The Department of Agriculture (DA) and Philippine Space Agency (PhilSA) formalized a five-year partnership Tuesday to deploy Earth observation, geospatial tools, and AI for strengthening agriculture, fisheries, disaster response, and climate resilience. The collaboration uses satellite data to speed up damage detection, improve irrigation planning, and shield food production from floods, droughts, and other risks.

Media giant ABS-CBN Corp. is set to lay off approximately 200 employees, representing roughly 7 percent of its total workforce, as it continues to grapple with persistent challenges in the content and advertising sectors.

The Department of Energy has formally certified that the one-month average price of Dubai crude oil has surpassed the $80-per-barrel threshold set by Republic Act 12316, triggering the process to consider suspending or reducing fuel excise taxes. From August 13 to September 11, 2026, the benchmark averaged $99.41 per barrel.

Mynt Inc., the fintech giant behind the widely used GCash app, is set to launch a historic initial public offering expected to reach roughly ₱92 billion. If finalized, the transaction will mark the largest fundraising event in the history of the Philippine Stock Exchange.

India’s InterGlobe Enterprises is seeking to open direct air links between Delhi and Mumbai and key Philippine gateways, potentially giving trade, tourism, and cargo flows between the two economies a significant boost.

St. Luke’s Medical Center (SLMC) has opened a Lung Nodule Assessment Clinic in Quezon City, expanding its specialized services as more pulmonary nodules are detected through routine chest X-rays and CT scans.

GAC Philippines is stepping up its hybrid push with the launch of the E8 HEV, a seven-seater multipurpose vehicle priced from P1.86 million, as demand for more fuel-efficient vehicles gains traction in the local market.

The Philippines is tightening its fight against forced labor as tougher labor standards in major markets increasingly turn worker protection into a trade and export competitiveness issue.

Converge ICT Solutions Inc. and AmCham Visayas have formed a strategic alliance to drive digital transformation across the Visayas, boosting economic growth and enterprise resilience. Through Converge Global Business, their partnership was highlighted at the recent “Digital Transformation in Action” forum at Bai Hotel Cebu, attended by executives, officials, and industry leaders who recognized robust digital infrastructure as key to innovation and modernization.