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Meralco net-metering volume seen exceeding 20 GWh this year

Energy & Mining Context.ph Context.ph -
The Manila Electric Co. (Meralco) projects the volume of electricity exported by customers under the net metering system to exceed last year's 20.3 gigawatt hour (GWh) haul.

Fuel subsidy disbursement begins Wednesday

Transport & Logistics Context.ph Context.ph -
The Land Transportation Franchising and Regulatory Board (LTFRB) said it will start distributing fuel subsidies to operators of public transports beginning Wednesday,1 3 September to help cushion the impact of high oil prices on the sector.

Filipino fintech powers the non-profit units of prominent business families

Communications & Technology Context.ph Context.ph -
NextPay, a Filipino fintech startup, is powering the non-profit operations of the Sy, Ayala, and Gokongwei families and streamlines their outreach, fee collection and fund raising processes. 

SEC orders Holcim parent company to conduct 2nd tender offer

Corporate Context.ph Context.ph -
Holcim Philippines Inc. said Tuesday that its parent company, Holderfin B.V., has been directed by the Securities and Exchange Commission to hold a second...

Livestock, poultry output up in 2Q; crop, fish production decline

Agriculture Context.ph Context.ph -
The decline in the volume of crops and fish produced in the second quarter was tempered by higher output of the livestock and poultry...
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GCash parent Mynt sets IPO price at P6.60/share; could raise up to P60.9B

Corporate 0
Mynt Inc., the parent firm of leading digital wallet GCash, has fixed its final offer price for the initial public offering (IPO) at P6.60 per common share.

Cesar Virata leaves a legacy of service 

Obituary 0
Former Prime Minister and Finance Minister Cesar E.A. Virata, a towering figure in Philippine economic life whose career spanned government, academe and business, died Friday of natural causes at 95, his family announced.

PLDT secures full ownership of Radius Telecoms

Corporate 0
PLDT Inc. on Friday announced completing the purchase of the remaining 65.1 percent stake in Radius Telecoms Inc. and taking full control of the connectivity provider. With the deal finalized, PLDT now holds 100 percent of all issued and outstanding shares of Radius.

ICTSI’s Rijeka terminal reaches 4M TEU milestone

Transport & Logistics 0
International Container Terminal Services Inc. (ICTSI) has handled four million twenty-foot equivalent units (TEUs) at its Adriatic Gate Container Terminal (AGCT) in Croatia since taking over operations in 2011, underscoring the Port of Rijeka’s growing role as a gateway to Central and Southeast Europe.
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