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Alternergy amass P20B capital for a slew projects next year

Energy & Mining Context.ph Context.ph -
Renewable energy producer Alternergy Holdings Corp. on Monday reported raising capital funds of over P20 billion since its initial public offering in March 2023.

Gasoline cheaper by 90 centavos a liter beginning Tuesday

Energy & Mining Context.ph Context.ph -
Gasoline sold in various retail outlets across the country is going to be cheaper by P0.90 per liter beginning Tuesday.  

Meralco signals higher electricity charges in June

Energy & Mining Context.ph Context.ph -
The Manila Electric Co. (Meralco) on Monday warned of higher electricity charges in June as a consequence of adjustments in several line items in the monthly power bill.

Yield on 91-day treasury bill eases on strong demand

Banking & Insurance Context.ph Context.ph -
Average interest rate on 91-day treasury bills declined at the auction Monday, softened by strong demand for the shorter-dated debt paper.

Gogoro targets ride market beyond premium

Transport & Logistics Context.ph Context.ph -
Gogoro Philippines, the innovative leader in electric mobility and battery-swapping technology, has begun tapping the prepaid market to gain a broader share of the Filipino riding audience.
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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).

DigiPlus links ArenaPlus to global anti-match-fixing network

Corporate 0
DigiPlus Interactive Corp. has integrated its sportsbook brand ArenaPlus sportsbook platform into the Sportradar Integrity Exchange (SIE), a global system that helps detect and prevent match-fixing.

Federal Land sees steady demand despite incertainty

Property 0
Federal Land NRE Global Inc. (FNG) said demand for its projects remains strong despite economic uncertainties, particularly in its 600-hectare River Park development in Cavite.
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