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DOTr agencies remit P15.29 billion dividends to gov’t

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) announced that its attached agencies have turned over a total of P15.29 billion in dividends to the national treasury, funds that will be used for priority projects aimed at improving the lives of Filipinos.

ICTSI completes Brazil logistics acquisition: posts strong Q1 2026 results

Corporate Context.ph Context.ph -
International Container Terminal Services Inc. (ICTSI) has fully acquired São Paulo-based logistics firm Companhia Regional de Armazéns Gerais e Entreposto Aduaneira (CRAGEA) through its wholly owned unit IRB Holding Ltda., after securing all regulatory approvals.

PCCI backs ERC reforms to boost investment climate

Energy & Mining Context.ph Context.ph -
The Philippine Chamber of Commerce and Industry (PCCI) has thrown its support behind the Energy Regulatory Commission's (ERC) latest reforms, saying the measures could improve the country's investment climate by lowering electricity costs, expanding consumer choice, and speeding up regulatory approvals.

DOF calms LGU fears over property tax reform

Economy Context.ph Context.ph -
The Department of Finance (DOF) has assured local government units (LGUs) that the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically increase property taxes, seeking to dispel concerns that the landmark reform could burden taxpayers and undermine local fiscal autonomy.

PhilWeb pivots to technology with Pragmatic Play partnership 

Sports & Entertainment Context.ph Context.ph -
Listed PhilWeb Corp. is expanding beyond its traditional role as a gaming operator, striking an exclusive partnership with global gaming content provider Pragmatic Play to strengthen its position as a technology partner for the Philippines' regulated online gaming industry.
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Security Bank eliminates fund transfer fees for all customers 

Banking & Insurance 0
Security Bank announced today that it will provide free fund transfers to all of its customers starting July 10, 2026. This move expands a perk that was previously reserved exclusively for the bank's Gold, Wealth, Corporate, and Business Banking clients.

Spot market electricity prices jump more than 22% in June

Top News 0
Electricity prices at the Wholesale Electricity Spot Market (WESM) surged by 22.7 percent in June, driven primarily by a dip in available power supply and frequent grid alerts.

Mini racers fuel Philippines’ MICE tourism strategy

Sports & Entertainment 0
The Philippines is strengthening its push to become a premier destination for Meetings, Incentives, Conferences, and Exhibitions (MICE) tourism, with the successful staging of the Tamiya Mini 4WD Asia Challenge (TMAC) 2026 highlighting the country's ability to host international niche events that generate both tourism and business opportunities.

Government expands skills, wage push to boost quality jobs

Economy 0
The Marcos administration is ramping up workforce development efforts, expanding skills training, job matching, and wage initiatives as it seeks to improve employment quality and prepare Filipino workers for the changing demands of the economy.
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