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Repower Energy secures DOE permit to build 320MW seawater pump storage plant

Energy & Mining Context.ph Context.ph -
Repower Energy secures DOE permit to build 320MW seawater pump storage plant

Atlas Mining 1Q net profits more than double to P563 million on higher mine output, gold price

Corporate Context.ph Context.ph -
Atlas Mining 1Q net profits more than double to P563 million on higher mine output, gold priceCorporateAtlas Consolidated Mining and Development Corp. said Monday first-quarter net profit more than doubled to P563 million from P264 million in the year-earlier period, helped by increased mine output and higher price of gold.

NFA procuring palay at higher prices to boost farmer income and secure supply

Agriculture Context.ph Context.ph -
The National Food Authority started procuring palay at higher prices on Monday, seeking more supply to boost buffer stocks.

Filinvest Land to launch P25 billion residential projects to sustain growth

Corporate Context.ph Context.ph -
Filinvest Land Inc., the listed property development arm of the Gotianun Group, plans to launch P25 billion worth of residential projects this year, mostly residential buildings and landed housing, to sustain double-digit growth seen last year.

Food security groups tell DA the ban on fish imports benefits local producers

Agriculture Context.ph Context.ph -
Food security advocates on Sunday said the Department of Agriculture (DA) decision suspending the importation of particular fish species as galunggong, bonito and mackerel has proven a boon for local producers.
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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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