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January Meralco billing seen higher due to increased WESM prices

Energy & Mining Context.ph Context.ph -
The cost of electricity within the Manila Electric Co. (Meralco) franchise area is seen higher in January as a result of higher charges imposed by the Wholesale Electricity Sport Market (WESM).

FSCC acts proactively and prioritizes strengthening the bond market in 2024

Banking & Insurance Context.ph Context.ph -
The Financial Stability Coordination Council (FSCC), whose goal is to arrest risks before they become systemic, has begun fortifying the domestic bond market.

DA pushing for bigger Philippine share of Japan’s food market

Agriculture Context.ph Context.ph -
The Department of Agriculture is looking to get for Filipino farmers and fisherfolk a bigger share of the food market in Japan, which imported USD87 billion worth of agricultural products in 2022, the fifth largest in the world that year.

Toll interoperability of expressways seen in place by mid-year

Transport & Logistics Context.ph Context.ph -
The Toll Regulatory Board (TRB) projects implementing the interoperability of electronic toll collection (ETC) systems in expressways north and south of Manila by either June or July this year. 

Globe claims top DIB ranking as Ph telco

Top News Context.ph Context.ph -
Globe Telecom Inc. on Tuesday claimed top ranking among Philippine telcos in the 2023 Digital Inclusion Benchmark (DIB).
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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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