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San Miguel unit breaks ground on P34B Pangasinan toll road project

Transport & Logistics Context.ph Context.ph -
San Miguel Corp. said Monday that one of its affiliates, SMC Plex Inc., recently broke ground on a P34 billion toll road project in Pangasinan.

Meralco energizes coffee bean processing facility in Bukidnon

Agriculture Context.ph Context.ph -
One Meralco Foundation (OMF), the corporate social responsibility arm of the Manila Electric Company, has energized the post-harvest coffee bean processing facility of coffee farmers in Talakag, Bukidnon.

Finance chief wants lower GDP growth target, expects BSP rates to stay “higher for longer”

Banking & Insurance Context.ph Context.ph -
Finance Secretary Ralph Recto said late Thursday he will recommend a downgrade of the economic growth targets to the interagency Development Budget Coordination Committee, seeking to ease pressure on government finances amid geopolitical concerns and inflationary pressure that would keep interests rates "higher for longer.”

China-funded Kaliwa Dam now 30 percent complete

Corporate Context.ph Context.ph -
The construction of the Kaliwa Dam in the provinces of Rizal and Quezon is now 30 percent complete, according to the Metropolitan Waterworks and Sewerage System (MWSS).

Cebu Pacific welcomes first of 12 Airbus A320neo aircraft fueled by SAF

Transport & Logistics Context.ph Context.ph -
Cebu Pacific (CEB) on Tuesday boosted its flight operations with the receipt of a second brand-new A330 neo aircraft to its fleet.
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Nine power gencos vie to supply Meralco 600 MW

Energy & Mining 0
At least nine power generation firms have signalled their interest in joining the competitive selection process to supply 600 megawatts of baseload power to the Manila Electric Company.

DOE sets December date for offshore wind auction; fuel supply levels updated

Energy & Mining 0
The Department of Energy announced Tuesday that the suspension of the fifth Green Energy Auction Program will end in September, with the actual bidding for up to 3,300 megawatts of offshore wind capacity targeted for December 1, 2026.

DOE: Inter-agency talks key to system loss charge removal 

Energy & Mining 0
The Department of Energy (DOE) says it will hold a series of meetings with other government bodies to carry out President Marcos’ order to scrap systems loss charges and their corresponding value added tax, a move meant to bring down electricity costs for all consumers.

GSIS eyes zero-interest HMO financing for gov’t workers, launches G-HEALTH program 

Banking & Insurance 0
The Government Service Insurance System (GSIS) has formally launched its G-HEALTH initiative, signing its first agreement with Maxicare Healthcare Corporation to support President Ferdinand R. Marcos Jr.’s goal of improving healthcare benefits for state employees.

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