Context.ph

5884 POSTS

OF personal remittances increase by 3.2% in July to USD3.43 billion

Personal remittances from Filipinos living and working abroad reached USD3.43 billion in July, an increase of 3.2 percent from the USD3.32 billion total in the same month last year.

DA chief outlines strategies to modernize PH agriculture, boost food security 

Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Monday bared the strategy modernizing Philippine agriculture through initiatives aimed at boosting productivity, enhancing food security and improving incomes of farmers and fishermen. 

Manila Water secures MWSS nod for implementation foreign currency differential adjustment

Manila Water Co. Inc., one of two water concessionaires in Metro Manila, said Monday it secured the approval of the Metropolitan Waterworks and Sewerage System for a foreign currency adjustment that will increase water tariff by 2 percent starting 1 October.As a result, Manila Water said, customers of the water concessionaire controlled by billionaire Enrique Razon Jr. will see an increase in their water bills due to a Foreign Currency Differential Adjustment.

Downtrending FDI levels seen reversing over near horizon

The Bangko Sentral ng Pilipinas (BSP projects a reversal in foreign direct investment (FDI) flows that have trended lower in recent months, resulting in...

RCBC launches own payments solution platform

Yuchengco-led Rizal Commercial Banking Corp. has launched RCBC Pay, a payments solution that allows RCBC Mastercard credit cardholders to make secure, contactless payments using their NFC-compatible Android smartphones.

Just in

PhilExport urges MSMEs to turn trade deals into export wins

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

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 

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

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.
spot_img