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PCIC optimistic about securing higher 2026 budget to widen farmer coverage

Banking & Insurance Context.ph Context.ph -
The Philippine Crop Insurance Corp. (PCIC) is optimistic about securing an additional P1 billion in funds from the 2026 national budget to expand farmer insurance cover numbering 4.2 million as of end-2024.

Pacific Online rethinks gaming strategy amid regulatory uncertainty

Corporate Context.ph Context.ph -
Pacific Online Systems Corp. is reassessing its position in the Philippine online gaming sector, citing regulatory headwinds that may impact future investment.

PH eyes lower US tariffs on coconuts; Poultry imports spark local concerns

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) on Thursday said the upcoming trade negotiations between the Philippines and the United States will focus on coconut exports and poultry imports, with significant economic implications for local producers.

SM Prime eyes completing Manila Bay land reclamation in 2025

Property Context.ph Context.ph -
SM Prime Holdings Inc., the property development arm of the Sy family’s business empire, announced it will complete the land reclamation portion of its 360-hectare Manila Bay project by the end of 2024, marking a major milestone in one of the country’s most ambitious urban infrastructure projects.

DICT, Google renew alliance vs fake news, boost digital literacy

Transport & Logistics Context.ph Context.ph -
The Department of Information and Communications Technology (DICT) has renewed its partnership with Google Philippines, reinforcing efforts to curb the spread of false information and promote digital literacy nationwide.
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ASEAN+3 fortifies regional financial shield with launch of rapid financing facility 

Finance 0
Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.

Solid Group, Singaporean partner plan USD40M solar venture

Energy & Mining 0
Solid Group Inc. is teaming up with a Singapore-linked investment group to establish a USD40-million venture that will build and operate a Philippine factory producing solar photovoltaic cells and modules for export.

MacroAsia profit drops 45% as costs, weaker affiliate earnings bite

Corporate 0
Higher operating costs and weaker contributions from associates, particularly aircraft maintenance unit Lufthansa Technik Philippines (LTP), dragged down MacroAsia Corp.’s nine-month net income attributable to parent-company shareholders by 45 percent to P560.4 million, despite revenue growth across its food services, airport ground handling and water businesses.

VinFast brings updated electric VF 8 SUV to Manila

Mobility 0
VinFast has introduced its updated VF 8 electric SUV in the Philippines, pricing the five-seater from P1.55 million with a battery subscription or P1.79 million with the battery included.
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