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BOP stands as $2.6B deficit in March; reserves dip but remain strong buffer

The Philippines recorded a $2.6 billion balance of payments (BOP) deficit in March 2026, pushing the total shortfall for the first quarter to $5.3 billion, signaling that more money flowed out of the country than came in during the period.

News Dispatch

Agriculture

Capiz launches P20/kg rice program for vulnerable groups

The Department of Agriculture (DA), together with the Capiz provincial government, has started selling rice at P20 per kilo in the province as part of efforts to make food more affordable.

DAR distributes over 16,500 vegetable seed packs to farmers in Pangasinan

The Department of Agrarian Reform (DAR) has given seed assistance to 3,725 agrarian reform beneficiaries (ARBs) in Pangasinan to help them maintain their farms and incomes amid rising energy and farm input costs.

SRA releases first cash aid to sugar farmers amid rising fuel costs

The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).

PBBM orders expansion of subsidized rice program 

The government is expanding its ₱20-per-kilo rice program to...

Corporate

Comm&Sense marks 20th year with mental wellness program

Public relations firm Comm&Sense is celebrating its 20th anniversary by launching a new initiative focused on mental health and community support.

Teodoro Pascua returns to lead IPOPHL 

The Intellectual Property Office of the Philippines (IPOPHL) has named Teodoro Pascua as its new director general, marking a return for a veteran policymaker whose career bridges public service and private legal practice.

Compose Coffee posts strong Taiwan debut as Jollibee Group pushes global coffee expansion

Jollibee Foods Corporation (JFC) reported a strong start for its South Korean coffee brand, Compose Coffee, after its pre-opening debut in Taiwan, as part of the company’s growing international coffee strategy.

Home Credit offers low-cost installment deals on summer essentials

Families feeling the summer heat can now access cooling appliances and gadgets at more affordable rates, as Home Credit Philippines rolls out a nationwide promo with installment plans starting as low as ₱23 per day.

Banking & Insurance

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Corporate Bulletins

Comm&Sense marks 20th year with mental wellness program

Public relations firm Comm&Sense is celebrating its 20th anniversary by launching a new initiative focused on mental health and community support.

Teodoro Pascua returns to lead IPOPHL 

The Intellectual Property Office of the Philippines (IPOPHL) has named Teodoro Pascua as its new director general, marking a return for a veteran policymaker whose career bridges public service and private legal practice.

Home Credit offers low-cost installment deals on summer essentials

Families feeling the summer heat can now access cooling appliances and gadgets at more affordable rates, as Home Credit Philippines rolls out a nationwide promo with installment plans starting as low as ₱23 per day.

Takeda model boosts access, wins dual awards

Takeda Healthcare Philippines, Inc. has secured two top honors at the Healthcare Asia Pharma Awards 2026, earning Most Differentiated Service of the Year – Philippines and Patient Advocacy Program of the Year – Philippines. The recognition highlights a patient access model that is helping more Filipinos complete treatment despite persistent cost and system barriers.

Social Responsibility & Sustainability

Park Inn Bacolod powers circular economy with biodiesel

Park Inn by Radisson Bacolod, operated under SM Hotels and Conventions Corp. (SMHCC), has deepened its circular economy program with the donation of 200 liters of biodiesel to residents of Barangay Singcang, Bacolod City, further advancing its waste-to-energy advocacy.

Clean energy firm, online grocer partner with Nueva Ecija farmers

Clean energy company First Gen Corporation and online grocery platform SukiGrocer have partnered with four farmer and fisherfolk groups to help improve livelihoods in Pantabangan.

SM Supermalls leads nationwide coastal cleanups for World Water Day

In observance of World Water Day, SM Supermalls, through its corporate social responsibility arm SM Cares, conducted coastal cleanup drives across six locations involving seven malls nationwide.

MPIF commits P12-M to protect Tubbataha Reefs over next fiur years

The Metro Pacific Investments Foundation (MPIF) has committed ₱12 million to support the protection of the Tubbataha Reefs Natural Park over the next four years.

Markets

Peso stalls, stocks drift amid global uncertainty

The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.

Markets signal calm despite Middle East conflict risks

Global equities pushed higher Thursday as investors shrugged off ongoing tensions in the Middle East, with volatility signals suggesting markets see limited risk of further escalation.

Peso holds ground as USD tests technical ceilings

The peso is quietly reclaiming its footing, with the USD/PHP pair slipping for a second week (-0.3 percent) after a brisk four-week climb. 

Fake rider delivery scam exploits trust, urgency

Scam Watch Pilipinas warns the public about a “fake rider” scheme abusing Lalamove bookings after an attempted incident involving co-founder Art Samaniego.

Travel

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Energy

PH fuel supply rises to 52 days; prices seen to drop for second week

The country’s fuel supply has improved to an estimated 52.02 days as of April 17, up from 50.31 days the previous week, according to the Department of Energy (DOE).

Fuel prices to drop Tuesday, says DOE

The Department of Energy (DOE) announced that fuel prices will go down again starting Tuesday, with minimum rollbacks of P3.41 per liter for gasoline, P24.94 for diesel, and P2 for kerosene.

ERC approves higher refund for Meralco customers, may shorten payout period

The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.

Fuel prices plunge; President Marcos promises relief

A substantial rollback in fuel prices will take effect next week, delivering much-needed relief to consumers, with diesel expected to fall by more than P24 per liter, gasoline by P3.41, and kerosene by P2, according to government estimates.

Transport & Communications

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Property

Filinvest opens sustainable Ortigas hub for businesses

Filinvest Land Inc. has officially opened One Filinvest, its newest office and retail development in Ortigas Center, reinforcing its push to deliver high-quality workspaces in key business districts.

Filinvest Land taps market with dual bonds

Filinvest Land Inc. is returning to the capital markets in May with a dual-tranche, fixed-rate bond offer totaling up to P11.57 billion, combining a base offer of P9 billion and an oversubscription option of P2.57 billion. 

Federal Land sees steady demand despite incertainty

Federal Land NRE Global Inc. (FNG) said demand for its projects remains strong despite economic uncertainties, particularly in its 600-hectare River Park development in Cavite.

Greenfield builds green spine linking homes to MRT 

Greenfield Development Corp. has broken ground on a one-kilometer “Diagonal Park,” a pedestrian-first corridor designed to stitch together Greenfield District and provide a direct, safer link to the Manila Metro Rail Transit System Line 3 via Shaw Boulevard Station.

Environment

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Technology

onsemi plans Philippines expansion via brownfield investment

Power semiconductor firm onsemi is looking to deepen its footprint in the Philippines, signaling fresh investment through a brownfield expansion strategy that prioritizes scaling operations in existing facilities.

Globe rolls out flexible services amid rising fuel cost concerns

Globe Telecom Inc. has launched a range of new services aimed at helping Filipinos manage expenses and stay connected as global tensions push concerns over higher fuel and energy costs.

Government to press Meta for stronger action on fake news

The Department of Information and Communications Technology (DICT) said it will meet with Meta to demand clearer and time-bound steps to address the spread of disinformation on its platforms.

Philippine Blockchain Week 2026 to showcase real-world tech applications

The Philippine Blockchain Week 2026 will take place from June 19 to 21 at the SMX Convention Center Manila, highlighting how blockchain technology is now being used in real-world systems.

Health & Science

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Opinion

A house divided: Lopez family rift tests corporate governance

“Every kingdom divided against itself is brought to desolation, and every house divided against itself will not stand.” In the Lopez corporate universe, the verse now reads less like scripture and more like a live governance case file—complete with injunctions, contested boardrooms, and competing versions of who nearly switched off the lights.

The Days Ahead

Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Fuel crisis or policy gap?

Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.

Choked Hormuz puts global food supply at risk

Food, not fuel, may prove the first and most immediate casualty of the Middle East conflict as disruption grips the Strait of Hormuz, a narrow sea lane with an outsized role in feeding the world.

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.