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Marcos signs expanded tertiary education law

Education, Health & Science Context.ph Context.ph -
President Ferdinand Marcos Jr. on Friday signed amendments to the Universal Access to Quality Tertiary Education Act, expanding government assistance beyond free tuition to help poor and disadvantaged students stay in college or technical-vocational training and build a larger skilled workforce.

PCCI backs $110B electronics export target

Trade & Investments Context.ph Context.ph -
The Philippine Chamber of Commerce and Industry (PCCI) is backing the electronics industry’s push to raise exports to USD110 billion by 2030, but said achieving the target will depend on how quickly the government and industry can turn the new roadmap into investments, skills, and higher-value semiconductor capabilities.

ALI shifts from mall reinvestment to maximizing upgraded assets

Property Context.ph Context.ph -
Ayala Land Inc. (ALI) is moving into a more earnings-focused phase of its mall strategy, seeking to extract stronger returns from flagship properties after a major reinvestment cycle while selectively expanding its retail footprint.

Business sentiment dips as high oil prices and inflation fears weigh heavy

Top News Context.ph Context.ph -
Business owners have grown increasingly worried about the country’s economic path, with corporate confidence plunging sharply into negative territory this July. According to the latest Business Expectations Survey by the Bangko Sentral ng Pilipinas (BSP), the overall confidence index dropped to -20.3 percent from a neutral standing in June. This sudden shift marks a significant downturn in how local companies view their immediate operations, driven largely by rising global oil prices, escalating tensions in the Middle East, and stubbornly high domestic inflation.

2GO Travel launches TraveLink: unified sea-land travel service for seamless domestic trips

Travel & Tourism Context.ph Context.ph -
2GO Travel has introduced TraveLink, a new multi-modal service that integrates sea and land travel into a single itinerary, in partnership with leading Asian travel technology platform 12Go Asia.
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Mynt secures SEC approval for P92.32-billion IPO, first to benefit from eased public float rules

Corporate 0
The Securities and Exchange Commission (SEC) has given the green light to Mynt Inc., operator of leading digital payments platform GCash, for its initial public offering (IPO) valued at up to P92.32 billion.

Cool-down in August inflation offers brief respite, not policy pivot – analyst 

Banking & Insurance 0
The slight cooling of headline inflation to 6.1 percent in August from 6.2 percent in July provides a welcome breathing room, but it remains far from a signal for the central bank to ease its stance. Lower meat and vegetable prices helped pull down overall food inflation, though the decline was largely muted by accelerating rice costs and expensive transport amid persistent global oil strength. According to Bank of the Philippine Islands (BPI) lead economist Emilio S. Neri, Jr., this temporary easing is unlikely to alter the trajectory of monetary policy. He says that the Bangko Sentral ng Pilipinas (BSP) will likely stay on a tightening path, potentially raising the policy rate by 25 basis points in each of its final two meetings this year to hit 5.50 percent.

SEMPHIL expansion draws 30 Korean suppliers

Communications & Technology 0
Samsung Electro-Mechanics Philippines Corp.’s (SEMPHIL) P50.7-billion expansion is starting to draw interest from its Korean supply chain, with about 30 Tier 1 suppliers of parent Samsung Electro-Mechanics Co. Ltd. (SEMCO) expected to come to the Philippines in October to assess potential local investments.

ACMobility takes EV safety campaign nationwide

Transport & Logistics 0
ACMobility has launched a nationwide electric vehicle safety education program covering EV technology, charging, ownership, and vehicle safety as electric vehicles become more common in the Philippine market.
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