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MPIC eyes bigger stake in Metro Pacific Health, citing long-term growth plans

Corporate Context.ph Context.ph -
Metro Pacific Investments Corp. (MPIC) confirmed its continued interest in acquiring a larger stake in Metro Pacific Health Corp. (MPH), the country’s largest private hospital network, as part of its broader strategy to expand and digitize healthcare services in the Philippines.

DOTr defers vehicle purchase, redirects P50M for unit facilities

Transport & Logistics Context.ph Context.ph -
Acting Transportation Secretary Giovanni Lopez has ordered the deferment of a ₱50 million vehicle procurement plan for the Department of Transportation (DOTr) Central Office, reallocating the funds instead to enhance facilities at the Land Transportation Office (LTO) and Land Transportation Franchising and Regulatory Board (LTFRB).

Meralco targets 1,500-KM underground cabling by 2030

Energy & Mining Context.ph Context.ph -
The Manila Electric Co. (Meralco) is targeting the installation of an additional 1,500 circuit kilometers of underground power lines by 2030, expanding from the current 567 circuit kilometers.

EV growth hindered by charging gaps – ING

Energy & Mining Context.ph Context.ph -
Despite rising electric and hybrid vehicle sales in the Philippines, infrastructure gaps—particularly the lack of charging stations—remain a major hurdle to widespread EV adoption, according to ING Bank.

Mixed fuel prices seen this week

Energy & Mining Context.ph Context.ph -
Consumers can expect mixed fuel price adjustments this week as oil companies and the Department of Energy (DOE) offer differing forecasts based on recent global trading trends.
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DOE, French firm push hydrogen power in PH

Energy & Mining 0
The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.

House Impeaches VP Duterte anew

Context Dispatch 0
Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.

ACEN Australia unit reaches financial close for solar project

Energy & Mining 0
ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.

 Seven nations join Luzon Corridor Infrastructure push

Trade & Investments 0
The Luzon Economic Corridor (LEC), the Philippines’ flagship trilateral infrastructure initiative with the US and Japan, is gaining momentum with seven new international partners, signaling growing global confidence in the country’s role as an Indo-Pacific investment hub.
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