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MacroAsia streamlining food group operations

Top News Context.ph Context.ph -
MacroAsia Corp., the aviation-support services business of the Lucio Tan Group, said Friday that MacroAsia Catering Services Inc. has decided to declare property dividends in the form of shares in its two operating units as part of a restructuring move to streamline the operations of the listed company’s food group.

DA, PhilMech provide P96-M postharvest facilities to Quirino farmers

Agriculture Context.ph Context.ph -
The Department of Agriculture and Philippine Center for Postharvest Development and Mechanization has inaugurated a rice processing facility and turned over several machineries worth P96 million expected to boost productivity and income of farmers in Quirino province.

NGCP traces higher transmission charges to ancillary reserve charges

Energy & Mining Context.ph Context.ph -
The National Grid Corporation of the Philippines (NGCP) on Thursday attributed the increase in transmission charges pushing power prices in Metro Manila higher this month to ancillary service (AS) charges at the Reserve Market (AS-RM).

Dimalanta asks Ombudsman to reconsider suspension order

Energy & Mining Context.ph Context.ph -
Energy Regulatory Commission (ERC) chairperson Monalisa Dimalanta has asked the Office of the Ombudsman to reconsider its suspension order.

Colliers expects CREATE MORE bill to make Philippines more business friendly

Markets Context.ph Context.ph -
Investment management and consultancy firm Colliers expects the CREATE MORE bill to improve regulatory stability and transparency by providing clear guidelines on VAT exemptions, zero-rating, and work-from-home arrangements.
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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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