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Lalamove launches in Riyadh, supporting Saudi Vision 2030 and Filipino communities

Corporate Bulletins Context.ph Context.ph -
Leading on-demand delivery platform Lalamove has officially launched in Riyadh, Saudi Arabia, marking a major step in its Middle East expansion and bringing familiar services closer to Filipinos living and working in the Kingdom.

Marcos weighs transport aid as oil prices climb

Transport & Logistics Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has ordered the Department of Transportation (DOTr) to study possible assistance for the transport sector and carefully review fare hike proposals as rising global oil prices threaten to push up commuting costs and fuel broader inflation.

NFA opens P355.4M post-harvest facility in Iloilo

Agriculture Context.ph Context.ph -
The National Food Authority (NFA) has launched a modern P355.4 million post-harvest facility in Dumangas, Iloilo, to cut grain losses, raise rice buffer stocks, and strengthen national food securit

LRT-2 launches digital fare payment trial 

Transport & Logistics Context.ph Context.ph -
The Bangko Sentral ng Pilipinas, the Department of Transportation, the Light Rail Transit Authority, and RCBC has launched the LRT-2 digital fare payments proof-of-concept at Legarda Station, giving commuters faster and more convenient payment options.

Citicore secures P4.05-B Land Bank loan for solar and battery projects

Corporate Context.ph Context.ph -
Citicore Renewable Energy Corp. has secured a P4.05 billion project financing facility from the Land Bank of the Philippines to push forward two solar power projects with integrated battery storage under its unit Citicore Solar Embedded Inc. The agreement was announced in a joint statement on Wednesday.
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PH net foreign liabilities rise to $65.6 billion

Banking & Insurance 0
The Philippines saw its net financial obligations to foreign lenders and investors expand to $65.6 billion as of end-June 2026, equivalent to 13.4 percent of the country’s Gross Domestic Product (GDP). It is a reflection of what the country owns abroad versus what it owes to foreign entities. Preliminary balance sheet figures show this liability expanded from $55.0 billion, or 11.2 percent of GDP, recorded at the end of March 2026.

PEZA, Aboitiz push EaseBiz to fast-track projects

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) and Aboitiz Economic Estates are expanding an investor-assistance program designed to turn investment commitments into operating projects faster as international interest in the Luzon Economic Corridor grows.

Government ramps up super El Niño safeguards  

Agriculture 0
The government is stepping up preparations for the expected impact of Super El Niño, rolling out measures to protect farms, water supplies, power systems and communities from extreme heat and prolonged drought.

Philippines turns leaner innovation inputs into gains 

Communications & Technology 0
The Philippines is punching above its weight in innovation, delivering relatively strong results despite weaker underlying inputs, according to the 2026 Global Innovation Index (GII).
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