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PXP Energy widens 1H loss on weaker oil

Energy & Mining Context.ph Context.ph -
PXP Energy Corpo. reported a core net loss of P21.1 million in the first half of 2025, more than double the P9.5 million loss from the same period last year, due to weaker crude prices, lower Galoc volumes, and rising production costs.

Chinabank delivers record P13B profit in 1H

Banking & Insurance Context.ph Context.ph -
China Banking Corp. posted a record net income of P13 billion in the first half, up 14 percent year-on-year, driven by robust core business...

Meta posts strong 2Q earnings, shares soar

Corporate Context.ph Context.ph -
Meta, the parent company of Facebook and Instagram, reported stronger-than-expected quarterly results on Wednesday, sending its shares surging to record highs.

Garin flags power crisis on Siquijor Island

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) announced it will intensify efforts to address violations in the power industry, with a special focus on Siquijor Island following persistent power supply issues.

DA lifts poultry import ban on Australia

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) has lifted the ban on the importation of poultry products from Australia, including poultry meat, day-old chicks, eggs, and semen.
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Wawa-Calawis project emerges as key defense vs Manila water crisis

Environment 0
Manila Water in Monday said the Wawa-Calawis Water Supply System is becoming a major safeguard for water security in Metro Manila’s East Zone as climate change continues to put pressure on traditional water sources.

Philippine employers confront shocks at ECOP forum

Trade & Investments 0
Employers in the Philippines are preparing for an increasingly volatile business landscape as geopolitical tensions, supply chain disruptions, rising energy costs, and rapid technological change converge, issues that are set to take center stage at the 47th National Conference of Employers (NCE47) of the Employers Confederation of the Philippines, opening May 20, 2026 at The Manila Hotel.

San Beda Alabang shifts to 100% renewable energy with ACEN RES deal

Energy & Mining 0
San Beda College Alabang (SBCA) will now run entirely on renewable energy after signing a power supply agreement with ACEN Renewable Energy Solutions (ACEN RES), the retail electricity arm of ACEN Corp.

Metrobank raises online time deposit rates to up to 5%

Banking & Insurance 0
Metrobank has increased the interest rate of its online time deposit (OTD) product to as much as 5 percent per annum, offering customers higher returns on their savings.
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