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Oil heads for weekly fall on demand worries, dollar strength

Energy & Mining Context.ph Context.ph -
Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant.

Ayala Group takes controlling stake in EV battery swapping joint venture

Corporate Context.ph Context.ph -
Ayala Corp. said Friday that along with a Globe Telecom Inc. subsidiary, it has taken a controlling stake in an electric vehicle battery swapping joint venture with a unit of Nasdaq-listed Gogoro Inc.

LTFRB lifts ban on sale of CPCs

Top News Context.ph Context.ph -
THE Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday announced the lifting the prohibition on the sale and transfer of Certificates of Public Convenience (CPC) for Public Utility Vehicles (PUVs).

Aurora, Quezon declared avian influenza-free provinces

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) on Thursday cleared the province of Aurora and Quezon from avian influenza (AI).

China quietly recruits overseas chip talent as US tightens curbs

Communications & Technology Reuters Reuters -
For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests and technological supremacy.
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PAL offers half-price fares for returning Manila-Dubai flights

Transport & Logistics 0
Philippine Airlines (PAL) has launched a one-day fare sale to mark the comeback of its nonstop Manila–Dubai route starting October 2, 2026.

GSIS marks Pensioners’ Week, solar loan out Sept. 30

Banking & Insurance 0
The GSIS is expanding benefits for retired public workers this National Pensioners’ Week, with the new Ginhawa Solar Energy Loan (GSEL) launching September 30.

SOCOTECO II–Ignite JVA faces pushback anew as court issues TRO

Energy & Mining 0
The proposed Conditional Joint Venture Agreement (CJVA) between South Cotabato II Electric Cooperative (SOCOTECO II) and Ignite Power has encountered a new setback after the Office of the Executive Judge of the 11th Judicial Region issued another Temporary Restraining Order (TRO) halting the remaining scheduled dates of the cooperative’s membership plebiscite.

PH growth seen rebounding to 5.1% in 2027, ADB says, though risks remain

Economy 0
The Philippine economy is set to return to solid growth in 2027, supported by stronger services and industry activity plus timely government spending on key infrastructure, according to the Asian Development Bank’s latest outlook released today. Gross domestic product is projected to expand 3.3 percent this year before rising to 5.1 percent in 2027 — a slightly slower pace than previously estimated in July, as prolonged tensions in the Middle East and higher global commodity prices have weighed on investments and raised costs.

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