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AirAsia tweaks fuel surcharge-driven ticket price to keep Filipinos flying

Transport & Logistics Context.ph Context.ph -
AirAsia Philippines on Monday bared adopting measures cushioning the effect of ostensibly higher fuel surcharge the airlines are allowed to charge its passengers.  

Aboitiz unit spending P24 billion only for tower acquisition

Transport & Logistics Context.ph Context.ph -
Aboitiz InfraCapital, Inc., the infrastructure arm of the Aboitiz Group, on Monday projected spending P24 billion this year on tower acquisition as well as develop and grow its economic interests. 

PNOC taps Indian firm in hybrid renewable energy program

Energy & Mining Context.ph Context.ph -
State-run firm Philippine National Oil Co. (PNOC) has partnered with Windstream Energy Technologies India Pvt. Ltd. in pursuit of a hybrid renewable energy system involving wind and solar power.

Treasury bill yields continue rise; P15B offer awarded in full

Banking & Insurance Context.ph Context.ph -
Treasury bill rates crawled higher at the auction Monday with still building inflationary pressure affecting market sentiment.

PAL resumes flights to Batanes four times weekly

Transport & Logistics Context.ph Context.ph -
Philippine Airlines (PAL) on Monday bared the resumption of flights between Clark and Basco, Batanes beginning in July this year. "We are delighted to revive...
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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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