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DA notes export opportunities for short finned pompano breedeers

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) plans building specialized breeding facilities and equipment helping address the relative lack of supply of the short finned pompano variety in the country.

ICTSI fully divests from Indonesia-listed unit PT ICTSI Jasa Prima

Corporate Context.ph Context.ph -
International Container Terminal Services Inc., the global port operations of tycoon Enrique Razon Jr., said Monday it fully divested from its Indonesia-listed subsidiary PT ICTSI Jasa Prima Tbk for USD2 million.

Recto joins MB as Cabinet representative  

Banking & Insurance Context.ph Context.ph -
President Ferdinand R. Marcos, Jr. has designated Department of Finance (DOF) Secretary Ralph G. Recto as Cabinet representative to the monetary board (MB), the highest policy-making body of the Bangko Sentral ng Pilipinas (BSP).

Meralco unit completes P15.9 billion SPNEC takeover

Energy & Mining Context.ph Context.ph -
MGen Renewable Energy Inc. (MGreen), a unit of the Manila Electric Co., on Monday completed its P15.9 billion investment in SP New Energy Corp. (SPNEC), taking a controlling stake at the solar company.

DA Chief eyes FTI cold storage to address post-harvest losses, oversupply

Agriculture Context.ph Context.ph -
Agriculture Secretary Francisco Tiu Laurel, Jr. plans to build more cold storage facilities at the Food Terminal complex in Taguig City as part of measures addressing overproduction and minimizing post-harvest losses of agricultural products, particularly vegetables and other high-value crops.
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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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