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Thursday, 12 June 2025, 7:11 pm

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    Long haul foreign investments seen rounding 2024 as net inflows of $9.5 billion

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    Foreign direct investments (FDI), the kind that stays invested for the long haul and generates employment for Filipinos, is seen aggregating USD 500 million this year...

    Metro Manila daily minimum wage increases by P35 on July 17

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    The daily minimum wage in Metro Manila for private sector workers will increase by P35 starting July 17, a salary adjustment that will directly impact 988,243 minimum wage earners and may also affect around 1.7 million employees paid higher salaries.

    Fitch Group unit BMI cites EO 62 adverse impact on global rice price

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    Think tank and Fitch Group unit BMI said the Manila decision reducing the tariff on imported rice could help push the price of the staple higher in global markets.

    Government budget deficit widened in May to P174.9 billion on higher spending

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    The national government recorded a wider budget deficit of P174.9 billion in May as the 22 percent increase in spending outpaced the 15 percent growth in revenue.

    BDO’s Nestor V. Tan headlines BANCNET board directors

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    The shareholders of electronic banking consortium BancNet have elected new directors to its board during their annual meeting held 18 June 2024.
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    Floating solar gets a lift in revised DOE auction plan

    Energy 0
    The Department of Energy (DOE) has expanded the target capacity under the 4th Green Energy Auction (GEA4) to 10,653 MW, up from 10,478 MW, highlighting a policy shift to bolster floating solar deployment.

    DMCI Homes thrives on cautious buyer shift

    Property 0
    DMCI Homes Inc., the residential arm of listed engineering giant DMCI Holdings Inc., reported sustained buyer interest in its residential development, even as industry analysts warn of a supply glut in parts of Metro Manila.

    Obesity on the rise in PH: FNRI study

    Health & Science 0
    A new study by the Food and Nutrition Research Institute (FNRI) reveals a concerning trend: four out of every ten Filipino adults are now living with obesity, underscoring a shift in the nation’s health landscape. The study also highlights rising obesity rates among Filipino children and adolescents, fueled by increasingly sedentary lifestyles, greater consumption of processed foods, and decreased physical activity.

    SPC secures green light for 48 MW Iloilo solar project

    Energy 0
    Listed energy firm SPC Power Corp. is embarking on an aggressive expansion into renewable energy and battery energy storage systems (BESS), with a target of adding 500 megawatts (MW) of capacity to its portfolio by 2029.

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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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    PSE slashes STT under new law

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    The Philippine Stock Exchange (PSE) announced it will slash the stock transaction tax (STT) to 0.1 percent from the current 0.6 percent starting 1 July 2025, in line with the implementation of the Capital Markets Efficiency Promotion Act (CMEPA).
    Energy

    Floating solar gets a lift in revised DOE auction plan

    0
    The Department of Energy (DOE) has expanded the target capacity under the 4th Green Energy Auction (GEA4) to 10,653 MW, up from 10,478 MW, highlighting a policy shift to bolster floating solar deployment.
    Property

    DMCI Homes thrives on cautious buyer shift

    0
    DMCI Homes Inc., the residential arm of listed engineering giant DMCI Holdings Inc., reported sustained buyer interest in its residential development, even as industry analysts warn of a supply glut in parts of Metro Manila.
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