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San Miguel selling P20 billion in fixed-rate bonds

Corporate Context.ph Context.ph -
Conglomerate San Miguel Corp. is selling P20 billion in fixed-rate bonds taken out of the balance of a P50-billion shelf registration lodged with the regulator. 

Profitable gold miner remits P1.1 billion to the BTr

Corporate Context.ph Context.ph -
OceanaGold (Philippines) Inc. (OGPI) has remitted USD20.3 million or P1.1 billion as government share in the profitable operations of the Didipio gold and copper mines in Nueva Vizcaya and Quirino. The remittance was sent Tuesday to the Department of Environment and Natural Resources (DENR).

SEC asks Google, Apple to delete Binance app from its store 

Corporate Context.ph Context.ph -
The Securities and Exchange Commission on Tuesday asked Google and Apple to remove the applications operated by cryptocurrency giant Binance in app marketplaces accessible in the Philippines.

DA pursuing port development programs costing P30 billion

Agriculture Context.ph Context.ph -
The Department of Agriculture has pursued a four-year development plan converting over a dozen ill-equipped seaports across the islands into agri-logistics hubs at the cost of P30.1 billion.

Pilmico China, Vietnam feed mill expansion programs seen completed by H1

Agriculture Context.ph Context.ph -
The Aboitiz-led Pilmico and Gold Coin Group is confident of completing the expansion of its feed mill facilities in China and Vietnam within the first six months this year.
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Just in

Mixed fuel price adjustments for second straight week: lower diesel, higher gasoline and kerosene 

Energy & Mining 0
For the second week in a row, Filipinos will see mixed changes in fuel prices starting Tuesday. The Department of Energy confirmed Monday that gasoline will go up by P1.56 per liter and kerosene by P1.77 per liter, while diesel will drop by a bigger P3.01 per liter. As of Tuesday morning, only Seaoil has officially announced these new rates, matching the adjustments noted by the DOE. Last week, gasoline rose P1.93 per liter, kerosene P3.30 per liter, and diesel dipped P1.30 per liter.

DICT chief Aguda vows smooth transition amid resignation, continuity of digital programs ensured

Communications & Technology 0
Department of Information and Communications Technology (DICT) Secretary Henry Aguda has committed to a seamless handover following his resignation, assuring the public that key digital programs and department operations will continue without disruption.

ERC approves Negros Power’s P3.73B investment plan to boost power services

Energy & Mining 0
The Energy Regulatory Commission (ERC) has given the green light to Negros Electric and Power Corp.’s (NEPC) P3.73 billion capital expenditure program from 2024 to 2026, paving the way for major upgrades across its service areas in Central Negros.

Philippines targets $57 million agri-investments at Rome forum

Agriculture 0
The Philippines is pitching for more than $57.4 million in new investments across five key farm and food sectors at this week’s Hand-in-Hand Initiative Investment Forum in Rome, according to the Food and Agriculture Organization (FAO). The push builds on the country’s first national investment forum held in March, and marks a major shift toward drawing in private and international financing instead of relying only on traditional aid.
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