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    BOC exceeds revenue collection target in April

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    The Bureau of Customs has again exceeded its revenue collection target, generating P68.274 billion for April 2023, compared to its target of P68.199 billion. This...

    BSP, JICA make it easy for MSMEs to access credit

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     The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) have made it easy for financial institutions to assess the creditworthiness...

    Online sellers generate sales of P3 billion a month

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    The Philippine E-Commerce Association of the Philippines (PECA) projects sustaining its growth this year as more Filipinos turn to online shopping.  Jere Von Basa, PECA...

    Dozens of flights cancelled on Labor Day as NAIA Terminal 3 suffers power outage

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    Dozens of flights were cancelled and several more delayed on Labor Day as a power outage disrupted operations at the Ninoy Aquino International Airport...

    Strong policy support crucial to boost air transport capacity to meet growing demand—study

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    New research has underscored the urgent need for policy support to improve the Philippine air transport infrastructure, noting the sector’s serious limitations to meet...
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    Sugar import ban to stay another year

    Agriculture 0
    The Department of Agriculture (DA) said the ban on sugar imports will remain in place until December 2026, clarifying that it will not end in September 2026 when the current crop year ends.

    ERC clears NGCP’s P12.96B Camarines Sur substation

    Energy 0
    The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.

    Tawi-tawi power coop restructures P400M debt

    Energy 0
    The Department of Energy (DOE) said a new debt restructuring agreement between Kaltimex Rural Energy Corp. and the Tawi-Tawi Electric Cooperative (Tawelco) is expected to address around P400 million in unpaid obligations and help stabilize electricity service in the province, particularly in Bongao.

    DM Wenceslao tower gains PEZA status

    Economy 0
    DM Wenceslao & Associates Inc.’s 8912 Asean Avenue has secured a major regulatory boost after the government declared the property a Philippine Economic Zone Authority–registered Information Technology Center, strengthening Aseana City’s appeal to global IT and business process management locators.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    PAL receives first Airbus A350-1000 in Southeast Asia

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    The Philippine Airlines (PAL) has taken delivery of its first Airbus A350-1000, becoming the first carrier in Southeast Asia to operate the next-generation widebody aircraft as part of its long-term fleet modernization and global expansion plans.
    Agriculture

    Sugar import ban to stay another year

    0
    The Department of Agriculture (DA) said the ban on sugar imports will remain in place until December 2026, clarifying that it will not end in September 2026 when the current crop year ends.
    Energy

    ERC clears NGCP’s P12.96B Camarines Sur substation

    0
    The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.
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