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Globe Telecom’s 5G expansion reinforces leadership and empowerment in the digital economy

Markets Context.ph Context.ph -
Globe Telecom Inc. is setting a new benchmark in the Philippine telecommunications sector with the launch of 587 new 5G sites across the country. The investment is designed to meet the growing demand for high-speed mobile services and enhance Globe’s leadership in the industry.

Manila, Seoul in energy knowledge sharing program

Energy & Mining Context.ph Context.ph -
The Philippines and South Korea have launched the 2024/25 Knowledge Sharing Program (KSP) aimed at enhancing bilateral energy cooperation.

DNL sets aside P1B for plant expansions

Corporate Context.ph Context.ph -
Chemical manufacturer D and L Industries Inc. (DNL) has announced a P1 billion fund for capital expenditures (CapEx) supporting minor expansions at its Batangas plant.

Italpinas co-developing sustainable projects in Palawan, Pampanga, and Boracay

Property Context.ph Context.ph -
Italpinas Development Corp. (IDC), a listed boutique property developer, has announced five new joint venture development projects in Puerto Princesa (Palawan), Pampanga, and Boracay in keeping with its contemporary Italian and environmentally responsible architecture designs.

Unregistered importer caught declaring onion as processed food

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) has haled Chastity Consumer Goods Trading before the Olongapo City Prosecutor’s Office for misdeclaring imported onions as processed food, in violation of the Food Safety Act and the Plant Quarantine Law of 1978.
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FedEx breaks ground on major Clark expansion

Transport & Logistics 0
Federal Express Corp. (FedEx) has broken ground on the expansion of its Clark gateway facility, doubling down on the Philippines as a key logistics and trans-shipment hub in Asia amid booming cross-border trade and e-commerce demand. 

US backs Clark Zone for secure supply chains

Trade & Investments 0
US Under Secretary for Economic Affairs Jacob Helberg underscored the growing global push for secure and reliable supply chains during a May 18 visit to the site of the Philippines’ planned Economic Security Zone in New Clark City.

DOJ cracks down on procurement bid-rigging schemes 

Trade & Investments 0
The Department of Justice–Office for Competition (DOJ-OFC) intensified its push for transparency and accountability in government procurement, convening a two-day online workshop to help government personnel and procurement practitioners detect bid rigging and other anti-competitive practices.

AboitizPower, MOELCI-I sign emergency power deal for Misamis Occidental

Energy & Mining 0
Therma South, Inc. (TSI), a subsidiary of Aboitiz Power Corporation, has signed a two-megawatt Emergency Power Supply Agreement (EPSA) with Misamis Occidental I Electric Cooperative, Inc. (MOELCI-I) to help ensure stable electricity supply in Oroquieta City and seven municipalities in the province.
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