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Excise tax, VAT suspension risks fiscal hole, Senate told

The Philippine government could forgo as much as P272.83 billion in revenues in 2026 if excise taxes and value-added tax (VAT) on fuel imports are suspended, according to estimates presented by the Bureau of Customs (BOC) during a Senate hearing on March 11.

News Dispatch

Agriculture

SRA holds talks with sugar industry on programs supporting prices

The Sugar Regulatory Administration (SRA) met with local sugar producers, millers, and labor representatives this week to discuss ways to address current challenges in the sugar sector.

DA seeks more funds to expand fuel subsidies for farmers, fishers

The Department of Agriculture (DA) is exploring additional funding sources to provide fuel subsidies to more farmers and fisherfolk across the country.

DA allows limited exemptions to land reclassification moratorium

The Department of Agriculture (DA) has allowed certain projects to proceed despite the ongoing moratorium on agricultural land-use reclassification, granting exemptions for renewable energy and government socialized housing developments.

DA sets rules for importing 250,000 metric tons of fish

The Department of Agriculture (DA) has released guidelines for the importation of up to 250,000 metric tons of frozen fish and aquatic products to help ensure enough supply in the country.

Corporate

Bounty Fresh eyes wider Southeast Asia expansion 

As it marks four decades in the poultry business, Bounty Fresh Group Holdings Inc. is setting its sights beyond the Philippine market, outlining plans to expand further across Southeast Asia as part of a long-term push to become a regional food player.

San Miguel Foods, GSIS partner to expand livelihood opportunities for members

San Miguel Foods (SMF) has signed a memorandum of agreement with the Government Service Insurance System (GSIS) to make its livelihood and small business programs more accessible to GSIS members, pensioners, dependents, and qualified public sector cooperatives and unions.

MPIC core income rises 15% in 2025

Metro Pacific Investments Corp. (MPIC) reported that its core net income increased 15 percent in 2025, reaching P27.1 billion from P23.6 billion in 2024.

BPI VYBE offers free coffee promo with But First, Coffee

The Bank of the Philippine Islands has partnered with But First, Coffee to offer rewards for cashless payments through its e-wallet platform, VYBE by BPI.

Banking & Insurance

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Corporate Bulletins

San Miguel Foods, GSIS partner to expand livelihood opportunities for members

San Miguel Foods (SMF) has signed a memorandum of agreement with the Government Service Insurance System (GSIS) to make its livelihood and small business programs more accessible to GSIS members, pensioners, dependents, and qualified public sector cooperatives and unions.

BPI VYBE offers free coffee promo with But First, Coffee

The Bank of the Philippine Islands has partnered with But First, Coffee to offer rewards for cashless payments through its e-wallet platform, VYBE by BPI.

Maynilad nears completion of mega water and wastewater projects

Maynilad Water Services Inc. said several major water and wastewater infrastructure projects in its West Zone concession area are nearing completion, a development expected to improve water reliability, system resilience, and environmental protection for customers across Metro Manila and Cavite.

Mapúa links classrooms to mines, power

At the storied Intramuros campus of Mapúa University, the chalkboard is increasingly sharing space with the real world.

Social Responsibility & Sustainability

San Miguel Foods, GSIS partner to expand livelihood opportunities for members

San Miguel Foods (SMF) has signed a memorandum of agreement with the Government Service Insurance System (GSIS) to make its livelihood and small business programs more accessible to GSIS members, pensioners, dependents, and qualified public sector cooperatives and unions.

Mapúa links classrooms to mines, power

At the storied Intramuros campus of Mapúa University, the chalkboard is increasingly sharing space with the real world.

FFCCCII turn classroom legacy into TikTok challenge

The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. is bringing its decades-long classroom donation program to TikTok in a bid to engage younger audiences. 

Women leadership shapes talent recruitment choices

Gender diversity in senior management is becoming a decisive factor in where professionals choose to work, as job seekers increasingly scrutinize companies for the presence of women in leadership roles.

Markets

US-Iran conflict sends oil prices soaring

Global oil markets swung violently Monday as the escalating conflict between the US and Iran disrupted one of the world’s most important energy corridors, briefly sending crude prices soaring before easing on hints the conflict might end soon.

Oil shock, war risks rattle Philippine markets

Philippine financial markets enter the week on fragile footing as surging oil prices and escalating Middle East tensions complicate the outlook for equities, the peso, and monetary policy. 

PCC clears DoubleDragon’s MerryMart share purchase

The Philippine Competition Commission (PCC) has cleared the proposed acquisition by DoubleDragon Corporation of shares in MerryMart Consumer Corporation, allowing the transaction to proceed before the end of the regulator’s Phase 1 review period.

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.

Travel

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Energy

Alternergy registers P5B green shares

Alternergy Holdings Corp., a listed green energy company, is opting for financial flexibility over speed as global volatility clouds capital markets.

First Gen breaks ground for 54-MW solar plant in Batangas

First Gen Corporation on Wednesday began construction of its first utility-scale solar facility, the 54-megawatt Inara Solar Power Plant, in Barangay Bilog-bilog, Tanauan City, Batangas Province.

Semirara Mining profit falls as coal, power prices cool

Semirara Mining and Power Corp., the energy arm of the Consunji Group, saw profits tumble in 2025 as softer coal and electricity prices offset record production and power sales, underscoring the impact of easing energy markets after the commodity surge of recent years.

Wind power duo gains regulatory green light

Renewable energy leaders Alternergy Holdings Corp. and ABC Energy Inc. have officially secured the Philippine Competition Commission’s (PCC) nod to jointly develop two major wind projects: the 128 MW Tanay Wind Power Project and 64 MW Alabat Wind Power Project.

Transport & Communications

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Property

Rockwell tops off Pampanga mall, eyes 2027 opening

Rockwell Land Corp., the listed property development arm of the Lopez Group, has reached a major construction milestone in Central Luzon, topping off the structure of Power Plant Mall Angeles as it pushes ahead with the expansion of its signature lifestyle brand beyond Metro Manila.

New road link to NLEX expected to boost access for Mabalacat homeoners

A planned road project connecting the North Luzon Expressway (NLEX) Sta. Ines exitto the Mabalacat–Atlu Bola Bypass Road is expected to improve travel and reduce traffic congestion in the fast-growing city of Mabalacat City, according to the Department of Public Works and Highways (DPWH).

Filinvest Land Taps Banks For P11.6B Bonds

Filinvest Land Inc. has tapped a consortium of major banks to underwrite and arrange a planned bond offering of up to P11.57 billion, as the Gotianun Group’s property arm returns to the debt market to support expansion.

Hotel101 opens Madrid hotel, boosts global expansion

Hotel101 Global Holdings Corp., the Nasdaq-listed hospitality arm of DoubleDragon Corp., has opened its first European property with the launch of Hotel101 Madrid, marking the international debut of a Filipino homegrown hotel brand.

Environment

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Technology

DITO launches new mobile authentication system replacing OTP

DITO Telecommunity has introduced the country’s first Silent Network Authentication (SNA) service, a new security system that aims to replace the traditional SMS-based One-Time Password (OTP) used in many online transactions.

Marcos urges readiness as AI shifts loom

President Ferdinand R. Marcos Jr. is ringing the alarm on artificial intelligence after a high-level sit-down with JPMorgan Chase leaders in New York. The discussion, he said, highlighted the urgent need for governments and businesses to brace for AI-driven disruptions in economies and labor markets.

Deadline extended: BCDA woos ICT investors

The Bases Conversion and Development Authority (BCDA) has extended the proposal deadline for its P2.5-billion New Clark City ICT project, aiming to woo more private investors into a public-private joint venture.

New program gives IT-BPM workforce tools to build savings and credit history

The IT and Business Process Association of the Philippines (IBPAP) and digital financial platform Maya have launched a program to improve financial access for nearly 1.9 million digital Filipino workers. The initiative aims to provide savings tools and responsibly structured credit products, such as credit cards, to qualified employees in the IT-BPM sector.

Health & Science

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Opinion

Eala storms toward WTA’s elite circle

The desert—both in Dubai and Indian Wells—has been kind to Alex Eala.

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.

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.