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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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SEC approves San Miguel’s P30 billion preferred share offering

Corporate 0
The Securities and Exchange Commission (SEC) has given the green light to San Miguel Corporation’s follow-on offering of preferred shares, valued at up to P30 billion.

SEC lifts ban on new online lending platforms starting August 1 

Corporate 0
The Securities and Exchange Commission (SEC) will lift the moratorium on new online lending platforms on August 1, 2026, bringing an end to the restriction first imposed on November 5, 2021, after over four years. Alongside this, the SEC is implementing strict new standards safeguarding consumers and curbing unfair lending practices. The guidelines are outlined in Memorandum Circular No. 20, Series of 2026, and apply to all existing, newly registered, and prospective financing and lending companies that use mobile apps, websites, or other digital systems to extend credit to the public.

Pag-IBIG cuts housing loan rates, raises borrowing cap 

Property 0
The government is making homeownership more affordable after the...

DBCC cuts medium-term growth goals, keeps long-term targets

Economy 0
The government has lowered its medium-term economic and fiscal targets, adopting a more cautious outlook as global uncertainty, persistent inflation, and climate risks weigh on the Philippine economy, while reaffirming its commitment to long-term growth and fiscal stability.

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