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Gov’t sets ₱50/kg cap on imported rice amid rising inflation

Agriculture Context.ph Context.ph -
The government is ready to immediately enforce a ₱50-per-kilo price cap on imported rice to help ease the burden of rising food prices on Filipino consumers, the Department of Agriculture (DA) said.

Converge hits ₱11.2B revenue, surpasses 3M subscribers in 1Q 2026

Corporate Context.ph Context.ph -
Converge ICT Solutions Inc. posted ₱11.2 billion in revenue in the first quarter of 2026 as its subscriber base grew past three million, driven largely by strong demand for prepaid fiber internet.

Xurpas cancels P10-M share subscription deal

Corporate Context.ph Context.ph -
Xurpas Inc. has cancelled a planned issuance of 100 million shares to PPARR Management & Holding Corp., scrapping a capital infusion deal that was originally intended to raise P10 million for general working capital needs.

BMW deploys 125-vehicle for ASEAN 2026 Summit

Corporate Bulletins Context.ph Context.ph -
BMW Philippines completed its role as the official premium mobility partner for the ASEAN 2026 Summit by deploying a 125-vehicle fleet to transport heads of state, diplomats and senior officials during the regional event hosted by the Philippines.

SPAVI profit drops as expansion push continues

Corporate Context.ph Context.ph -
Shakey’s Pizza Asia Ventures Inc. reported slower earnings growth in the first quarter of 2026 as the restaurant group continued expanding despite weak consumer spending and rising operating pressures.
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Just in

$1-B Laguna Lake solar project seen as region’s largest

Energy & Mining 0
Thailand’s Gunkul Engineering has partnered with local developer SunAsia Energy for a $1-billion floating solar project at Laguna Lake, set to deliver 1,000 MW capacity as Southeast Asia’s biggest of its kind.

Remote households to gain reliable power from upcoming microgrid bidding

Energy & Mining 0
The Department of Energy (DOE) is moving forward with plans to bring electricity to more than 100,000 currently unenergized households across the Philippines, through an upcoming competitive bidding process for microgrid services.

DA pushes palm oil expansion to cut imports, boost economy and support cleaner fuels

Agriculture 0
The Department of Agriculture (DA) is leading a major drive to expand the palm oil industry, aiming to cut the country’s heavy reliance on imports and build a local supply base that can also serve as feedstock for cleaner fuels.

NDA, Negros Occidental university team up for 50-ha dairy farm to boost regional industry

Agriculture 0
The National Dairy Authority (NDA) and Central Philippines State University (CPSU) have partnered to develop a 50-hectare dairy stock farm in Barangay Camingawan here, aiming to strengthen production, breeding, research and training across the Negros Island Region.
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