Context.ph

5301 POSTS

Marcos Jr. opens upgraded Benoni Port facilities to boost Camiguin links and tourism

President Ferdinand R. Marcos Jr. inaugurated the new Passenger Terminal Building and Lightcraft Landing Station at Camiguin’s Benoni Port on Monday, to deliver safer, more efficient services and drive the province’s economic and tourism growth.

PFDA pours P190M into modern fish ports in Davao del Sur

The Department of Agriculture (DA) and Philippine Fisheries Development Authority (PFDA) are committing nearly P190 million to build and upgrade two municipal fish ports in Davao del Sur, designed to cut post-harvest waste, boost food security, and drive growth in coastal areas.

CAB lowers fuel surcharges; cheaper airfares from July 16–31

Air passengers will get cheaper tickets from July 16 to 31, as the Civil Aeronautics Board (CAB) cuts fuel surcharges amid falling global jet fuel prices. Rates drop to Level 8 from the earlier Level 9, with domestic passenger surcharges at ₱253 to ₱787, and international rates at ₱835.05 to ₱6,208.98. Cargo fees will range from ₱1.30 to ₱3.80 per kg domestically and ₱4.29 to ₱131.92 per kg internationally.

Manulife PH names new executive

Manulife Philippines has appointed Erwin Go as chief corporate solutions and alternative distribution officer, and he will join the company’s executive committee. Go will lead strategy for group insurance, partnerships, and new distribution channels as the firm expands growth options and improves experiences for clients and partners.

P&A Grant Thornton opens new office in Pampanga, expanding to Central Luzon

P&A Grant Thornton has launched its latest office in Clark Freeport Zone, Pampanga, extending its professional services to businesses across Central Luzon and supporting the region’s ongoing economic growth.

Just in

Progella, Pagara outlast Japan duo, enter beach volleyball semis

Beach volleyball has a simple rule: get to 21, win by two, and try not to blink when the scoreboard starts looking like a suspense thriller.

PH net foreign liabilities rise to $65.6 billion

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

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  

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.
spot_img