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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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Nine power gencos vie to supply Meralco 600 MW

Energy & Mining 0
At least nine power generation firms have signalled their interest in joining the competitive selection process to supply 600 megawatts of baseload power to the Manila Electric Company.

DOE sets December date for offshore wind auction; fuel supply levels updated

Energy & Mining 0
The Department of Energy announced Tuesday that the suspension of the fifth Green Energy Auction Program will end in September, with the actual bidding for up to 3,300 megawatts of offshore wind capacity targeted for December 1, 2026.

DOE: Inter-agency talks key to system loss charge removal 

Energy & Mining 0
The Department of Energy (DOE) says it will hold a series of meetings with other government bodies to carry out President Marcos’ order to scrap systems loss charges and their corresponding value added tax, a move meant to bring down electricity costs for all consumers.

GSIS eyes zero-interest HMO financing for gov’t workers, launches G-HEALTH program 

Banking & Insurance 0
The Government Service Insurance System (GSIS) has formally launched its G-HEALTH initiative, signing its first agreement with Maxicare Healthcare Corporation to support President Ferdinand R. Marcos Jr.’s goal of improving healthcare benefits for state employees.

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