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Harbor Star in deal to help clean-up of MT Princess Empress oil spill

Environment Context.ph Context.ph -
Harbor Star Shipping Services Inc., a marine services company listed on the Philippine Stock Exchange under the trading symbol TUGS, said Thursday it was engaged by the owner of an oil tanker that sank in waters in Oriental Mindoro to help in the clean-up and disposal of oily waste.

ACEN 2022 earnings propped up by one-off gains, plans P70B capex this year

Corporate Context.ph Context.ph -
ACEN Corp. said Thursday that net income last year reached P13.1 billion, more than double the P5.25 billion the listed energy unit of the Ayala Group reported in 2021 because of revaluation gains as well as court-mandated provisions and a project in Vietnam.

AboitizPower plans P190B clean energy portfolio expansion

Energy & Mining Context.ph Context.ph -
Aboitiz Power Corp. plans to spend P190 billion to push its renewable energy capacity to 4,600 megawatts, or half of its total generation portfolio by 2030.

San Miguel Food income rises 12% in 2022

Corporate Context.ph Context.ph -
San Miguel Food and Beverage Inc. on Wednesday reported profits in 2022 growing 12 percent to P34.7 billion from the previous year’s P31.41 billion despite heightened geopolitical tensions, inflationary pressures and supply chain challenges.

Ban on pork imports now includes Singapore

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) has widened its list of temporarily prohibited pork imports to include pork products from Singapore.
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Just in

Cisco and NVIDIA make AI infrastructure practical 

Communications & Technology 0
If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

Opinion 0
Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Transport & Logistics 0
Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.

Shopee expands MSME roadshow to regions

Communications & Technology 0
Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.
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