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Vietnamese president in landmark visit to Manila

Vietnamese President and Communist Party General Secretary Tô Lâm arrived in Manila on Sunday for a historic state visit aimed at deepening political, economic, and security ties between the Philippines and Vietnam as both countries navigate an increasingly complex regional landscape.

News Dispatch

Agriculture

PH joining 2027 Yokohama Horticultural Expo to boost agri ties, exports to Japan

The Philippines has officially committed to take part in the International Horticultural Expo 2027 in Yokohama, Japan, the Department of Agriculture (DA) announced.

Japanese firm brings AI boost to bananas 

Filipino banana growers could soon gain access to advanced artificial intelligence and drone technologies as Japanese agri-tech company E-SupportLink Ltd. moves to expand its operations in the Philippines, potentially accelerating efforts to modernize one of the country’s most important export industries.

Japan talks unlock Philippine farm export gains 

Philippines is moving to expand agricultural exports to Japan while simultaneously importing advanced logistics and post-harvest technologies that officials say could reshape domestic supply chains, Agriculture Secretary Francisco Tiu Laurel Jr. said following meetings in Tokyo.

DA reforms El Niño Task Force amid threat of prolonged dry spell

The Department of Agriculture (DA) has reactivated its El Niño task force to prepare for a likely moderate-to-strong dry spell hitting in the fourth quarter of 2026 and lasting into early 2027. DA Secretary Francisco Tiu Laurel Jr. emphasized urgent, coordinated steps to shield crops, farmer incomes, food supply, and prices from harm.

Corporate

Digiplus eyes decent 2Q results, maps global expansion

Online gaming firm DigiPlus Interactive Corp. anticipates solid performance for the second quarter, with stable operations and margin-boosting initiatives expected to deliver better results than the first three months of the year, even amid ongoing industry challenges.

Converge ICT targets 10% revenue growth, expands fiber network, names new board chair

Converge ICT Solutions Inc. expects its 2026 revenue to grow 8 to 10 percent, driven by more residential and enterprise subscribers and plans to build one million new fiber ports. At its annual stockholders’ meeting, president Mary Grace Uy reported the firm earned ₱44.8 billion in 2025, up 10.2 percent year-on-year. In the first quarter of 2026, revenue rose 3.7 percent to ₱11.2 billion while net income reached ₱3.02 billion, with profit margins staying among the industry’s strongest despite growth falling slightly short of targets.

Industry giants build pioneering intelligent city, pilot in Makati CBD

Four major industry players—Ayala Corporation, Globe Telecom, Mitsubishi Corp., and KDDI Corp.—have partnered to develop the country’s first Intelligent City, with Makati Central Business District chosen as the pilot site.

Gokongwei Foundation’s ‘Iskolar ni Juan’ techvoc program opens career paths for young Filipinos

The Gokongwei Brothers Foundation (GBF), in partnership with food and beverage industry leader Universal Robina Corp. (URC), operates the Iskolar ni Juan scholarship program to provide young Filipinos—especially those unable to afford college education—with a clear alternative pathway toward stable employment.

Banking & Insurance

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Corporate Bulletins

LG launches new AI-powered aircons for comfort, energy savings, easy maitenance

As temperatures rise and electricity costs remain a key concern for households, LG Electronics Philippines has launched its LG DUALCOOL™ AI Aircons, a home cooling solution designed to balance comfort, energy efficiency, and simple maintenance.

Meralco Power Academy ties up with NEUST, DLSU to build future-ready energy workforce

Meralco Power Academy (MPA), the education arm of power distributor Meralco, has signed separate partnership agreements with Nueva Ecija University of Science and Technology (NEUST) and De La Salle University (DLSU) to bridge academic learning and industry needs.

GSIS expands mall-based service hubs for easier access

The Government Service Insurance System (GSIS) has expanded its Ginhawa Service Hubs to more shopping centers in Metro Manila and nearby provinces, bringing its services closer to members and pensioners. New or additional locations include Festival Mall Alabang, Robinsons Galleria Ortigas, Robinsons Novaliches, Robinsons Place Dasmariñas, and SM Mall of Asia in Pasay City.

Salmon Finance leads PH in global responsible finance standards

Salmon Finance Inc. has secured Silver-level Client Protection Certification under the Cerise+SPTF global standards, affirming its commitment to safe, fair, and transparent financial services in the Philippines.

Social Responsibility & Sustainability

Gokongwei Foundation’s ‘Iskolar ni Juan’ techvoc program opens career paths for young Filipinos

The Gokongwei Brothers Foundation (GBF), in partnership with food and beverage industry leader Universal Robina Corp. (URC), operates the Iskolar ni Juan scholarship program to provide young Filipinos—especially those unable to afford college education—with a clear alternative pathway toward stable employment.

Home Credit boosts employee financial welness amid resilience gap

While financial literacy among Filipino adults rose to 74 percent in 2025 (up from 69 percent in 2021), only 30 percent have enough savings for emergencies, per the latest Bangko Sentral ng Pilipinas survey.

 Ayala Land hits the brakes on cars, not fun

Ayala Land, Inc. is bringing its popular Car-Free Sundays to Davao and Negros, giving residents a rare chance to reclaim city streets for people instead of traffic. 

foodpanda Philippines distributes P62M rider incentives

foodpanda Philippines has distributed over P62 million in incentives to its Ka-panda delivery partners from March to May 2026 through nationwide add-on incentive quests aimed at boosting rider earnings and engagement.

Markets

Inflation jitters weigh on Philippine peso, stocks

The peso and Philippine equities continued to face mounting pressure as investors grappled with persistent inflation concerns, global market volatility, and cautious sentiment over the domestic outlook.

Filipinos shift toward affordable, convenience-led retail

The Philippine retail landscape is undergoing a clear shift as consumers increasingly prioritize affordability and convenience, driving a rebound for neighborhood sari-sari stores while traditional supermarkets continue to lose ground.

 Senator Aquino wars new ad rules burden MSMEs

Senator Bam Aquino has once again criticized the Department of Trade and Industry (DTI), raising concerns that a proposed regulation requiring permits for advertisements and promotional campaigns could create an additional bureaucratic burden for micro, small, and medium enterprises (MSMEs) and online sellers.

Peso near lows as markets turn defensive

The Philippine peso is again nearing record lows as persistent inflation, geopolitical tensions, and strong US dollar demand continue to pressure local markets. Rizal Commercial Banking Corp. chief economist Michael Ricafort said the peso could retest historic weakness after falling 1.8% this week and approaching the April 30 intraday low of P61.75 against the dollar.

Travel

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Energy

P15.66-billion solar project in Surigao del Sur set for public consult

A proposed P15.66 billion solar power facility in Barobo, Surigao del Sur will undergo public scoping on June 9, 2026, as announced by the Department of Environment and Natural Resources–Environmental Management Bureau (DENR-EMB). Developer Apolaki Four Inc. will present project details to the community and stakeholders during the consultation.

LPG stockpile arrives in Batangas, securing supply

The Philippine National Oil Company (PNOC) confirmed that the 21,000 metric ton liquefied petroleum gas (LPG) procured by the government arrived last Saturday at the South Pacific Inc. Terminal in Calaca, Batangas, for storage at the CISC Industrial Park. Sourced from Enterprise Port in Texas, USA, and secured through Trafigura Pte. Ltd. last April 2026, the shipment contains equal parts propane and butane.

FAST powers up warehouses with solar expansion

FAST Logistics Group is ramping up its renewable energy investments, unveiling plans to install solar power systems across its nationwide warehouse network as it pushes to build a greener and more resilient supply chain.

Green Lane speeds P360B wind investments forward

The government’s Green Lane initiative is accelerating major renewable energy investments, with the Board of Investments stepping up efforts to fast-track four offshore and onshore wind projects worth a combined P360.67 billion. 

Transport & Communications

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Property

Higher Pag-IBIG loan cap seen spurring economy

The government's decision to raise the maximum Pag-IBIG housing loan to P10 million is expected to do more than help Filipinos buy homes. 

Megaworld-led share swap deal targets income growth

Megaworld Corp., along with Travellers International Hotel Group, Inc. (TIHGI) and Southwoods Mall, Inc. (SMI), has signed a Memorandum of Understanding (MOU) with listed real estate investment trust MREIT, Inc. to pursue a strategic property-for-share swap. 

Nuvali makes history with first BERDE CBD 

Ayala Land’s Nuvali Estate has become the first commercial business district in the Philippines to secure a BERDE 5-Star Certification under BERDE Districts Version 1.0.0, after its Lakeside and East Bloc districts were recognized by the Philippine Green Building Council (PHILGBC).

Ayala Malls reimagines spaces for work, community

Ayala Malls is repositioning its malls as multi-use community hubs with the launch of Our Common Place, an initiative that transforms retail environments into flexible spaces for work, rest, connection, and social support.

Environment

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Technology

Japanese tech giant commits  P25B expansion

Japanese electronics manufacturer MinebeaMitsumi Inc. is pouring another P25 billion into its Philippine operations, reinforcing the country's position in the global semiconductor supply chain and creating an estimated 3,000 new jobs.

ASEAN nears digital deal with $2T prize

ASEAN's senior economic officials have wrapped up negotiations for a landmark regional digital economy agreement that could reshape online commerce across Southeast Asia and potentially double the bloc's digital economy to USD2 trillion by 2030.

AI hiring tools tackle Philippines’ skills mismatch 

Persistent job mismatch and underemployment in the Philippines are pushing recruitment platforms and employers to adopt more targeted, technology-driven hiring solutions aimed at connecting workers with jobs that better fit their skills, career goals, and preferred work conditions.

Citycare Property streamlines HR operations with Boomi, cuts onboarding time and boosts satisfaction

Data activation firm Boomi announced that New Zealand-based social infrastructure provider Citycare Property has modernized its HR and employee management systems using the Boomi Enterprise Platform, delivered with support from partner Adaptiv.

Health & Science

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Opinion

Senate descends to institutional absurdity

If anyone still believed the Philippine Senate had reached rock bottom, the May 25 session suggested there was, in fact, a trapdoor beneath the floor.

Senate power shift risks Estrada-style backlash

The sudden leadership shake-up in the Senate ahead of the impeachment trial of Vice President Sara Dutertel may yet prove a poisoned chalice—a glittering prize that offers control today but threatens political liability tomorrow.

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.

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.