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AirAsia PH plans deploying in 3Q as much aircraft as had flown pre pandemic

Transport & Logistics Context.ph Context.ph -
AirAsia Philippines on Wednesday announced plans to deploy more aircraft in a "reactivation" program it hopes to complete by the third quarter this year as it flies to more domestic and international destinations. 

Meralco identifies 1,200-MW South Premiere Power CSP offer as “best bid”

Energy & Mining Context.ph Context.ph -
Manila Electric Co. or Meralco, the country’s largest power distributor, said Wednesday the South Premiere Power Corp. offer to provide 1,200 megawatts of power has been selected as the “best bid” among three others under the government-mandated competitive selection process (CSP).

Filinvest Development readies offer of 2.5Y bonds to raise P10 billion

Corporate Context.ph Context.ph -
Filinvest Development Corp., the diversified investment holding company of the Gotianun Group, said Wednesday it has secured regulatory approval for the issuance of peso-denominated, fixed-rate bonds that would initially raise as much as P10 billion to support the company’s various spending and investment requirements.

Crop losses attributed to the shear line exceeds P78 million 

Agriculture Context.ph Context.ph -
Damage to the agriculture sector attributed to a weather phenomenon known as the shear line has reached P78.14 million, according to the Department of Agriculture (DA).

Defiant broadcast network ordered indefinitely suspended

Transport & Logistics Context.ph Context.ph -
The National Telecommunication Commission (NTC) on Tuesday placed Sonshine Media Network International, (SMNI) under an indefinite suspension order for defying an earlier 30-day suspension...
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PAL posts higher profit in 2025 despite industry challenges

Corporate 0
Philippine Airlines (PAL) reported a 6.1 percent increase in net income to US$160.4 million in 2025, despite a difficult year for the global aviation industry.

DA sends trucks to address Benguet vegetable oversupply

Agriculture 0
The Department of Agriculture (DA) has deployed 18 trucks to transport excess vegetables from Benguet to major markets, including Metro Manila, following reports of oversupply affecting local farmers.

Lopez rift deepens over First Gen deal with Prime Infra

Corporate 0
A long-simmering family dispute at Lopez Inc. has erupted into a full-blown governance battle, after shareholders aligned with Eugenio Gabriel “Gabby” Lopez III voted to remove Federico “Piki” Lopez as president and chief executive officer of the privately-held investment holding company, citing a breakdown in trust tied to undisclosed multibillion-peso transactions.

PhilWeb expands into game content distribution

Corporate 0
PhilWeb Corp. announced Tuesday that it is entering the game content distribution and aggregation business after securing business-to-business accreditation from Philippine Amusement and Gaming Corp..

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