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AGI putting up $300 million casino in Boracay

Corporate Context.ph Context.ph -
Businessman Andrew Tan’s Alliance Global Group Inc. is spending USD300 million to put up an integrated resort and casino in Boracay island. 

Telco activates new communications towers in Cebu

Transport & Logistics Context.ph Context.ph -
Globe Telecom Inc. has activated new towers in key areas of Cebu province, bolstering internet connectivity and supporting local economic development. 

Online lender picks Cebuana Lhuillier as partner

Banking & Insurance Context.ph Context.ph -
Fintech company Advance and Cebuana Lhuillier have partnered in a P100 million lending program helping empower businesses and individuals across the country.

Foreign debt rises 10.4% at end-June to US$117.92 billion

Top News Context.ph Context.ph -
The country's foreign debt stood at US$D130.18 billion as of end-June 2024, up by US$D1.49 billion or 1.2 percent from the USD128.69 billion as of end-March 2024.

Gov’t lauded for appointing transformative leaders

Education, Health & Science Context.ph Context.ph -
Leadership in public health, specifically at the Department of Health (DOH) should combine expertise, vision, and compassion, which are essential for driving transformative change. 
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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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