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Thursday, 06 November 2025, 4:09 pm

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    DOE backs carbon markets to fund clean energy shift

    Energy Context.ph Context.ph -
    The Department of Energy (DOE) on Thursday said that efforts to reduce carbon emissions need not come at the cost of economic growth. Energy Secretary Sharon Garin, through a speech delivered by Undersecretary Felix William Fuentebella at a Makati forum, said decarbonization and development should be seen as complementary goals.

    ACEN backs subsidiary with P900M for wind power

    Energy Context.ph Context.ph -
    ACEN Corp., the energy arm of Ayala Corp., has extended a P900 million loan to its subsidiary, Giga Ace 6 Inc., to support the development of a major wind power project in Quezon and Laguna.

    SRA acts on molasses glut, warns of sugar shortfall

    Agriculture Context.ph Context.ph -
    The Sugar Regulatory Administration (SRA) has temporarily suspended molasses importation, citing the need to support local producers and address declining domestic prices and unutilized local stocks.

    NGCP works on Cebu outages, prepares for TS Paolo

    Energy Context.ph Context.ph -
    The National Grid Corporation of the Philippines (NGCP) continues restoration efforts following the recent earthquake in Cebu, with only one power plant in the Visayas still on forced outage as of 2 p.m. Thursday, affecting 169 MW of capacity.

    Ayala, Honda shift dealer operations strategy

    Corporate Bulletins Context.ph Context.ph -
    ACMobility, the mobility solutions arm Ayala Corp., and Honda Cars Philippines, Inc. (HCPI) announced the upcoming transition of their dealer operations, effective January 1 next year.
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    China Bank profit up 10%, assets reach ₱1.7T

    Banking & Insurance 0
    China Banking Corp. on Thursday reported consolidated net income of ₱20.2 billion for the first nine months of 2025, a 10 percent increase from the same period last year. This translated to a 15.3 percent return on equity and 1.6 percent return on assets, among the highest in the industry.

    Unemployment up slightly in September, fewer job seekers

    Top News 0
    The country’s unemployment rate inched up to 3.8 percent in September 2025 from 3.7 percent a year earlier, equivalent to 1.96 million Filipinos without work, the Philippine Statistics Authority (PSA) reported Thursday. Despite the slight uptick, the number of jobless declined from 2.03 million in August, suggesting some improvement in hiring momentum.

    Rice, poultry lift farm output in 3Q—PSA

    Agriculture 0
    The Philippines’ agriculture and fisheries sector posted moderate growth...

    Seagate shares soar after debt deal

    Corporate 0
    Shares of Seagate Technology climbed 10 percent on Wednesday after the data storage company announced a USD500 million debt exchange agreement, a move seen by investors as easing its near-term financing pressure.
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    Context.ph

    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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    Corporate

    Robust enterprise demand spurs Converge 9-month profit growth

    0
    Converge Information and Communications Technology Solutions, Inc. (PSE: CNVRG) posted an 8.4 percent rise in net income to P8.9 billion for the first nine months of 2025, from P8.2 billion a year earlier, as strong enterprise demand and steady residential growth lifted revenues.
    Banking & Insurance

    China Bank profit up 10%, assets reach ₱1.7T

    0
    China Banking Corp. on Thursday reported consolidated net income of ₱20.2 billion for the first nine months of 2025, a 10 percent increase from the same period last year. This translated to a 15.3 percent return on equity and 1.6 percent return on assets, among the highest in the industry.
    Top News

    Unemployment up slightly in September, fewer job seekers

    0
    The country’s unemployment rate inched up to 3.8 percent in September 2025 from 3.7 percent a year earlier, equivalent to 1.96 million Filipinos without work, the Philippine Statistics Authority (PSA) reported Thursday. Despite the slight uptick, the number of jobless declined from 2.03 million in August, suggesting some improvement in hiring momentum.
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