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PhilMech hits 2024 mechanization targets, boosts rice farming efficiency

Agriculture Context.ph Context.ph -
The Philippine Center for Postharvest Development and Mechanization (PhilMech), under the Department of Agriculture (DA), met its rice mechanization targets in 2024, delivering thousands of machines and expanding its support program for farmers, cooperatives, and local government units (LGUs).

Metro Retail deepens support for local farmers

Corporate Context.ph Context.ph -
Metro Retail Stores Group, Inc. is reinforcing its commitment to local agriculture by expanding its partnership with Gulay Farmers, a non-profit organization that links smallholder farmers to formal retail markets. 

PAL names Richard Nuttall as new president

Corporate Context.ph Context.ph -
Philippine Airlines (PAL) said Wednesday it has appointed Richard Nuttall, a British national and seasoned executive in the aviation industry, as its new president effective 29 May, signaling the flag carrier’s intent to strengthen its leadership and sharpen its international growth strategy.

Tesla misses 1Q earnings estimates as sales slide

Corporate Context.ph Context.ph -
Tesla Inc. reported weaker-than-expected first-quarter earnings on Tuesday, highlighting a sharp decline in automotive revenue that underscored the mounting pressures facing the electric vehicle...

President Marcos leads launch of $350M VITRO data center

Communications & Technology Context.ph Context.ph -
President Ferdinand Marcos Jr. on Wednesday led the inauguration of VITRO Sta. Rosa, the Philippines’ largest and first hyperscale data center—an advanced facility poised to accelerate artificial intelligence (AI) adoption and drive economic activity and investment.
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Kris Aquino brings star power to Shopee’s 11.11 shopping spectacle

Lifestyle 0
Shopee is adding a familiar dose of star power to its 11.11 shopping campaign, tapping Kris Aquino to headline a two-day livestream showcase packed with celebrity appearances, product launches, and shopping deals ahead of Christmas.

Sharp P16.80 per liter drop on gasoline prices starting Tuesday 

Energy & Mining 0
Gasoline prices will fall by a steep P16.80 per liter this week, with diesel going down by P4.10 per liter and kerosene by P3.70 per liter — the biggest reduction seen in recent weeks — as fuel companies implement the rollbacks starting Tuesday morning, the Department of Energy (DOE) confirmed on Monday.

Wilcon Depot net income dips 6% over nine months amid weather and inflation pressures

Corporate 0
Wilcon Depot Inc. reported a 6 percent decline in net income for the first nine months of 2026, falling to P1.63 billion from P1.75 billion in the same period last year, as challenging weather conditions and macroeconomic headwinds slowed its third-quarter earnings momentum.

DA lifts poultry import ban on Germany

Agriculture 0
The Department of Agriculture has lifted its temporary ban on poultry imports from Germany, effective November 4, after confirming the country is free from highly pathogenic avian influenza. The World Organization for Animal Health has also recognized Germany as disease-free, with DA assessing import-related risk as negligible. Resuming trade will ease local supply constraints, though all biosecurity and quarantine rules remain in effect.
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