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SEC hales into court MFT Group and accounting firm Isla Lipana

Corporate Context.ph Context.ph -
The Securities and Exchange Commission has haled into court the Maria Francesca Tan Group of Companies Inc. and Foundry Ventures I Inc. over alleged illegal investment taking activities.

Authorities plan a separate motorcycle lane along EDSA

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) is exploring the possibility of a dedicated motorcycle lane on EDSA as added measure helping solve the traffic congestion along the busiest and most traveled highway in Metro Manila. 

Expansion program seen driving Eastern Communication revenue 17% higher this year

Transport & Logistics Context.ph Context.ph -
Eastern Communications projects a 17 percent increase in revenue this year on the back of the expansion of its product offerings.

Cebu Pacific takes delivery of its fourth Airbus aircraft

Transport & Logistics Context.ph Context.ph -
Cebu Pacific over the weekend took delivery of its fourth aircraft this year, a brand-new Airbus A320neo that reaffirms its commitment to sustainable aviation and operational efficiency.

Globe pushes for zero-lease adoption by property owners on telco infrastructure

Transport & Logistics Context.ph Context.ph -
Globe Telecom is pushing for the removal of lease fees charged the telecommunications companies by property developers for installing telco infrastructure in their buildings, citing the successful implementation of similar policies across countries in Asia-Pacific such as Australia, Singapore, and Hong Kong.
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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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