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Alsons to convert Sarangani diesel plant into solar facility 

Energy & Mining Context.ph Context.ph -
Alsons Consolidated Resources (ACR), through Alsons Power, will transform its 55-megawatt diesel power plant in Alabel, Sarangani into a 98.7-megawatt solar power facility as part of its renewable energy expansion.

Vena Group launched P24B  Ilocos solar projects

Energy & Mining Context.ph Context.ph -
Vena Group has begun construction on two major renewable energy projects in Ilocos Norte, part of its 15-project pipeline, signaling another milestone in the Philippines’ drive to expand clean energy capacity and attract green investments.

MRSGI 1Q profit nearly doubles on strong food retail sales

Corporate Context.ph Context.ph -
Metro Retail Stores Group Inc. (MRSGI), the retail company led by the Gaisano family, reported that its net income nearly doubled in the first quarter of the year to P25.84 million from P13.38 million a year earlier, driven mainly by strong performance in its food retail business.

SteelAsia secures P1.25B loan for green expansion

Environment Context.ph Context.ph -
SteelAsia Manufacturing Corporation has secured a P1.25-billion green loan from Taiwan-based Cathay United Bank, boosting the Philippine steelmaker’s low-carbon expansion plans and reinforcing regional sustainable finance momentum.

Senate starts trial of VP Duterte

Context Dispatch Context.ph Context.ph -
Senators on Monday took their oath as judges to begin the impeachment trial of Vice President Sara Duterte, pledging “to do impartial justice according to the Constitution and laws of the Philippines.” Duterte, impeached last week by the House, faces charges including constitutional violations, graft, unexplained wealth, and allegedly plotting to assassinate President Ferdinand Marcos Jr. A Senate summons requires her to respond within 10 calendar days and later appear for the trial. Conviction will need 16 senators’ votes.
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DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

Agriculture 0
The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

GSIS opens new Dagupan branch

Corporate Bulletins 0
The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.

September WESM prices rise 3.1% nationwide, set to reflect in October bills

Energy & Mining 0
Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.

Rockwell joins expanded 4PH to widen homeownership access

Property 0
Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.
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