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Garin’s crusade to unmask fear mongers in health sector lauded

Education, Health & Science Context.ph Context.ph -
Former Health Secretary and now Congresswoman Janette Garin on Monday cited the need for the Department of Health to have a dedicated team of experts authorized to speak on public health issues, ensuring the information released is based on facts. This is crucial given the prevalence of fake news and misinformation.

Fitch Group unit BMI cites EO 62 adverse impact on global rice price

Top News Context.ph Context.ph -
Think tank and Fitch Group unit BMI said the Manila decision reducing the tariff on imported rice could help push the price of the staple higher in global markets.

ORIX METRO appoints Angelo Z. Padua as president

Banking & Insurance Context.ph Context.ph -
ORIX METRO Leasing and Finance Corporation, one of the country’s top leasing and financial services companies, on Monday announced the appointment of Angelo Z. Padua as president effective 1 July 2024.

MPTC units acquiring a third of JTT for $1B

Transport & Logistics Context.ph Context.ph -
Metro Pacific Tollways Corp. (MPTC) subsidiaries PT Margautama Nusantara (MUN) and PT Metro Pacific Tollways Indonesia Services (MPTIS) in partnership with the sovereign wealth fund GIC are acquiring a 35 percent stake worth USD 1 billion in Jasamarga Transjawa Tol (JTT), a subsidiary of the Indonesian toll road operator PT Jasa Marga (Persero) Tbk (Jasa Marga). 

FATF cites PH progress made under grey list regime

Banking & Insurance Context.ph Context.ph -
The Paris-based Financial Action Task Force (FATF) has acknowledged the progress the Philippines has made in key areas of money laundering and terrorist financing that has fueled optimism for Manila to exit the FATF grey list. 
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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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