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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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BSP warns public over scams impersonating its officials and staff

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against fraudsters falsely presenting themselves as BSP officials or employees. Scammers may send letters, emails, or text messages asking people to deposit or transfer money, claiming the payment is needed to release, recover, or restore funds, or even for charitable causes. Some also show fake BSP identification cards complete with names, photos, and forged signatures to appear credible.

JTI Philippines names Alan Jackson as new GM

Corporate Bulletins 0
JTI Philippines has appointed Alan Jackson as general manager, tapping his international leadership experience as the tobacco company seeks to expand its portfolio, strengthen operations and address illicit trade in the local market.

Puerto Princesa eyes tourism, property investments for growth

Education, Health & Science 0
Puerto Princesa City is positioning itself for sustained economic growth through major tourism, hospitality and property developments, as investors explore opportunities in Palawan’s expanding visitor economy.

Manulife expands global real asset investment options

Property 0
Manulife Investments Philippines has broadened its investment offerings beyond real estate investment trusts (REITs), introducing a multi-asset fund that gives Filipino investors exposure to global infrastructure, natural resources and inflation-linked securities.

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