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Axelum plans P400 million capital spending to rebound in 2024

Corporate Context.ph Context.ph -
Axelum Resources Corp., the country’s leading fully-integrated manufacturer and exporter of premium coconut products, plans to spend up to P400 million to deploy additional capacity and upgrade its equipment and facilities this year.

DA says mackerel import ban to flush out erring importers, won’t undermine fish supply

Agriculture Context.ph Context.ph -
Agriculture Secretary Francisco P. Tiu Laurel, Jr. on Thursday downplayed claims  the impending import ban against frozen round scad, bonito and mackerel would undermine production of canned fish, particularly mackerel.

NAIA Terminal 3 finally getting much-needed electrical systems upgrade

Transport & Logistics Context.ph Context.ph -
The Manila International Airport Authority (MIAA) has started essential power maintenance activities at Terminal 3 of the Ninoy Aquino International Airport (NAIA) lasting up to 28 May this year to replace outdated electrical components helping sustain last year's electrical systems upgrade.

Visitor arrivals up 18% in 1Q on influx of South Korean tourists

Top News Context.ph Context.ph -
Overseas Filipino workers, who are included in the data sourced by the DOT from eTravel, accounted for 5.7 percent of arrivals, or a total 94,265, lower by 16 percent from the same period last year.

300 MW new capacity comes online in hot months up ahead

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) said as much as 300 megawatts worth of additional power is coming online during the summer months.
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Gokongwei, Salazar named MAP Management Persons of the Year

Corporate 0
The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

Finance 0
The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

Transport & Logistics 0
FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

Economy 0
President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.

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