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Philippine potential in focus at BusinessWorld Economic Forum 2025

THE PHILIPPINES is on track to build a bigger and more competitive economy, with government initiatives, private sector investments and international interest coming together to create more opportunities for millions of Filipinos.

The progress will be in focus at the BusinessWorld Economic Forum 2025 at the Grand Ballroom of the Grand Hyatt Manila in Bonifacio Global City, Taguig on May 22.

With the theme “Unlocking Philippines’ Potential,” the forum will bring together policymakers, economists, top executives and business leaders from various industries.

Participants will engage in a full day of discussions about where the country’s economic growth is heading and what challenges must be addressed. The forum will also serve as a platform for open dialogue on critical strategies for sustainable development.

The opening keynote session titled “The Philippines at an inflection point” will be delivered by Arsenio M. Balisacan, secretary of the Department of Economy, Planning, and Development. His presentation is expected to cover both risks and opportunities tied to internal policies and global trends.

Andrew Tsang, country economist for the Philippines at the ASEAN+3 Macroeconomic Research Office (AMRO), will talk about how the Philippines can keep pace with evolving global conditions with a keynote titled “Redefining the Philippines’ role in a changing global economy.”

Special Assistant to the President for Investment and Economic Affairs Frederick D. Go will deliver the second keynote titled “The roadmap to a high-growth economy.” He is expected to provide an overview of economic reforms and how these can spur inclusive development.

Several panel discussions and fireside chats will focus on the challenges affecting Philippine industries and society and offer perspectives from experts and leaders across sectors.

The first panel discussion titled “Building an inclusive and resilient future for the Philippines” will examine ways to strengthen the country’s economic foundation so it can better respond to challenges such as financial disruptions, health emergencies and natural disasters.

Panelists include Francis C. Gotianun, senior vice-president at Filinvest Hospitality Corp.; Monica L. Trajano, vice-president for commercial strategy at Aboitiz InfraCapital Economic Estates; and Robert Dan J. Roces, an economist at SM Investments Corp.

A panel discussion on “Elevating energy transition in the Philippines” will explore the country’s growing electricity demand and the shift to renewable energy. Guests will examine how the Philippines can move away from conventional energy sources and rely more on renewable alternatives.

Among the speakers are Energy Undersecretary Rowena Cristina L. Guevara, Energy Regulatory Commission Chairperson and Chief Executive Officer Monalisa C. Dimalanta, ACEN Corp. Chief Operations Officer for the Philippines Miguel G. de Jesus and First Gen Corp. Chief Revenue Officer Vincent Martin C. Villegas.

The third panel discussion, “Tariffs, trade and Trump: How a second term could hit the Philippines,” will examine how the Trump administration could influence trade and investment flows between the US and the Philippines. Panelists include Allan B. Gepty, undersecretary of the International Trade Group at the Department of Trade and Industry; Danilo C. Lachica, president of the Semiconductor and Electronics Industries in the Philippines, Inc.; and Diwa C. Guinigundo, country analyst at GlobalSource Partners Philippines and former deputy governor at the Bangko Sentral ng Pilipinas.

The last panel discussion titled “Vision 2030: Accelerating the nation’s competitiveness toward economic success” will map out how different sectors can collaborate to boost the Philippines’ position on the global stage by the next decade.

Joining the panel are Alfredo S. Panlilio, president at the Management Association of the Philippines; Eduardo V. Francisco, president at BDO Capital and Investment Corp.; and Ruben J. Pascual, secretary-general at the Philippine Chamber of Commerce and Industry.

Discussions will cover investments in technology, education reforms, infrastructure improvements and the policy changes needed to make the country more attractive to investors and businesses.

Over the years, the BusinessWorld Economic Forum has consistently attracted major names in business and policy, providing attendees with valuable insights and discussions on the nation’s economy.

The event will offer knowledge that can help guide personal decisions, professional plans and broader national strategies. As the Philippines faces new opportunities and challenges, this year’s economic forum is expected to provide fresh ideas and meaningful conversations about the country’s trajectory.

This edition of the BusinessWorld Economic Forum is presented by Ayala Corp. and ACEN and is supported by gold sponsor Metro Pacific Investment Corp.; silver sponsors BDO Capital, DigiPlus Interactive Corp., Federal Land NRE Global, Inc., First Gen Corp., GT Capital Holdings Inc., Megaworld Corp., SM Investments Corp. and SM Supermalls; and bronze sponsors United Coconut Planters Life Assurance Corp., Development Bank of the Philippines, Filinvest Development Corp., FWD Life Insurance Corp., Globe Telecom, Inc., Global Business Power Corp., Manila Electric Co., Meralco PowerGen Corp., National Grid Corp. of the Philippines, San Miguel Corp., SGV & Co. and Toyota Motor Philippines Corp.

The forum is also supported by partner organizations Asian Consulting Group, American Chamber of Commerce of the Philippines, Bank Marketing Association of the Philippines, British Chamber of Commerce of the Philippines, European Chamber of Commerce of the Philippines, Financial Executives Institute of the Philippines, JLCG Creative and Marketing Solutions, Management Association of the Philippines, Philippine Chamber of Commerce and Industry, Philippine Franchise Association and Philippine Retailers Association; and media partners One News and The Philippine STAR.

Philippine banks’ March bad loan ratio softens

REUTERS

PHILIPPINE BANKS’ bad loan ratio eased to a three-month low in March as total loans increased, according to data from the Bangko Sentral ng Pilipinas (BSP).

The industry’s gross bad loan ratio dipped to 3.3% from 3.38% in February and 3.39% a year earlier.

Bad loans inched up 0.5% to P516.12 billion at end-March from a month earlier and climbed 11.1% from a year ago.

Loans are considered nonperforming once they remain unpaid for at least 90 days after the due date. They are risky assets because borrowers are unlikely to pay.

The loan portfolio of the Philippine banking system rose 3% to P15.63 trillion as of end-March from a month earlier and by 14.2% from a year earlier.

Past due loans were up by 1.3% to P646.37 billion as of March from a month earlier and 9.8% more than a year ago. This brought the past due loan ratio to 4.14% from 4.2% in February and 4.3% a year earlier.

Restructured loans edged up 0.1% to P311.48 billion in March from February and by 5.7% year on year.

Restructured loans accounted for 1.99% of the industry’s total loans from 2.05% a month earlier and 2.15% a year ago.

Banks’ loan loss reserve hit P490.56 billion in March, up 0.2% month on month and 4.9% year on year. This brought the loan loss reserve ratio to 3.14% from 3.23% at end-February and 3.42% in March 2024.

Lenders’ bad loan coverage ratio, which gauges the allowance for potential losses due to bad loans, slipped to 95.05% in March from 95.36% in February and 100.66% a year ago.

Reinielle Matt M. Erece, an economist at Oikonomia Advisory and Research, Inc., attributed the lower nonperforming loan (NPL) ratio to faster bank lending growth.

“As the NPL ratio is simply dividing the NPL amount to total loan growth, faster lending growth may reduce the ratio,” he said in a Viber message.

Outstanding loans of universal and commercial banks rose 11.8% to P13.19 trillion from a year ago, the central bank earlier said.

Michael L. Ricafort, chief economist at Rizal Commercial Banking Corp., said the double-digit growth in bank loans “effectively expanded the denominator, thereby mathematically reducing the NPL ratio.”

Earlier BSP data showed bank lending rose 11.8% year on year to P13.19 trillion in March.

Mr. Ricafort said rate cuts by the central bank reduced financing costs and improved borrowers’ ability to pay back their loans. 

“Possible further rate cuts by the BSP, especially additional rate cuts of 75 basis points (bps) for the rest of 2025 would further reduce borrowing costs,” he said. “That would help improve the payment of loans and debts, thereby helping the easing trend of banks’ NPL ratio.”

BSP Governor Eli M. Remolona, Jr. has said they are open to cutting rates by 75 bps more this year amid easing inflation.

The Monetary Board last month resumed its rate-cutting cycle with a 25-bp cut, bringing the benchmark to 5.5%. The BSP has reduced rates by 100 bps since it kicked off its easing cycle in August last year.

“It is still important to note that despite 2025 posting faster growth in lending compared with 2024, it is starting to lose momentum compared with its fastest growth in January,” Mr. Erece said.

“This is where monetary policy easing may help in boosting lending as well as economic activity,” he added. — Luisa Maria Jacinta C. Jocson

ASEAN Centre for Energy launches acceleration program for clean energy startups

The ASEAN Centre for Energy (ACE), with funding support from the Government of Japan through the Japan-ASEAN Integrated Fund (JAIF), announced an acceleration program targeting aspiring startup founders and innovators across Southeast Asia: ASEAN Sparks.

ASEAN Sparks is a program designed to address climate and energy pressures by accelerating the growth of climate tech enterprises. The program empowers early-stage startups with the tools, expertise, and networks needed to scale while fostering a gender-inclusive environment that drives impactful clean energy solutions across the region.

Partnering with the United Nations Industrial Development Organization (UNIDO), ASEAN Sparks is designed as a measurable and structured journey through three program phases: Ignite, Catalyze, and Elevate.

The ASEAN Sparks will start with the Ignite phase, which focuses on nurturing early-stage solutions and equipping the founders with the essential skills to scale their business ideas effectively. Most promising participants will then advance to the Catalyze phase, where startups receive targeted mentoring, market-readiness training, and strategic business development support.

The journey culminates in the Elevate phase, during which top-performing startups will pitch their refined solutions on the Grand Pitching Day at the 25th ASEAN Energy Business Forum (AEBF-25) in Kuala Lumpur, Malaysia. These participants will then gain exposure to potential investors, corporate partners, and government stakeholders to explore funding, partnerships, and cross-border scaling opportunities.

Accelerating innovation to address climate challenges

In response to growing climate-related challenges across ASEAN, the program will center around six key energy pillars, which include Energy Efficiency, Renewable Energy, Smart Grids, Energy Storage, Clean Mobility, and Other Climate & Energy Technologies.

“This program is aligned with APAEC (ASEAN Plan of Action for Energy Cooperation), especially in increasing the role of private sector and financial institutions,” Dr. Zulfikar Yurnaid, acting manager of Energy Efficiency and Conservation (CEE) Department of the ASEAN Centre for Energy, said.

“By fostering innovation and entrepreneurship in clean energy, ASEAN Sparks directly supports the development and adoption of energy-efficient solutions across ASEAN.”

Beyond capacity-building, ASEAN Sparks also aims to strengthen the regional ecosystem by connecting diverse stakeholders — from experts and mentors to startups and policy makers — within a collaborative and inclusive environment.

To ensure consistency and alignment throughout the program, all participating experts will receive a certification tailored to the ASEAN Sparks framework. This step supports a shared understanding of the program’s methodology, tools, and impact goals — enabling experts to deliver guidance that is cohesive and high-impact across all stages.

Startups and solutions will be assessed on the technology and business readiness level which includes team credibility and commitment, product impact, as well as market potential and scalability.

The ASEAN Sparks is a dynamic and inclusive platform for energy innovators to synergize in advancing global climate goals, contributing to achieving the Sustainable Development Goals (SDG) 7: Affordable and Clean Energy, and SDG 13: Climate Action. Throughout the program, participants will be accompanied by mentors and trainers to develop their solutions in various areas from technology, business, and impact.

Running from June to October 2025, the ASEAN Sparks program invites aspiring founders, researchers, and innovators to submit their applications for ASEAN Sparks: Ignite by May 22, 2025.

 


SparkUp is BusinessWorld’s multimedia brand created to inform, inspire, and empower the Philippine startups; micro, small and medium enterprises (MSMEs); and future business leaders. This section will be published every other Monday. For pitches and releases about startups, e-mail to bmbeltran@bworldonline.com (cc: abconoza@bworldonline.com). Materials sent become BW property.

EU-Philippines partnership targets green growth for Filipino food MSMEs

Working with the European Union (EU), the Department of Trade and Industry’s Center for International Trade Expositions and Missions (DTI-CITEM) will launch an initiative aiming to push for a more resilient Philippine food industry.

The Sustainability Solutions Exchange (SSX) Exhibition and Conference 2025, CITEM’s flagship initiative promoting sustainable practices and resources, will debut as a physical event on May 22-24 at the World Trade Center in Pasay City.

It will be located at the Sustainability Hall within the International Food Exhibition (IFEX) Philippines 2025, the country’s premier international food trade show. This move is set to underscore the country’s commitment to sustainability and circularity in the food industry.

The SSX exhibition will connect entrepreneurs with industry leaders and sustainable solutions providers, showcasing innovations in sustainable food production, packaging, and distribution. It will also feature business matching and pitching sessions to prompt collaborations among industry stakeholders.

The conference will run in parallel at the neighboring Pasay City headquarters of the Philippine Trade Training Center (PTTC). The PTTC Global SME Academy (PTTC-GMEA) is CITEM’s Training and Event Partner for SSX 2025.

Sessions will explore topics aligned with this year’s theme, “Green Innovations: Navigating Sustainability Solutions to Future-Proof the Food Industry.” Discussions will focus on building a circular food system, and tackle challenges and opportunities such as food security, social responsibility, packaging, and sustainable waste management.

The two-day conference will feature local and international experts, including EU Delegation Head of Cooperation Marco Gemmer.

The EU is supporting SSX as part of the EU-Philippine Green Economy Partnership under the Global Gateway — the European strategy for engaging with partners globally to promote investments around shared priorities. The partnership focuses on achieving sustainable and inclusive growth through policy dialogue, championing of local initiatives, investments and the creation of green and decent jobs.

Organized by CITEM, SSX launches with the objective of helping micro, small, and medium enterprises (MSMEs) transition to a circular economy. The event aims to boost entrepreneurs’ global competitiveness and promote adherence to the United Nations Sustainable Development Goals (SDGs).

Interested innovators, policy makers, and advocates are encouraged to visit sustainability.ph now to access the program and register as a delegate to SSX 2025.

 


SparkUp is BusinessWorld’s multimedia brand created to inform, inspire, and empower the Philippine startups; micro, small and medium enterprises (MSMEs); and future business leaders. This section will be published every other Monday. For pitches and releases about startups, e-mail to bmbeltran@bworldonline.com (cc: abconoza@bworldonline.com). Materials sent become BW property.

Xinyx Design launches flexible learning platform for future microchip designers

Xinyx Design, one of Southeast Asia’s largest companies in microchip development, has launched what it calls the Philippines’ “first flexible learning platform,” focused entirely on integrated circuit (IC) design, a field at the core of modern electronics.

The platform, LABS by Xinyx, was officially unveiled on May 9 at Colegio de Muntinlupa (CDM). Designed for engineering students and professionals, the program aims to build local talent in IC design and microelectronics — critical components found in everything from smartphones and laptops to medical devices and electric vehicles.

The launch was attended by Muntinlupa City Mayor Ruffy Biazon, CDM President Dr. Teresita Fortuna, DTI-BoI Director Corieh Dichosa, TESDA Deputy Director-General Nelly Dillera, and representatives from the Private Sector Advisory Council, Asian Development Bank, and several academic institutions offering or planning to offer IC design programs.

LABS by Xinyx supplements the traditional BS Electronics Engineering curriculum and offers a new pathway for senior high school students, university students, STEM graduates, educators, and industry professionals to gain hands-on training, expert mentorship, and globally-aligned coursework in IC Design. Courses are delivered through flexible formats such as online, in-person, or hybrid to allow learners from various backgrounds to build real-world engineering skills tailored to current industry demands.

“LABS by Xinyx is the Philippines’ first premium, flexible platform focused on IC Design and Microelectronics. It’s designed to close the skills gap that limits the growth of our semiconductor industry,” Charade Avondo, president of Xinyx Design, said.

The platform aligns with President Ferdinand Marcos, Jr.’s 2024 directive prioritizing the development of the semiconductor and electronics sector. Despite growing global demand, a shortage of IC Design talent persists locally, partly due to outdated curricula and limited access to specialized training in higher education.

Ms. Avondo noted that this will build on the reputation of Filipino workers abroad. Multinationals in Europe and the US, she pointed out, already hold Filipino workers, including engineers, in esteem for their creativity, resilience, and innovation. “Filipino engineers are already trusted leaders in R&D teams abroad. It’s time we bring that level of innovation home,” she said.

IC Design is a vital yet often overlooked component of the global semiconductor value chain, creating and enabling innovations in AI, aerospace, healthcare, renewable energy, automotive tech, defense, and more. LABS by Xinyx sets to position the Philippines as a competitive player not just in electronics manufacturing but in design-led innovation by nurturing Filipino talent and steering young engineers towards this lucrative field.

 


SparkUp is BusinessWorld’s multimedia brand created to inform, inspire, and empower the Philippine startups; micro, small and medium enterprises (MSMEs); and future business leaders. This section will be published every other Monday. For pitches and releases about startups, e-mail to bmbeltran@bworldonline.com (cc: abconoza@bworldonline.com). Materials sent become BW property.

Mapúa University pushes for creative thinking in Business Education

In partnership with Arizona State University (ASU), Mapúa is offering students a more interdisciplinary learning experience through courses that blend creativity, critical thinking, and technical skill.

Led by Prof. Corinne Romabiles, the initiative aims to equip future professionals with both analytical rigor and creative fluency, preparing them for a fast-changing world where storytelling, empathy, and culture are increasingly valued alongside strategy and execution.

The programs at Mapúa University E.T. Yuchengco School of Business, in collaboration with ASU, train students to develop agile, creative, and critical thinking skills to succeed in the rapidly changing tech-enabled business industry.

Prof. Romabiles noted this approach to business education is critical for students to develop a foundation that understands the importance of the arts and humanities. “I developed the art-science course to allow students who have probably not gotten so familiar with the humanities to know more about what the liberal arts is about,” she said.

As a business professor at Mapúa University E.T. Yuchengco School of Business, she teaches art-science thinking, or the meeting of art and science, to instill in her students the practice of combining both disciplines in crafting new ideas and innovations in their business strategies. 

Through art-science, Prof. Romabiles aims to expose business students to art history, art theory, and art criticism in ways that they could apply to business practice. The ability to think outside the box, read between the lines of literature, comprehend trends in the past, and examine art forms critically hones their innovative thinking and decision-making.

“Art-science reintroduces creative thinking and artistic thinking to students. In courses that are not so familiar with humanities, sometimes, there is so much emphasis on math, science, or history that they forget that there is an intellectual side to the art,” she said. “Art-science is art studies at the service of the hard sciences.”

The university will also apply similar principles with its Global Classroom, which provides students with access to globalized and internationalized learning sessions at ASU. This enables them to immerse themselves in a different culture and hone their soft skills, encouraging them to go beyond conventional thinking and widen their perspectives on business knowledge and strategies.

“The course uses arts to develop critical thinking, so business students have better decision-making skills, and they can sharpen their higher order thinking skills,” Prof. Romabiles explained. She shared that it is also equally important to teach art-science in other programs, like Science, Technology, Engineering, and Math (STEM) courses.

In developing future business professionals, the Mapúa University’s E.T. Yuchengco School of Business collaboration with ASU trains students to find the balance between technical competence, and cultural and creative literacy. While financial models and statistical analysis will always be fundamental to business, the collaboration ensures that the value of the arts is never lost.


SparkUp is BusinessWorld’s multimedia brand created to inform, inspire, and empower the Philippine startups; micro, small and medium enterprises (MSMEs); and future business leaders. This section will be published every other Monday. For pitches and releases about startups, e-mail to bmbeltran@bworldonline.com (cc: abconoza@bworldonline.com). Materials sent become BW property.

Maynilad trims IPO size, eyes July 17 listing

MAYNILADWATER.COM.PH

By Revin Mikhael D. Ochave, Reporter

PANGILINAN-LED water concessionaire Maynilad Water Services, Inc. has reduced the size of its planned initial public offering (IPO), with the listing now scheduled for July 17.

Based on its latest prospectus draft dated May 14, Maynilad’s IPO is now expected to raise up to P45.8 billion, slightly lower than the up to P49 billion indicated in its initial prospectus.

The revised IPO comprises up to 2.29 billion common shares, lower than the earlier maximum of 2.46 billion shares. The indicative maximum price remains at P20 per share.

This offering is also smaller than the country’s largest IPO to date — the P48.6-billion market debut of food and beverage producer Monde Nissin Corp. in June 2021.

The updated structure includes a primary offer of up to 1.66 billion common shares, an overallotment option of up to 249.05 million primary common shares, an upsize option of up to 354.7 million secondary common shares, and 24.9 million primary common shares to be offered to Hong Kong-based investment holding firm First Pacific Co. Ltd., which is also led by Manuel V. Pangilinan.

This compares with the previous allocation of up to 1.78 billion primary common shares, an overallotment option of up to 266.31 million primary common shares, an upsize option of up to 379.29 million primary common shares, and 36.31 million primary common shares for First Pacific.

The latest timetable shows that the listing date has been moved to July 17 from the earlier target of July 10.

The notice of final offer price to regulators is scheduled for July 1, while the offer period will run from July 3 to July 9.

Maynilad is required to offer at least 30% of its outstanding capital stock to the public by January 2027 under the terms of its legislative franchise.

Net proceeds from the IPO will be used to fund Maynilad’s capital expenditure requirements for its water, wastewater, and customer service and information system projects through 2026. A portion of the proceeds will also be allocated for general corporate purposes.

Maynilad’s market debut is one of six IPOs anticipated this year. However, the Philippine Stock Exchange has so far recorded only one: the April offering of Cebu-based fuel retailer Top Line Business Development Corp.

Mr. Pangilinan, chairman of Maynilad, previously said the company would proceed with its IPO despite external uncertainties, including tariff risks under the Trump administration.

“We have to go public by the early part of 2027. We just want to probably finish and comply with the franchise law of Maynilad. I’d like to encourage them to proceed,” he said.

Maynilad appointed BPI Capital Corp., HSBC, Morgan Stanley, and UBS as joint global coordinators and joint bookrunners for the offering. BPI Capital Corp. will also serve as the domestic lead underwriter.

Metro Pacific Investments Corp., which holds a majority stake in Maynilad, is one of three Philippine subsidiaries of First Pacific Co. Ltd., alongside Philex Mining Corp. and PLDT Inc.

Hastings Holdings, Inc., a unit of PLDT Beneficial Trust Fund subsidiary MediaQuest Holdings, Inc., has an interest in BusinessWorld through the Philippine Star Group, which it controls.

CREC eyes June close for P6.7-B deal with Indonesian firm

CREIT.COM.PH

LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) expects to achieve financial close by June on its share subscription agreement with Indonesian state-owned PT Pertamina Power Indonesia (Pertamina New & Renewable Energy or NRE), under which the latter will acquire a 20% stake in CREC.

“We are hoping to close by next month. We’re only waiting for one final closing condition to be achieved by Pertamina,” CREC President and Chief Executive Officer Oliver Tan said during the PSE Star: Investor Day on Friday last week.

In January, CREC and Pertamina NRE entered into a landmark share subscription agreement involving the latter’s acquisition of 2.23 billion common shares in CREC at P3 per share.

The transaction will result in a 20% equity interest in CREC, with an estimated value of P6.7 billion.

“The partnership with Pertamina NRE presents limitless opportunities for Indonesia and the Philippines to collaborate on innovative technologies and practices in renewable energy,” Mr. Tan previously said.

“It gives a wider stage to CREC’s unique end-to-end capabilities by opening doors in Indonesia even as we drive our developments in the Philippines at full speed,” he added.

Proceeds from the agreement will support CREC’s pipeline of renewable energy projects, in line with its target of expanding its portfolio to 5 gigawatts over five years.

While CREC is planning to expand into new areas, Mr. Tan said the company will continue focusing on the expansion of existing and soon-to-be-energized plants through next year.

“The primary factors that influence our decisions for new areas obviously would be the grid capacity and the solar irradiance and obviously the geotechnical analysis that comes with the site selection,” Mr. Tan said.

CREC, directly and through its subsidiaries and joint ventures, manages a diversified portfolio of renewable energy generation projects, power project development operations, and retail electricity supply services.

At present, the company holds a combined gross installed capacity of 285 megawatts from its solar facilities across the Philippines. — Sheldeen Joy Talavera

How Filipino SMEs can grow with the digital economy with Odoo’s Shopee API

The benefits of digitalization centralized product management, real-time inventory syncing, and omnichannel selling — can now be simplified with Odoo’s Shopee Connector.

E-commerce in the Philippines continues to expand rapidly, with sales reaching as much as $17 billion in 2021 and estimated to reach $24 billion in 2025 as found by the International Trade Administration. Notably, this growth is primarily driven by mobile-first consumers and platforms like Shopee, Lazada, and brands like Zalora, and BeautyMNL.

According to Statista, these online shopping platforms were the most-visited e-commerce websites across the region, with Shopee seeing the highest gross merchandise value among the e-commerce platforms.

Yet, even with their presence, many small and medium enterprises (SMEs) today still struggle with opening up to e-commerce, limiting their growth and reach. To fully take advantage of these digital platforms, SMEs need to adopt omnichannel systems that unify sales, inventory, fulfillment, and customer data. But many digital solutions are either too complex or too costly to implement.

Shopee x Odoo

Going omni-channel with Odoo’s Shopee Connector

This is where tools like Odoo, all-in-one business management software come in. With the release of version 18.0, Odoo introduces a built-in API integration that allows businesses to manage their Shopee stores directly within the Odoo platform. This means that product listings, inventory levels, and order fulfillment can be monitored and updated in real time, even alongside other sales channels like a separate e-commerce website or physical store.

For SMEs, the benefit is twofold: first, it removes the need to manually reconcile sales and stock across platforms, reducing the risk of human error and lost revenue. Because inventory is synced in real-time, businesses can avoid common issues like overselling or stockouts, especially during peak sales periods.

 

This also means that making updates to inventory is made much simpler, as online purchases, in-store transactions, or restocks are reflected instantly, reducing the need for any manual checks and improving overall efficiency.

The second benefit is Odoo’s all-in-one business management platform, one that consolidates operations into a single, centralized system, giving business owners greater visibility and control over their day-to-day processes.

Instead of switching between different systems to manage Shopee transactions, all incoming orders are automatically recorded in Odoo. This allows businesses to process, track, and fulfill orders from one centralized dashboard, making it so much easier to manage and minimize risks like delays, missed, or mishandled transactions. There is also the ability to fetch official Shopee shipping labels with one click, which ensures that packages are labeled and dispatched according to Shopee’s requirements.

Most importantly, the Shopee Connector is available to all users of Odoo’s standard version, meaning there are no additional costs to access these features. For small businesses with limited budgets, this makes it easier to adopt a scalable system without investing in separate, specialized software or third-party integration tools.

Beyond Shopee, Odoo’s modular structure means that businesses can gradually expand their use of digital tools as their needs grow. A company may start by managing inventory, then add accounting, customer relationship management, or marketing automation — all within the same ecosystem. This flexibility supports long-term digital growth without forcing businesses to overhaul their systems all at once.

Platforms like Shopee are no longer optional in the digital age. Businesses grow and thrive by how well they adapt to the digital world, and as platforms Shopee continues to lead in markets like the Philippines, businesses must evolve with them or risk being left behind.

In 2021, a government survey found that the majority of Filipino SMEs — or around 73% — faced difficulties digitizing their business, particularly with regard to e-commerce fundamentals such as marketing, content management, and simply getting an online business off the ground.

Despite this, after the pandemic had accelerated digitalization across all sectors nationwide, more SMEs have begun conducting their businesses online, highlighting the crucial role the internet serves in developing an inclusive and sustainable economy. 

Seizing the opportunities of the digital economy can be simple and seamless with tools like Odoo’s full suite of SME-focused offerings. With no added cost and minimal setup, it’s an easy yet impactful step forward for businesses ready to embrace that new frontier. Experience the power of omnichannel selling and learn more about the Shopee Connector on Odoo’s website. Or, book a demo with an Odoo expert today.

 


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BPI shares dip on profit taking, NPL concerns

BPI-FACEBOOK

SHARES of Bank of the Philippine Islands (BPI) edged lower last week after the release of its first-quarter (Q1) financial results, as investors engaged in profit taking following the stock’s recent rally, while concerns over an uptick in nonperforming loans (NPLs) dampened investor sentiment.

Data from the Philippine Stock Exchange (PSE) showed that BPI was the fourth most traded stock last week, with 9.49 million shares worth P1.32 billion changing hands.

The Ayala-led bank’s share price declined by 0.7% week on week to P135.90 apiece on Friday from P136.80 on May 9. The drop was smaller than the 2.8% contraction in the financial sector index but contrasted with the 0.1% gain in the benchmark PSE index during the same period.

Year to date, BPI shares have risen by 11.4%.

The market was closed on Monday for the Philippine general election.

“BPI rallied ahead of its first-quarter earnings on strong expectations but pulled back after the results due to profit taking and concerns over higher NPLs, softer margins, and moderate loan growth despite profit rise,” Regina Capital Development Corp. Head of Sales Luis A. Limlingan said in a Viber message.

BPI reported a 9% year-on-year increase in attributable net income to P16.64 billion in the first quarter from P15.26 billion in the same period last year.

Ralph Jonathan B. Fausto, research associate at China Bank Securities Corp., said the stock’s price action during the week was driven by “broad-market profit taking as most big banks saw particular strength in recent weeks — making them vulnerable to profit taking.”

The stock saw a sharp drop on Thursday, closing at its weekly low of P135 from a week-high close of P141 on Monday.

“We may have also seen some reactive moves to prospects of more rate cuts through the year, which would provide downward pressure on lending margins,” Mr. Fausto said in an e-mail message.

The Monetary Board resumed its easing cycle with a 25-basis-point cut in April, bringing cumulative cuts to 100 basis points since August last year.

“For now, we think we will have completed the easing cycle in 2025,” Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. said.

“A possible risk is that we begin to see a hard landing, and then we’ll have to cut by more than 2025. But 2027 is still too far away.”

Juan Alfonso G. Teodoro, an equity research analyst at Timson Securities, Inc., said the broader market was affected by “weaker-than-expected gross domestic product (GDP) numbers, so investor sentiment turned a bit cautious.”

Data from the Philippine Statistics Authority showed that GDP expanded by 5.4% in the first quarter, below the government’s 6-8% target for the year.

“BPI’s strategic focus on the high-yielding non-institutional loan segment is anticipated to support its loan growth targets and provide cushion against margin compression amid an easing interest rate environment,” Mr. Fausto added.

BPI’s nonperforming loan ratio stood at 2.26% in the first quarter.

“It’s technically not a huge red flag yet since they’ve got good coverage, but it’s something investors are watching,” Mr. Teodoro said. “If they can keep the strong income growth while managing those risks, the stock could perform well in Q2.”

Mr. Limlingan added that the shift to non-institutional loans “should boost margins but raises credit risk.”

For the second quarter, Mr. Teodoro forecasts BPI’s earnings at approximately P16.18 billion, contributing to their full-year projection of P72.46 billion.

“I wouldn’t be surprised to see some consolidation or sideways movement,” Mr. Teodoro said. “But if you zoom out, BPI’s fundamentals are still solid and technically it still looks strong, so any pullbacks could actually be good entry points for longer-term investors.”

Mr. Fausto identified key external factors to monitor, including “the trajectory and outlook for US inflation and Fed’s policy stance amid tariff uncertainties, as they may influence businesses’ appetite for credit.”

US President Donald J. Trump temporarily deferred the implementation of higher tariffs for a 90-day period beginning April 9, instituting instead a uniform 10% blanket tariff rate until July.

Mr. Fausto places support at P132.30 and resistance around P142.50-P143.90.

Mr. Limlingan sees support levels at P134 and P130, while resistance sits at P140 and P143.

Mr. Teodoro set short-term support at P132.50-P134 and resistance at P143-P145, adding a long-term resistance level at P150.

“BPI’s fundamentals are still solid and technically it still looks strong, so any pullbacks could actually be good entry points for longer-term investors,” Mr. Teodoro said. — Pierce Oel A. Montalvo

VIVANT Corp. to hold virtual Annual Stockholders’ Meeting on June 19

 


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Fertilizer regulator bats for expanded powers

DA.GOV.PH

THE Fertilizer and Pesticide Authority (FPA) said it will seek a bill expanding its powers, citing the need to more broadly participate in agriculture modernization efforts.

The FPA said the bill it is seeking will amend of Presidential Decree 1144 to “expand FPA’s authority to include research, development, and extension services that will enable the agency to adapt to modern agricultural needs.”

The decree established the FPA in 1977, replacing the Fertilizer and Industry Authority, which was created in 1973 in response to declining rice production.

The FPA, which will mark its 48th anniversary on May 30, said it will seek to leverage its mandate — which includes licensing, quality assurance, import control, stewardship, and public information — “not merely as regulatory duties but as platforms for encouraging innovation.”

It cited the need to adapt to developments like precision farming practices such as drone-assisted spraying of fertilizer and pesticide.

The FPA said it is currently supporting local government units in their waste-to-compost initiatives by providing composting facilities. It is also promoting the use of drones in agriculture, developing protocols, standards, and monitoring systems.

The FPA’s key projects and activities this year include firming up drone application policy, further digitalization of licensing and accreditation processes, and intensified first-border inspections. — Kyle Aristophere T. Atienza