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Wednesday, 17 September 2025, 8:13 am

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    PPA terminates Zamboanga Port Terminal contract over delay, design issues

    Transport & Communications Context.ph Context.ph -
    The Philippine Ports Authority (PPA) has terminated the contract for the Zamboanga Port Passenger Terminal Building (PTB) project, citing outdated delays, design, and policy priorities, according to PPA assistant general manager for engineering James Gantalao.

    Engineers using fake licenses face LTO summons

    Transport & Communications Context.ph Context.ph -
    The Department of Transportation (DOTr) has directed the Land Transportation Office (LTO) to summon two engineers from the Department of Public Works and Highways (DPWH) for allegedly using falsified driver's licenses to gain entry into casinos—an act revealed during a recent Senate investigation into flood control projects.

    Senators elect Sotto as new Senate President

    Context Dispatch Context.ph Context.ph -
    The Senate on Monday elected Senator Vicente "Tito" Sotto III as its new president, replacing Senator Francis Escudero, who has recently faced controversy over alleged links to a contractor involved with the Department of Public Works and Highways.

    T-Bill yields drop further after recent rate cut

    Markets Context.ph Context.ph -
    Yields on Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ (BSP) recent interest rate cut and expectations of further monetary easing.

    PRU Life UK claims top PH insurer slot in first-half

    Banking & Insurance Context.ph Context.ph -
    Pru Life UK emerged as industry leader in the Philippine insurance sector for the first half of 2025, securing the top position in new business premiums, according to the latest report from the Insurance Commission.
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    BSP deploys new anti-scam law to probe flood control corruption accounts

    Banking & Insurance 0
    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

    Transport & Communications 0
    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.

    PAL tops Asia-Pacific for on-time performance in August

    Transport & Communications 0
    Flag carrier Philippine Airlines (PAL) has been named the most punctual airline in the Asia-Pacific region for August 2025, achieving an on-time performance (OTP) rating of 89.37 percent, according to global aviation analytics firm Cirium.

    Grab faces new oversight in driver incentives

    Transport & Communications 0
    Grab Philippines has signed a new agreement with the Philippine Competition Commission (PCC) to extend the regulatory review of its driver incentive program by another year, underscoring ongoing corporate oversight following its 2018 acquisition of Uber’s Southeast Asia operations.
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    Alas stuns Egypt in FIVB pool game: redemption in 4 sets

    0
    It was a win long in the making—and for Alas Pilipinas, it felt like a cleansing rain after a dry season of close calls and unfulfilled promise. In front of an ecstatic home crowd at the Mall of Asia Arena, the Philippine men’s national volleyball team stunned World No. 21 Egypt in four searing sets—29-27, 23-25, 25-21, 25-21—in what may go down as the most memorable night in the country’s volleyball history.
    Banking & Insurance

    BSP deploys new anti-scam law to probe flood control corruption accounts

    0
    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.
    Transport & Communications

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

    0
    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.
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