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Monday, 05 May 2025, 11:08 pm

    Transport & Communications

    Clark Airport set for growth with turboprop transfer from NAIA

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    Clark International Airport (CRK), operated by the Luzon International Premiere Airport Development Corp. (LIPAD), is anticipating a significant surge in passenger traffic this year. The expected rise, from 2.4 million passengers in 2024 to a forecast of 3.3 million to 3.4 million, is driven by the transfer of some turboprop operations from Ninoy Aquino International Airport (NAIA).

    Port operations smooth amid strong post-holiday trade flow

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    The Philippine Ports Authority (PPA) on Thursday gave assurance that the country’s major ports all operate efficiently and without congestion following the holiday season and the Chinese New Year rush.

    Customs busts P2.64B shabu shipment at Port of Manila

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    The Bureau of Customs announced Thursday the seizure of approximately P2.64 billion worth of methamphetamine hydrochloride, or shabu, concealed in a shipment at the Port of Manila. The shipment, which was declared to contain Crispo vermicelli and Rafhan custard sauce, arrived from Pakistan and was consigned to Redshinting Consumer Goods Trading.

    Globe thwarts child porn URLs and domains in 2024 

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    Globe reinforces its leadership in the fight against online child pornography as it continues efforts to block harmful content online to make the internet safer, especially for the young. 

    New Cebu Port breaks ground in Consolacion

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    The Department of Transportation (DOTr) and Cebu Port Authority (CPA) have officially broken ground on the New Cebu International Container Port (NCICP), set to begin operations in the second quarter of 2028.
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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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    Banking & Insurance

    ADB urges bold collective action amid uncertainty at Milan meetings

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    The Asian Development Bank (ADB) has called for intensified collective action to confront the region’s mounting challenges, framing today’s uncertainty as an inflection point for building a more resilient and sustainable future. Speaking at the Opening Session of ADB’s 58th Annual Meeting of the Board of Governors in Milan, Italy, ADB President Masato Kanda emphasized the urgency of coordinated responses to external shocks, climate change, and debt burdens.
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    DOE orders immediate clearing of power infrastructure for election readiness

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    The Department of Energy (DOE) has mandated energy sector stakeholders to swiftly remove obstructions from power infrastructure nationwide, especially illegal campaign materials, as part of preparations for the 2025 National and Local Elections.
    Corporate

    SMPC eyes ECC approval for Acacia Mine expansion

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    Semirara Mining and Power Corp. (SMPC) is targeting the second half of 2025 to secure an environmental compliance certificate (ECC) from the Department of Environment and Natural Resources (DENR) for its planned expansion of the Acacia coal mine.
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