Top News

DBCC cuts medium-term growth goals, keeps long-term targets

The government has lowered its medium-term economic and fiscal targets, adopting a more cautious outlook as global uncertainty, persistent inflation, and climate risks weigh on the Philippine economy, while reaffirming its commitment to long-term growth and fiscal stability.

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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.

Agriculture

Rice imports rise 20% over six months; DA vows measures to protect local farmers

The Philippines imported 2.75 million metric tons of rice in the first six months of 2026, a 20.1 percent increase from the 2.29 million MT recorded in the same period last year, the Department of Agriculture (DA) announced Wednesday in Quezon City.

Corporate

SEC approves San Miguel’s P30 billion preferred share offering

The Securities and Exchange Commission (SEC) has given the green light to San Miguel Corporation’s follow-on offering of preferred shares, valued at up to P30 billion.

Banking & Insurance

Banks slash interbank transfer fees; BSP backs cheaper digital payments

The Bangko Sentral ng Pilipinas (BSP) has welcomed the decision by several banks to reduce or remove fees for interbank digital transfers, making electronic fund transfers more affordable and easier to use for Filipinos.
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Markets

SAMA debut gives Filipino brands regional growth springboard

The launch of the Strategic Asia Marketing Alliance (SAMA) Philippines is opening a new gateway for Filipino brands seeking to expand across Southeast Asia, giving businesses access to a regional network of independent marketing agencies through a single local partner.

Travel

BINI headlines DOT’s drive for provincial tourism

The Department of Tourism (DOT) is turning to the country's biggest pop phenomenon to give Philippine tourism a fresh rhythm, naming P-pop sensation BINI as its newest tourism ambassadors.
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Energy

P10.07B risk-mitigating fund set to reenergize geothermal sector

The National Geothermal Association of the Philippines (NGAP) expressed strong optimism for the future of local renewable energy following the approval of the ₱10.07 billion Philippine Geothermal Resource De-Risking Facility (PGRDF) by the Economy and Development Council. The landmark fund specifically targets high upfront exploration and initial drilling costs, which have historically acted as barrier to greenfield geothermal projects. By absorbing a portion of the financial uncertainties, the facility targets unlocking vital indigenous baseload energy, reduce the country's reliance on imported fuels, and bolster long-term energy security.

Transport & Communications

Grab PH cuts EV charging costs for drivers, partners, top operators

Grab Philippines has entered into strategic partnerships with leading EV charging operators ACMobility and EVOxCharge that  aim to expand charging access for electric taxi and TNVS driver-partners on the Grab platform while lowering charging costs by as much as 45 percent.
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Property

Pag-IBIG cuts housing loan rates, raises borrowing cap 

The government is making homeownership more affordable after the Home Development Mutual Fund (PAG-IBIG Fund) lowered housing loan interest rates and doubled down on...

Environment

Manila Water better prepared for 2026 El Niño with diversified water sources

As the Philippines faces another El Niño episode—forecast to become a "super El Niño" by late 2026 and last into early 2027—Manila Water says it is far more capable now of delivering reliable 24/7 service than during previous dry spells.
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Technology

AWS eyes up to $5B Philippine cloud investment

Amazon Web Services (AWS) is exploring the establishment of an AWS Region in the Philippines, a project that could bring up to USD5 billion in investments over the next 15 years and significantly strengthen the country's digital infrastructure and technology ecosystem.

Health & Science

Budget chief urges UP engineers grads to build with integrity

Budget and Management (DBM) Secretary Kim Robert de Leon challenged graduates of the University of the Philippines Diliman College of Engineering to uphold integrity, reject substandard work, and use their expertise to build infrastructure that serves the Filipino people.
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Opinion

Phoenix pumps more assets into the recovery tank

Every gas station has two values: the fuel it...

Upper-middle income, yet many Filipinos still feel left behind

The Philippines has earned an economic promotion. The World Bank now classifies it as an upper-middle-income economy, a milestone reached after years of growth and a steady post-pandemic recovery under President Ferdinand Marcos Jr.

The great fork heist and other national priorities

At long last, the public can sleep soundly. The National Capital Region Police Office has announced the arrest of a 43-year-old man accused of attempting to make off with 26 forks and seven silver spoons from a Manila hotel—the estimated value of the alleged loot is P12,658.14.

Reframing the South China Sea conversation 

For more than a decade, the South China Sea has been ASEAN's diplomatic traffic jam. Everyone knows there is a problem. Everyone agrees it matters. Yet the moment the conversation turns to China, the convoy grinds to a halt.