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Tuesday, 22 April 2025, 10:33 pm

    Top News

    Monetary Board approves $3.21B public sector foreign borrowings in 4Q 2024

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    The Bangko Sentral ng Pilipinas (BSP) has approved USD3.21 billion in medium- to long-term foreign borrowings for the public sector in the fourth quarter of 2024.

    Sweet scams: Kaspersky sounds the alarm on copycat chocolate fraud

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    Dubai’s iconic chocolate is increasingly tantalizing taste buds worldwide, but the soaring demand has also attracted a darker side: cybercriminals.

    DA links hands with retail giants to distribute affordable rice nationwide

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    The Department of Agriculture (DA) has announced a new partnership with the major retail chains to distribute affordable rice nationwide, aimed at stabilizing prices and improving access for Filipino households.

    DigiPlus doubles active users, launches responsible gaming campaign

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    DigiPlus Interactive Corp. has announced a significant milestone in its growth, doubling its active user base in 2024 to 40 million from 20 million in 2023.

    NFA needs additional funding for increased rice buffer stock

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    The National Food Authority (NFA) needs to secure additional funding to cover the increase in the national rice buffer stock mandated under the amended Rice Tariffication Law.
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    Context.ph

    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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    Transport & Communications

    SMC, KORAIL ink O&M deal for MRT-7, marking key milestone in rail project

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    San Miguel Corporation’s infrastructure arm has signed a pivotal operations and maintenance (O&M) services agreement with Korea Railroad Corporation (KORAIL) for the MRT-7 project, reinforcing the transition from construction to full operations and signaling a step forward in Philippine mass transport development.
    Energy

    AboitizPower breaks ground on new battery storage project

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    Nasipit, Agusan del Norte — Aboitiz Power Corp., through its subsidiary Therma Marine Inc. (TMI), has started groundwork for a new 48-megawatt (MW) hybrid battery energy storage system (BESS), signaling a strategic expansion in the company’s energy portfolio aimed at enhancing grid reliability and supporting renewable energy integration.
    Technology

    Boomi CEO Warns of Infrastructure Crisis in New Book

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    As businesses rush to adopt artificial intelligence, a sobering message from Boomi CEO and chairman Steve Lucas cuts through the hype: outdated digital infrastructures are sabotaging AI success. In his new book, Digital Impact: The Human Element of AI-Driven Transformation (Wiley), released Monday, Lucas argues that most organizations are pouring millions into AI while struggling under decades-old systems, fragmented data, and disconnected apps.
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