Tag: Middle East

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ICTSI expands boldly in the Middle East despite tensions

Transport & Logistics Context.ph Context.ph -
International Container Terminal Services Inc. (ICTSI) is pressing ahead with expansion and acquisitions even as geopolitical tensions in the Middle East begin to ripple across global shipping routes and costs.

February inflation up at 2.4% on higher food prices

Economy Context.ph Context.ph -
Headline inflation edged higher in February, signaling renewed price pressures from key food staples even as broader trends remain relatively contained.

President Marcos pledges fuel stability amid Middle East conflict

Energy & Mining Context.ph Context.ph -
President Ferdinand Marcos Jr assured Filipinos on Tuesday that the country’s fuel supply remains secure despite volatility in global oil markets triggered by escalating tensions between the United States and Iran.

Philippines seal first Middle East FTA

Economy Context.ph Context.ph -
The Philippines is set to clinch its first free trade agreement with a Middle Eastern nation, with the signing of a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates next week, a move expected to widen Manila’s commercial footprint in the Gulf.

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Luzon corridor puts $20-B project pipeline before investors

Economy 0
The Philippines put more than USD20 billion worth of infrastructure and industrial projects before about 600 local and foreign investors, seeking to turn the Luzon Economic Corridor (LEC) from a development blueprint into a pipeline of fundable deals.

Tiu Laurel urges ASEAN-India cooperation on food security risks

Agriculture 0
Agriculture Secretary Francisco P. Tiu Laurel Jr. called for stronger ASEAN-India collaboration Wednesday at the Ninth ASEAN-India Ministerial Meeting on Agriculture and Forestry, warning that geopolitical tensions, climate shocks, and volatile farm input costs threaten regional food supplies.

Luzon, Visayas co-ops seal 15-year power supply deals

Energy & Mining 0
Twenty-nine Luzon and Visayas electric cooperatives have secured long-term power supply agreements (PSAs) with six generation firms, ensuring stable electricity for millions, the National Electrification Administration (NEA) announced Thursday.

Meralco cites PNP support in curbing electricity theft

Energy & Mining 0
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has recognized the Philippine National Police’s (PNP) support in addressing electricity theft as it pledged to sustain efforts to reduce system losses, particularly non-technical losses arising from illegal connections and power pilferage.

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