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Gov’t sets ₱50/kg cap on imported rice amid rising inflation

Agriculture Context.ph Context.ph -
The government is ready to immediately enforce a ₱50-per-kilo price cap on imported rice to help ease the burden of rising food prices on Filipino consumers, the Department of Agriculture (DA) said.

Converge hits ₱11.2B revenue, surpasses 3M subscribers in 1Q 2026

Corporate Context.ph Context.ph -
Converge ICT Solutions Inc. posted ₱11.2 billion in revenue in the first quarter of 2026 as its subscriber base grew past three million, driven largely by strong demand for prepaid fiber internet.

Xurpas cancels P10-M share subscription deal

Corporate Context.ph Context.ph -
Xurpas Inc. has cancelled a planned issuance of 100 million shares to PPARR Management & Holding Corp., scrapping a capital infusion deal that was originally intended to raise P10 million for general working capital needs.

BMW deploys 125-vehicle for ASEAN 2026 Summit

Corporate Bulletins Context.ph Context.ph -
BMW Philippines completed its role as the official premium mobility partner for the ASEAN 2026 Summit by deploying a 125-vehicle fleet to transport heads of state, diplomats and senior officials during the regional event hosted by the Philippines.

SPAVI profit drops as expansion push continues

Corporate Context.ph Context.ph -
Shakey’s Pizza Asia Ventures Inc. reported slower earnings growth in the first quarter of 2026 as the restaurant group continued expanding despite weak consumer spending and rising operating pressures.
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Philippine food brands breaks into Singapore premium market

Trade & Investments 0
Filipino food brands are steadily carving out space in Singapore’s highly competitive premium consumer market, as the Department of Trade and Industry (DTI) ramps up efforts to position Philippine exports beyond traditional commodity offerings and into higher-value branding and innovation-driven segments.

DENR targets planting 3 million trees for Philippine Arbor Day

Environment 0
The Department of Environment and Natural Resources (DENR) will lead the nationwide observance of Philippine Arbor Day on June 25, aiming to plant three million trees across the country as part of efforts to boost environmental protection and sustainable development.

Globe and Disney host movie screenings for student leaders

Corporate Bulletins 0
Student leaders from across the Philippines gathered recently for special simultaneous screenings of Toy Story 5 organized by Globe and Disney in Clark, Bonifacio Global City, Dasmariñas, and Cebu City.

Shakey’s closing more stores amid economic, political challenges

Corporate 0
Shakey’s Pizza Asia Ventures Inc. plans to close more outlets this year, following the closure of 15 to 20 stores so far, primarily under its Peri-Peri brand. At the start of 2026, the company operated around 3,000 locations across its brands.
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