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DOE seeks greater clarity on invalidated pact with China, Vietnam

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) needs greater clarity on the effects of a Supreme Court decision invalidating as unconstitutional the joint marine seismic undertaking (JMSU) it signed with Vietnam and China as this relates to a particular exploration area in the West Philippine Sea.

Regulators keen on amending CSP rules

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) are keen on adopting amendments to the competitive selection process (CSP) when contracting...

Telco executives grateful for forensic audit outcome of P48B capex overruns

Corporate Context.ph Context.ph -
PLDT Inc. executives on Thursday heaved a collective sigh of relief following the completion of a forensic audit into elevated capital expenditures (capex) for the period 2019 to 2022. 

Megaworld expects P2 billion sales from new Cebu building

Property Context.ph Context.ph -
Megaworld  Corp., the property development arm of businessman Andrew Tan, expects to generate P2 billion in sales from the Positano Mactan building, its sixth...

Ovialand files for a P2.2 billion IPO

Corporate Context.ph Context.ph -
Socialized housing developer Ovialand Inc. is set to go public under a P2.21 billion initial public offering (IPO) at the Philippine Stock Exchange (PSE). Ovialand...
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FAST backs backhaul logistics to curb food prices

Transport & Logistics 0
Farmers and agricultural stakeholders are being urged to consolidate output and adopt backhaul logistics to help stabilize food prices and cut fuel use amid the ongoing energy crisis, according to FAST Logistics Group.

Philexport pushes stronger reforms on MSME Magna Carta

Trade & Investments 0
Business groups are urging lawmakers to strengthen proposed amendments to the Magna Carta for Micro, Small and Medium Enterprises (MSMEs), warning that persistently weak credit access shows decades of policy efforts have fallen short.

Nickel sector seeks incentives, zones for competitiveness

Energy & Mining 0
Industry leaders are pressing the government to roll out stronger fiscal incentives and establish dedicated industrial zones to accelerate the Philippines’ shift into value-added nickel processing and close the gap with regional competitors.

Prolonged Middle East conflict threatens Asia growth outlook

Banking & Insurance 0
The Asian Development Bank (ADB) warned that a prolonged conflict in the Middle East could shave up to 1.3 percentage points off economic growth in developing Asia and the Pacific over 2026–2027, while pushing inflation higher by as much as 3.2 percentage points if energy disruptions persist for more than a year.
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