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ePLDT earns 3 Microsoft PH 2022 Partner Awards

Communications & Technology Context.ph Context.ph -
ePLDT Inc. further solidified its cloud competency after receiving three of the seven citations at the recent Microsoft PH 2022 Partner Awards. The citations...

Tricycles, public markets go cashless in Tagbilaran City

Transport & Logistics Context.ph Context.ph -
Tagbilaran City is the latest local government unit (LGU) to promote digital payments in public markets, tricycle hubs, and other establishments pursuing the nationally implemented  “Paleng-QR Ph Plus” program. 

Globe expands 5G coverage in Visayas, Mindanao

Corporate Context.ph Context.ph -
Globe Telecom Inc. said Monday it expanded its 5G coverage in the Visayas and Mindanao, adding 212 and 25 sites, respectively, to provide more consumers and businesses improved connectivity and access to faster data speeds as well as jump start economic activity slowed by the pandemic.

Converge spent P7.2B of P10B  maiden bond offer in 2022

Corporate Context.ph Context.ph -
Converge Information and Communications Technology Solutions Inc. already spent the bulk of the proceeds of its maiden P10 billion bond offer last year, raising...

Robinsons Retail raises stake in BPI to 6.8% for P19.7B

Corporate Context.ph Context.ph -
Robinsons Retail Holdings Inc. raised its stake in Bank of the Philippine Islands to 6.8% by purchasing an additional 4.4% of the lender for...
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Davao durian shipped to Oman in new trial export

Agriculture 0
The Department of Agriculture announced Tuesday that 56 boxes of Davao durian, weighing 1.08 metric tons and worth around P183,000 ($3,000), have been sent to Oman. The shipment from Engseng Food Products of Davao City is bound for Jeel Almaaly International in Al Dakhiliyah Governorate.

Petron net income drops 28% on high oil costs

Corporate 0
Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.

Singapore’s USEL eyes Philippine logistics, data center investments

Transport & Logistics 0
Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in logistics parks and data centers in the Philippines, underscoring growing foreign interest in sectors benefiting from the country's expanding digital economy and infrastructure buildout.

Toyota backs RACE alongside EVIS to spur investments

Transport & Logistics 0
Toyota Motor Philippines (TMP) is optimistic the proposed Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) Program will be rolled out alongside the government's Electric Vehicle Incentive Strategy (EVIS), saying the twin initiatives would strengthen the country's automotive manufacturing base while accelerating the transition to cleaner mobility.
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