Context.ph

The Department of Agriculture (DA) has lifted the temporary ban on poultry imports from Israel and South Dakota, USA, after both areas successfully contained avian influenza outbreaks.

Security Bank Corp. has launched a fixed-rate peso bond offering with a minimum issue size of P5 billion and an option to increase through oversubscription. The bonds, part of the bank’s P200-billion peso bond and commercial papers program, will have a five-year tenor and offer a fixed annual interest rate of 6 percent. The public offering runs from September 22 to October 17, 2025, with a minimum investment of P500,000 and increments of P100,000.

Grab Philippines has marked the first anniversary of GrabTrike operations in Zamboanga with the local expansion of its flagship livelihood initiative, Grab Asenso: A Digital Diskarte Program. The initiative focuses on equipping traditional transport workers—particularly tricycle drivers—with digital tools and skills to improve their services and boost daily income.

The Manila Electric Company (Meralco) has assured customers that its response teams are ready to address power-related issues as Super Typhoon Nando (international name: Ragasa) brings heavy rains and potential flooding to parts of its franchise area. With tropical cyclone warning signals raised and intensified southwest monsoon rains expected, Meralco said it is closely monitoring the weather to ensure swift action.

SP New Energy Corp. (SPNEC), a publicly listed renewable energy firm, announced that its board of directors has approved a capital restructuring and quasi-reorganization involving its affiliate, Solar Philippines Tarlac Corp. (SPTC), as well as the creation of a security interest over SPTC shares tied to a new loan facility.