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Long haul foreign investments seen rounding 2024 as net inflows of $9.5 billion

Top News Context.ph Context.ph -
Foreign direct investments (FDI), the kind that stays invested for the long haul and generates employment for Filipinos, is seen aggregating USD 500 million this year...

Maynilad expands AI use after successful pilot test

Corporate Context.ph Context.ph -
Maynilad Water Services Inc. is expanding the use of artificial intelligence (AI) in identifying areas in its water distribution system with high likelihood for leaks.

Lopez Group deploys citizen scientists to improve VIP protection efforts

Environment Context.ph Context.ph -
First Gen Corp. and ABS-CBN Foundation Inc. (AFI) have organized an 18-member team of citizen scientists in Lobo, Batangas as an additional initiative in support of a long-term program helping preserve the marine ecosystem at the Verde Island Passage (VIP).

June WESM rates down 25 percent

Energy & Mining Context.ph Context.ph -
The price of electricity sold at the Wholesale Electricity Spot Market (WESM) fell in June, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

Converge, US partner developing AI-powered data centers

Transport & Logistics Context.ph Context.ph -
Converge ICT Solutions Inc. has teamed up with US-based IT solutions provider Super Micro Computer Inc. to jointly establish AI-powered, green data centers in the Philippines. 
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From vacation home to thriving staycation spot: One woman’s journey in Puerto Galera

Lifestyle 0
In the island destination of Puerto Galera, a simple vacation house has grown into a welcoming retreat for travelers—thanks to the determination of business owner Carmen Kanematsu.

FDC Green solar project cleared for operations

Energy & Mining 0
DC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm FDC Utilities, Inc. (FDCUI), has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for its 20.774-megawatt peak (MWp) ground-mounted solar facility at the PHIVIDEC Industrial Estate, signaling readiness to supply power to the grid.

Globe trims hybrid debt, strengthens balance sheet

Corporate 0
Globe Telecom Inc. has completed a significant step in its capital management strategy after concluding a tender offer for its USD600 million 4.2 percent Senior Perpetual Capital Securities, resulting in the repurchase of a large portion of the outstanding debt instrument.

DA centralizes farm reform programs under single office

Agriculture 0
The Department of Agriculture (DA) has created a single project management office (PMO) to oversee two major reform programs funded by the World Bank. The move aims to improve coordination, speed up implementation, and strengthen oversight.
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