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Former Energy Secretary Camacho named chairman of Nickel Asia board

Corporate Context.ph Context.ph -
Nickel Asia Corp. on Friday announced the appointment of Jose Isidro N. Camacho as chairman of the company, succeeding Gerard Brimo who retired from the listed nickel mining company.

Foot traffic at PITX seen hitting 150 million this month

Transport & Logistics Context.ph Context.ph -
The Parañaque Integrated Terminal Exchange (PITX), the country's pioneering landport, on Friday reported hitting the 146 million mark in foot traffic since its inception in November 2018.

MBC supports Meralco’s franchise renewal

Energy & Mining Context.ph Context.ph -
The Manila Electric Co. (Meralco) has secured the backing of another major business group in its bid to renew its franchise set to expire in 2028. 

LRT-1 extension project on track to Q4 2024 completion

Transport & Logistics Context.ph Context.ph -
The Light Rail Manila Corp. on Friday said that the LRT-1 Cavite Extension Phase 1 is on track to begin operations by the end of this year.

DA, DMW sign deal to help OFWs find investment opportunities in agriculture

Agriculture Context.ph Context.ph -
The Department of Agriculture on Wednesday signed an agreement with the Department of Migrant Workers to assist millions of overseas Filipino workers find alternative livelihood in the Philippines, particularly in agriculture and agro- enterprises.
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Just in

Peso stalls, stocks drift amid global uncertainty

Economy 0
The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.

Fuel prices to drop Tuesday, says DOE

Energy & Mining 0
The Department of Energy (DOE) announced that fuel prices will go down again starting Tuesday, with minimum rollbacks of P3.41 per liter for gasoline, P24.94 for diesel, and P2 for kerosene.

ERC approves higher refund for Meralco customers, may shorten payout period

Energy & Mining 0
The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.

SRA releases first cash aid to sugar farmers amid rising fuel costs

Agriculture 0
The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).
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