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ERC sets draft price cap on reserve power sold at WESM

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) has issued a draft resolution proposing a price cap as a mitigating measure in the sale of reserve power at the Wholesale Electricity Spot Market (WESM).

Globe Telecom projects positive cash flow in two years

Transport & Logistics Context.ph Context.ph -
Globe Telecom over the weekend projected reverting to positive cash flow by 2025 as it optimizes spending in line with strategic cuts in capital expenditure. 

MVP picks Rubio as MGen president and CEO

Corporate Context.ph Context.ph -
Manila Electric Co. subsidiary, Meralco PowerGen Corp. (MGen) has appointed Emmanuel Rubio as its new president and chief executive officer starting the first day of July.

Pinoy travelers to Japan up 20% in only three months

Transport & Logistics Context.ph Context.ph -
Cebu Pacific (CEB) reported flying nearly 110,000 passengers to Japan in only the first three months this year, exceeding the pre-pandemic level by 20 percent and nearly double the figure from the same period last year.

ADB taps Ayala retail unit in renewable energy contract

Energy & Mining Context.ph Context.ph -
ACEN Corp. subsidiary ACEN Renewable Energy Solutions (RES) supplies the Asian Development Bank (ADB) with electricity from 100 percent renewable sources.
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Gokongwei, Salazar named MAP Management Persons of the Year

Corporate 0
The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

Finance 0
The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

Transport & Logistics 0
FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

Economy 0
President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
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