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PCIC pilots AI-backed insurance to speed up typhoon relief

Banking & Insurance Context.ph Context.ph -
The Philippine Crop Insurance Corp. (PCIC) is set to pilot a technology-driven insurance program aimed at expediting claims processing for rice farmers impacted by typhoons, starting with the 2025 wet cropping season.

Fourth GEA iteration draws 230+ bids for 10,653 MW in renewable projects

Energy & Mining Context.ph Context.ph -
A total of 142 renewable energy (RE) companies have qualified under the fourth iteration of the Department of Energy’s (DOE) Green Energy Auction (GEA4), submitting over 230 project bids targeting 10,653 MW of capacity.

Ayala Land ups mall redevelopment budget to ₱17.5B

Corporate Context.ph Context.ph -
Ayala Land Inc. (ALI) has raised its mall redevelopment budget from ₱13 billion to ₱17.5 billion, signaling a stronger push to transform its retail properties into integrated lifestyle destinations.

₱11.35-B nickel mine expansion proposed in Zamboanga del Norte

Environment Context.ph Context.ph -
Florjenmar Mining Corp. is seeking regulatory clearance to increase its annual nickel extraction from 500,000 metric tons to 5 million metric tons under its Gutalac Nickel Project in Zamboanga del Norte, according to a recent filing with the Environmental Management Bureau (EMB).

Flooding sparks clash over infrastructure and climate impact

Environment Context.ph Context.ph -
A growing debate over the causes of severe flooding in Metro Manila has prompted the Department of Environment and Natural Resources (DENR) to urge for “science-based” evaluations, amid conflicting claims and ongoing urban development projects.
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Lender urges calibrated rate hike and swift supply reforms as BSP flags high inflation, weak growth 

Top News 0
The Bank of the Philippine Islands (BPI) is urging the Bangko Sentral ng Pilipinas (BSP) to deliver a calibrated interest rate increase while calling on executive agencies to roll out immediate supply-side reforms, following the central bank’s warning late Wednesday that the economy faces a difficult mix of high inflation and slowing growth.

Airfares set to fall late- November after CAB cuts fuel surcharge

Transport & Logistics 0
Travelers and freight forwarders may pay less for flights and cargo starting November 16, as the Civil Aeronautics Board (CAB) lowers fuel surcharges following a drop in global jet‑fuel prices.

PPA pushes inter-island sea travel for ASEAN‑linked five-day holiday

Transport & Logistics 0
The Philippine Ports Authority (PPA) is inviting Filipinos to explore local tourist spots using the country’s modernized ports and budget‑friendly inter‑island sea travel for the November 14‑18 extended holiday tied to the 49th ASEAN Summit.

GMA Network’s nine-month net income plunges  98%

Corporate 0
GMA Network Inc. reported a 98‑percent drop in its January‑September net income, as the end of election‑driven advertising revenue, inflation, and economic uncertainty dragged down its core broadcast business.
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