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Meta’s Facebook, Instagram back up after global outage

Communications & Technology Context.ph Context.ph -
Meta-owned Facebook and Instagram were back up on Tuesday after a more than two-hour outage that was caused by a technical issue and impacted hundreds of thousands of users globally.

Cebu Pacific welcomes first of 12 Airbus A320neo aircraft fueled by SAF

Transport & Logistics Context.ph Context.ph -
Cebu Pacific (CEB) on Tuesday boosted its flight operations with the receipt of a second brand-new A330 neo aircraft to its fleet.

Elevated rice, pork price in markets seen easing as harvests peak

Agriculture Context.ph Context.ph -
Rather pricey rice and pork in markets at the moment is seen improving in the immediate term as farmers harvest the grains and as more vaccines against the African swine fever (ASF)  become more available, the Department of Agriculture said on Tuesday. 

Aboitiz Equity net income slipped to P23.5B in 2023

Corporate Context.ph Context.ph -
Aboitiz Equity Ventures Inc., the investment holding arm of the Aboitiz Group, on Tuesday reported consolidated net income of P23.5 billion in 2023, down 2 percent from the previous year on lower contribution on Union Bank of the Philippines.

Lack of one-off gains help push 2023 AEV income 2% lower

Corporate Context.ph Context.ph -
Aboitiz Equity Ventures Inc. on Tuesday reported net income in 2023 falling 2 percent to P23.5 billion from previous year’s P24 billion. The diminution was traced to non-recurring foreign exchange gains reported in 2022. 
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FreyFil chief urges young builders to embrace technology, networks

Communications & Technology 0
Next-generation entrepreneurs in the Philippine construction industry must pair technological innovation with specialized expertise and strong professional relationships to compete for projects and sustain growth, FreyFil Corp. chairman and president Francis Frederic Cruz said.

Ayala’s P15-B mall reinvestment lifts rents, hotel rates

Property 0
Ayala Land Inc.’s P15-billion investment in mall upgrades, alongside a broader push to refresh its hospitality portfolio, is beginning to deliver stronger returns as the property developer adapts to changing consumer behavior in the post-pandemic market.

DOTr targets NSCR partial operations starting 2027; full north-south line by 2033

Transport & Logistics 0
The Department of Transportation (DOTr) will open sections of the North–South Commuter Railway (NSCR) in stages, with the first 27 kilometers and seven stations set to begin operations by the end of 2027. This initial phase runs from Malolos to Malanday in Valenzuela City.

SEC flags Maharlika Play as unregistered platform

Corporate 0
The Securities and Exchange Commission (SEC) has issued a public advisory against Maharlika Play, an unregistered platform soliciting investments through social media.
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