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Toyota Financial lists P5BB on PDEx

Markets Context.ph Context.ph -
Toyota Financial Services Philippines Corporation., the auto financing arm of GT Capital Holdings Inc., successfully listed P5 billion worth of fixed-rate bonds on the Philippine Dealing and Exchange Corporation (PDEx), marking its maiden issuance in the local debt market.

EDC plans 2029 decommissioning of Leyte Geothermal Plant

Energy & Mining Context.ph Context.ph -
The Energy Development Corp. (EDC) is set to begin the phased decommissioning of its 129-megawatt (MW) Upper Mahiao geothermal power plant in Leyte, citing the facility’s declining technical viability and end of economic life.

NexGen unit gets green light for Laguna floating solar project

Energy & Mining Context.ph Context.ph -
Local renewable energy firm NexGen Energy Corp., through its unit 5hour Peak Energy Corp., has secured a certificate of authority (COA) from the Department of Energy to pursue a floating solar power project in Caliraya Lake, Laguna.

ERC relaxes public listing rules for power firms

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) has eased the public listing requirements for power generation companies and electric distributors, streamlining compliance with a key provision of the Electric Power Industry Reform Act (EPIRA).

DOTr opens bidding for NSCR operations

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) has officially invited local and foreign firms to participate in the bidding for the operations and maintenance (O&M) of the North-South Commuter Railway (NSCR) through a Public-Private Partnership (PPP) arrangement.
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Just in

Almazora drives Philippine transport from carriages to modern PUVs

Mobility 0
Before horsepower became a figure on a vehicle specification sheet, it meant exactly what it said: a horse pulling a carriage.

Philippines calls on world to fund, protect nature at COP17

Environment 0
The Philippines has urged the international community to urgently scale up financing for biodiversity and strengthen cooperation to turn global conservation commitments into real results, as the 17th Conference of the Parties to the UN Convention on Biological Diversity (CBD COP17) got underway here Friday, October 16.

When Manny meets Kiko: Pacquiao, DA chief join forces to fight poverty 

Agriculture 0
National Anti-Poverty Commission (NAPC) Secretary and Lead Convenor Manny Pacquiao is joining forces with Agriculture Secretary Francisco P. Tiu Laurel Jr. to strengthen government efforts to alleviate poverty, particularly among farmers and fisherfolk, who remain among the country’s most economically vulnerable sectors.

Business groups push back on proposed 200% beverage tax hike

Economy 0
Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.
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