Context Dispatch

REELECTED Leyte Rep. Ferdinand Martin G. Romualdez on Monday filed a bill seeking the creation of the Eastern Visayas Development Authority (EVDA) aimed at fast-tracking the recovery and long-term growth of Region VIII through integrated planning, stronger governance and public-private investments.

The Department of Labor and Employment (DOLE) announced Monday that the Regional Tripartite Wages and Productivity Board of the National Capital Region has approved a P50 increase in the daily minimum wage for workers in Metro Manila.

Makati Mayor Abby Binay today said the city’s current standing as a financially stable, transparent, and fiscally responsible local government providing exemplary services to its citizens needs to be sustained.

DoubleDragon Corp. founders Tony Tan Caktiong and Edgar “Injap” Sia II led Hotel101 Global executives in ringing the Nasdaq opening bell in New York, marking a major step toward the Filipino company’s anticipated public listing. This follows the U.S. SEC’s June 2 approval of the registration statement for Hotel101 Global’s planned merger with Nasdaq-listed JVSPAC Acquisition Corp., a Hong Kong-based SPAC formed in 2021. The move signals the global ambitions of the Hotel101 brand, known for its standardized hotel concept. “This moment is for every Filipino who dares to dream big,” said Hotel101 Global CEO Hannah Yulo-Luccini at the ceremony.

Finance Secretary Ralph G. Recto has approved the donation of 1,251.68 liters of confiscated gasoline to the Philippine Coast Guard (PCG), reinforcing efforts to secure the country’s maritime borders and combat fuel smuggling.