Context.ph

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SEC cracks whip on online lenders over consumer protection breaches

Corporate Context.ph Context.ph -
The Securities and Exchange Commission (SEC) has taken decisive regulatory action against two online lending companies for violating key consumer protection and registration requirements, underscoring the agency’s heightened scrutiny of the fast-growing digital lending sector.

Rice tariff stays at 15% as DA cautions vs inflation risks

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) is holding off on any rice tariff increases, saying it is not the right time, particularly with the summer harvest nearly concluded. Agriculture Secretary Francisco Tiu Laurel Jr. emphasized that any move to adjust tariffs must be carefully timed and coordinated with other economic managers.

Manulife points to policy tailwinds for PH stocks

Banking & Insurance Context.ph Context.ph -
Manulife Investment Management is cautiously optimistic of the Philippine equities market, underpinned by stabilizing macroeconomic indicators and signs of a post-election economic rebound. The investment firm points to aligned first-quarter corporate earnings, falling inflation, and anticipated interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) as key market drivers.

AirAsia PH names new chief amid expansion push

Transport & Logistics Context.ph Context.ph -
AirAsia Aviation Group Limited (AAAGL) has named Captain Suresh Bangah as president and general manager of AirAsia Philippines, marking a pivotal leadership shift as the low-cost carrier prepares for a new phase of sustainable and profitable expansion.

Mixed Fuel Price Adjustments Set for Tuesday: Gasoline Up, Diesel and Kerosene Down

Energy & Mining Context.ph Context.ph -
The various fuel retailers are rolling out mixed price adjustments for petroleum products starting Tuesday, with a modest increase in gasoline prices offset by cuts for diesel and kerosene.
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BFAR steps up help for local salt farmers as imports dominate market

Agriculture 0
Government fisheries authorities are pushing for more support and safeguards for Filipino salt makers, as most of the salt used in the country comes from abroad.

Filinvest launches P1-B solar plant in Misamis Oriental, a first-of-its-kind project in PH

Energy & Mining 0
The Filinvest Group has launched its first large-scale solar power facility — a 20.774-megawatt installation in Tagoloan, Misamis Oriental — with over P1 billion in investment. Developed by subsidiary FDC Green Energy Corp., the ground-mounted plant sits inside the PHIVIDEC Industrial Estate, a key economic zone with ideal terrain and access to power infrastructure.

DA expands P20-per-Kg rice program in Kalinga, rolls out ₱285-M farm support

Agriculture 0
The Department of Agriculture (DA) has expanded its P20 per kilogram rice program in Kalinga province, while releasing about ₱285 million in additional agricultural aid for local farmers this year. DA Secretary Francisco Tiu Laurel Jr. led the launch activities in Tabuk City, which included facility inspections, farmer dialogues, and distribution of support covering rice, corn, livestock, high-value crops, and local development projects.

PNOC checks Batangas facilities ahead of state-procures LPG arrival

Energy & Mining 0
The Philippine National Oil Co. (PNOC) inspected LPG storage and port facilities in Calaca, Batangas over the weekend to confirm they are ready to receive, store, and safely handle 21,000 metric tons of government-procured LPG. This supply, sourced from the United States and transiting through Singapore, is due to arrive by the end of May.
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