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India imposes 40% export duty on onions to calm rising prices

Agriculture Context.ph Context.ph -
India will impose with immediate effect a 40 percent export duty on onions up to Dec. 31 in an attempt to improve domestic availability of the vegetable, the ministry of finance said in a notification on Saturday.

Shein, Forever 21 owner sign deal as fast-fashion majors look to widen reach

Corporate Context.ph Context.ph -
Shein said on Thursday it has partnered with SPARC Group, a joint venture between Forever 21 owner Authentic Brands and mall operator Simon Property, as the online fashion retailer and its rivals look to expand their market reach.

Bautista urges KEXIM for more transport-related support projects

Transport & Logistics Context.ph Context.ph -
South Korea, the country's fourth largest source of sub-market loans, more known as official development assistance (ODA), has indicated a willingness to fund even...

Fed’s Powell: higher rates may be needed, will move ‘carefully’

Banking & Insurance Context.ph Context.ph -
The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy.

Asia’s worries over currency volatility get in the way of rate cuts

Banking & Insurance Reuters Reuters -
A spurt in the U.S. dollar and China's defense of the yuan are forcing Asian central banks to step up interventions in their weakening...
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Fortinet boosts AI security solution with NVIDIA technology

Communications & Technology 0
Fortinet, a global leader in cybersecurity, has announced it is accelerating its FortiAIGate solution using NVIDIA’s AI platforms and software. The partnership creates a combined security system designed to protect AI workloads, data, and autonomous agents in real time across data centers and cloud environments. It lets organizations safely build, run, and scale AI tools while keeping performance high and meeting governance rules.

INC rallies behind Senator Marcoleta amid plunder case

Context Dispatch 0
Thousands of members of the Iglesia Ni Cristo (INC), clad in white shirts bearing the words "Accountability" and "Transparency," gathered Monday at Liwasang Bonifacio in Manila and the EDSA People Power Monument, causing heavy traffic as they protested the plunder case filed against Senator Rodante Marcoleta and his reported impending arrest. In a statement, the religious group said it was not opposing the enforcement of the law but objecting to what it described as its selective application to conceal corruption. The INC claimed the case was intended to silence Marcoleta's anti-corruption campaign, declaring that "selective justice is injustice."

Business seeks clearer PPP rules to fasttrack projects

Economy 0
The private sector is pushing for clearer merger exemption rules for public-private partnership (PPP) projects, arguing that greater regulatory certainty would accelerate infrastructure investments without compromising market competition.

Meralco recognized for leading Luzon’s consumer choice programs

Corporate Bulletins 0
The Manila Electric Company (Meralco) has received recognition from the Energy Regulatory Commission (ERC) for registering the highest number of participants in customer choice programs across Luzon.

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