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DOE reiterates support for sustained decommissioning of coal-fired power plants

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) on Wednesday reiterated its support to replace coal-fired power plants with renewable energy generators and lauded ACEN Corp. for voluntarily retiring its 246-megawatt South Luzon coal-fired power plant.

Japan signs 3 new grant contracts under the GGP scheme

Banking & Insurance Context.ph Context.ph -
Japan Ambassador to the Philippines Koshikawa Kazuhiko signed three grant contracts under Grant Assistance for Grass-Roots Human Security Projects (GGP) at the Japan Information and Culture Center Hall, Embassy of Japan in Pasay City. The total grant amount of USD 237,390 (approximately P13.27 million) will fund the construction of a one-story four-classroom high school building, provision of an ambulance, and provision of a portable chest X-ray machine.

Programs seen reducing road accident deaths by 35%

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) targets to reduce road accident deaths in the Philippines by 35 percent by 2028 through implementation of various programs under the  Philippine Road Safety Action Plan. 

Laurel reworks rice import system with a mandatory bond

Agriculture Context.ph Context.ph -
Agriculture Secretary Francisco Laurel Jr. has overhauled the process by which rice stocks are fortified to ensure uninterrupted supply, saying henceforth rice importers post a mandatory bond equal to 10 percent of any shipment.

DOE all set for greater investor participation in green energy

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) is sanguine that geography and reputation will help drive investments in the energy sector, more so now when the Philippines ranked high in the BloombergNEF Climate 2023 report as among the most attractive emerging markets for investments in the power sector.
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Philex returns to profit as Padcal rebounds, metals stay strong

Energy & Mining 0
Philex Mining Corp. swung back to profitability in the second quarter as its flagship Padcal mine returned to full operating strength after a major rehabilitation, allowing the company to capitalize on still-elevated gold and copper prices.

EU-Philippines partnership boosts trade, investment prospects

Trade & Investments 0
The European Chamber of Commerce of the Philippines (ECCP) expects stronger trade and investment flows after the European Union and the Philippines formally elevated their relationship to an Enhanced Partnership, a move that adds momentum to ongoing negotiations for a bilateral free trade agreement.

AC Mobility builds EV ecosystem beyond selling electric cars

Transport & Logistics 0
AC Mobility is accelerating its electric vehicle ambitions by expanding far beyond car sales, positioning itself as an integrated mobility company that combines charging infrastructure, renewable energy, financing and fleet services to make EV ownership more practical for Filipino consumers.

PHILTOA maps four pillars for Philippine tourism’s future

Travel & Tourism 0
The Philippine Tour Operators Association (PHILTOA) is reshaping its vision for the country's tourism industry around four priorities—sustainability, digitalization, inclusivity and wellness—as shifting traveler expectations redefine what makes destinations competitive.

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