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GCash, Huawei debut Watch Pay for contactless payments

Transport & Logistics Context.ph Context.ph -
Mobile wallet and payments platform GCash has teamed up with Huawei to launch Watch Pay, the country's first wearable-based payment solution, in a development that underscores both firms’ commitment to digital innovation and convenience in mobile commerce.

Smart claims Q1 dominance in wireless broadband with 430K subscribers

Transport & Logistics Context.ph Context.ph -
Smart Communications, Inc. on Monday claimed as the country's top wireless broadband provider having captured 44 percent of the market and having served over 430,000 subscribers in the first quarter of 2025. This, the company said, puts Smart ahead of its closest competitor which holds 42 percent market share for the same period.

Digital payments dominate PH retail transactions in 2024

Top News Context.ph Context.ph -
The Philippines posted strong gains in digital finance, with digital payments accounting for 57.4 percent of monthly retail transactions by volume and 59 percent by value in 2024, according to the Bangko Sentral ng Pilipinas (BSP). This marks a steady increase from only 52.8 percent and 55.3 percent, respectively, in 2023, reinforcing the country's ongoing digital transformation.

EEI Corp. secures P15.7-billion PIEC contract

Corporate Context.ph Context.ph -
EEI Corp. announced on Monday that it has received the notice of award from the Department of Public Works and Highways (DPWH) for the design and construction of Phase 1 of the Philippine International Exhibition Center (PIEC), a government-led infrastructure project seeking to transform the country into a premier meetings, incentives, conferences, exhibitions or MICE destination in Asia.

DigiPlus approves ₱6-B buyback

Corporate Context.ph Context.ph -
Gaming firm DigiPlus Interactive Corp. has announced a ₱6-billion share buyback program, a move it says reflects strong financial health and reinforces its long-term commitment to shareholder value.
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AIIB lends $300M to ICTSI for Philippine port projects

Banking & Insurance 0
The Asian Infrastructure Investment Bank (AIIB) has approved a USD300 million senior unsecured corporate loan to International Container Terminal Services Inc. (ICTSI), marking its first non-sovereign-backed deal in the Philippines and signaling rising investor confidence in the country’s logistics infrastructure.

SC rejects Senator Dela Rosa’s TRO plea

Context Dispatch 0
The Supreme Court, by a vote of 9-5, with one abstention, denied Senator Ronald “Bato” Dela Rosa’s plea for a temporary restraining order (TRO). Senator dela Rosa earlier sought to block the Department of Interior and Local Government, Department of Justice, Philippine National Police, Armed Forces, and other agencies from arresting him under any International Criminal Court warrant, Interpol red notice, or foreign judicial action without a Philippine court order. The ruling addresses only interim relief; main case issues remain pending, with full opinions to be released May 25.

Alsons Power turns Sarangani diesel plant into 98.7 MW solar facility

Energy & Mining 0
Alsons Power has announced a major shift toward green energy by converting its 55-megawatt (MW) diesel power plant in Alabel, Sarangani, into a 98.7-megawatt solar power facility.

Globe bolsters Philippine ASEAN 2026 hosting with major connectivity push

Corporate Bulletins 0
The Philippines successfully hosted the first quarter of the 2026 ASEAN-related events backed by a massive digital infrastructure push from telecom giant Globe, marking a significant milestone in public-private collaboration for national development. Working in tight coordination with the Department of Information and Communications Technology, the National Telecommunications Commission, and the ASEAN National Organizing Council, Globe proactively deployed free mobile signal enhancements, optimized network capacities, and rolled out targeted 5G coverage across key venues in Metro Manila, Cebu, Bohol, Iloilo, and Boracay. This nationwide initiative ensured that international delegates, organizers, and media experienced seamless, high-speed communication throughout the high-profile regional summits.
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