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Malacañang to make permanent  joint memo facilitating quick telco tower construction

Transport & Logistics Context.ph Context.ph -
The Private Sector Advisory Council (PSAC) has convinced Malacañang to make permanent a soon-to-expire joint agreement making it easier for the telecommunications companies to build telco towers helping speed up the country’s drive towards the digitalization of transactions.

Philippine Business Bank Completes P1.25B Private Placement, Gears Up For P500M Rights Offer

Banking & Insurance Context.ph Context.ph -
Philippine Business Bank said on Friday that the subscription to 125 million shares that were privately placed last year with the bank’s principal shareholders have been completed, setting up the second part of a plan to raise its authorized capital by P1.75 billion and increase lending activity.

SMC unit to provide 350,000 Bulacan households affordable drinking water by Q1 2025 

Corporate Context.ph Context.ph -
San Miguel Corporation (SMC), through its Luzon Clean Water Development Corp. (LCWDC), will make available affordable water from the Angat reservoir to more than...

Global trade growth seen decelerating further this year

Top News Context.ph Context.ph -
Governments in emerging-market and developing economies (EMDEs) need to forge stronger cooperation to increase cross-border trade as global trade growth is seen to decelerate...

Manuel M. Lopez Passes Away

Corporate Context.ph Context.ph -
Manuel M. Lopez, a former Philippine envoy to Japan and former chairman of Manila Electric Co., passed away on Thursday. He was 80.
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Berde lands major solar, battery supply partnership deal

Energy & Mining 0
Berde Renewables has secured a major clean energy supply agreement that will strengthen its renewable energy pipeline in the Philippines and Thailand, signing a three-year partnership for 200 megawatts (MW) of solar inverters and 500 megawatt-hours (MWh) of battery energy storage systems.

BIR clears confusion over revised withholding tax rules

Corporate 0
The Bureau of Internal Revenue (BIR) has issued fresh guidance to help businesses correctly apply revised creditable withholding tax (CWT) rules, ending months of uncertainty for thousands of large companies covered by the new regulations.

Modernized Lucena Port Terminal to open next month, boosting Southern Luzon travel and economy

Transport & Logistics 0
The Department of Transportation announced this week that the newly upgraded passenger terminal building at the Port of Lucena will expand capacity and support tourism, business, and maritime travel across Southern Luzon.

DICT seeks P2.7B 2027 budget to expand eGov programs and super app

Communications & Technology 0
The Department of Information and Communications Technology (DICT) is asking for an estimated P2.7 billion budget for next year to sustain and further develop the government’s e-Government initiatives, including upgrades to cloud infrastructure, stronger cybersecurity, better system integration, and continued work on the eGov Super App.
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