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malaya Business Insight - April 23, 2026

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In this issue

April 23, 2026

PH stocks fall as investors await BSP rate decision

SHARE prices fell Wednesday as investors turned cautious ahead of the Bangko Sentral ng Pilipinas' policy decision, with persistent foreign selling dragging the main index back below the 6,000 mark.

1 mins

PCCI backs lifting coal plant ban as DOE reviews policy

THE Philippine Chamber of Commerce and Industry (PCCI) on Wednesday backed a possible lifting of the moratorium on new coal-fired power plants, aligning itself with the Department of Energy's review of the 2020 policy amid concerns over power supply and rising fuel costs.

1 mins

Business group seeks 5% tariff on out-of-quota corn imports To stabilize meat, egg prices

The Foundation for Economic Freedom (FEF) has asked the Tariff Commission to cut the duty on out-of-quota corn imports to 5 percent, arguing that cheaper corn could reduce animal feed costs and help keep pork, chicken, and egg prices in check.

2 mins

Air fares jump in 2nd half of April – CAB

AIR passengers are paying sharply higher fares in the second half of April after the Civil Aeronautics Board (CAB) more than doubled the fuel surcharge level to a record Level 19, reflecting the surge in global jet fuel prices.

1 mins

Insured deposits increase 41% as MIDC payout doubled – PIDC

INSURED deposits in the Philippine banking system surged 40.9 percent to P5.2 trillion in 2025 after the government doubled deposit insurance coverage to P1 million, reinforcing depositor confidence and strengthening the country’s financial safety net.

2 mins

AMLC FLAGS P6.8B IN SARA, CARPIO BANK TRANSACTIONS

THE Anti-Money Laundering Council (AMLC) told the House impeachment panel on Wednesday that accounts linked to Vice President Sara Duterte and her husband, Manases Carpio, were flagged for P6.77 billion in covered and suspicious transactions from 2006 to 2025, intensifying lawmakers' focus on the gap between those bank records and her declared wealth.

2 mins

Think tank sees BSP rate hike as inflation pressures deepen

A RATE hike has become a policy necessity for the Bangko Sentral ng Pilipinas as inflation pressures spread beyond supply shocks and begin to seep more deeply into the broader economy, Global Source Partners Inc. said.

2 mins

Insured

of the total increase in insured deposits.

1 mins

WARSH SAYS HE MADE NO RATE-CUT PROMISES TO TRUMP, PLANS 'ROBUST' FED REFORMS

Federal Reserve chief nominee Kevin Warsh said on Tuesday he had made no promises to President Donald Trump about cutting interest rates, as he tried to assure US senators mulling his confirmation to lead the US central bank that he would act independently of the White House while pursuing broad reforms.

3 mins

Consumer watchdog group files suit alleging Meta profited on ads for scams

THE Consumer Federation of America has filed a class-action complaint against Meta Platforms alleging that the social-media giant has profited from advertising for fraudulent activities on its platforms and misled users about its efforts to combat the problem.

1 mins

Chinese crypto tycoon eyes HK capital with bitcoin asset management push

Chinese crypto tycoon Li Lin plans to move a trading system and team from his family office to Hong Kong-listed Bitfire Group where he is the largest shareholder, in an effort to tap into demand for digital assets among investors and institutions.

1 mins

Megaworld sets turnover of P21B big-ticket projects in 2026

MEGAWORLD Corp. is expecting to turn over P21 billion-worth of big-ticket properties in 2026.

2 mins

Acen mulls options to raise additional capital for RE expansion

ACEN Corp. said that it is evaluating several options to raise additional capital this year for additional renewable energy (RE) projects.

1 mins

Security Bank to ramp up growth strategy anchored on improved efficiency, lower carbon impact

SECURITY Bank Corp. announced that it plans to reduce Scope 1 and 2 emissions-intensity from its own operations by 62 percent by 2035, as it strengthens discipline in managing cost, efficiency, and long-term sustainability.

1 mins

DA formalizes regionalization approach for Avian Influenza cases of UK poultry imports

THE Department of Agriculture (DA) announced that it formalized the regionalization measures for High Pathogenicity Avian Influenza (HPAI) in the United Kingdom (UK).

1 mins

ERC ORDERS MERALCO TO REFUND P14.17B TO ITS CUSTOMERS OVER 12 MONTHS

THE Energy Regulatory Commission (ERC) has rendered its final decision in directing the Manila Electric Co. (Meralco) to refund the remaining balance of P14.17 billion to its customers within a shorter period.

1 mins

Developers push urgent overhaul of socialized housing policy

Property developers are calling for sweeping reforms to the government's socialized housing framework, warning that current policies risk undermining both housing affordability and the viability of the industry itself.

2 mins

Hotel Okura Manila celebrates with elevated Japanese dining and refined stays

In a celebration that blends heritage, precision, and quiet luxury, Hotel Okura Manila marks its anniversary with Four Years of Timeless Omotenashi-a month-long showcase of Japanese craftsmanship, seasonal cuisine, and exclusive privileges across its signature dining spaces and accommodations.

2 mins

NUSTAR Online champions Filipina excellence at Billboard Philippines Women in Music 2026

NUSTAR Online stepped into the spotlight as a major sponsor of Billboard Philippines Women in Music 2026, underscoring its commitment to championing culture, creativity, and elevated entertainment experiences—fittingly aligned with the spirit of Women’s Month.

1 mins

Mactan-Cebu International Airport is redefining seamless travel in the Philippines

The journey doesn’t begin at the destination—it begins the moment you land.

2 mins

Metrobank extends winning streak, bags PDS top honor for 11th consecutive year

Metropolitan Bank & Trust Co. (Metrobank) continues to set the pace in the country's financial markets, securing top honors at the 2026 Philippine Dealing System (PDS) Annual Awards-marking an unprecedented 11th straight year of recognition.

1 mins

USTR GREER URGES US ALLIES TO PAY MORE FOR CRITICAL MINERALS, FT REPORTS

US Trade Representative Jamieson Greer has told American allies they must pay more for critical minerals sourced from outside China, the Financial Times reported on Wednesday.

1 mins

Trump mulls extending shipping waiver to ease US oil shipments, Axios reports

US President Donald Trump is considering extending the Jones Act waiver, which allows foreign-flagged cargo ships to move fuel and other goods between domestic ports, Axios reported on Tuesday, citing US officials.

1 mins

Iran war may crush oil demand today, but send it soaring long term

While oil demand destruction deepens with each passing day the Strait of Hormuz remains closed, the longer term impact of the Iran war may paradoxically work in oil's favor.

2 mins

Oil prices rise after reports of container ships in Hormuz being hit by gunfire

Oil prices jumped on Wednesday with Brent trading above $100 a barrel, erasing earlier losses following reports of gunfire attacks on at least three container ships in the Strait of Hormuz.

1 mins

Aluminum faces 'black swan' supply shock, Mercuria says

The global aluminum market is experiencing a “black swan” event as disruptions due to the Middle East war trigger a supply shock that will lead to major shortages this year, according to the top metals analyst at commodity trader Mercuria.

1 mins

How the Iran war oil and gas supply shock compares with past disruptions

The US-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though at least one earlier shock had a greater cumulative impact, according to Reuters calculations based on International Energy Agency and US Department of Energy data.

4 mins

Public trust and approval amid the energy emergency

THE latest results of the OCTA Research survey provide a clear signal: public confidence in President Ferdinand Marcos Jr. is on the climb.

2 mins

'I am the Watcher on the Walls!'

WHAT are the links closely binding decolonization and decarbonization and how do these shape our people's aspiration to industrialize today?

4 mins

Ukraine says some Russian missiles fly near Chornobyl, risking major accident

Russia has repeatedly launched drones and missiles on a flight path near the disused Chornobyl nuclear plant during attacks on Ukraine, elevating the risk of a major accident, Ukraine's top state prosecutor told Reuters.

2 mins

Globe taps First Gen to expand indigenous energy sources in Mindanao, Caloocan City

GLOBE Telecom Inc. announced that it has forged a partnership with the First Gen Group to supply electricity from geothermal and hydroelectric sources to power key facilities in Mindanao and Caloocan City.

1 mins

Nickel Asia acquires stakes in Kazakhstan copper mine

LISTED mining firm, Nickel Asia Corp. (NAC) has entered into a membership interest sale and purchase agreement (SPA) that will allow the company to have a 20 percent stake in East Copper Production LLP.

2 mins

DA: possible endemic goby species found in CamSur lake

THE Department of Agriculture (DA) announced that researchers from the National Fisheries Research and Development Institute (NFRDI) found a possible endemic status of a small goby, locally known as tabyos, in Lake Bato, Camarines Sur.

1 mins

DOE vows immediate action to ensure reliable, continuous power supply to Catanduanes

THE Department of Energy (DOE) has assured Catanduanes province that the national government is decisively and immediately moving to restore reliable and continuous supply of electricity across the island.

1 mins

PSA: Central Luzon had largest share in agri, fisheries output in 2025

THE Philippine Statistics Authority (PSA) said that Central Luzon produced the most agriculture products in 2025, data show.

1 mins

Ortigas Land taps Advent Upgrade Inc. to install solar photovoltaic system at GH Mall in San Juan City

ADVENT Upgrade Solar Inc. (AUSI), the joint venture between Aboitiz Power Distributed Renewables, Inc. and Upgrade Energy Philippines, has been tapped by Ortigas Land Corp. to install a 1,587.20 kilowatt-peak (kWp) solar photovoltaic system as part of a 20-year power purchase agreement (PPA) that will power GH Mall in San Juan City.

1 mins

CEBU LANDMASTERS OPENS THE FIRST RADISSON RED HOTEL IN PH

CEBU Landmasters Inc. (CLI) has opened its P1.99 billion Radisson RED Cebu Mandaue, the first Radisson RED in the Philippines, the company announced.

1 mins

Japan bonds fall as US-lran talks uncertainty fuels inflation fears

Japanese government bonds slumped on Wednesday after rallying for two sessions, as uncertainty surrounding US-Iran peace talks and elevated oil prices reignited inflation concerns.

1 mins

STOCKS SLIP FROM PRE-WAR PEAK ON MIDEAST CEASEFIRE DOUBTS, FALLOUT WORRIES

Equities in emerging Asia declined on Wednesday as investors looked beyond the indefinite extension of Iran ceasefire to the implications of crude supply disruptions on inflation and economic growth in the region.

1 mins

STOCKS RISE, OIL DIPS UNDER $100 AS TRUMP EXTENDS IRAN CEASEFIRE

US stock futures rose, the dollar wavered and oil prices fell below $100 on Wednesday after President Donald Trump said he would indefinitely extend the Iran ceasefire.

2 mins

Gold rises as oil weakens after US extends ceasefire with Iran

Gold prices rose on Wednesday as lower oil prices, following a US extension of a ceasefire with Iran, eased fears of an inflation spike and prolonged high interest rates.

1 mins

Dollar steady as markets navigate Iran ceasefire uncertainty

The dollar was steady though it traded near a one-week high on Wednesday, as uncertainty over the conflict in the Middle East appeared to persist even after US President Donald Trump extended indefinitely a ceasefire with Iran.

1 mins

MMPress strikes back

IN the years after the cameras stopped rolling on studio lots, after press cons moved to Zoom and after the silence that fell when ABS-CBN went dark in 2020, the Philippine entertainment press found itself asking a question it had rarely needed to ask before: what are we for? For decades, the answer was simple enough.

6 mins

SPEED to honor Vice, Maricel, 'KimPau,' Richard Gutierrez at 9th Eddys

AS viewing habits continue to evolve, local cinemas are relying on popular film releases to drive ticket sales.

1 mins

Alden Richards done with ‘grind, grind, grind’ routine

AT 15 years in the industry, Alden Richards is easing into what he describes as a more balanced, “healthy era” defined not just by career longevity but by a deliberate shift toward wellness, discipline and, more recently, endurance sports.

2 mins

IAN MCKELLEN, MICHAELA COEL SPAR IN SODERBERGH’S ‘THE CHRISTOPHERS’

British actors Ian McKellen and Michaela Coel clash and conspire in Steven Soderbergh's new art world-set comedy drama “The Christophers.”

1 mins

Strawberry, Biscoff, and Cheese in new Mang Inasal Halo-Halo treat

INSPIRED by the demand for trending, dessert-style flavors, this latest take on the classic halo-halo arrives just in time for the strawberry season.

1 mins

KFC celebrates return of iconic Garlic Butter Fest

TO mark the highly anticipated return of one of its most requested limited-time offers, KFC is going all out-literally turning one of its stores, KFC Quezon Avenue, into gold, glazed in gold-to celebrate the comeback of its iconic Garlic Butter Fest.

1 mins

Summer break turns into hands-on learning with JolliKids Fun Camp

Strawberry, Biscoff, and Cheese in new Mang Inasal Halo-Halo treat INSPIRED by the demand for trending, dessert-style flavors, this latest take on the classic halo-halo arrives just in time for the strawberry season.

3 mins

Coastal Filipino comfort food at Fairfield's DAVOS

FOOD offers the most genuine window into a place's culture and character.

1 mins

HAWAIIAN-INSPIRED POKÉBEE NAMED AS MERCATO CENTRALE'S 'THE NEXT BIG FOOD ENTREPRENEUR'

MERCATO Centrale Group, the Philippines' premier food business incubator, has officially crowned PokéBee, a fast-casual brand specializing in flavorful, localized Hawaiian bowls, as the grand winner of its flagship program, The Next Big Food Entrepreneur (NBFE) 2026.

1 mins

Request to bar Romualdez's travels submitted for resolution

A SANDIGANBAYAN ruling on the application of the Office of the Ombudsman for a precautionary hold departure order (PHDO) against former House Speaker Ferdinand Martin Romualdez is expected to be issued today, Thursday, after the court's Seventh Division declared the matter submitted for resolution after Wednesday's hearing.

6 mins

Iran seizes ships in Hormuz after Trump halts attacks

Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip on the strategic waterway after President Donald Trump called off attacks indefinitely with no sign of peace talks restarting.

2 mins

Marcos told: Answer petition on health status

THE Supreme Court has directed President Ferdinand Marcos Jr. and Executive Secretary Ralph Recto to answer the petition filed by a group led by former Speaker Pantaleon Alvarez seeking disclosure of the president's physical and mental health status, including a request for him to undergo a hair follicle drug test.

2 mins

PBBM leads 100th canonical coronation of Our Lady of Manaoag

PRESIDENT Ferdinand Marcos Jr. on Wednesday led the nation in praying for the grace and guidance of the Blessed Virgin Mary as Filipinos renewed their commitment to serve others with love and compassion.

1 mins

SALN SHOWS SARA'S NET WORTH GREW 59% IN 6 YEARS

Trillanes says Duterte family got P181 M from 'drug lord'

8 mins

Rody loses ICC appeal; tribunal affirms jurisdiction to try crimes against humanity case

THE Appeals Chamber of the International Criminal Court (ICC) on Wednesday rejected all four grounds of the petition filed by lawyers of detained former president Rodrigo “Rody” Duterte seeking the dismissal of the crimes against humanity charges against him stemming from the brutal anti-drug war of his administration on the grounds of lack of jurisdiction.

2 mins

PAGASA: 79% chance El Niño develops in June

THE Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Wednesday issued an El Niño Alert due to the increased probability of El Niño developing in the coming months.

2 mins

DOLE must be tougher vs ‘5-5-5’ scheme on workers

SEN.Raffy Tulfo on Wednesday called on the Department of Labor and Employment (DOLE) to take tougher action against the continued illegal practice known as the “5-5-5” work scheme used by some employers to prevent the regularization of employees and deny them security and benefits due to them.

1 mins

2 MORE PNPA CADETS VICTIMS OF HAZING

THE PNP Academy (PNPA) on Wednesday said it recently discovered anew hazing incident at the academy following a similar case last April 3.

2 mins

Big government support to ‘last mile schools’ nears reality

THE House and Senate bicameral conference committee contingents on Wednesday signed the reconciled version of the Geographically Isolated and Disadvantaged Areas (GIDA) Schools Act, which aims to institutionalize government support to “last mile schools.”

1 mins

BuCor gets P2.5B to build new jail facilities

BUREAU of Corrections (BuCor) Director General Gregorio Catapang Jr. said the agency has been allotted P2.5 billion for the construction of new correctional facilities to decongest existing ones, including the New Bilibid Prison in Muntinlupa.

1 mins

Senate ethics panel may dismiss complaint vs Dela Rosa if he waives his salaries – Ejercito

SEN. Joseph Victor “JV” Ejercito on Wednesday said the ethics complaint filed against Sen. Ronald “Bato” dela Rosa may be dismissed if the “absentee” senator waives his salaries and allowances amid his continued absence from the chamber’s sessions.

1 mins

Trillanes

from page B1

5 mins

Pinoy handball side gets ball rolling early

A full day before the opening ceremonies, the men’s handball team got the ball rolling for Team Philippines on Tuesday in the 6th Asian Beach Games here.

1 mins

Phoenix rises against battling Rain or Shine five

PHOENIX adapted a predator mindset and landed a big prey in Rain or Shine last Tuesday night.

1 mins

OUT TO PROVE THEY BELONG

Amid the glitz and glamor and the skies full of stars, Team Philippines — bannered by flag-bearers Annie Ramirez and Yman Xavier Baluyo of jujitsu,a marched at the picturesque Tianya Haijiao Ring Theater Wednesday night here in the opening ceremonies of the 6th Asian Beach Games armed with all they need — big fighting hearts and the timely boost from one of the country’s top sports leaders.

1 mins

Cool Smashers go for clincher vs Super Spikers

CREAMLINE sent a big message in Game One.

1 mins

High hopes for Pinoy para table tennis bets

UNLIKE athletics and swimming, which require qualifying meets, table tennis will not need one for the Sth Asian Para Games in Aichi-Nagoya, Japan, in October, ensuring that six Philippine bets will compete in the continental showcase for disabled athletes, according to national para table tennis coach Louie Eballa.

1 mins

Coo’s dream turning into big reality

AS a bowler and an outstanding member of numerous national teams, PSC Commissioner Olivia “Bong” Coo’s cherished dream is for her beloved sport, which she has given most of her life to and brought honors to the country, to have a permanent home of its own as one of her legacies.

1 mins

MelMac Sports designed to elevate PH sports

CAVITE now has a state-of-the-art sports facility that can rival the country's biggest athletic venues - and behind it is one of the Philippines' staunchest sportsmen.

1 mins

Lady Tamaraws win, stay alive

FAR Eastern University kept its campaign alive in the 88th UAAP women’s volleyball tournament yesterday, scoring a 22-25, 23-25, 25-12, 25-21, 15-11 win over also-ran Ateneo in the last elimination day at the Smart Araneta Coliseum.

1 mins

Bossing surprise Beermen

BLACKWATER gunner Sedrick Barefiled drove past San Miguel Beer veteran guard Chris Ross from the top of the key before gliding in for a layup last night.

1 mins

Bacolod Tay Tung shows worth as title contender

PERENNIAL title-contender Bacolod Tay Tung breezed past Canossa Academy 25-10, 25-9 scored its second straight win in the Shakey’s Girls Volleyball Invitational League (SGVIL) Rising Stars Cup Division Lyesterday at the La Salle Green Hills Gym.

1 mins

Read all Stories from malaya Business Insight

malaya Business Insight Description:

Publisher: People's-Independent-Media

Category: Newspaper

Language: English

Frequency: Daily

Malaya Business Insight comes to you in a very readable package: A fusion of in-depth news, excellent news analyses, the credible prognosis of events, powerful commentaries and balanced updates on what is happening and about to happen in corporate board rooms, in the diverse business and industry sectors, in Philippine regional and global politics and in the exciting world of sports, arts, entertainment, and lifestyle.