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AEV declares alleged 60% AirAsia stake “not true and accurate”

Transport & Logistics Context.ph Context.ph -
Aboitiz Equity Ventures Inc. on Monday denied having acquired a majority stake in budget carrier AirAsia Philippines, the country’s third largest airline.  “We would like...

MRT-3 refiles petition for fare rate hike

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) on Monday said the Metro Rail Transit Line 3 (MRT-3) has re-filed its petition for a fare hike before...

Philippine Statistics Authority count calories Filipinos’ (Over?) consume

Top News Context.ph Context.ph -
When you talk about counting calories, it is highly unlikely that you would think of the Philippine Statistics Authority. But the agency does, and on...

Anglo Philippine Holdings keeps P300-million credit line for National Book Store

Corporate Context.ph Context.ph -
Anglo Philippine Holdings Corp., a listed investment holding company, said Monday its board has approved the extension of a P300 million credit line to...

Xurpas founders to convert shareholders advances to equity 

Corporate Context.ph Context.ph -
Xurpas Inc. said Monday its founders, Nico Jose Nolledo and Fernando Jude Garcia, have decided to convert  shareholder advances worth P136 million into equity,...
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DA, SRA race to secure sugar industry input amid Middle East disruption

Agriculture 0
The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.

Gov’t orders cut in airport fees to help lower air travel costs

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to reduce Passenger Service Charges (PSC) and airport navigation fees in airports operated by the agency.

Coffee costs clip Universal Robina profits

Corporate 0
Universal Robina Corp., the listed food unit of the Gokongwei Group, posted modest revenue growth last year but saw profits ease as unusually high coffee input costs squeezed margins, highlighting how volatile commodity prices continue to challenge food manufacturers.

ASEAN ministers urge restraint in Middle East, shield region’s economy

Top News 0
Economic ministers of the Association of Southeast Asian Nations on Friday called for urgent de-escalation of tensions in the Middle East, warning that prolonged conflict could ripple across global energy markets and threaten Southeast Asia’s fragile economic recovery.
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