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Global factors slow foreign investment inflows despite strong manufacturing interest 

Foreign direct investment (FDI) slowed down during the first four months of the year, as international companies pulled back on lending and retained earnings, overriding a noticeable bump in fresh equity investments. According to the latest data from the Bangko Sentral ng Pilipinas (BSP), this dip reflects a shift in how multinational companies are funding their local operations rather than a total loss of interest in the country's economy.

News Dispatch

Agriculture

DA rolls out mechanical dryers ahead of 2027 wet season rice harvest

The Department of Agriculture (DA) is set to complete the distribution of 380 mechanical drying systems across the country in time for the 2027 wet season harvest — the largest deployment of such facilities in the nation’s history.

Japan backs new BARMM aquaculture and halal feed mill project

The Government of Japan and the United Nations Food and Agriculture Organization (FAO) have launched a new aquaculture initiative in the Bangsamoro region to boost local livelihoods, curb fish production losses, and help rehabilitate inmates.

Nebraska eyes bigger farm partnership with Philippines

The Philippines could unlock fresh opportunities to modernize its agriculture sector as the US state of Nebraska seeks to expand cooperation in livestock, biofuels, and agricultural technology to help strengthen the country's food security and rural economy.

Rice imports rise 20% over six months; DA vows measures to protect local farmers

The Philippines imported 2.75 million metric tons of rice in the first six months of 2026, a 20.1 percent increase from the 2.29 million MT recorded in the same period last year, the Department of Agriculture (DA) announced Wednesday in Quezon City.

Corporate

Lance Gokongwei joins PhilWeb board

PhilWeb has landed a heavyweight addition to its boardroom, welcoming businessman Lance Y. Gokongwei as director following his recent P2.03-billion strategic investment in the listed technology company. 

BIR digital award fuels next wave of tax reforms

The Bureau of Internal Revenue (BIR) is accelerating its digital transformation drive after winning an international award for innovation, signaling its commitment to making tax compliance easier while improving the efficiency of revenue collection.

Clark Airport boosts gov’t coffers with record dividends 

The Clark International Airport Corporation (CIAC) has delivered a major financial boost to the country by remitting a record-breaking ₱585.71 million in dividends to the National Treasury.

Converge to power Miriam College smart campus for centennial year

Converge ICT Solutions Inc. will provide enterprise-grade connectivity to Miriam College as the institution marks its 100th year, supporting its shift to a smart campus.

Banking & Insurance

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Corporate Bulletins

Lance Gokongwei joins PhilWeb board

PhilWeb has landed a heavyweight addition to its boardroom, welcoming businessman Lance Y. Gokongwei as director following his recent P2.03-billion strategic investment in the listed technology company. 

BIR digital award fuels next wave of tax reforms

The Bureau of Internal Revenue (BIR) is accelerating its digital transformation drive after winning an international award for innovation, signaling its commitment to making tax compliance easier while improving the efficiency of revenue collection.

Converge to power Miriam College smart campus for centennial year

Converge ICT Solutions Inc. will provide enterprise-grade connectivity to Miriam College as the institution marks its 100th year, supporting its shift to a smart campus.

Fortinet names new SVP for Asia Pacific

Global cybersecurity firm Fortinet has appointed Luca Simonelli as senior vice president for the Asia Pacific (APAC) region.

Social Responsibility & Sustainability

Skills, not just steaks, on Pilmico’s cutting board

In business, the sharpest investment isn't always a new production line or gleaming machinery. Sometimes, it is handing someone a knife—after the proper training, of course.

AIA, BPI AIA launch new health plans, support Kythe Foundation

AIA Philippines and BPI AIA have introduced two new health insurance products—AIA Critical Protect Plus and BPI AIA MultiCare Protect—while donating to the Kythe Foundation to help children with cancer.

McDonald’s Philippines joins Brigada Eskwela, deploys 10,000 volunteers

McDonald's Philippines has partnered once more with the Department of Education's Brigada Eskwela ahead of the new school year, sending over 10,000 staff volunteers to support more than 700 public schools nationwide.

Julie’s Bakeshop powers sustainability via smarter energy strategy  

Julie’s Bakeshop is taking a bigger bite out of its energy costs after tapping Vivant Energy Corp.'s retail electricity arm, COREnergy, to power its commissary operations, underscoring how energy procurement is becoming a competitive advantage for Philippine manufacturers.

Markets

SAMA debut gives Filipino brands regional growth springboard

The launch of the Strategic Asia Marketing Alliance (SAMA) Philippines is opening a new gateway for Filipino brands seeking to expand across Southeast Asia, giving businesses access to a regional network of independent marketing agencies through a single local partner.

Peso holds ground while politics tests market confidence 

The peso appears to have found its footing, but investors know that calm currencies do not always guarantee calm markets.

Lazada deepens MSME drive via digital skills partnership

Lazada Philippines is stepping up its support for micro, small and medium enterprises (MSMEs), expanding partnerships with government agencies and relaunching its LazGrow Together program to help more Filipino entrepreneurs compete in the country's fast-growing digital economy.

Calmer oil, cheaper fuel buoy local equities

Philippine shares could finally catch their breath this week.

Travel

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Energy

Australian-backed solar investor powers P3.34B Batangas expansion project

The Philippine Economic Zone Authority (PEZA) has formalized the registration of Philippine Aurion Solar Technologies Inc., clearing the way for the expansion of a P3.34-billion manufacturing facility in Batangas as the Philippines positions itself as a rising hub for renewable energy production.

Meralco power rates rise as fuel costs surge

Electricity bills are climbing again in July as higher fuel costs, tighter power supply and increased taxes combined to drive up power rates, underscoring the Philippines' continued exposure to global energy price swings and supply disruptions.

PCCI backs ERC reforms to boost investment climate

The Philippine Chamber of Commerce and Industry (PCCI) has thrown its support behind the Energy Regulatory Commission's (ERC) latest reforms, saying the measures could improve the country's investment climate by lowering electricity costs, expanding consumer choice, and speeding up regulatory approvals.

MCC grant boosts Philippine reforms, energy investment prospects

The Philippines has secured a USD60 million Threshold Program grant from the US Millennium Challenge Corp.

Transport & Communications

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Property

Iloilo emerges as Philippines’ next provincial office powerhouse

Iloilo is no longer merely an alternative to Metro Manila and Cebu. It is increasingly becoming a destination in its own right for businesses seeking growth, talent, and room to expand, according to a new Colliers Philippines market report.

SM Prime unveils P7 billion SM Seaside Cebu Arena

SM Prime Holdings Inc. officially introduced its new SM Seaside Cebu Arena to business and industry partners on Thursday, advancing development at its South Road Properties (SRP) estate.

Pag-IBIG cuts housing loan rates, raises borrowing cap 

The government is making homeownership more affordable after the...

North property boom builds on Pax Silica optimism

Residential property demand is gathering pace north of Metro Manila, with land values in key Central Luzon growth corridors climbing far faster than in the more established southern market as infrastructure upgrades and industrial investments reshape the country's next housing hotspots.

Environment

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Technology

TP expands Pasay hub, creates 1,000 new jobs

Global digital business services provider TP is deepening its investment in the Philippines with the opening of its 29th local site, reinforcing confidence in the country's position as a leading hub for IT-business process management (IT-BPM) and AI-enabled customer experience services.

The endless chess match: Globe’s multi-layered battle vs evolving digital scams

The fight against digital fraud is an ongoing game of cat and mouse. Every time the telecommunications industry shuts down one pathway for scammers, cybercriminals pivot to find another. As providers successfully block malicious links, spoofed text messages, and SIM-based fraud, fraudsters simply adapt, proving that cybersecurity requires continuous innovation rather than a one-time fix.

Globe honored by DICT as PH nears 100% internet access

Decades of efforts to connect the Philippines’ over 7,000 islands are nearing success, with full nationwide internet access expected by end-July, DICT Secretary Henry Aguda announced during the close of 2026 National ICT Month and the agency’s 10th anniversary.

BSP launches book reviewing decades of financial crises and resilience in the Philippines

The Bangko Sentral ng Pilipinas (BSP) released its new publication Risk and Resilience in the Philippine Financial System: How Much Has Changed on 3 July 2026, coinciding with the central bank’s 33rd anniversary celebrations at its Manila headquarters.

Health & Science

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Opinion

Cockfighting returns to New World, history refuses to stay caged

Cockfighting has always occupied a peculiar corner of the Filipino psyche. It is at once sport, spectacle, business, culture—and depending on whom you ask, either cherished heritage or a tradition overdue for reckoning.

Phoenix pumps more assets into the recovery tank

Every gas station has two values: the fuel it...

Upper-middle income, yet many Filipinos still feel left behind

The Philippines has earned an economic promotion. The World Bank now classifies it as an upper-middle-income economy, a milestone reached after years of growth and a steady post-pandemic recovery under President Ferdinand Marcos Jr.

The great fork heist and other national priorities

At long last, the public can sleep soundly. The National Capital Region Police Office has announced the arrest of a 43-year-old man accused of attempting to make off with 26 forks and seven silver spoons from a Manila hotel—the estimated value of the alleged loot is P12,658.14.

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.