Context.ph

Motorists will face higher fuel costs starting Tuesday as major and independent retailers implement across-the-board price hikes. Gasoline prices will increase by P0.60 per liter, diesel by P0.95, and kerosene by P0.30, marking the fourth straight week of increases for gasoline.

Citicore Energy REIT Corp. (Creit) announced plans to acquire 250 megawatts (MW) of solar assets from its sponsor, Citicore Renewable Energy Corp. (CREC), by year-end, reinforcing its strategy to grow its sustainable energy footprint.

Atome, Southeast Asia’s largest buy now, pay later (BNPL) platform and a key business under the Advance Intelligence Group, has secured a USD75 million asset-backed financing from Lending Ark, part of the Lending Ark Asia Secured Private Debt Fund advised by CITIC Securities CLSA Capital Partners (HK) Limited.

The Department of Information and Communications Technology (DICT) on Monday, in response to President Ferdinand Marcos Jr.'s directive to drive inclusive digital growth, announced plans to create eight million new jobs in the digital sector by 2028. This initiative is part of the administration’s broader vision of a “Digital-First Economy,” aiming to make digital opportunities accessible to all Filipinos, including those in remote and underserved communities.

Emperador Inc., the liquor unit of tycoon Andrew Tan’s Alliance Global Group, anticipates continued headwinds for its global Scotch whisky business in 2025, citing competitive markets in North America, China, and Europe. However, the company projects a market rebound by 2026, according to president and CEO Winston S. Co.