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Saturday, 02 August 2025, 7:04 pm

    Tag: DOTr

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    MPIC rules out resubmitting MRT3 proposal due fare hike delays

    Transport & Communications Context.ph Context.ph -
    Metro Pacific Investments Corp. (MPIC) has decided against resubmitting its unsolicited bid to rehabilitate, operate, and maintain the MRT3 system, citing the lack of government support for fare increases. MPIC chairman Manuel V. Pangilinan explained the absence of approved tariffs makes it unlikely for the business to move forward with the proposal, saying the current situation is “difficult.”

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    US jobs growth slows sharply amid tariff uncertainty

    Markets 0
    The US economy added significantly fewer jobs than expected in July, highlighting growing business uncertainty amid President Donald Trump's sweeping review of bilateral trade tariffs—an initiative that has triggered retaliatory measures even from longtime American allies.

    PBB increases 1H net profit on double-digit interest income growth

    Banking & Insurance 0
    Philippine Business Bank, a local savings bank, reported strong performance in the first half of 2025, with interest income and interest margin improving.

    DA eyes distribution of seized mackerel for flood victims

    Agriculture 0
    Agriculture Secretary Francisco P. Tiu Laurel Jr. proposes the distribution of 210 metric tons of smuggled frozen mackerel recently seized at the ports of Manila and Subic once approved by President Ferdinand Marcos Jr.

    GDP likely rose 5.8% in 2Q on stronger consumption — BPI

    Top News 0
    The economy likely expanded 5.8 percent in the second quarter this year, improving from 5.4 percent in 1Q but still lagging the 6.5 percent growth seen in 2Q 2024, according to the Bank of the Philippine Islands (BPI). The uptick, lead BPI economist Jun Neri said, was mainly driven by household consumption, buoyed by election-related outlays, cooling inflation, and sustained consumer lending.

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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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    Banking & Insurance

    Belle Mariano champions BDO Pay as card-linked payment solution for modern lifestyles

    0
    Actress and singer Belle Mariano puts a spotlight on the ease and convenience of BDO Pay, the branded payment app powered by BDO, as she shares how it seamlessly fits into her busy, on-the-go lifestyle—even during downtime with family.
    Markets

    US jobs growth slows sharply amid tariff uncertainty

    0
    The US economy added significantly fewer jobs than expected in July, highlighting growing business uncertainty amid President Donald Trump's sweeping review of bilateral trade tariffs—an initiative that has triggered retaliatory measures even from longtime American allies.
    Banking & Insurance

    PBB increases 1H net profit on double-digit interest income growth

    0
    Philippine Business Bank, a local savings bank, reported strong performance in the first half of 2025, with interest income and interest margin improving.
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