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Moody’s affirms Philippine rating despite growth slowdown

Moody’s Ratings affirmed the Philippines’ Baa2 sovereign credit rating on Monday, citing expectations that the government’s fiscal position will stabilize over the next two years despite a sharp slowdown in economic growth.

News Dispatch

Agriculture

Luzon dams gain water ahead of El Niño

Luzon’s major dams have gained substantial amounts of water after weeks of torrential rain, giving the country a stronger buffer against the drier conditions that could accompany a potentially strong El Niño.

DA upgrades market early-warning system against farm losses, boosts supply chain resilience 

The Department of Agriculture’s Agricultural Marketing Assistance Service is enhancing its market early-warning system to anticipate supply disruptions, connect farmers with buyers earlier, and stop produce from spoiling or being sold at steep, below-cost prices. The initiative draws on lessons from the Middle East conflict, when the department used emergency procurement to keep agricultural goods moving despite sharp rises in logistics costs.

Philippine hog output rises as farmgate prices plunge

The Philippine hog industry produced more pork in the second quarter, but hog raisers were paid sharply less for it.

Agri damage from habagat, 3 storms hits ₱1.79B

Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Corporate

A Brown expands water business with subsidiary 

A Brown Co. Inc. is expanding its water business after securing authority to subscribe to an additional 20 million common shares in its subsidiary, AB Bulk Water Company Inc., as the group prepares to consolidate its water assets and pursue new projects.

SEC advances to next reform phase to ease startups, boost capital market access and liquidity

The Securities and Exchange Commission (SEC) on Monday unveiled the next phase of its reform agenda, introducing targeted measures to cut red tape, speed up business formation, lower costs, and strengthen liquidity and competitiveness across the Philippine capital market. The announcement comes as SEC chairman Francis E. Lim marks his first year in office.

Roxas & Co. secures P1.93-B loan for recovery, deleveraging 

Roxas and Co. Inc. has secured a P1.93-billion term loan from China Banking Corp., a key step to strengthen its finances and support long-term growth, the company disclosed Monday. Proceeds will refinance existing debt across the parent firm and its subsidiaries and fund general operations, giving the group more financial room to advance its turnaround plan.

BSP honors outstanding South Luzon institutional parties in 2026 stakeholder ceremony

The Bangko Sentral ng Pilipinas (BSP) recognized 10 outstanding institutional partners from South Luzon during the 2026 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held on August 24, 2026. The awardees were honored for their strong support of the BSP’s currency management programs, including the Cash Service Alliance, as well as their efforts in promoting digital payments and expanding financial literacy among businesses, students, and local communities.

Banking & Insurance

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Corporate Bulletins

BSP honors outstanding South Luzon institutional parties in 2026 stakeholder ceremony

The Bangko Sentral ng Pilipinas (BSP) recognized 10 outstanding institutional partners from South Luzon during the 2026 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held on August 24, 2026. The awardees were honored for their strong support of the BSP’s currency management programs, including the Cash Service Alliance, as well as their efforts in promoting digital payments and expanding financial literacy among businesses, students, and local communities.

PAL launches biggest-ever seat sale: up to 60% off, daily vouchers, flexible payment options

Philippine Airlines (PAL) has unveiled its largest fare promotion to date, giving passengers seven days to lock in discounted tickets for flights across its wide domestic and international route network.

Home Credit names new CMO

Home Credit Philippines has appointed Gabriel “Gabby” Roxas as chief marketing officer, effective August 3, 2026.

Security Bank Capital named Best DCM Investment Bank by Euromoney

Security Bank Capital Corporation, the investment banking arm of Security Bank Corporation, has been awarded Philippines’ Best Investment Bank for Debt Capital Markets (DCM) at the Euromoney Awards for Excellence 2026.

Social Responsibility & Sustainability

From Yolanda Meals to nationwide resilience: ARMK and FoodAID build community-led disaster response

When Typhoon Yolanda struck in 2013, artists Precious Leaño and Alex Baluyut asked a simple question: “Can we cook for them?” — “them” being survivors arriving at Villamor Air Base from Tacloban, many days without proper food. Using their own equipment and artist network, they mobilized volunteers to serve hot meals around the clock.

Aboitiz pushes circular economy across businesses 

The Aboitiz Group is broadening its circular economy strategy across its businesses, seeking to turn waste, water, energy, and other resources into inputs for other industries as rapid urbanization and industrial growth put mounting pressure on infrastructure and natural resources.

When floodwaters rose, Meralco brought relief

The floodwaters came fast, swallowing roads, closing small businesses, and turning familiar streets into stretches of murky water.

CIAC turns over 250 ChariTimba food packs to aid flood-hit Pampanga families

Clark International Airport Corp. (CIAC) provided relief to flood-affected families in Pampanga on Tuesday, turning over 250 ChariTimba food packs to the Social Action Center of Pampanga, Inc. (SACOP).

Markets

PSEi rangebound as peso awaits BSP rate decision

Philippine financial markets are likely to remain cautious on Monday, with the PSEi expected to trade sideways as investors await the Bangko Sentral ng Pilipinas’ Aug. 27 policy decision and assess persistent inflation, currency, and growth risks.

Harbor Star leads PSE weekly gainers, Swift Foods slides

Harbor Star Shipping Services Inc. led the Philippine Stock Exchange’s (PSE) weekly price gainers, while Swift Foods Inc. posted the steepest decline, according to the latest PSE market data.

SEC seeks public input on market-making rules

The Securities and Exchange Commission is seeking public comments on proposed rules governing market making, a practice intended to make it easier for investors to buy and sell securities while keeping trading orderly and transparent.

Mega Sardines lands in 2,750 Kroger stores nationwide

Filipino canned sardines brand Mega Sardines has secured a major foothold in the US mainstream grocery market, entering at least 2,750 stores of supermarket giant Kroger as Mega Global Corp. accelerates its international expansion.

Travel

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Energy

Negros Power compliant with allowable system losses cap, ERC clarifies

The Energy Regulatory Commission (ERC) on Monday (24 August 2026) clarified that Negros Electric and Power Corp. (NEPC) was operating well within its allowable system losses cap after being wrongly identified as noncompliant with the cap for private distribution utilities (DUs).

DOE: ₱7.5B needed to eliminate power theft losses; anti-pilferage drive goes digital via eGovPH

The Department of Energy (DOE) has estimated that at least ₱7.5 billion in investments will be required to fully eliminate non-technical systems loss across the country’s power network, even as it launched the Brigada Kontra Jumper program on Monday to curb electricity theft and related abuses through the eGovPH digital platform. Systems loss refers to the gap between energy produced and energy delivered, split into technical losses—an unavoidable physical effect of power transmission—and non-technical losses, driven primarily by illegal connections, meter tampering, and power pilferage. These losses are currently passed on to all consumers as a uniform charge collected by distributors and electric cooperatives, making the issue a direct financial concern for every household and business.

Fuel prices rise; two-week hikes hit up to P6.15/L 

Fuel prices will go up across all categories for the second consecutive week, further raising costs for households, transport operators, and businesses nationwide, the Department of Energy (DOE) confirmed on Monday. Starting 6 a.m. on August 25, per-liter prices will increase by P1.08 for gasoline, P2.31 for diesel, and P0.95 for kerosene. Seaoil has already confirmed it will implement these adjustments, with a slight difference for kerosene at a P0.91 per liter hike instead of the projected P0.95.

Meralco upgrades North Port Substation to boost Manila power reliability

Meralco, led by Manuel V. Pangilinan, has upgraded its North Port Substation in Tondo to strengthen network safety and service reliability.

Transport & Communications

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Property

DOF says RPVARA delay will not mean tax hikes 

The Department of Finance (DOF) has assured property owners and housing developers that the deferred rollout of the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically lead to higher property taxes, giving local governments more time to prepare for the overhaul.

UPLB rental housing opens new option for workers

The government is moving ahead with a pilot rental housing project at the University of the Philippines Los Baños (UPLB), opening a new affordable housing option for low-income university employees, students, and nearby informal settler families.

BCDA advances Bonifacio Capital District infrastructure plans

The Bases Conversion and Development Authority (BCDA) is moving ahead with road and utility plans for the 160-hectare Bonifacio Capital District (BCD) in Taguig, seeking a consultant to prepare detailed engineering designs for the planned infrastructure.

BCDA pushes BGC, Camp John Hay masterplans

The Bases Conversion and Development Authority (BCDA) is pushing ahead with updated masterplans for Bonifacio Global City (BGC) and Camp John Hay, with key decisions on both estates expected before the end of the year.

Environment

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Technology

DICT bolsters online safeguards vs harmful content, targets NVE to protect youth

The Department of Information and Communications Technology (DICT) is ramping up action to stop the spread of nihilistic violent extremism (NVE) and other dangerous online content, responding to growing risks that expose children and young Filipinos to graphic violence, exploitation, and materials that can encourage harmful behavior.

₱2.74-T digital economy raises online IP concerns

The rapid expansion of the Philippine digital economy is putting intellectual property protection higher on the business agenda as brands increasingly build sales, reputations, and customer relationships online.

Globe boosts Pavia network with over 10 5G sites to support local growth

Globe has upgraded its network in Pavia, launching more than 10 5G sites alongside over 15 existing cell sites to deliver faster, more reliable mobile services for residents, businesses, and visitors.

Converge steps up online child protection; blocked 12B harmful content requests in 2025

Fiber broadband provider Converge ICT Solutions Inc. has strengthened its efforts to create a safer online environment, particularly for children, denying nearly 12 billion requests to dangerous or inappropriate websites in 2025 and blacklisting more than 72,000 associated domains.

Health & Science

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Opinion

Violent games are no simple school-shooting trigger

Every generation gets its villain. In 1979, it was Voltes V and other Japanese robot cartoons. Today, as the Philippines confronts fresh school shootings, the finger is pointing at Roblox.

Tighten gun laws after school shootings

The livestreamed shooting at a school affiliated with Ateneo de Zamboanga University should end the country’s familiar cycle of outrage, condolences, and calls for tighter security. It should instead trigger a harder look at how firearms are acquired, stored, and kept out of the hands of those who should never have them.

EDSA puts Dizon to the test

Public Works Secretary Vince Dizon spent much of the past year cultivating the image of a no-nonsense reformer determined to clean up one of government’s most corruption-tainted agencies.

Lawyers still owe decency in impeachment trial

Impeachment may be political. It may be bruising, theatrical, and occasionally combustible. But it is still a legal proceeding, and lawyers do not get a temporary exemption from good manners simply because the stakes are high.

Sports & Entertainment

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Exclusive

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.

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.