Context.ph

State weather bureau PAGASA on Wednesday warned that Super Typhoon Inday could still unleash heavy rains, destructive winds, and dangerous sea conditions even if current forecasts show it is unlikely to make landfall. "The track may still shift within the limit of the forecast confidence cone,” said PAGASA, cautioning against complacency as the cyclone approaches extreme Northern Luzon on Friday before tracking toward Taiwan. President Ferdinand Marcos Jr. has ordered local governments to carry out preemptive evacuations to reduce risks to vulnerable communities. Inday was packing sustained winds of 195 kilometers per hour, gusts of up to 240 kph, and moving west northwest at 20 kph. PAGASA also expects the typhoon to raise water levels in Luzon dams by about one meter, although the increase will not be enough to significantly ease the region's water supply constraints.

Smart Communications and partner Nokia have completed the first live demonstration of local breakout roaming technology in Southeast Asia, delivering faster and smoother data use for Filipinos traveling abroad.

Ayala-led AC Logistics is stepping up its bid to build the country's leading integrated logistics platform after A.P. Moller Capital completed its acquisition of a 40 percent stake in the company, bringing fresh capital and global supply chain expertise to support its next growth phase.

The US International Development Finance Corporation (DFC) said the Philippines is well positioned to tap its USD205 billion global investment capacity as the agency ramps up efforts to finance commercially viable private-sector projects supporting the country's infrastructure and industrial ambitions.

While slowing oil and food prices recently cooled headline inflation in the Philippines, persistent domestic threats and rising core inflation are keeping policymakers on high alert, signaling that further interest rate hikes may be necessary to protect long-term economic growth, according to data analysis by the Bank of the Philippine Islands.