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PXP Energy pursues share swap worth P1.56B

Energy & Mining Context.ph Context.ph -
PXP Energy Corp. has agreed to swap 430,243,903 of its common shares in exchange for 24,125,383 Tidemark Holdings Ltd. shares in Forum Energy Limited.

PGEC unit in 10-year energy supply pact with SN Aboitiz

Energy & Mining Context.ph Context.ph -
Petro Green Energy Corp. (PGEC) subsidiary San Jose Green Energy Corp. (SJGEC) has signed a 10-year power supply agreement with SN Aboitiz Power Group (SNAP).

EDC secures permit for second tranche of Asean green bonds

Energy & Mining Context.ph Context.ph -
The Energy Development Corp. (EDC) has secured authority from the Securities and Exchange Commission (SEC) to go ahead and sell fixed-rate ASEAN green bonds worth up to P10 billion.

All-segment 1Q expansions boost MacroAsia profits 72% higher

Corporate Context.ph Context.ph -
Airport and ground services firm MacroAsia Corp. on Monday reported net income rising 72 percent to P337 million in the first three months of the year from P196 million in the same period last year. 

Cebu Pacific seeking up to 150 wide-body jets from either Boeing or Airbus

Transport & Logistics Context.ph Context.ph -
Cebu Pacific anticipates sealing a transaction worth more than USD12 billion for up to 150 new narrow-bodied jets within the quarter.
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DTI pushes VinFast to build Philippine EV plant

Trade & Investments 0
The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.

Cebu snack maker signs power supply deal with COREnergy for 750 kW

Energy & Mining 0
Cebu-based snack manufacturer Prifood Corp has partnered with COREnergy, the retail electricity arm of Vivant Energy, to supply power to its manufacturing operations in the Philippines.

Prime Energy sees Malampaya Phase 4 delivering gas later this year

Top News 0
Prime Energy, the gas exploration arm of Prime Infrastructure Capital Inc., says it is confident it will deliver the  first gas from the Malampaya Phase 4 (MP4) project by the fourth quarter of 2026, staying on schedule based on current progress.

Marcos government eyes income upgrade, poverty decline soon

Economy 0
The administration of President Ferdinand R. Marcos Jr. says the Philippines remains on track to achieve upper middle-income status and further cut poverty rates within the President’s term, even as global uncertainties weigh on growth prospects.
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