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US markets plunge amid rising China trade tensions

U.S. shares tumbled on Thursday as mounting trade tensions with China overshadowed initial relief from President Donald Trump’s earlier decision to delay higher tariffs on America’s trading partners.

MCWD in 25-year desalination venture with Vivant

Vivant Corp. water unit Vivant Hydrocore Holdings Inc. (Vivant Water) has signed a 25-year joint venture with the Metropolitan Cebu Water District (MCWD) to supply Metro Cebu with clean, potable water through a large-scale desalination facility in Cordova, Cebu.

Farmers’ group pushes for minimum palay buying price to shield producers

The Federation of Free Farmers (FFF) is urging the government to impose a minimum buying price for palay, warning that plummeting farmgate prices driven by cheaper rice imports and other factors are threatening the livelihoods of Filipino rice farmers.

Soybean meal imports to rise on strong feed demand — USDA

The Philippines is expected to import 3.35 million metric tons (MT) of soybean meal (SBM) in marketing year (MY) 2025-2026, a 3.1 percent increase from the previous year’s 3.25 million MT, according to the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) in Manila.

Regulators probe PAL flight diversion, demand passenger compensation

Transportation secretary Vince Dizon has ordered an investigation into the emergency diversion of Philippine Airlines (PAL) flight PR102 to Tokyo’s Haneda Airport, directing aviation regulators to hold the flag carrier accountable and ensure full compensation for affected passengers.

Just in

Major developers explore future Bilibid township project 

Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.

Caltex widens network, reaches 600 Philippines stations

Chevron Philippines is accelerating the expansion of its retail fuel network as Caltex reached the 600-station mark nationwide following the opening of six new service stations in the first quarter of the year.

Manulife Philippines taps Manish Sangal to drive AI

Manulife Philippines has appointed Manish Sangal as deputy chief executive officer as the insurer strengthens its leadership team and accelerates its digital transformation strategy in the Philippine market.

BPI expands sustainability push beyond green finance 

Bank of the Philippine Islands is widening its sustainability agenda beyond environmental initiatives, ramping up support for underserved sectors, small businesses, and financial inclusion programs nationwide.
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