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Shipping smarter across islands, storms and surges

Transport & Logistics Context.ph Context.ph -
In an archipelago where a delivery route could involve a truck a ferry and a plane sometimes all before lunch, 2GO Group is betting that complexity could become an advantage rather than a constraint.

Peso stalls, stocks drift amid global uncertainty

Economy Context.ph Context.ph -
The Philippine peso edged weaker last week, pausing after two consecutive weeks of gains as the dollar-peso pair settled into a narrow trading band.

Fuel prices to drop Tuesday, says DOE

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) announced that fuel prices will go down again starting Tuesday, with minimum rollbacks of P3.41 per liter for gasoline, P24.94 for diesel, and P2 for kerosene.

ERC approves higher refund for Meralco customers, may shorten payout period

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.

SRA releases first cash aid to sugar farmers amid rising fuel costs

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).
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Cebu Pacific boosts fleet with new A320neo

Transport & Logistics 0
Cebu Pacific has taken delivery of an additional Airbus A320neo, moving forward with its fleet modernization drive to raise operational efficiency. The aircraft arrived in Manila from Airbus’ production facility in Tianjin, China on September 11. It marks the third of four A320neo units the carrier is set to receive this year.

Cebu Pacific passenger traffic rises as capacity tightens

Corporate 0
Cebu Pacific carried more than 2.1 million passengers in August, up 1.9 percent from a year earlier, as stronger domestic traffic offset a decline in international passengers amid tighter capacity.

Dominion shareholders clear merger for Tampakan control

Corporate 0
Dominion Holdings Inc. (DHI) shareholders approved the company’s merger with Indophil Resources Phils. Inc. and Sonar Holdings Inc., clearing a major corporate hurdle in its bid to gain control of the Tampakan copper-gold project in South Cotabato.

Robust fundamentals fuel optimism for PH finance

Banking & Insurance 0
The Philippine financial system remains solid even amid difficult global conditions, the Financial Stability Coordination Council (FSCC) confirmed during its 46th Executive Committee meeting held at the Bangko Sentral ng Pilipinas (BSP) headquarters in Manila. FSCC Chairman and BSP Governor Eli M. Remolona, Jr. noted that global risks are still high, driven by geopolitical tensions in the Middle East and unstable financial markets, but emphasized the system is well-placed to absorb any shocks.
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