Just in

Top News

PAL posts modest profit growth in Q1

Philippine Airlines reported a 2.6 percent increase in net income to $78.77 million in the first quarter, driven by strong travel demand.

News Dispatch

Agriculture

DA strikes major deals to modernize farms, boost food security

The Department of Agriculture (DA) has signed two separate agreements aimed at modernizing the farm sector, increasing farmers’ incomes, and improving food security.

Philippines warns of food security risks amid Middle East tensions

The Philippines has called for stronger regional cooperation to protect food security in the Asia-Pacific, citing rising risks from geopolitical tensions in the Middle East.

DA seeks up to $500M loan to boost PH bamboo industry

The Department of Agriculture (DA) is aiming to secure between US$300 million and US$500 million in loans next year to develop the country’s bamboo industry, according to spokesperson Arnel De Mesa.

DA chief warns of “triple global shocks” hitting agriculture

Agriculture Secretary Francisco Tiu Laurel Jr. said global agriculture is under heavy pressure from a combination of climate change, geopolitical conflicts, and disease outbreaks, making it harder for governments to manage food systems.

Corporate

LG highlights summer travel spots for music-filled getaways

LG is promoting its portable speaker, the LG xboom Stage 301, as a travel companion for summer trips where music is part of the experience. The speaker is built for outdoor use with up to 12 hours of battery life, IPX4 water resistance, and features like Space Calibration for sound tuning, Wireless Party Link for shared listening, and DJ and karaoke effects via an app.

Grocery spending turns into big win as Laguna VA wins BYD Seagull in bank-supermarket promo

Everyday grocery shopping and credit card use paid off for one lucky customer after a joint promo by East West Banking Corporation and Puregold Price Club awarded a brand-new BYD Seagull to its grand prize winner.

Aboitiz warns oil shock may hit consumers as Middle East conflict drives up costs

Aboitiz Equity Ventures Inc. is warning that the biggest risk from the ongoing Middle East conflict is not direct business disruption, but how sharply rising oil prices could affect consumers and demand.

PHINMA resets strategy, deepens leadership bench 

PHINMA Corp. is recalibrating its business strategy, shifting toward a more integrated, access-driven model as it expands across education, construction materials, housing, and hospitality with a sharper focus on underserved communities.

Banking & Insurance

spot_img

Corporate Bulletins

LG highlights summer travel spots for music-filled getaways

LG is promoting its portable speaker, the LG xboom Stage 301, as a travel companion for summer trips where music is part of the experience. The speaker is built for outdoor use with up to 12 hours of battery life, IPX4 water resistance, and features like Space Calibration for sound tuning, Wireless Party Link for shared listening, and DJ and karaoke effects via an app.

Grocery spending turns into big win as Laguna VA wins BYD Seagull in bank-supermarket promo

Everyday grocery shopping and credit card use paid off for one lucky customer after a joint promo by East West Banking Corporation and Puregold Price Club awarded a brand-new BYD Seagull to its grand prize winner.

PHINMA names new VPs to boost leadership

PHINMA Corp. has promoted three senior officials to vice president positions as part of efforts to strengthen its leadership team and support business growth.

Manulife Philippines names new chief marketing officer

Manulife Philippines has appointed Joy Ann Concepcion as its new chief marketing officer, effective Monday.

Social Responsibility & Sustainability

Ozamiz Hospital boosts critical care with new ventilator partnership

A new partnership has been formed to improve respiratory care services at Mayor Hilario A. Ramiro Sr. Medical Center (MHARSMC), the largest government-run hospital in the city.

Ayala Malls nears full renewable energy transition

Ayala Malls is accelerating its shift to clean energy, with renewable sources now powering nearly its entire portfolio as the company deepens sustainability efforts while managing costs and growth.

Nestlé PH ramps up net-zero energy shift

Nestlé Philippines is accelerating its net-zero ambitions with the launch of a biomass boiler facility at its Cabuyao, Laguna dairy plant, reinforcing a strategy that frames sustainability as a competitive lever rather than a compliance obligation.

SM Group expands scholarships for uniformed personnel, families

The SM Group is increasing scholarship support for uniformed personnel and their families to improve access to quality education and promote inclusive growth.

Markets

Peso slides, stocks stall as caution builds

Philippine financial markets are in a consolidation phase, with the peso and equities under pressure as tighter monetary conditions and inflation concerns weigh on sentiment.

Women entrepreneurs drive economy but need more support to scale

Filipina entrepreneurs—many of them mothers—play a major role in the Philippine economy, owning 66 percent of existing businesses and 62 percent of newly registered enterprises. Despite this strong presence, many women-led micro, small, and medium enterprises (MSMEs) struggle to grow due to limited access to funding, low digital adoption, and the challenge of balancing business and family responsibilities.

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.

Travel

spot_img

Energy

DOE turns over 40-kW solar system to TESDA Taguig complex

The Department of Energy (DOE) has handed over a 40-kilowatt peak solar power system to the Technical Education and Skills Development Authority (TESDA) at its complex in Taguig City.

SteelAsia partners Buskowitz for Cebu solar project

SteelAsia Manufacturing Corp. has awarded Buskowitz Energy the contract for its Compostela Works Solar Rooftop Project in Cebu, marking a major step in the steelmaker’s shift toward cleaner operations.

Esyasoft targets growth via BCDA energy expansion

PT Esyasoft Technologies Asia is stepping up its ambitions in the Philippines, using a new partnership with the Bases Conversion and Development Authority (BCDA) as a springboard into the country’s accelerating energy transition.

Apollo Global unit secures rights to Masbate project

Apollo Global Capital Inc. said its subsidiary JDVC Resources Corp. has entered into an operating agreement with Masbate 2145 Philippines Inc., granting JDVC exclusive rights over a large mineral property in Masbate.

Transport & Communications

spot_img

Property

Ayala Malls nears full renewable energy transition

Ayala Malls is accelerating its shift to clean energy, with renewable sources now powering nearly its entire portfolio as the company deepens sustainability efforts while managing costs and growth.

Belle earnings rise on gaming, real estate gains

Belle Corp., the leisure and gaming arm of the Sy Group, posted a consolidated net income of P524 million for the first quarter of 2026, up 13 percent from P462 million a year earlier, driven by steady gains across its gaming and property businesses.

Megaworld builds beach hub in Ilocos Norte

Megaworld Corp., the listed property development arm of tycoon Andrew Tan, is expanding its footprint in northern Luzon with plans for a flagship beach club inside its 84-hectare, P15-billion Ilocandia Coastown, signaling a shift from simply selling seaside homes to curating an entire coastal lifestyle.

Ayala Land builds leasing engine  for 2026

Ayala Land Inc. is steadily reshaping its growth mix, with 2026 emerging as a key milestone in its push to expand leasing and strengthen recurring income.

Environment

spot_img

Technology

Globe expands “buy now, pay later” mobile services for prepaid users

Globe Telecom Inc. is expanding its “buy now, pay later” connectivity services to help prepaid users stay connected despite ongoing global challenges.

Oracle NetSuite launches new AI tools for Southeast Asia businesses

Oracle NetSuite introduced in Manila on Tuesday a range of new artificial intelligence (AI) features aimed at helping businesses in Southeast Asia improve efficiency and grow faster.

VITRO, 8990 HDC strengthen partnership to boost IT resilience

VITRO Inc. has expanded its partnership with 8990 Housing Development Corporation to support the latter’s IT infrastructure and ensure uninterrupted business operations as it grows nationwide.

TikTok Shop intensifies PH counterfeit crackdown  

TikTok Shop is sharpening its offensive against counterfeit goods in the Philippines, stepping up local enforcement and education as part of a sweeping global purge of IP-violating listings.

Health & Science

spot_img

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

spot_img

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.