Tag: President Marcos

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President Marcos unveils P63B spending for irrigation

Agriculture Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has earmarked more than P63 billion for irrigation projects in 2026, betting that water infrastructure will be the catalyst for higher farm output and a more resilient rural economy.

President Marcos centralizes economic power within Malacanang

Economy Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has ordered a significant shake-up of Malacañang’s economic and investment oversight, abolishing the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) and folding its functions into the Office of the Executive Secretary (OES).

Fresh gas find re-energizes Philippine power sector

Energy & Mining Context.ph Context.ph -
President Ferdinand Marcos Jr. announced the country’s first major natural gas discovery in more than a decade, a find that could extend Malampaya’s life and steady electricity supply.

Marcos signs law ensuring nuclear safety

Energy & Mining Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has signed Republic Act No. 12305, or the Philippine National Nuclear Energy Safety Act, into law, establishing a robust regulatory framework...

President Marcos orders setting up palay floor price

Top News Context.ph Context.ph -
President Ferdinand R. Marcos Jr. has ordered the establishment of a floor price for palay to protect farmers from abusive traders during the harvest season, signaling a more interventionist approach in the agricultural sector.
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Mynt secures SEC approval for P92.32-billion IPO, first to benefit from eased public float rules

Corporate 0
The Securities and Exchange Commission (SEC) has given the green light to Mynt Inc., operator of leading digital payments platform GCash, for its initial public offering (IPO) valued at up to P92.32 billion.

Cool-down in August inflation offers brief respite, not policy pivot – analyst 

Banking & Insurance 0
The slight cooling of headline inflation to 6.1 percent in August from 6.2 percent in July provides a welcome breathing room, but it remains far from a signal for the central bank to ease its stance. Lower meat and vegetable prices helped pull down overall food inflation, though the decline was largely muted by accelerating rice costs and expensive transport amid persistent global oil strength. According to Bank of the Philippine Islands (BPI) lead economist Emilio S. Neri, Jr., this temporary easing is unlikely to alter the trajectory of monetary policy. He says that the Bangko Sentral ng Pilipinas (BSP) will likely stay on a tightening path, potentially raising the policy rate by 25 basis points in each of its final two meetings this year to hit 5.50 percent.

SEMPHIL expansion draws 30 Korean suppliers

Communications & Technology 0
Samsung Electro-Mechanics Philippines Corp.’s (SEMPHIL) P50.7-billion expansion is starting to draw interest from its Korean supply chain, with about 30 Tier 1 suppliers of parent Samsung Electro-Mechanics Co. Ltd. (SEMCO) expected to come to the Philippines in October to assess potential local investments.

ACMobility takes EV safety campaign nationwide

Transport & Logistics 0
ACMobility has launched a nationwide electric vehicle safety education program covering EV technology, charging, ownership, and vehicle safety as electric vehicles become more common in the Philippine market.

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