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DOE warns fuel stations: No price hikes before Tuesday adjustment

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) on Sunday warned oil companies and gasoline stations not to implement fuel price increases ahead of the scheduled adjustment on Tuesday, as authorities step up monitoring amid rising global oil prices.

First Gen plans ₱41.7B capex for 2026 to expand renewable energy projects

Corporate Context.ph Context.ph -
Power producer First Gen Corporation is preparing up to ₱41.7 billion in capital spending for 2026, a 24.5 percent increase from its ₱33.5 billion capex in 2025, company officials said.

Spot power prices ease in February, but regulators warn of possible surge if Middle East tensions drive fuel costs up

Energy & Mining Context.ph Context.ph -
Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.

SEC shuts down MCM Royalty over illegal investment solicitation

Corporate Context.ph Context.ph -
The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.

SM Group to spend $50M exploring new geothermal wells

Corporate Context.ph Context.ph -
The SM Investments Corporation (SMIC) group plans to spend more than US$50 million this year to explore geothermal steam in six new sites, as it expands its renewable energy business.
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Stress, stigma, productivity: Philippines nears tipping point

Economy 0
The International Labour Organization doesn’t usually deal in drama, but its latest findings on the Philippines read like a slow-burning corporate thriller: mounting pressure, suppressed voices, and a productivity plot twist that businesses can’t afford to ignore.

BSP chief faces complaint over alleged bank data leak

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) said Monday it has taken note of reports about a complaint to be filed against BSP Governor Eli Remolona Jr., but noted that he has yet to receive a copy and will respond through the proper legal forum once it is served. The BSP also stressed that central bank and the Anti-Money Laundering Council (AMLC) will continue carrying out their mandates in accordance with the law, guided by independence, professionalism, and due process.

Megaworld builds beach hub in Ilocos Norte

Property 0
Megaworld Corp., the listed property development arm of tycoon Andrew Tan, is expanding its footprint in northern Luzon with plans for a flagship beach club inside its 84-hectare, P15-billion Ilocandia Coastown, signaling a shift from simply selling seaside homes to curating an entire coastal lifestyle.

Union Bank core lending bolsters Q1 profit

Banking & Insurance 0
Union Bank of the Philippines, the country’s 9th largest lender by assets, reported a sharp rebound in earnings for the first quarter,  with net income more than doubling to P3.8 billion as core lending and digital-driven revenues offset market volatility.
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