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Agriculture
Marcos honors outstanding farmers, delivers modern farm machinery
President Ferdinand Marcos Jr. led an agriculture event in Nueva Ecija on Monday, honoring 43 outstanding farmers and stakeholders at the 50th Gawad Saka Awards, while turning over P95.1 million worth of farm machinery to local rice farmers.
Rice price drop in June may slow inflation; broader risks remain
Inflation in June appears poised to continue its descent following May’s six‑year low of 1.3 percent—a drop largely fueled by a sharp decline in rice prices, according to the Philippine Statistics Authority (PSA).
DA rallies cold chain sector to boost food security
Agriculture Secretary Francisco P. Tiu Laurel Jr. on Thursday called on the Cold Chain Association of the Philippines (CCAP) to support the Department of Agriculture’s (DA) push to accelerate the development of cold storage infrastructure—a key component in the food security agenda of President Ferdinand Marcos Jr.
SM Weekend Market connects local farmers with urban consumers
The SM Group continues to enable inclusive development by equipping smallholder farmers with practical, sustainable farming skills, empowering them to uplift their livelihoods and strengthen food security in their communities.
Corporate
Prime Infra consolidates water assets in P37.8-B deal
Razon-led Prime Infrastructure Capital Corp. has consolidated its water-related assets in a ₱37.8 billion transaction, reinforcing its strategic foothold in the sector.
Century Pacific sets sights on outpacing GDP expansion
Century Pacific Food Inc. (CNPF), the country’s largest canned food company, is projecting sustained double-digit growth, targeting a 10 percent to 12 percent increase this year and 10 percent to 15 percent annual growth over the next three to five years—double the country’s GDP expansion.
Mitsubishi Motors joins DepEd’s Brigada Eskwela 2025
Mitsubishi Motors Philippines Corp. (MMPC) reaffirmed its commitment to corporate social responsibility by participating in the Department of Education’s (DepEd) Brigada Eskwela 2025. MMPC employees volunteered at Aplaya Elementary School and Don Jose Integrated High School in Santa Rosa City, Laguna, helping prepare classrooms for the upcoming school year.
Vantage Energy secures supply deal with Gokongwei Group
Vantage Energy, the retail electricity supply arm of Meralco, has signed a Retail Electricity Supply Agreement (RESA) with the Gokongwei Group to power 35 of its key properties nationwide.
Corporate Bulletins
Mitsubishi Motors joins DepEd’s Brigada Eskwela 2025
Mitsubishi Motors Philippines Corp. (MMPC) reaffirmed its commitment to corporate social responsibility by participating in the Department of Education’s (DepEd) Brigada Eskwela 2025. MMPC employees volunteered at Aplaya Elementary School and Don Jose Integrated High School in Santa Rosa City, Laguna, helping prepare classrooms for the upcoming school year.
Vantage Energy secures supply deal with Gokongwei Group
Vantage Energy, the retail electricity supply arm of Meralco, has signed a Retail Electricity Supply Agreement (RESA) with the Gokongwei Group to power 35 of its key properties nationwide.
GCash deepens SendWave partnership
Leading Philippine mobile wallet GCash has expanded its partnership with international remittance provider SendWave, further strengthening its cross-border money transfer capabilities for overseas Filipinos and enhancing its role in the global remittance ecosystem.
SM Prime wins big in Asian Excellence Awards
It was a proud moment for the Philippines on June 27 in Hong Kong, as SM Prime Holdings, Inc. walked away with six major honors at the 15th Asian Excellence Awards—a celebration of the best-run companies across Asia.
Social Responsibility & Sustainability
Western Visayas leaders urge urgent action on integrated water infrastructure
Western Visayas is confronting deepening water insecurity amid fast-paced economic growth—and Aboitiz InfraCapital, Inc. (AIC) and Apo Agua Infrastructura, Inc. stepped forward at Water Dialogue 2025 in Iloilo City on to catalyze a collaborative path forward.
Converge extends anti-fraud training to educators
Converge ICT Solutions Inc., a leading fiber broadband provider, reinforced its corporate social responsibility and digital advocacy by extending online fraud awareness training to educators, highlighting its broader commercial commitment to safe digital environments.
Shakey’s deepens inclusivity drive with QC hiring pact
Shakey’s Pizza Asia Ventures, Inc. (SPAVI) has signed a memorandum of agreement with the Quezon City government to open employment opportunities for senior citizens and persons with disabilities (PWDs) across its company-owned stores in the area, reinforcing the Group’s broader commitment to inclusive hiring.
Shakey’s spreads smiles in Quezon City with inclusive hirings
Shakey’s Pizza Asia Ventures Inc., a food company listed...
Markets
Nike shares soar despite Q4 earnings fall
Shares of Nike Inc. surged 15 percent on Friday, as investors embraced the company's upbeat outlook and strategic “Win Now” plan, despite a steep drop in both quarterly and full-year earnings for the period ending May 31.
Hotel101 rings Nasdaq bell; nears debut
DoubleDragon Corp. founders Tony Tan Caktiong and Edgar “Injap” Sia II led Hotel101 Global executives in ringing the Nasdaq opening bell in New York, marking a major step toward the Filipino company’s anticipated public listing. This follows the U.S. SEC’s June 2 approval of the registration statement for Hotel101 Global’s planned merger with Nasdaq-listed JVSPAC Acquisition Corp., a Hong Kong-based SPAC formed in 2021. The move signals the global ambitions of the Hotel101 brand, known for its standardized hotel concept. “This moment is for every Filipino who dares to dream big,” said Hotel101 Global CEO Hannah Yulo-Luccini at the ceremony.
Trump’s claim of Iran-Israel ceasefire calms global markets
Financial markets rallied Tuesday after US President Donald Trump announced a ceasefire agreement between Iran and Israel, offering investors a temporary reprieve from escalating tensions in the oil-rich Middle East.
T-bill yields mixed as Middle East tensions offset BSP rate cut
Treasury Bills, Middle East Tension, BSP, Rate Cut,
Energy
DOE clears battery storage projects for grid impact study
The Philippine Department of Energy (DOE) has cleared 21 battery energy storage system (BESS) projects for system impact studies (SIS) with the National Grid Corporation of the Philippines (NGCP) in May.
Gas, diesel, kerosene prices slashed as oil risk premium falls
Fuel prices across the country will decline significantly starting Tuesday, following the de-escalation of tensions between Israel and Iran, which led to a drop in global oil risk premiums.
Cooler climate tempers Meralco sales growth; commercial, residential demand hold steady
Meralco, the country's largest power distributor, projects marginal growth in power sales for 1H 2025, a slowdown attributed primarily to cooler summer weather conditions that reduced energy consumption, particularly in the residential segment. Despite this, the company maintains a degree of resilience, with slight upticks in retail trade and restaurant-driven demand, signaling continued post-pandemic consumer activity.
PHI cuts power rates, delivers household savings in Visayas
Razon-led Primelectric Holdings Inc. (PHI) is accelerating infrastructure upgrades, system loss reduction initiatives, and smart market strategies across its three power distribution utilities to maintain competitive electricity rates and enhance service quality.
Property
BPO expansion fuels office space demand in Manila
The real estate sector reported strong momentum in the first half this year, bucking global economic volatility with broad-based growth across office, industrial, residential, and hospitality segments, according to new data from global property consultancy Santos Knight Frank.
Ayala Land acquires New World Hotel Makati
Property giant Ayala Land Inc. announced on MOnday its acquisition of the New World Hotel Makati, a landmark hospitality asset located in the heart of the country’s premier business and commercial district.
Property firms forge co-working hubs in PH townships
Mreit Inc., the real estate investment trust of Megaworld Corp., has signed a co-working partnership with Common Ground, one of Southeast Asia’s top flexible workspace providers, to establish co-working hubs in key Megaworld townships across the Philippines.
Arthaland infusing P765.6M to back unit Zileya’s land acquisition
Arthaland Corp., a listed property development group, is infusing P765.5 million of additional capital into its wholly-owned subsidiary, Zileya Land Development Corp.
Technology
PLDT bets big on AI bootcamps to future-proof workforce
Telecommunications giant PLDT Inc. is ramping up investments in artificial intelligence (AI) bootcamps and upskilling programs, aiming to transform its workforce into AI-ready leaders at the forefront of the intelligent connectivity era.
Bulacan native builds tech powerhouse, uplifts community
What began as one man’s journey of personal sacrifice has become a powerful tech success story and a beacon of community empowerment. Michael Sta. Maria, founder and CEO of Northeast Business Solutions, Inc. (NBSI), turned years of working away from his hometown of Norzagaray, Bulacan into motivation to build a homegrown software company that now provides timekeeping, HR, and payroll solutions to businesses across the Philippines.
Lenovo refreshes ThinkStation line with AI-ready desktops
At the NXT BLD conference in London, Lenovo® unveiled a major refresh...
Converge champions Filipino tech talent in Byte Forward Hackathon
Converge ICT Solutions Inc., a leading force in the country’s broadband and tech infrastructure, reaffirmed its commitment to cultivating homegrown innovation by powering the inaugural Byte Forward Hackathon from 19 to 20 June in Balanga, Bataan.
Opinion
A Promise the Nation Can’t Comprehend
For years, the Philippines has looked ahead with optimism, banking on its so-called “demographic sweet spot.” With around two-thirds of the population between the ages of 15 and 65, the country seemed poised for rapid economic growth—a young, able-bodied workforce ready to fuel productivity and progress.
Vote smart or pay the price
You can feel it in the air, even if no one says it out loud. The world is tilting, and tension is building between countries that no longer trust each other. The US and China—two giants locked in a stare-down—are turning tariffs into weapons. Everyone knows what comes next: slower global growth, just when the world is finally getting back on its feet after the pandemic.
The Duterte Arrest: A Complicated Affair of Sovereignty and Justice
Here we are again, watching the political drama unfold with the arrest of former President Rodrigo Duterte. It’s strange how something that’s supposed to be about justice often turns into a series of complex, tangled arguments, full of political posturing and personal pride.
Ayuda: A lifeline for struggling Filipinos
The latest surveys are in, and they’ve made something pointedly clear: Filipinos are firmly standing behind the government’s social assistance programs.
Exclusive
Boeing deepens strategy cuts as operations take center-stage – sources
Boeing Co has embarked on deeper-than-expected cuts in its strategy ranks, halving the number of planners working within key divisions as it refocuses energies on tackling industrial pressures, people familiar with the matter said.
Maynilad may consider sourcing water from Manila Bay if desalination cost eases to affordable levels
Maynilad Water Services Inc., the water utility of Metro Pacific Investment Corp., may consider Manila Bay as source of potable water for its concession area in Metropolitan Manila and nearby towns if the cost of desalination comes down or large consumers such as factories start extracting water from the salt-water bay for their needs.
Converge mulls sale-leaseback deal for fiber network, plans dividend payout
With the aggressive fiber network rollout behind it, Converge...
Converge’s Dennis Anthony Uy Plans $1 Billion “Silicon Valley” Project In Pampanga
Dennis Anthony Uy, co-founder of publicly listed Converge ICT,...
