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CIAC signs MOUs with Singapore leaders in aviation

Transport & Logistics Context.ph Context.ph -
The Clark International Airport Corp. (CIAC) has partnered with Singapore-based aviation companies to advance the development of the Clark International Aviation Campus, a strategic step in transforming Clark into the Philippines’ premier aviation and logistics hub.

DigiPlus files for South African gaming license

Corporate Context.ph Context.ph -
Online gaming firm DigiPlus Interactive Corp. has officially filed its license application with the Western Cape Gambling and Racing Board (WCGRB) in South Africa, signaling its entry into one of the world’s most promising regulated online gaming markets.

Profriends builds thriving communities beyond homes

Property Context.ph Context.ph -
Property Company of Friends, Inc. (Profriends) is redefining Filipino homeownership by creating communities that prioritize not just comfortable housing but also relationships, sustainability, and holistic living.

LSB opens new North Luzon branches

Banking & Insurance Context.ph Context.ph -
Legazpi Savings Bank (LSB), a subsidiary of the Bank of the Philippine Islands (BPI), has opened three new branch-lite units (BLUs) in Northern Luzon, as part of its ongoing mission to support educators and strengthen communities. The new branches are located in San Fernando (La Union), La Trinidad (Benguet), and Tuguegarao City (Cagayan)—key hubs serving over 85,000 teaching and non-teaching staff and more than 5,000 schools across Regions I and II.

Meralco nears full power restoration after Nando

Energy & Mining Context.ph Context.ph -
The Manila Electric Company (Meralco) has restored electricity to nearly all customers affected by power outages caused by intensified southwest monsoon rains triggered by Super Typhoon Nando (international name: Ragasa). According to Meralco vice president and head of corporate communications Joe R. Zaldarriaga, crews are now conducting final restoration efforts and will continue working until service is fully restored.
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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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