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Financial regulators step up risk monitoring efforts

Banking & Insurance Context.ph Context.ph -
The Financial Stability Coordination Council (FSCC) has strengthened its vigilant stance in the face of evolving global and domestic financial risks, following its latest quarterly meeting.

Petron bonds listed on PDEX, investor confidence underscored

Markets Context.ph Context.ph -
Petron Corp. on Monday listed on the Philippine Dealing and Exchange Corp. (PDEX) its fixed-rate bond that raised P32 billion amid oversubscription, which underscored investor confidence on the Philippines’ largest oil company.

Fuel prices drop again, but year-to-date gains remain high

Energy & Mining Context.ph Context.ph -
The various fuel retailers will roll back pump prices for the second consecutive week starting Tuesday, 8 July, with gasoline down by ₱0.70 per liter, diesel by ₱0.10, and kerosene by ₱0.80, according to announcements from the major players including Caltex, Seaoil, PTT, and Clean Fuel.

Insurer achieves full IFRS 17 compliance ahead of 2027 deadline

Corporate Bulletins Context.ph Context.ph -
Malayan Insurance has become one of the first insu in the country to achieve full IFRS 17 readiness, completing implementation of the global accounting standard two years ahead of the extended 2027 national deadline.

Petron wraps up ₱50B bond program with ₱32B tranche

Corporate Context.ph Context.ph -
Petron Corp. has successfully raised ₱32 billion from its latest fixed rate bond issuance, concluding the final tranche of its ₱50-billion shelf registration program with the Securities and Exchange Commission (SEC).
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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.

Most Filipinos lack emergency savings despite rising financial literacy

Banking & Insurance 0
A stark divide has emerged between what Filipinos know about money and how much they have actually saved, prompting proactive workplace interventions. According to the Bangko Sentral ng Pilipinas 2025 Consumer Finance and Inclusion Survey, basic financial literacy among Filipino adults has risen to 74 percent, up from 69 percent in 2021. However, this knowledge has not yet translated into financial security, as a worrying 30 percent of Filipinos report having enough savings to weather an emergency or sudden income loss, and fewer than half are satisfied with their current financial state.
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