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DA steps up rice production shields as El Niño threatens

The Department of Agriculture is ramping up safeguards to protect the country's rice sector as El Niño intensifies, drawing on years of improvements and hard-earned lessons to keep food supplies steady and prices stable.

News Dispatch

Agriculture

DA says 8 flawed FMR projects were executive budget entries

The Department of Agriculture (DA) is scrambling to correct coordinate errors in eight farm-to-market road (FMR) projects that could cost them funding, while insisting the disputed entries were part of the executive branch’s original 2027 budget proposal and not congressional insertions.

DA acts on FMR data error; launches review and reforms 

The Department of Agriculture (DA) is tightening checks on project details and rolling out system-wide improvements after discrepancies were found in coordinates submitted for farm-to-market road (FMR) projects.

Mindanao farmers get FarmTech boost, bridging digital gap in agriculture

Farmers belonging to the LIBADATATAMA Irrigators Association in Oroquieta City, Misamis Occidental, now have easier access to modern farming knowledge and digital solutions through the FarmTech package recently turned over by the Department of Agriculture–Agricultural Training Institute Region 10. The initiative falls under the wider Digital Farmers Program, a partnership between DA-ATI, PLDT, and Smart Communications designed to bring digital inclusion to farming communities across the country.

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.

Corporate

SMFB 9-month revenue edges up, but higher costs and softer demand weigh on profits

San Miguel Food and Beverage, Inc. (SMFB) saw its top line grow 2 percent to P309.6 billion in the first nine months of 2026, proving resilient against high inflation, rising commodity costs, and slower economic growth that stretched household budgets.

PCCI lauds BIR tax relief program

The Philippine Chamber of Commerce and Industry (PCCI) has commended BIR Commissioner Charlito Martin R. Mendoza and the bureau for the One-Time Abatement Program, calling it a practical way for micro businesses to settle old tax debts and close pending cases.

Unilab, Ayala, Metrobank lead Philippine firms in TIME employer ranking

United Laboratories, Ayala Corp. and Metropolitan Bank & Trust Co. emerged as the highest-ranked Philippine employers in TIME’s Asia-Pacific’s Best Employers 2027 list, with all three making the regional top 50 in a ranking of 500 companies.

Metrobank aids Luzon businesses with EntrepRISE financial program

Metrobank has rolled out EntrepRISE, a financial wellness seminar series helping business clients across Luzon navigate economic shifts and plan for growth. Launched this year, sessions in North Luzon, Metro Manila, and South Luzon gathered nearly 100 clients from various sectors.

Banking & Insurance

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Corporate Bulletins

Metrobank aids Luzon businesses with EntrepRISE financial program

Metrobank has rolled out EntrepRISE, a financial wellness seminar series helping business clients across Luzon navigate economic shifts and plan for growth. Launched this year, sessions in North Luzon, Metro Manila, and South Luzon gathered nearly 100 clients from various sectors.

EastWest named PH’s best digital banking initiatice Digital Banking Initiative in Global Awards

EastWest has won Best Digital Banking Initiative – Philippines at the Global Retail Banking Innovation Awards, recognized for building a connected digital ecosystem that makes banking simpler and accessible for all. Chief Technology Officer Barani Sundaram received the award on the bank’s behalf.

BPI Foundation brings financial literacy, digital learning to more public schools

BPI Foundation, the social development arm of the Bank of the Philippine Islands, is broadening its nationwide push to boost financial literacy and digital learning, reaching thousands of students and teachers in underserved communities.

Profriends renews PR tie-up, puts community stories front and center

Profriends, one of the country’s fastest-growing property developers, has renewed its partnership with Dugenia, Marayan, and Associates Company (DM&A Co.), keeping the firm as its official public relations agency.

Social Responsibility & Sustainability

Mindanao farmers get FarmTech boost, bridging digital gap in agriculture

Farmers belonging to the LIBADATATAMA Irrigators Association in Oroquieta City, Misamis Occidental, now have easier access to modern farming knowledge and digital solutions through the FarmTech package recently turned over by the Department of Agriculture–Agricultural Training Institute Region 10. The initiative falls under the wider Digital Farmers Program, a partnership between DA-ATI, PLDT, and Smart Communications designed to bring digital inclusion to farming communities across the country.

BSP’s Project Shoebox Plus reaches Bacolod students, adds financial literacy support

The Bangko Sentral ng Pilipinas Employees Association, Inc. (BSPEAI) brought its community outreach initiative Project Shoebox Plus to Bata Elementary School 1 here on October 24, distributing school bags and learning materials to 100 students.

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.

Markets

Scoop Wholefoods brings refill revolution to Manila’s shopping aisles

Australian retailer Scoop Wholefoods has entered the Philippine market with a retail concept that turns bulk buying into a modern shopping experience, letting consumers purchase groceries and personal care products by weight while cutting packaging waste and avoiding the cost of buying more than they need.

Shopee affiliates help small brands turn product demos into sales

Small businesses are turning to creator-led product demonstrations to reach shoppers and drive sales, using affiliate marketing to stretch limited advertising budgets and compete for attention in an increasingly crowded online marketplace.

Peso, oil risks cloud Philippine stocks, 2027 investment outlook

Philippine stocks could face more turbulence toward year-end as a weaker peso, surging oil prices and the prospect of further interest rate hikes raise questions about corporate earnings and investment spending in 2027.

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.

Travel

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Energy

DOE identifies 9 bidders offering 428 MW for first waste-to-energy auction 

The Department of Energy (DOE) has qualified nine potential bidders covering 12 projects under the country’s first Special Green Energy Auction for Waste-to-Energy (Special GEA-WTE), marking a high-turnout milestone that promises to bolster power supply while addressing local garbage management and flood control challenges.

Alternergy moves 64-MW Alabat wind farm into generation

Alternergy Holdings Corp. has started generating electricity from its 64-megawatt Alabat Wind Farm in Quezon Province, bringing the project closer to commercial operations and giving the renewable energy developer an early revenue stream ahead of full commissioning.

PCC warns MGen, PEMHI of heavier fines, possible loss of merger clearance

The Philippine Competition Commission (PCC) has warned MERALCO PowerGen Corp. (MGen) and Pilipinas Enterprise Management Holdings Inc. (PEMHI) that paying a P5.8-million penalty does not close the book on their merger compliance, with repeat violations potentially drawing heavier fines or even nullification of their conditional clearance.

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.

Transport & Communications

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Property

Century Properties adds P6.35B housing projects in Laguna, Batangas

Century Properties Group Inc. (CPGI) is adding 3,265 homes worth a combined P6.35 billion to its portfolio through two new developments in Laguna and Batangas, targeting workers near major industrial and employment hubs in CALABARZON.

Vista Land expands mall leasing, prepares holiday activities to boost retail growth 

Vista Land and Lifescapes Inc., led by the Villar group, is opening up its nationwide chain of malls and office buildings to new tenants, reaching out to leading retail brands, restaurant operators, and other businesses looking to grow their footprint across the country. The property developer manages over 1.6 million square meters of total floor space, and says bringing in more partners will help make the most of its properties while offering shoppers a wider variety of goods and services.

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.

Environment

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Technology

Skyro taps credit network to improve borrower risk assessments

Fintech lender Skyro is strengthening its credit evaluation capabilities through access to a wider pool of borrower information, as it expands beyond purchase financing into broader consumer financial services.

Maya backs DOJ anti-scam campus drive, calls for united action 

Maya has thrown its support behind the DOJ–Office of Cybercrime’s CyberReady Campus Tour at UP Diliman, urging stronger cooperation between government, industry, and the public to fight digital scams.

Consumers drive Philippine AI use as businesses lag 

Consumers account for 80–85 percent of artificial intelligence usage in the Philippines, far outpacing corporate deployment and underscoring the untapped potential for businesses to adopt the technology, according to the e-Conomy SEA 2026 report by Google, Temasek and Bain & Company.

Gov’t to link business registration, employer enrollment through eGov 

The government plans to let businesses register with key employee-benefit agencies through a single digital platform, potentially eliminating separate filings with the Social Security System (SSS), Philippine Health Insurance Corp. and Pag-IBIG Fund.

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.