Context.ph

DP World is set to open a new warehouse in the Philippines before the end of 2026, expanding its logistics footprint as the global supply chain company builds a more integrated network across Southeast Asia.

Top Line Business Development Corp. is taking its Light Fuels retail network beyond Cebu, opening five renovated and rebranded fuel stations in Negros Oriental as it seeks to build a wider presence across the Visayas.

The Bangko Sentral ng Pilipinas (BSP) has completed the third run of its flagship economic and financial literacy initiative, bringing the 2026 Economic and Financial Learning Program (EFLP) to Cabanatuan City on August 18 and 19, advancing the central bank’s policy goal of expanding accessible financial knowledge across underserved communities.

Telecommunications giants PLDT and Smart Communications have expanded their strategic collaboration with Microsoft to integrate artificial intelligence directly into their core business operations.

Orly Guteza, former bodyguard of ex-Congressman Rizaldy Co., has recanted his September 2025 testimony before the Senate Blue Ribbon Committee, where he claimed he helped deliver suitcases of money in connection with the flood control controversy. Guteza said his affidavit was prepared by former Congressman Mike Defensor and his son-in-law, Mark, and was later revised by Senator Rodante Marcoleta. He said the meeting took place on Sept. 24, 2025, at a Japanese restaurant near the Senate. Guteza also claimed Defensor offered him cash and educational scholarships for his children in exchange for his testimony. Also, in his new 4-page affidavit notarized on August 13 in Pasig City, Guteza claimed he was tapped to testify because Co’s executive assistants might be expelled from the Iglesia ni Cristo if they admitted their role in moving the money.