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50 firms eye PH fare system project

Transport & Logistics Context.ph Context.ph -
More than 50 local and international companies have shown interest in the Philippine Automated Fare Collection System (PAFCS), boosting confidence in the government’s transport modernization program.

McDonald’s Opens 56th Bahay Bulilit Center Manila

Social Responsibility & Sustainability Context.ph Context.ph -
McDonald’s Philippines, in partnership with Ronald McDonald House Charities (RMHC) Philippines, has expanded its community impact in Manila with the opening of the 56th Ronald McDonald Bahay Bulilit Learning Center.

Short-term T-bills favored amid inflationary pressures

Banking & Insurance Context.ph Context.ph -
Investors flocked to shorter-dated government securities on Monday as rising yields and weak appetite for longer tenors reflected expectations of further monetary tightening amid surging inflation and persistent geopolitical uncertainty.

Converge boosts support for PH BPO industry

Communications & Technology Context.ph Context.ph -
Converge ICT Solutions Inc. is strengthening its support for the Philippine business process outsourcing (BPO) sector, saying strong digital infrastructure is key to keeping the country globally competitive.

RLC 1Q income up 9%

Property Context.ph Context.ph -
Robinsons Land Corporation (RLC) reported a 9-percent increase in net income for the first quarter, reaching P4.4 billion from P4.01 billion last year.
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DOE, French firm push hydrogen power in PH

Energy & Mining 0
The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.

House impeaches VP Duterte anew

Context Dispatch 0
Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.

ACEN Australia unit reaches financial close for solar project

Energy & Mining 0
ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.

 Seven nations join Luzon Corridor Infrastructure push

Trade & Investments 0
The Luzon Economic Corridor (LEC), the Philippines’ flagship trilateral infrastructure initiative with the US and Japan, is gaining momentum with seven new international partners, signaling growing global confidence in the country’s role as an Indo-Pacific investment hub.
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