Tag: Editors' Picks

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Asia feels the sting of India’s onion export ban

Agriculture Context.ph Context.ph -
India's ban on the export of onions has driven up prices of the vegetable for Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year.

Chinabank expands RippleNet partners with DeeMoney  

Banking & Insurance Context.ph Context.ph -
Chinabank has broadened its global remittance tie-ups to serve Filipinos anywhere in the world using the RippleNet platform.

First Gen secures third LNG tender

Energy & Mining Context.ph Context.ph -
First Gen Corp. has awarded Total Energies Gas and Power Asia Private Ltd. (TEGPA) a contract to supply one liquefied natural gas (LNG) cargo of approximately 154,500 cubic meters for delivery in early February next year.

NTC suspends SMNI broadcast privileges for 30 days

Transport & Logistics Context.ph Context.ph -
The National Telecommunications Commission (NTC) has issued an order suspending the operations of Sonshine Media Network International  (SMNI) for 30 days due to alleged violation of its franchise. 

NLEX taps BPI for P10 billion

Banking & Insurance Context.ph Context.ph -
NLEX Corp. has obtained a P10 billion term loan from the Bank of the Philippine Islands (BPI) to fund ongoing as well as future projects.
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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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