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BSP projects higher August inflation; forecast range 4.8%-5.6%

Top News Context.ph Context.ph -
The Bangko Sentral ng Pilipinas on Thursday projected higher inflation in August, noting increases in the price of rice and other agricultural products as well as fuel, higher transport cost, and the weaker peso during the month.

ACEN plans to raise P25 billion preferred shares offer

Corporate Context.ph Context.ph -
ACEN Corp. said Tuesday its board approved a plan to raise as much as P25 billion from the sale of preferred shares.

Bautista completing new set of rail projects for possible JICA support

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) on Tuesday bared discussions with the  government of Japan for new railway infrastructure projects.

Jesuits helping DENR craft climate information system

Agriculture Context.ph Context.ph -
The Department of Environment and Natural Resources (DENR), with the help of Jesuit-run Manila Observatory (MO), are crafting a climate change information system to help government manage risks linked to changing and variable climate.
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Torre Lorenzo tags itself a boutique developer

Property Context.ph Context.ph -
Torre Lorenzo Development Corp., a builder of condominium projects proximate schools and busy establishments, wants to be known as a boutique developer that is everywhere. 
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Petro Energy gets PCC nod to acquire Aklan wind project

Energy & Mining 0
Petro Energy Resources Corp. (PERC), led by the Yuchengco group, has secured clearance from the Philippine Competition Commission (PCC) to take full ownership of the Nabas wind power project in Aklan.

DA restricts frozen fish imports to closed season to protect local market and safeguard prices 

Agriculture 0
The Department of Agriculture (DA) has clarified that a plan to allow up to 250,000 metric tons of imported frozen fish will only take effect during the country’s closed fishing season, which typically runs from November to January depending on the region. Agriculture Secretary Francisco Tiu Laurel Jr. emphasized that this condition is vital to prevent imported stock from driving down prices for local fishers while ensuring market stability during off-peak harvesting periods and potential supply shocks from El Niño.

US unveils $2.5B ASEAN investment amid security push 

Trade & Investments 0
The US is tying regional security to economic resilience in Southeast Asia, using the ASEAN Post-Ministerial Conference in Manila to reaffirm its Indo-Pacific commitment while linking Middle East stability to the protection of global trade routes.

Oman forum targets new trade, investment ties

Communications & Technology 0
The Philippines and Oman are looking to transform decades of labor cooperation into a broader economic partnership as both countries pursue stronger trade, investment and business links.

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