Context.ph

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Philippines seeks deeper China ties despite tensions, Go says

Trade & Investments Context.ph Context.ph -
The Philippines wants to deepen trade and investment ties with China despite geopolitical tensions, Finance Secretary Frederick Go said, citing Beijing’s role as the country’s biggest import source and a key provider of technology for infrastructure projects.

Philippines targets 75% domestic borrowing to curb FX risks

Economy Context.ph Context.ph -
The Philippines plans to source up to 75 percent of its government borrowing from the domestic market as it seeks to limit foreign-exchange risks while bringing down its budget deficit and easing taxes on workers and small businesses.

Aboitiz says P13.7-B BlackRock deal nearing close

Corporate Context.ph Context.ph -
The Aboitiz Group expects to soon close its P13.7-billion infrastructure deal with Global Infrastructure Partners (GIP), a unit of BlackRock, as the group moves to bring a major global investor into its infrastructure business.

DOE moves to stabilize Visayas power supply, normalcy seen by Sept 21

Energy & Mining Context.ph Context.ph -
The Department of Energy is taking urgent steps to end rotational outages and stabilize Visayas power supply.

Marcos gov’t seeks P197.3-B rail budget for growth

Transport & Logistics Context.ph Context.ph -
The Marcos administration is seeking P197.3 billion for rail projects in 2027, with nearly all of the proposed spending concentrated on two major lines aimed at easing congestion and improving access to jobs and economic centers.
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Foreign currency reserves hold firm at $104.8 billion in August

Economy 0
The country’s foreign currency reserves stood strong at $104.8 billion as of the end of August 2026, driven by higher global gold prices and earnings from foreign investments, according to preliminary data from the Bangko Sentral ng Pilipinas. Although government withdrawals to pay off foreign debt offset some gains, the overall buffer remains well above global safety standards.

Fuel prices set to rise sharply; over P5 per liter for diesel and kerosene, P4+ for gasoline

Energy & Mining 0
The Department of Energy (DOE) confirmed major across-the-board fuel price hikes taking effect this week, reversing last week’s slight rollback.

Pork prices fall on ASF fears; vaccines, support seen stabilizing industry

Agriculture 0
Pork farmgate prices have dropped sharply as domestic hog raisers rush sales ahead of the rainy season to avoid African swine fever (ASF) losses, the Department of Agriculture (DA) reported Monday. Higher output from last year’s price surge, not imports, drives the shift—production rose 5.6npercent in Q2 while farmgate prices fell nearly 19 percent year-on-year.

Palace says revenues can cover debt as ProGRESS advances

Economy 0
The Philippine government has enough revenues to service its debt even without the proposed ProGRESS tax package, Malacañang said Monday, as the Marcos administration pushes reforms to strengthen fiscal capacity and provide targeted tax relief.
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