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Fuel prices set to surge again Tuesday

Top News Context.ph Context.ph -
Motorists and transport operators should brace for another round of fuel price hikes this week, with oil firms expected to implement significant upward adjustments across all fuel products starting Tuesday.

Pineapple exports jump 14% in 2024 – FAO

Agriculture Context.ph Context.ph -
The Philippines reported a 14 percent increase in pineapple exports in 2024, shipping around 680,000 metric tons (MT) compared to 600,000 MT in 2023, according to the UN Food and Agriculture Organization (FAO).

Security Bank named SME Bank of the Year in Asia

Corporate Bulletins Context.ph Context.ph -
Security Bank was recognized with 10 prestigious honors at the Asian Banking & Finance (ABF) Awards held at Marina Bay Sands, Singapore, highlighting the bank’s leadership in customer-centricity, digital innovation, sustainable finance, and financial inclusion.

Tagum Water marks 5 years of sustainable service

Corporate Bulletins Context.ph Context.ph -
Tagum Water, a bulk water service provider under Manila Water’s Non-East Zone operations, commemorated its 5th anniversary, celebrating half a decade of reliable and sustainable service in Tagum City.

PLDT, Smart successfully test high-speed FWA technology

Transport & Logistics Context.ph Context.ph -
PLDT Inc. and its wireless unit Smart Communications have successfully tested Radisys Fixed Wireless Access (FWA), a high-speed, fiber-like wireless technology seen as a viable alternative to fiber-to-the-home (FTTH) in areas where fiber rollout is challenging.
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Peso near lows as markets turn defensive

Markets 0
The Philippine peso is again nearing record lows as persistent inflation, geopolitical tensions, and strong US dollar demand continue to pressure local markets. Rizal Commercial Banking Corp. chief economist Michael Ricafort said the peso could retest historic weakness after falling 1.8% this week and approaching the April 30 intraday low of P61.75 against the dollar.

DA warns rice price cap violators of jail, fines

Agriculture 0
The Department of Agriculture (DA) has warned rice retailers, traders, and importers that violating the government’s newly imposed price ceiling on imported rice could lead to jail time, hefty fines, and even business closures under the Price Act.

DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

Energy & Mining 0
The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

Energy & Mining 0
Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.
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