Context.ph

5692 POSTS

Jobless rate down in January but ranks of employed drop to 45.9M

The ranks of the jobless Filipinos shrunk in January compared to the same period last year, with many deciding to take themselves off the labor market.

US House to vote next week on TikTok crackdown bill

The U.S. House of Representatives will fast-track a vote next week on legislation that would give China's ByteDance six months to divest from short video app TikTok or face a U.S. ban after a committee unanimously approved the measure Thursday.

February foreign currency reserves settles at USD102.7B 

The country’s gross international reserves (GIR), based on preliminary data, settled at USD102.7 billion as of end-February 2024 from the end-January 2024 level of USD103.3 billion. 

ADB eyes completing pre-feasibility study for repurposed ports by October

Ten of the country's ports are being repurposed as support assets for offshore wind (OSW) facilities under a plan supported by the Asian Development Bank (ADB).

Gold extends rally to record as Powell hints at rate cut in 2024

Gold prices surged to a record high on Thursday, poised for their seventh consecutive daily rise, led by sluggish U.S. economic data and Federal Reserve Chair Jerome Powell's indications of potential rate cuts in the coming months should inflation alleviate.

Just in

DigiPlus abandons New Zealand license bid

DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

Bicol attracts IT-BPM and manufacturing investors amid regional expansion push

The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.
spot_img