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SMC original proponent status puts MPIC’s unsolicited bid in doubt

Top News Context.ph Context.ph -
The proposal of Metro Pacific Investments Corp. (MPIC) to take over the operations and maintenance of Metro Rail Transit (MRT) Line 3 may be at peril after the Department of Transportation (DOTr) disclosed that San Miguel Corp. has secured an original proponent status (IOPS) for the rail line. 

Lucio Tan appointed chairman emeritus of PNB

Banking & Insurance Context.ph Context.ph -
Tycoon Lucio Tan has been appointed chairman emeritus of Philippine National Bank (PNB), while his wife, Carmen K. Tan, joins the lender's advisory board.

Loans, liquidity levels moderately grew in July

Banking & Insurance Jun Vallecera Jun Vallecera -
The country's big commercial and universal banks extended loans just shy of P11 trillion in July this year, marginally lower than the previous June when these same loans aggregated P10.985 trillion, according to the Bangko Sentral ng Pilipinas (BSP).

Data center pioneer Eastern Communications partners with Singapore firm

Transport & Logistics Context.ph Context.ph -
Eastern Communications, who pioneered the data center business in the country, has partnered with Singapore-based Digital Edge to provide connectivity solutions to latter's data center clients. 

Economic managers weigh options on imminent lifting of rice price cap

Agriculture Context.ph Context.ph -
Economic Planning Secretary Arsenio Balisacan said the government is looking at other options to shield consumers from exorbitantly priced rice as it prepares to...
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Nueva Ecija farmers test cheaper fertilizer method to cut costs

Agriculture 0
The Department of Agriculture (DA) is testing a new, lower-cost fertilizer approach to help rice farmers cope with rising input prices.

Megaworld expands lead in green office developments

Property 0
Megaworld Corp., the property development arm of tycoon Andrew Tan, has strengthened its position as the country’s leading developer of green office spaces after securing another sustainability certification for its growing portfolio.

Nationwide price freeze on basic goods extended

Economy 0
Manufacturers have agreed to extend the nationwide price freeze on basic necessities and prime commodities (BNPCs) until April 30, following a late Monday meeting with the Department of Trade and Industry (DTI). The move pushes back the original April 15 deadline, providing temporary relief to consumers amid rising costs.

P6.43T green lane projects advance toward implementation  

Trade & Investments 0
Projects endorsed under the government’s Green Lane Initiative are beginning to transition from approvals to execution, signaling early traction in the Philippines’ efforts to accelerate strategic investments across priority sectors.

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