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Leviste firm Provincia making big bets in Batangas

Energy & Mining Context.ph Context.ph -
Provincia Investments Corp., a company owned by Solar Philippines founder Leandro Leviste, is investing P15 billion in Batangas and other provinces.

Phoenix selling non-core assets to streamline operations 

Corporate Context.ph Context.ph -
Phoenix Petroleum Philippines Inc. on Tuesday said its plan to sell non-performing and non-core assets is meant to streamline operations and not a prelude to a divestment by its major shareholder, Davao-based businessman Dennis Uy.

Globe prepares network for potential impact of ‘Gener’

Transport & Logistics Context.ph Context.ph -
Globe has begun preparations for the potential impact of Tropical Depression Gener, which is expected to enhance the southwest monsoon, bringing moderate to intense rains across Luzon this week.

Analysts see stronger second half for SM

Corporate Context.ph Context.ph -
SM Investments Corp. is seen to benefit from a stronger second half, a traditionally better season for the retail business.

Financial security at retirement top of mind among Filipinos

Banking & Insurance Context.ph Context.ph -
The 2024 Manulife Asia Care Survey found that establishing passive income, securing emergency savings and financial security at retirement were the topmost financial goals among Filipinos. 
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PhilExport urges MSMEs to turn trade deals into export wins

Trade & Investments 0
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.

DA asks Senate to back P198.4-B 2027 budget to protect farmers, secure food

Agriculture 0
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.

DOE stands firm on new coal bidding rules to bolster national energy strategy 

Energy & Mining 0
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.

Vingroup plans $500M EV plant in Philippines, EVIS role unclear

Mobility 0
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.
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