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Globe Telecom closing coverage gap with new towers

Transport & Logistics Context.ph Context.ph -
Globe Telecom Inc. is set to accelerate its expansion of mobile cell towers in geographically isolated and disadvantaged areas (GIDAs) this year, in a bid to meet the growing demand for broadband connectivity.

Masbate Airport to reopen Monday after typhoon cleanup

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) has announced plans to expedite repair efforts at Masbate Airport after Typhoon Opong left significant structural damage, with estimated costs ranging from P10 to P15 million.

DA fast-tracks farmers, fisherfolk aid hit by typhoons and monsoon

Agriculture Context.ph Context.ph -
Agriculture Secretary Francisco P. Tiu Laurel Jr. has directed all regional offices of the Department of Agriculture (DA), along with the Philippine Crop Insurance Corp. (PCIC), to fast-track damage verification and loss assessment in areas affected by recent tropical cyclones and the southwest monsoon (Habagat). The goal is to speed up the distribution of assistance to thousands of affected farmers and fisherfolk.

First Balfour pioneers AI in PH construction

Corporate Bulletins Context.ph Context.ph -
First Balfour Inc., the construction and engineering arm of the Lopez Group, has become the first construction firm in the Philippines to adopt the Autodesk Construction Cloud (ACC), an AI-powered construction management system (CMS) designed to streamline project planning, execution, and monitoring.

Sun outshines Eala in Jingshan Open semis match

Sports & Entertainment Context.ph Context.ph -
Alex Eala came out swinging like a woman on a mission. Determined to book her place in the final of the WTA 125 Jingshan Tennis Open, the 20-year-old Filipina raced through the first set against familiar foe Lulu Sun of New Zealand, 6-3, in 35 minutes.
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ASEAN signs digital pact targeting $2T economy by 2030

Communications & Technology 0
ASEAN trade ministers have signed a landmark Digital Economy Framework Agreement (DEFA), establishing common rules for online commerce, digital payments and cross-border data flows in a bid to double Southeast Asia’s digital economy to USD2 trillion by 2030.

Philippines, Canada conclude FTA talks, target 2027 signing

Trade & Investments 0
The Philippines and Canada have concluded negotiations for a bilateral free trade agreement (FTA), setting the stage for expanded market access, greater investment flows and new opportunities for exporters, service providers and small businesses.

ADB: ASEAN needs USD7.1T for infrastructure, bankable projects lag

Trade & Investments 0
Southeast Asia needs an estimated USD7.1 trillion in infrastructure investment through 2040, but a shortage of commercially viable projects is preventing governments from mobilizing enough private capital to meet the region’s growing needs, Asian Development Bank (ADB) President Masato Kanda said Saturday.

A week of unfortunate events: Ay, naku!

Opinion 0
If the past week's tea leaves had a message, it was this: ay, naku. The economy served up a one-two punch of sluggish growth and runaway prices, then appeared to ask whether we wanted seconds. Monday brought third-quarter GDP growth of 2.1 percent, down from 2.4 percent in the previous quarter and below the 2.8 percent consensus forecast. That marked five consecutive quarters of slowing growth and the weakest performance since the pandemic. October inflation, meanwhile, averaged 7.8 percent. Some wanted the monetary authorities to wield a bigger stick through a jumbo rate hike. Tame prices without choking an already parched economy? Sige, good luck. With stocks around 5,600 and the peso near P64 to the dollar, even sharply cheaper gasoline felt less like salvation than a promo expiring next week.
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