cabin restless.

Smoke Without Fire, Markets Without Rules

When the Environmental Protection Agency (EPA) discards its own scientific “endangerment finding,” it does more than revise a memo from 2009. It performs a kind of regulatory alchemy: turning greenhouse gases from legally recognized threats into political inconveniences.

Sports & Entertainment

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Exclusive

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.

Aboitiz focus on industry, townships follow jobs

For three decades, the Aboitiz Group has been quietly building a real estate portfolio that spans homes, offices, and commercial spaces. But in recent years, it has made a deliberate pivot away from crowded residential battlegrounds toward a less glamorous, far more strategic corner of the market: industrial development. The bet is simple but bold—build where factories, logistics, and infrastructure go first, and let communities grow organically around them.