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Tuesday, 05 August 2025, 5:01 pm

    Energy

    PERC secures P1.8B funding for Aklan wind project expansion

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    Petro Energy Resources Corp. (PERC) subsidiary, Petro Wind Energy Inc. (PWEI) has taken out a P1.8 billion loan from the Development Bank of the Philippines (DBP) for the construction and development of the 13.2 megawatt MW Nabas-2 power project in Aklan.

    Cost savings, price adjustments narrow PXP Energy net loss in 2022

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    Listed oil explorer PXP Energy Corp. said Thursday its net loss narrowed to P36.1 million in 2022 compared to the previous year when it...

    Fuel price adjustments mixed after two weeks of rollbacks

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    Fuel oil retailers have implemented mixed price adjustments after two straight weeks of rollbacks.

    Alternergy unit secures NWRB clearance for Ifugao hydro project

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    Alternergy Holdings Corp. said its subsidiary, Ibulao Mini Hydro Corp. (IMHC) has secured a water permit from the National Water Resources Board (NWRB) for the development of a run-of-river hydroelectric power plant in Ifugao province.

    Committed power up by 33.8 percent in 2022

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    The generating capacity of so-called committed power plants from the private sector increased by 33.8 percent as at end-2022, according to the Department of Energy (DOE). The DOE said...
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Corporate

    Phinma Education eyes expanding Southeast Asia footprint

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    Phinma Education Holdings Inc., the education arm of Phinma Corporation, is ramping up its regional expansion as it sets sights on entering the Vietnamese market by 2027 while accelerating growth efforts in Indonesia and the Philippines.
    Corporate

    Wilcon income slips to ₱1.16B as expansion drives up costs

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    Listed home improvement and construction supply retailer Wilcon Depot Inc. on Tuesday reported a 23 percent drop in net income for the first half this year to ₱1.16 billion from ₱1.51 billion last year.
    Agriculture

    DA pushes tariff hike, RTL amendments to shield farmers and stabilize rice market

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    The Department of Agriculture (DA) on Tuesday said that the proposed increase in rice import tariffs would offer only temporary relief and must be coupled with amendments to the Rice Tariffication Law (RTL) to provide sustainable support for local rice farmers and stabilize prices.
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