Top News

Senate elects new leaders as Escudero joins session

The Senate broke a two-day leadership deadlock on Wednesday after former Senate President Francis Escudero joined the chamber’s session, paving the way for the election of Sherwin Gatchalian as the new Senate president and the reorganization of key committees. The leadership change is expected to face legal and procedural challenges from allies of former Senate President Alan Peter Cayetano, who dispute the validity of the proceedings. Among the chamber’s first actions under the new leadership was the designation of a presiding officer for impeachment trials, except in cases involving the President, signaling efforts to restore the Senate’s legislative and constitutional functions after days of paralysis.

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Context Dispatch

Exclusive

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

Corporate

DigiPlus clears key requirement for P12-billion IEC acquisition deal

Online gaming company DigiPlus Interactive Corp. announced Thursday it has met the second set of conditions under its subscription agreement with Hong Kong-listed International Entertainment Corp. (IEC), moving forward with a major expansion plan.

Banking & Insurance

BSP brings money management tools to Zamboanga farming communities

The Bangko Sentral ng Pilipinas (BSP) has brought its economic and financial learning program (EFLP) to Zamboanga City, targeting farmers, fisherfolk, agri-entrepreneurs, cooperative members, rural households, and local agriculture workers.
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Markets

SEC director arrested in NBI extortion sting

The Securities and Exchange Commission (SEC) said Wednesday that one of its directors has been arrested by the National Bureau of Investigation (NBI) in an entrapment operation over the alleged extortion of a private corporation.

Travel

New premium lounge at NAIA Terminal 3 now serving global airlines 

A new shared premium lounge at Ninoy Aquino International Airport (NAIA) Terminal 3 has begun operations, welcoming passengers from seven international carriers less than a month after its launch, with more airlines set to join in the coming months.
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Energy

Angeles Power secures P2B loan for Tarlac solar project expansion

Angeles Power Inc. (API), parent firm of listed renewable energy player Raslag Corp., has obtained a P2 billion loan from the Bank of the Philippine Islands to fund its 49.9-megawatt Paldo solar facility in Tarlac.

Transport & Communications

Batangas Port delivers $28M economic boost

The Batangas Integrated Port (BIP), operated by Asian Terminals Inc. (ATI) in partnership with DP World, generated an estimated USD27.8 million in economic output and supported 2,340 jobs across the Philippines in 2024, underscoring the growing role of regional ports in driving trade and economic activity.
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Property

SM Prime hits pause on P18B bond sale

SM Prime Holdings Inc. has put the brakes on a planned bond offering of up to P18 billion, opting to wait for more favorable market conditions as it seeks funding for an ambitious expansion and redevelopment program across the country. 

Environment

Tripartite deal strengthens climate reporting and verification in PH

The Securities and Exchange Commission (SEC) formalized a cooperation deal with Japan’s Ministry of the Environment (MOEJ) and the Department of Environment and Natural Resources (DENR) on Thursday to improve how greenhouse gas emissions are measured, reported, and verified, and to strengthen climate-related transparency across sectors.
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Technology

Fiber expansion drives Globe’s 6% rise in Home broadband revenues 

Globe Telecom Inc. is accelerating the expansion of its fiber infrastructure to keep up with rising demand for high-speed internet, a move it sees as key to its long-term growth.

Health & Science

Back-to-school costs rise for many Filipino families

Parents preparing for the opening of classes on June 8 will face higher prices for a significant portion of school supplies, with the Department of Trade and Industry (DTI) reporting that nearly one-third of monitored items cost more than they did a year ago.
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Opinion

Ghosts of 1949 haunt today’s Senate

The Philippine Senate has a remarkable talent for proving that history never really leaves the chamber. It merely changes surnames.

Silent senators forfeit democracy’s mantle

The Senate has been regarded as the last bastion of democratic dissent—a chamber where statesmen stood their ground, challenged power, and refused to let their voices be drowned out by political pressure or executive overreach. It was where difficult questions were asked, unpopular truths were spoken, and silence was treated not as a virtue but as a surrender.

Senate descends to institutional absurdity

If anyone still believed the Philippine Senate had reached rock bottom, the May 25 session suggested there was, in fact, a trapdoor beneath the floor.

Senate power shift risks Estrada-style backlash

The sudden leadership shake-up in the Senate ahead of the impeachment trial of Vice President Sara Dutertel may yet prove a poisoned chalice—a glittering prize that offers control today but threatens political liability tomorrow.