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Tanduay steps up European expansion launching 20‑year reserve at Bar Convent Berlin

Local spirits leader Tanduay has brought its centuries‑old rum‑making heritage and craftsmanship to Europe’s biggest beverage trade show, unveiling its new premium offering as it pushes to grow its footprint across the region.

News Dispatch

Agriculture

Young Filipino agribusiness startups pitch in Singapore 

Five young Filipino agribusiness startups brought their products and business ideas to the Asia-Pacific Agrifood Innovation Summit 2026 in Singapore, seeking to connect with investors, industry players, and potential partners as they explore opportunities beyond the domestic market. Supported by the Department of Agriculture’s Young Farmers Challenge (YFC), the enterprises showcased value-added agricultural products and solutions at the October 27–29 summit at the Suntec Convention Centre. The Philippine participation was led by the DA’s Agribusiness and Marketing Assistance Service, in collaboration with the Philippine Agriculture Office in Bangkok, Thailand. The five startups represented different ways of turning local agricultural resources into higher-value products. L’Reinvente transforms agricultural by-products into skincare products while providing livelihood opportunities for farmers and marginalized communities. CHER Cacao Products Manufacturing, a youth-led bean-to-bar chocolate enterprise based in Negros Oriental, promotes locally sourced cacao through processing and product development. Bluecrust Food Manufacturing develops value-added products from crustaceans, while Aelius makes wellness products from different parts of the coconut, linking product innovation with farmer support and environmental sustainability. Y’Nut Food Products, meanwhile, turns locally grown peanuts into nutritious, market-ready food products. Beyond promoting their brands, the startups had opportunities to network with entrepreneurs, industry representatives and potential business partners from across the Asia-Pacific region. They also attended sessions on food systems, biomanufacturing, regenerative agriculture and food traceability, areas that are increasingly influencing how food is produced, processed and brought to market. Agriculture Secretary Francisco P. Tiu Laurel Jr. joined the summit as a featured speaker, outlining the Philippines’ efforts to modernize agricultural value chains through resilience, investment, data-driven governance, inclusive development and collaboration across government and industry. “We also brought young Filipino agripreneurs to the Singapore event to introduce them to a wider market, and expose them to innovations and fresh ideas they can bring home, adapt and develop into viable businesses that create jobs and attract more investment in agriculture,” said Tiu Laurel. The DA also organized the “Innovating Agriculture: Young Farmers Challenge Pitching Showcase,” where participating enterprises presented their business models and products at the summit’s Innovation Stage. Assistant Secretary Genevieve Velicaria-Guevarra said young agripreneurs were finding ways to add value to local resources, develop sustainable solutions and connect Philippine agriculture to regional and global markets. The showcase reflects a broader policy challenge for Philippine agriculture. Raising production remains important, but improving processing, product development and market access is just as critical to increasing the value farmers and agribusinesses earn from local resources. Through the YFC, the DA seeks to help young Filipinos establish and expand market-oriented ventures in agriculture and fisheries. Bringing these enterprises to an international platform also exposes them to commercial networks and ideas that could help turn promising startups into competitive businesses.

NFA cuts palay handling time, costs with one-ton bags

The National Food Authority (NFA) has substantially reduced palay handling time and costs in a pilot test of one-ton bags, replacing conventional 50-kilogram sacks in a system that could speed up grain procurement, maximize warehouse capacity, and free up funds for buying more palay.

Nearly 1M ‘vulnerable’ Filipinos buy P20 rice in September

Nearly 1 million Filipinos benefited from the Marcos administration’s Benteng Bigas, Meron Na! program in September, the highest monthly turnout since the affordable rice initiative was launched in May last year, as the government seeks to ease food costs for households struggling to make ends meet.

Idle bamboo land offers opening for Philippine firms in $73B global market

The Philippines has plenty of bamboo-growing land. What it lacks is enough businesses turning the fast-growing grass into products worth considerably more than garden stakes and handicrafts.

Corporate

Transcom expands footprint with seventh site in Quezon City

Transcom Worldwide (Philippines) Inc. has launched its seventh local site, opening a new business‑process outsourcing center in Quezon City to further grow its Metro Manila operations.

Semirara Mining Q3 profit rises 66% led by strong power earnings

Semirara Mining and Power Corporation (SMPC) reported a 66‑percent jump in third‑quarter net income to P2.4 billion from P1.5 billion a year earlier, driven by stronger power‑segment gains and lower non‑cash charges that offset weaker coal performance. For the first nine months of 2026, consolidated net income grew 11 percent to P11.0 billion, with power operations accounting for 78 percent of total earnings.

Planters Products welcomes Montemayor indictment 

Planters Products Inc. (PPI) welcomed the indictment of former agriculture secretary Leonardo Montemayor and pledged full cooperation with government prosecutors pursuing the cyber libel case over false and damaging statements against the company.

BPI‑FAST Group tie‑up unlocks faster digital financing for supply chain partners

The Bank of the Philippine Islands (BPI) has teamed up with top logistics provider FAST Group to roll out BPI’s Digital Supply Chain Finance Program for the firm’s suppliers, giving them quicker access to working capital.

Banking & Insurance

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Corporate Bulletins

BPI‑FAST Group tie‑up unlocks faster digital financing for supply chain partners

The Bank of the Philippine Islands (BPI) has teamed up with top logistics provider FAST Group to roll out BPI’s Digital Supply Chain Finance Program for the firm’s suppliers, giving them quicker access to working capital.

SM Investments bags top Five Golden Arrow award for 3rd year running

SM Investments Corporation has earned the Institute of Corporate Directors’ highest Five Golden Arrow rating for the third straight year, based on the 2025 ASEAN Corporate Governance Scorecard review.

Vivant retains 3 Golden Arrows as governance recognition extends

Vivant Corp. has secured three Golden Arrow recognitions for the second consecutive year, extending its corporate governance awards streak to five years as the Philippine energy and water group highlights accountability and long-term business stewardship.

EastWest earns global recognition for customer‑centric banking

EastWest has been named Best Customer Centric Business Model – Philippines at the Global Retail Banking Innovation Awards. The bank’s hybrid model combines fast digital services for everyday transactions with in‑person advisory support for major financial decisions.

Social Responsibility & Sustainability

P&G, Red Cross expand disaster relief kit program nationwide

P&G Philippines and the Philippine Red Cross (PRC) are preparing 90,000 health and hygiene relief kits for disaster-prone communities, extending a partnership aimed at keeping essential supplies accessible when emergencies disrupt daily life.

Vivant Foundation upgrades La Union schools, expands library

Vivant Foundation Inc. (VFI), together with Vivant Energy Corporation and its subsidiary 1590 Energy Corporation, has upgraded electrical systems in three public elementary schools and provided library packages to 14 schools in Bauang South District, La Union, as part of efforts to improve learning environments and support literacy.

Coco Mama, partners pledge 2-M coconut seedlings for farmers

Coco Mama, under Century Pacific Food Inc. (CNPF), is set to donate one million quality coconut seedlings over the next five years through its Save Our Coconuts program, joining forces with global brand Vita Coco for a combined total of two million seedlings nationwide.

Telco equips Tagbanua community in El Nido with disaster skills alongside Palawan cable project

More than 30 members of the Tagbanua Tandulanen Indigenous Cultural Community from 11 El Nido barangays recently took part in disaster preparedness training organized by PLDT Inc. and Smart Communications. Held alongside work on the Palawan Resiliency Submarine Cable Project, the effort underscores that stronger connectivity goes hand in hand with stronger communities.

Markets

SEC urges manufacturers to tap capital markets for expansion

For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Moody’s upgrades credit rating, paving way for lower borrowing costs and stronger economic growth

Global rating agency Moody’s Investors Service has raised the country’s credit rating, delivering a major vote of confidence in the nation’s financial stability and economic momentum. The rating upgrade reflects the country’s solid economic growth, disciplined fiscal management, and structural reforms that continue to shield the economy from external market turbulence.

TikTok Shop, DTI push smarter shopping ahead of holiday sales

TikTok Shop is stepping up consumer education and buyer protection efforts in the Philippines ahead of the 11.11 and 12.12 Mega Sales, working with the Department of Trade and Industry (DTI) to encourage more informed online purchases.

Philippine stocks face fresh pressure as rate hike, inflation cloud outlook

Philippine stocks could extend losses this week as higher interest rates, persistent inflation, and peso weakness threaten corporate earnings, with analysts urging investors to favor defensive shares until clearer signs of a market recovery emerge.

Travel

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Energy

DOE considers special GEA round to address El Niño impact

The Department of Energy (DOE) is exploring a special Green Energy Auction (GEA) round tailored to boost the country’s resilience against the severe effects of El Niño, Energy Secretary Sharon Garin confirmed on Monday. The proposed initiative would prioritize floating solar installations, which can also help reduce water loss from critical dams and reservoirs during periods of intense heat and drought.

Fifth‑Week Mixed Fuel Price Adjustments Loom: Gasoline Up, Diesel Down

Motorists, small businesses and households are bracing for a fifth consecutive week of split fuel price changes, with local fuel players projecting higher gasoline costs but cheaper diesel for the coming week. Leo Bellas, president of Jetti Petroleum, said Sunday that gasoline is seen rising by P2.00‑P2.20 per liter, while diesel may drop by P0.80‑P1.00 per liter. These estimated adjustments take into account the previous week’s Mean of Platts Singapore rates and average peso‑dollar exchange movements.

Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.

MICC seeks return of ancestral lands to Indigenous control

The Mining Industry Coordinating Council (MICC) is seeking to restore Indigenous Peoples’ control over ancestral lands after mining companies complete their operations and rehabilitation obligations, putting post-mining land rights at the center of proposed reforms.

Transport & Communications

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Property

Pag-IBIG doubles socialized housing share as lending surges

Pag-IBIG Fund more than doubled the share of its housing loans going to socialized housing in 2026 as the government expanded subsidized financing for minimum wage earners and low-income families under its Expanded Pambansang Pabahay para sa Pilipino (4PH) program.

Clark-led demand drives Pampanga property boom

Pampanga’s property market is set for sustained growth as investments in Clark draw workers, migrants and homebuyers, driving housing demand faster than in neighboring Central Luzon provinces, according to Hausland Holdings Inc.

Ayala Land properties win Robb Report’s 2026 honors

Two Ayala Land Inc. properties have earned spots in Robb Report Philippines’ 2026 Best of the Best selections, putting Park Central Towers in Makati and Lagen Island in El Nido among the publication’s picks for standout luxury experiences.

Anflo estate draws P8.5B, expands cold storage, manufacturing

Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte, has attracted an estimated P8.5 billion in combined investments from its developer and locators, as new cold storage and manufacturing operations are set to expand its industrial footprint this year.

Environment

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Technology

GMA seeks analog‑TV shutdown delay, cites unresolved viewer aid plan

GMA Network Inc. has filed a request with the National Telecommunications Commission (NTC) to push back the scheduled analog television shutdown, saying key rules for a government support program meant to protect households are still not in place.

iProov launches human‑approval tool to secure high‑risk AI agent moves

Biometric security firm iProov has rolled out a new human approval service to give businesses verifiable oversight of high‑risk actions taken by autonomous AI agents, addressing a key industry demand for stronger safeguards as organisations expand AI use.

Smart call-drop rate breaches NTC standard in Undas tests

Smart Communications recorded a 5.26 percent call-drop rate in government tests at Metro Manila bus terminals ahead of Undas, breaching the National Telecommunications Commission’s prescribed ceiling of less than 2 percent even as the regulator found generally strong mobile network performance.

PLDT‑Smart: Human skills remain core to customer experience amid AI boom

PLDT Inc. and Smart Communications on Friday say businesses should focus on pairing artificial intelligence with human empathy and judgment rather than rushing full‑scale automation, as generative AI reshapes customer service across industries.

Health & Science

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Opinion

The long way to the starting line

A 29-hour journey is a long time to think about a sporting career. There are connecting flights, airport layovers, uncomfortable seats, and the inevitable question of whether the person beside you has also decided that sleeping on an airplane is an exercise in futility. For nine young Filipino athletes on their way to Dakar, Senegal, however, the long trek is hopefully headed to success. They are about to compete in the 2026 Youth Olympic Games, an event that could become an important chapter in their sporting lives.

The living dead of payday

In high school, our mentors taught us noun declensions, Caesar’s campaigns in Gaul and four-part harmony. Somewhere between Latin and music, we also acquired the comforting belief that we were neither rich nor poor. With P50 in our pockets, we could go places and still come home with change. Life was a picnic. We did not realize the picnic had an expiry date.

Road rage is real

There are few things in life that can transform a perfectly reasonable Filipino into an aggrieved Elizabethan actor quite as quickly as a traffic dispute. The most demure women become tigresses. Soft-spoken gentlemen discover that their vocal cords have capabilities they never knew existed. People who would ordinarily apologize when someone steps on their shoes suddenly develop an unshakable conviction that the entire road system has been personally entrusted to their care. And the language. My goodness, the language.

Defending the peso: Marcos should remember 1997

The latest vow of President Ferdinand Marcos Jr. to defend the peso with the country’s foreign exchange reserves and policy tools invites a question: Has his administration forgotten the costly lessons of the 1997–1998 Asian financial crisis?

Sports & Entertainment

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Exclusive

FAST Logistics plots next leg beyond the truck

For FAST Logistics Group, the next leg of growth is not necessarily about moving more boxes faster. It is about making the entire journey work better.

The discipline behind SM’s 68 years in business

Building a business that lasts takes more than expanding into new markets. It requires sound decisions, careful management of risks, and the financial strength to withstand difficult periods.

iPeople targets 200,000 students with global expansion push

iPeople, the listed Yuchengco-Ayala education joint venture, is pursuing an expansion strategy built around international partnerships, new campuses and facilities, sustainability-focused programs, and deeper artificial intelligence integration as it aims to nearly triple its student population to 200,000.

Vivant Water sees 2026 as launchpad for bigger growth 

Vivant Water is treating 2026 as a pivotal year as it moves from building its presence across the water industry to scaling operations, investments, and its project pipeline.