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SEC shuts down UPSYS Daily Trading as Ponzi operator

Markets Context.ph Context.ph -
The Securities and Exchange Commission (SEC) has labeled the UPSYS Daily Trading a pyramid operator and ordered it to stop offering and soliciting alleged...

Unsolicited proposals aggregating P194 billion seek to widen light rail system

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) on Wednesday bared receiving unsolicited proposals to build two railway lines worth an aggregate P194.05 billion.  Transportation Secretary Jaime J....

GCG, ARTA sign joint memorandum circular on harmonized client satisfaction measurement

Markets Context.ph Context.ph -
The Governance Commission for GOCCs (GCG) and the Anti-Red Tape Authority (ARTA) signed a Joint Memorandum Circular (JMC) on 12 April 2023 highlighting the...

Globe Telecoms seeks SIM deadline extension

Communications & Technology Context.ph Context.ph -
Leading digital solutions platform Globe has urged the government to extend the SIM registration process due to the low turnout of people registering their...

Customs files 65 criminal charges in Q1

Corporate Context.ph Context.ph -
The Bureau of Customs increased its anti-smuggling campaign in the first quarter of the year, filing 65 criminal complaints with the Department of Justice. Customs...
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FAO warns global food system at risk from Gulf conflict

Agriculture 0
The United Nations’ Food and Agriculture Organization (FAO) has issued a stark warning about the escalating conflict in the Persian Gulf, highlighting severe disruptions to global energy, fertilizer, and agrifood systems that could undermine food security worldwide.

PEZA implements measures to ease oil shock 

Economy 0
Rising global oil prices, fueled in part by Middle East tensions, are increasingly pressuring export-oriented firms. The Philippine Economic Zone Authority (PEZA) is acting to shield its locators by boosting logistics efficiency within ecozones, Director General Tereso Panga said.

Alternergy switches on Nueva Ecija hydro plant

Energy & Mining 0
Renewable energy firm Alternergy Holdings Corporation has begun commercial operations of its 5-megawatt Dupinga run-of-river hydro power plant in Gabaldon, Nueva Ecija, marking its second facility to go online this year.

Maharlika consortium rolls out P2.1B microgrids nationwide 

Trade & Investments 0
A private consortium is ramping up rural electrification with a P2.1-billion investment to deploy one of the Philippines’ largest portfolios of off-grid microgrids, targeting underserved island communities.
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