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Surprise inspection at Marulas Market

Agriculture Context.ph Context.ph -
A surprise inspection at the New Marulas Public Market early Friday by officials from the Department of Agriculture (DA) and Food Terminal Inc. uncovered significant issues over the implementation of the maximum suggested retail price (MSRP) program for both imported rice and local pork.

TRB orders NLEX to explain bridge damage incident

Transport & Logistics Context.ph Context.ph -
The Toll Regulatory Board (TRB) has demanded an explanation from NLEX Corp. on why it should not face penalties following the 19 March incident in which an overheight truck collided with the Marilao Interchange Bridge, causing significant traffic disruption.

Philippines boosts climate finance strategy for sustainable growth

Environment Context.ph Context.ph -
The Department of Finance (DOF) has made significant strides in ensuring the Philippines is well-equipped with effective policy tools to lead in financing climate action and achieving sustainable economic growth. By collaborating with government agencies and the private sector, the DOF is spearheading the development of the Climate Finance Strategy (CFS), a national blueprint to scale up financing for climate-related initiatives.

Digital forensics training strengthens fight vs cybercrime

Transport & Logistics Context.ph Context.ph -
The Cybercrime Investigation and Coordinating Center (CICC), in partnership with Astria Corporation, is providing critical digital forensics training to Philippine law enforcement to address the escalating threat of cybercrime.

Smartphones boost financial inclusion for 4Ps families

Social Responsibility & Sustainability Context.ph Context.ph -
In a move aimed at enhancing financial inclusion, Globe Telecom, GCash, and the Department of Social Welfare and Development (DSWD) have launched a program providing smartphones to 4Ps (Pantawid Pamilyang Pilipino Program) families.
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China’s pig import restrictions have no impact on trade – DA

Agriculture 0
The Department of Agriculture (DA) and Bureau of Animal Industry (BAI) said that China’s restrictions on imports of Philippine pigs, wild boar, and related products do not affect the country’s current trade performance, as the Philippines does not export these items to China at present.

Visayas grid under yellow alert; think tank urges decentralized power setup

Energy & Mining 0
The Visayas grid remained under yellow alert from 4 to 8 p.m. today, marking the eighth day this month the alert has been raised, with red alerts also triggered earlier in May. The National Grid Corporation of the Philippines reported low power reserves: available capacity stood at 2,692 MW against a peak demand of 2,503 MW. The strain stems from multiple long-term plant shutdowns—some inactive since as early as 2021—and 15 plants running below full capacity. Major facilities out of service include two units of Therma Visayas Inc. and a plant owned by Meralco Power Gen Corp., together making up over half of the unavailable supply.

SEC revokes broker’s license over fraudulent practices

Corporate 0
The Securities and Exchange Commission (SEC) has canceled the registration of Mount Peak Securities Inc. as a broker-dealer due to serious violations of securities laws, including fake financial reports, use of dummy accounts, and forged client documents. This development helps protect investors and upholds integrity in the local capital market.

ACEN JV, Ocean Sun sign MOU for floating solar project in Asia

Energy & Mining 0
ACEN-Silverwolf Pte Ltd, a joint venture of ACEN Renewables International and Silverwolf Capital, has signed a non-binding memorandum of understanding with Ocean Sun AS to explore rolling out floating solar technology across key Asian markets. Disclosed recently, the agreement sets the stage for a potential formal partnership focused on building large-scale solar installations on freshwater reservoirs and inland water bodies, pending necessary approvals and final contracts. This collaboration combines ACEN-Silverwolf’s strong regional renewable energy experience with Ocean Sun’s patented, specialized technology designed for efficiency and durability in freshwater settings. The deal is significant as it supports ACEN’s broader goal of reaching 20,000 MW of renewable capacity by 2030 and achieving net-zero emissions by 2050, while advancing cost-effective clean energy solutions across the region.
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