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DTI courts UAE investors for AI infrastructure

Trade & Investments Context.ph Context.ph -
The Department of Trade and Industry (DTI) and the Board of Investments (BOI) are deepening investment talks with United Arab Emirates firms Masdar and DAMAC Digital as the Philippines positions itself to become a regional hub for artificial intelligence and advanced manufacturing under the US-backed Pax Silica initiative.

Peso slide drives Philippine debt to record in March

Top News Context.ph Context.ph -
The Philippines’ outstanding national government debt ballooned to a record P18.49 trillion as of end-March 2026, as a sharp depreciation of the peso against the US dollar significantly increased the local currency value of the country’s foreign obligations.

OceanaGold rides strong metals prices, boosts returns

Energy & Mining Context.ph Context.ph -
OceanaGold Philippines posted a strong first-quarter performance as elevated gold prices and steady production lifted cash flow and strengthened its capacity to sustain shareholder returns while expanding exploration activities at the Didipio mine.

Philippine automakers plot decade-long shift to EVs

Transport & Logistics Context.ph Context.ph -
The Philippines’ top automotive assemblers are aligning behind a phased, decade-long transition to electric mobility, backing the government’s goal of making electric vehicles account for 50 percent of the country’s vehicle fleet by 2040 under the Comprehensive Roadmap for the Electric Vehicle Industry.

Financial sector shows strength, expands lending in H2 2025

Banking & Insurance Context.ph Context.ph -
The Philippine financial system remained stable in the second half of 2025, continuing to support economic growth, according to the Bangko Sentral ng Pilipinas (BSP).
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DMCI Power’s ₱3-B Palawan coal plant set for November public review

Energy & Mining 0
The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.

Globe tops NTC SMS test; posts strong speed, fewer drop calls 

Communications & Technology 0
Globe led the National Telecommunications Commission’s latest service quality tests, recording the highest SMS success rate at 99.41 percent — the only provider to pass the NTC’s 99 percent standard. Its call drop ratio hit just 0.74 percent, well below the 2 percent limit, while peak download speed reached 381 Mbps.

Cash still accounts for a fourth of PH e-commerce sales 

Banking & Insurance 0
Cash remains a major force in Philippine online shopping, with about 23 percent of all e-commerce transactions still paid through cash on delivery (COD), according to the Xendit Ecommerce Payments Momentum Report 2026. This figure is the highest in Southeast Asia—far above Vietnam’s 16 percent—even as COD shares drop sharply across much of the region.

Metro Manila water supply remains sufficient; NWRB urges simple conservation

Corporate 0
The National Water Resources Board (NWRB) confirmed Metro Manila’s water supply remains enough for now, but called on the public to practice proper usage as the country braces for a strong El Niño event.
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