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Profriends, ABC push ahead Westwind expansion

Property Context.ph Context.ph -
Property Company of Friends, Inc. (Profriends) has renewed its partnership with Archipelago Builders Corporation(ABC) to continue the development of Westwind, a residential project inside Lancaster New City. The agreement covers the construction of Westwind’s second building.

PH eyes nuclear power amid rising energy crisis

Energy & Mining Context.ph Context.ph -
The Philippines is once again facing growing energy security concerns as global oil market disruptions, driven by tensions between the United States and Iran, push fuel prices and inflation higher. The situation mirrors the 1973 and 1979 oil crises, which exposed the country’s heavy dependence on imported fuel and caused widespread economic hardship.

TP bets on AI, regions for growth 

Communications & Technology Context.ph Context.ph -
TP in the Philippines is accelerating investments in artificial intelligence-driven capabilities, regional expansion, and workforce transformation as it positions itself for the next phase of growth amid rising demand for higher-value and technology-enabled services in the country’s IT-BPM sector.

PITX fee suspension to save PUV operators over P5 million

Transport & Logistics Context.ph Context.ph -
Public utility vehicle (PUV) operators using the Parañaque Integrated Terminal Exchange (PITX) are expected to save more than P5 million after President Ferdinand Marcos Jr. ordered the suspension of terminal fees for three months starting May 18, 2026.

GMA profit drops 87% as election ads fade

Corporate Context.ph Context.ph -
Broadcast giant GMA Network reported an 87 percent drop in first-quarter 2026 profit after missing the boost from election-related advertising seen last year.
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Just in

Mixed fuel price adjustments for second straight week: lower diesel, higher gasoline and kerosene 

Energy & Mining 0
For the second week in a row, Filipinos will see mixed changes in fuel prices starting Tuesday. The Department of Energy confirmed Monday that gasoline will go up by P1.56 per liter and kerosene by P1.77 per liter, while diesel will drop by a bigger P3.01 per liter. As of Tuesday morning, only Seaoil has officially announced these new rates, matching the adjustments noted by the DOE. Last week, gasoline rose P1.93 per liter, kerosene P3.30 per liter, and diesel dipped P1.30 per liter.

DICT chief Aguda vows smooth transition amid resignation, continuity of digital programs ensured

Communications & Technology 0
Department of Information and Communications Technology (DICT) Secretary Henry Aguda has committed to a seamless handover following his resignation, assuring the public that key digital programs and department operations will continue without disruption.

ERC approves Negros Power’s P3.73B investment plan to boost power services

Energy & Mining 0
The Energy Regulatory Commission (ERC) has given the green light to Negros Electric and Power Corp.’s (NEPC) P3.73 billion capital expenditure program from 2024 to 2026, paving the way for major upgrades across its service areas in Central Negros.

Philippines targets $57 million agri-investments at Rome forum

Agriculture 0
The Philippines is pitching for more than $57.4 million in new investments across five key farm and food sectors at this week’s Hand-in-Hand Initiative Investment Forum in Rome, according to the Food and Agriculture Organization (FAO). The push builds on the country’s first national investment forum held in March, and marks a major shift toward drawing in private and international financing instead of relying only on traditional aid.
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