Context Dispatch
Leviste to raise over P34b from SPNEC shares
Congressman-elect Leandro Legarda Leviste has entered into agreements to divest most of his shares in SP New Energy Corporation (SPNEC) before assuming office on June 30, 2025.
First 116KM Community Run in the Philippines Logs 3.5 Million Steps
The Move for Play: Infinity 116KM Run, the Philippines’ first open-road ultra-endurance community run, recorded more than 3.5 million steps and over 2,500 kilometers collectively covered by participants. Organized by non-profit organization FundLife, the event took place from June 14 to 15 and brought runners from Clark to Makati in support of safe, inclusive, and accessible play spaces for children in underserved areas.
Trump Announces Iran-Israel Ceasefire Deal
President Donald Trump claimed Monday night (Tuesday in Manila time) on Truth Social that Iran and Israel have agreed to a “complete and total ceasefire,” to be phased in over 24 hours, signaling what he called an “Official END” to the si-called 12-day war.
Smuggled diesel seized in La Union Port raid
The Bureau of Customs (BOC) has seized ₱219.5 million worth of smuggled diesel fuel at the Port of La Union in an operation targeting the illegal paihi fuel transfer scheme.
Court of Appeals orders P28.49B Hacienda Luisita compensation
The Court of Appeals (CA) has ordered the Department of Agrarian Reform (DAR) and the Land Bank of the Philippines to pay Hacienda Luisita Inc. a total of P28.49 billion for the 4,500 hectares of sugarcane land taken by the government and distributed under its agrarian reform program.
