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    Philippine budget deficit within target amid spending rise

    Top News Context.ph Context.ph -
    The Philippine government posted a budget deficit of P869.2 billion at the end of August, around 56 percent of the revised full-year target of P1.56 trillion for 2025. 

    GSIS Chief Veloso, 4 Execs Return to Warm Welcome After Suspension Lifted

    Corporate Context.ph Context.ph -
    GSIS president and general manager Wick Veloso and four other executives received an emotional welcome from employees during the agency’s flag-raising ceremony on September 23, following the lifting of their 60-day preventive suspension by the Office of the Ombudsman.

    DPWH chief targets P5B in corruption-linked assets

    Transport & Communications Context.ph Context.ph -
    Public Works Secretary Vince Dizon has asked the Anti-Money Laundering Council (AMLC) to freeze over P474.5 million worth of luxury vehicles allegedly owned by individuals connected to anomalous flood control projects.

    SMC alerts public on scams using CEO Ramon Ang’s name

    Corporate Context.ph Context.ph -
    San Miguel Corp. (SMC) has renewed warnings about fraudulent schemes exploiting the name and likeness of its chairman and CEO, Ramon S. Ang, for profit. Scammers are circulating deepfake videos on social media platforms like TikTok, Facebook, and Instagram, digitally altering Ang’s image and voice to deceive people into clicking malicious links and transferring money.

    PBBM eyes longer rice import ban, higher tariff

    Agriculture Context.ph Context.ph -
    President Ferdinand Marcos Jr. is moving to tighten the country’s rice import policy by extending the current two-month import suspension and raising tariffs on foreign rice, in a bid to stabilize palay prices and protect Filipino farmers during the peak of the harvest season.
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    Gov’t to use NFA as temporary benchmark for palay floor price

    Agriculture 0
    The government’s move to impose a floor price for rice purchases by state agencies is expected to set a strong benchmark that will raise farmers’ incomes and strengthen the National Food Authority’s (NFA) role in ensuring fair grain prices, Agriculture Secretary Francisco P. Tiu Laurel Jr. said Wednesday.

    Philippines, Türkiye eye deeper agri-trade, halal collaboration

    Agriculture 0
    The Philippines is stepping up agricultural ties with Türkiye, targeting stronger trade in poultry, seafood, and tropical products while boosting Halal-certified feed production. A recent meeting between represenatives of the Department of Agriculture and the Turkish Embassy focused on enhancing food security and opening new markets for high-value Philippine exports.

    New partnership seen boosting SME financing across Ph

    Banking & Insurance 0
    Discovery Capital Finance Corp. (DCFC) and fintech company KreditHero, Inc. have announced a nationwide partnership to expand access to financing for small and medium enterprises (SMEs) across the Philippines. The collaboration combines Discovery Capital’s lending experience and network with KreditHero’s digital technology and wide reach, aiming to make it easier and faster for entrepreneurs to secure funding.

    Modern rice seed complex rises in Nueva Ecija

    Agriculture 0
    The governments of the Philippines and South Korea have opened new rice seed processing and cold storage facilities at the Department of Agriculture–Philippine Rice Research Institute (PhilRice) in Muñoz, Nueva Ecija. The project marks PhilRice’s 40th anniversary and aims to modernize the country’s rice seed supply chain.
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    Context.ph

    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

    The latest

    Transport & Communications

    Globe speeds up typhoon recovery, expands free services and relief efforts

    0
    Globe continues to provide essential support to communities hit by Typhoon Tino, ramping up restoration work across the Visayas and Mindanao. The company has deployed technical teams, set up Libreng Tawag, Libreng Charging, and Libreng WiFi stations, and is preparing for wider relief operations in areas heavily affected by the storm.
    Agriculture

    Gov’t to use NFA as temporary benchmark for palay floor price

    0
    The government’s move to impose a floor price for rice purchases by state agencies is expected to set a strong benchmark that will raise farmers’ incomes and strengthen the National Food Authority’s (NFA) role in ensuring fair grain prices, Agriculture Secretary Francisco P. Tiu Laurel Jr. said Wednesday.
    Agriculture

    Philippines, Türkiye eye deeper agri-trade, halal collaboration

    0
    The Philippines is stepping up agricultural ties with Türkiye, targeting stronger trade in poultry, seafood, and tropical products while boosting Halal-certified feed production. A recent meeting between represenatives of the Department of Agriculture and the Turkish Embassy focused on enhancing food security and opening new markets for high-value Philippine exports.
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