Monday, 06 October 2025, 12:27 pm

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    Satellite tech powers new PH crop insurance system

    The government, in partnership with the International Rice Research Institute (IRRI) and allied organizations, has launched a pilot project for satellite-based crop insurance and agro-advisory services aimed at strengthening climate resilience in the agriculture sector.

    EastWest champions legacy planning for family enterprises

    EastWest Bank has convened a high-level forum focused on family enterprise strategy and succession planning. The event gathered clients from EastWest’s priority, retail, and corporate banking segments, offering a structured platform to address leadership transitions and intergenerational governance.

    New firefighting robots boost Makati’s emergency response – Mayor Abby

    Makati Mayor Abby Binay today said the city government recently acquired three units of the Rosenbauer Smart Firefighting Robot to further enhance the city’s modern emergency response capabilities. The mayor said the robots offer an alternative way to aid in fire suppression and rescue efforts, especially in high-risk incidents such as those involving hazardous materials, reducing the risk to rescuers’ lives. 

    ADB to fund PH irrigation, logistics in $1.5B rice drive

    The Asian Development Bank (ADB) is allocating up to USD500 million for the Philippines under a new USD1.5 billion regional program aimed at transforming rice farming practices across the Asia-Pacific, with a strong policy focus on sustainability, climate adaptation, and food security.

    Fuel cost surge continues: up to P0.95/L increase Tuesday

    Motorists will face higher fuel costs starting Tuesday as major and independent retailers implement across-the-board price hikes. Gasoline prices will increase by P0.60 per liter, diesel by P0.95, and kerosene by P0.30, marking the fourth straight week of increases for gasoline.

    Just in

    September rice supply higher, prices lower

    The Philippines' total rice inventory rose to 2.07 million metric tons at the end of September—coinciding with the start of the wet season harvest and a two-month import ban aimed at supporting palay prices.

    Cebu Pacific seeks more Australia flights

    Cebu Air Inc., operator of Cebu Pacific, has filed a petition with the Civil Aeronautics Board (CAB) seeking additional flight entitlements to Australia to accommodate rising demand for tourism and trade.

    In Memoriam: Xavier P. Loinaz (1940–2025) Visionary leader, banking pioneer, and beloved mentor

    The Bank of the Philippine Islands (BPI) mourns the passing of Mr. Xavier P. Loinaz, former president and CEO, whose visionary leadership helped shape not only the institution but the Philippine banking industry at large. He passed away in 2025, leaving behind a profound legacy of innovation, integrity, and service.

    SEC to expand definition of REIT-eligible assets

    The Securities and Exchange Commission (SEC) will broaden the definition of income-generating assets eligible for Real Estate Investment Trust (REIT) classification to encourage more property listings.
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