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First Gen buys into Prime Infrastructure hydropower projects in P75B deal

Corporate Context.ph Context.ph -
First Gen Corp., controlled by the Lopez family, is acquiring a 40 percent equity stake in pumped storage hydropower portfolio Prime Infrastructure Capital Inc., part of billionaire Enrique Razon Jr.’s infrastructure venture, for P75 billion. 

Semirara contract to go under the hammer as DOJ rejects renewal

Corporate Context.ph Context.ph -
The Department of Energy (DOE) is starting preparations this year for the public bidding of the coal mining rights on Semirara Island, as the contract held by Semirara Mining and Power Corp. (SMPC) expires in July next year.

DA, Australia step up talks on banana exports

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA), is continuing coordination with Australian authorities to open the Australian market for Philippine Cavendish banana exports.

Jollibee ends 2025 with strong sales, charts 2026 expansion

Corporate Context.ph Context.ph -
Jollibee Foods Corp. capped 2025 with record preliminary systemwide sales and its most aggressive store expansion yet, reinforcing its vision to evolve from a Philippine fast food leader into a global multi-brand powerhouse.

SSS reserve fund surpasses P1T

Banking & Insurance Context.ph Context.ph -
The war chest Social Security System, the Philippine state-run pension fund for private sector workers, has crossed a historic line. SSS posted reserve fund in excess P1 trillion for the first time in its history.
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Paraguay pushes trade, investment, ties with Philippines

Trade & Investments 0
Paraguay is seeking to strengthen trade, investment, and diplomatic ties with the Philippines and the broader Southeast Asian region, President Santiago Peña said Monday during the signing of key bilateral agreements.

Travel groups urge clearer BIR tax rules

Travel & Tourism 0
Leading Philippine travel associations are pressing the government to clarify tax rules for agency transactions, warning that inconsistent interpretations by Revenue District Offices (RDOs) are driving up compliance costs and sparking audit disputes.

Yindjibarndi Energy renewable venture starts construction

Energy & Mining 0
Yindjibarndi Energy Corp., a partnership between the Yindjibarndi Aboriginal Corp. and Philippine-listed renewable energy firm ACEN Corp., will begin construction of the Jinbi Solar Project in Western Australia’s Pilbara region after reaching Financial Close and securing a 30-year power purchase agreement with Rio Tinto.

Finance, real estate drive PH FDI growth

Economy 0
Foreign direct investments (FDIs) flowing into the Philippines reached a net inflow of US$590 million in February 2026, bringing the total for the first two months of the year to US$1 billion, according to the Bangko Sentral ng Pilipinas (BSP).
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