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Megaworld to open its first Palawan hotel in 2028

Corporate Context.ph Context.ph -
Megaworld Corp. on Thursday said it is building its first hotel in Palawan, the 10-storey Savoy Hotel, which will rise in the company’s 462-hectare...

SEC stops Zamboanga firm offering 35 percent investment return in 15 days

Markets Context.ph Context.ph -
The Securities and Exchange Commission has canceled the corporate registration of Silverlion Livestock Trading Corp. for soliciting investments from the public without the required...

RSA-NEA tandem averts heavily indebted Albay Electric Cooperative disconnection from grid

Energy & Mining Context.ph Context.ph -
San Miguel Global Power (SMGP), the power generation arm of diversified conglomerate San Miguel Corporation (SMC), has come to the rescue of debt-saddled Albay...

 Libreng Sakay program to continue with P1.285-B budget

Transport & Logistics Context.ph Context.ph -
Commuters are to continue availing of free rides, including on the EDSA Busway system, as P1.285 billion has been provided the government’s Service Contracting...

Foreign firm to start tests for possible hydrogen power plant in Zamboanga

Energy & Mining Context.ph Context.ph -
A foreign firm is set to conduct technical studies and tests this month for the possible development of a hydrogen power plant in Olutanga...
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First commercial shipment of Philippine fermented cacao beans heads to New Zealand

Agriculture 0
The Philippines has opened a new export market for its local cacao sector, with the first-ever commercial batch of fermented cacao beans sent to New Zealand, the Department of Agriculture (DA) announced Wednesday.

SMIC plans mining exit, Atlas stake transfer

Energy & Mining 0
SM Investments Corp. (SMIC) is preparing to exit the mining business, with plans to transfer its roughly 34-percent stake in listed Atlas Consolidated Mining and Development Corp. to another listed company within the group next year.

DOE finalizing Semirara Coal bidding rules; domestic supply, gov’t share among key changes

Energy & Mining 0
The Department of Energy (DOE) is still completing terms of reference for the new bidding to operate the Semirara coal resource in Antique, coordinating with the finance, economic planning, and environment departments to ensure proper review, Energy Secretary Sharon Garin said late Tuesday.

Monde Nissin core income rises 16% in first half on strong biscuits, new product sales

Corporate 0
Monde Nissin Corp. reported Wednesday that its core income climbed 16 percent to P5.49 billion in the first half of the year, up from P4.73 billion in the same period last year, driven by stronger sales of biscuits and other newer product lines.
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