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RCBC joins BSP-backed Direct Debit PH payment system

Banking & Insurance Context.ph Context.ph -
Rizal Commercial Banking Corp. (RCBC) is among the first banks to join Direct Debit PH, a new automated recurring payment facility championed by the Bangko Sentral ng Pilipinas (BSP) to modernize the country’s payments system and accelerate the shift toward a cash-lite economy.

DA moves  to cut Benguet veggie losses amid rains

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) and its Cordillera (DA-CAR) office are stepping in to protect harvests and reduce farmer losses as persistent rains damage crops and disrupt Benguet vegetable trading.

Goldilocks switches on 1,010 kW rooftop solar in Cebu, Pangasinan to cut emissions, power costs

Energy & Mining Context.ph Context.ph -
Goldilocks Bakeshop Inc. has inaugurated rooftop solar power facilities in Cebu and Pangasinan, marking a major step in its push for greater energy efficiency and reduced environmental impact.

HSBC urges Philippines to turn investor interest into projects

Banking & Insurance Context.ph Context.ph -
The Philippines must move faster to convert investor interest into actual projects as global capital grows more selective amid geopolitical tensions and market volatility, HSBC Philippines said.

RLC to more than double logistics footprint by 2030 

Property Context.ph Context.ph -
Robinsons Land Corp. (RLC) is positioning logistics as its next major growth engine, planning to more than double its industrial and warehouse footprint by 2030 as it seeks to deepen recurring income.
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Monsoon rains dampen 7-Eleven sales; company eyes long-term growth amid challenges 

Corporate 0
Philippine Seven Corp. (PSC), the operator of 7-Eleven convenience stores in the country, has reported a significant dip in sales, by as much as 20 percent, attributed to the incessant monsoon rains experienced over the past two weeks. Despite a strong performance up until July, bolstered by its annual "7-11 day" promotion, the company acknowledges the sensitivity of its sales to adverse weather conditions.

Habagat, TCs Luis & Maymay damage to agriculture sector reaches P1.42B

Agriculture 0
The Department of Agriculture (DA) reported a P1.42 billion damage to the agriculture sector due to the enhanced southwest monsoon (Habagat) and Tropical Cyclones Luis and Maymay, as of August 17. This figure rose from P1.03 billion earlier that day.

BPI eliminates corporate PESONet fees via BizLink to drive business efficiency

Banking & Insurance 0
To boost business operations and lower digital transaction hurdles across the country, the Bank of the Philippine Islands (BPI) has waived all PESONet transfer fees for payments processed through the Pay Non-BPI disbursement feature on its corporate platform, BPI BizLink.

TD SYNNEX expands IBM distribution footprint across Asia Pacific, Europe and Latin America

Communications & Technology 0
Tech Data, a TD SYNNEX company and leading global IT solutions distributor, has announced the expansion of its IBM distribution network. The initiative covers 20 new markets across Asia Pacific, Europe, and Latin America. In the Asia Pacific region, the expansion adds six new markets – Hong Kong, Macau, Malaysia (operating under the Tech Data brand there), Indonesia, Cambodia, and the Philippines. This builds on the company’s existing IBM operations in Australia, India, Singapore, and Vietnam, bringing the total number of APJ markets supported to ten.
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