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PSE supports Recto as new DOF Secretary

Corporate Context.ph Context.ph -
The Philippine Stock Exchange said it supports the appointment of former Senator Ralph G. Recto secretary of the Department of Finance. 

DOE commits to better bid conditions in succeeding MGSP-CSP exercises

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) on Sunday committed to address bidder issues citing the lack of time for proponents to submit competent bids as micro-grid service providers under the competitive selection process (MGSP-CSP) program.

ERC proposes returning constituent fines, penalties as consumer refunds instead

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) has proposed redirecting its collection of fines and penalties from errant constituents into a refund scheme that benefits electricity consumers instead.

DITO looks to gain market share even as it tempers 2024 capex program

Transport & Logistics Context.ph Context.ph -
DITO Telecommunity Corp., having ramped up an aggressive nationwide network rollout last year, has scaled back its capital expenditures (capex) this year.

Converge toys with co-branding idea allowing DAU to sell mobile broadband with DITO

Transport & Logistics Context.ph Context.ph -
Converge ICT Solutions Inc. has expressed interest in a deeper collaboration with DITO Telecommunity Corp. down the line like venturing into mobile broadband services at some point. 
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Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

Economy 0
The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

Context Dispatch 0
A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

Energy & Mining 0
The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

Energy & Mining 0
The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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