Top News

SEC bares new rules for credit rating agencies 

The Securities and Exchange Commission (SEC) has issued a revised set of regulations for credit rating agencies, putting in place a stronger system centered on better governance, greater transparency, and improved analyst competence and independence. The updated framework follows global standards set by the International Organization of Securities Commissions, helping bring local practices in line with international best practices.

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The discipline behind SM’s 68 years in business

Building a business that lasts takes more than expanding into new markets. It requires sound decisions, careful management of risks, and the financial strength to withstand difficult periods.

Agriculture

Researchers step up heat-resistant carabao breed amid El Niño threat 

The Philippine Carabao Center-National Institute for Animal Sciences is moving forward with the second phase of its heat-tolerant carabao development project, funded by the Department of Agriculture Biotechnology Program, as the country braces for a strong El Niño expected to worsen by late 2026. The initiative builds on the existing Genetic Improvement Program, now adding thermotolerance as a key trait in selecting breeding stock to identify males and females that can pass on heat-resilient characteristics to their offspring.

Corporate

Meralco earns 4th consecutive Golden Arrow recognition for strong corporate governance

Manuel V. Pangilinan-led Manila Electric Company (Meralco) has once again secured the prestigious Four Golden Arrow award, marking another milestone in its commitment to upholding high standards of corporate governance.

Banking & Insurance

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Markets

Philippine stocks face fresh pressure as rate hike, inflation cloud outlook

Philippine stocks could extend losses this week as higher interest rates, persistent inflation, and peso weakness threaten corporate earnings, with analysts urging investors to favor defensive shares until clearer signs of a market recovery emerge.

Travel

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Energy

LLDA backs Prime Infra’s 1,400-MW Pakil storage project

The Laguna Lake Development Authority (LLDA) has expressed support for Prime Infra’s 1,400-megawatt Pakil Pumped Storage Hydroelectric Power Project in Laguna, as the developer advances a facility designed to strengthen grid reliability and support renewable energy integration.

Transport & Communications

Dizon sets clear priorities for DOTr: fix LTO, boost commuter experience, strengthen road safety

Incoming Transportation Secretary Vince Dizon has laid out his key priorities as he returns to lead the Department of Transportation, placing urgent focus on improving daily commutes, enhancing road safety, and overhauling long-standing problems at the Land Transportation Office.
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Property

Condo payment shock fuels cancellations as Metro Manila inventory stays high

Metro Manila’s condominium market continues to grapple with persistent oversupply as buyers withdraw from purchases when monthly payments jump sharply upon transitioning from developer financing to bank loans.

Environment

Public feedback set for P3.2-billion Pangasinan project

The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) will hold a public scoping meeting on October 29, 2026, for the proposed 12-megawatt waste-to-energy (WTE) facility here, a key step that gives local residents and stakeholders a voice before the project moves forward.
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Technology

EU–Philippines AI Lab targets research commercialization, investment

The Philippines and the European Union are advancing an artificial intelligence laboratory designed to bring research closer to market, attract investment and encourage responsible AI adoption across businesses and government.

Health & Science

AC Health, US partner plan Pasig hospital project 

Ayala Corporation’s healthcare arm AC Health and US-based healthcare operator Bon Secours Mercy Health (BSMH) are planning a flagship hospital campus in Pasig City, a proposed investment that could help keep more Filipinos’ healthcare spending in the country by expanding access to advanced medical treatments locally.
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Opinion

Tourism crossroads

Christmas is coming, and with it, the annual homecoming of thousands of overseas Filipinos eager to reunite with their families, enjoy familiar food, visit favorite destinations, and celebrate the holidays in the Philippines.

The game is never just a game

There are few things more amusing than watching otherwise sensible adults become unreasonable over a basketball game played by people young enough to be their children. A missed free throw becomes a character flaw. A referee’s call becomes evidence of a conspiracy. A victory is proof that an entire institution is superior, while a defeat is something that requires immediate explanation. The players may be the ones on the court, but the people in the stands often behave as though their own futures are at stake.

Palengke prices: Ay naku, not again

Woke up this morning hoping for a reset, with my circadian rhythm hopefully back on track after weeks of near-sleeplessness, due in part to bodily changes occasioned by advancing age and to the ayuda economy, which has gone from bad to worse to overdrive. I cannot believe what has recently been printed in both legacy news outlets and portals like the one where I currently work, or the level of absurdity that has pervaded the country. When I ask any reasonable person what ails the Philippines, with its rich resources and poor economic performance, the retort and the discussion that follow quickly turn absurd. The survey firms Pulse Asia and OCTA have a four-word answer: the cost of living. Two-thirds of the country say the most urgent issue is inflation, and that “public sentiment . . . is being shaped primarily by economic strain and the rising cost of living.”

Getting the electric car right

A Toyota is not a car that makes you want to write poetry. It is a car you get into, press the start button, select Drive, and take wherever you need to go. No drama, no complicated rituals, no need to call the children over to explain how to operate the touchscreen.