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BYD expects BEVs to charge ahead in 2026

Battery electric vehicles (BEVs) are poised to steal the spotlight from hybrids next year, as demand for new energy vehicles (NEVs) shifts into a higher gear in 2026.

Over 200 USM students open first bank accounts under central bank’s youth inclusion drive

More than 200 students opened their first transaction accounts during a Youth Financial Inclusion (YFI) Initiative onboarding activity at the University of Southern Mindanao (USM) on Jan. 30, 2026.

Cebuana’s Purpose-driven campaigns score ANVIL wins

If public relations had a red carpet, Cebuana Lhuillier just strutted down it with arms full of silver. At the 61st ANVIL Awards—the industry’s equivalent of the Oscars—the financial services giant clinched multiple honors for campaigns that prove doing good and doing business can share the same spotlight.

MPIC defers LRT-1 stake sale as gov’t settles obligations

Metro Pacific Investments Corp. (MPIC) has put on hold plans to sell its stake in the operator of Light Rail Transit Line 1 (LRT-1) following what it described as encouraging progress by the government in settling long-standing contractual obligations.

Tanza emerges as a growth hub in Cavite, attracting families and businesses

Tanza, a coastal town in northwestern Cavite, is steadily transforming into one of the province’s emerging growth centers, driven by improved infrastructure, rising connectivity, and a steady pace of urban development.

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CCPI launches bold economic push ahead of 140th anniversary

The Chamber of Commerce of the Philippine Islands (CCPI) has kicked off preparations for its 140th anniversary with a promotional gathering led by its Board of Trustees. The event aims to build momentum for a major conference titled “Actionize the Missions of the Economic Compass Pillars 5 (ECOMP-P5).”

Pru Life UK tops PH life insurance industry anew in 2025

Pru Life UK has maintained its position as the top life insurance company in the Philippines, ranking first for the fifth time based on 2025 new business annual premium equivalent (NBAPE) data from the Insurance Commission.

Philippines posts wider external payments deficit, reserves remain strong

Philippines posts wider external payments deficit, reserves remain strong Banks/Insurance The Philippines recorded a balance of payments (BOP) deficit of US$2.3 billion in February, bringing the total shortfall to US$2.7 billion for the first two months of the year. The BOP measures the country’s financial transactions with the rest of the world, including trade, investments, and debt payments. A deficit means more money flowed out of the country than came in during the period. Despite the deficit, the country’s gross international reserves (GIR) rose to US$113.3 billion as of end-February 2026, providing a solid financial buffer. This level is enough to cover 7.5 months of imports and service payments, and is 4.3 times larger than short-term external debt, indicating strong capacity to meet foreign obligations. The BOP deficit may reflect higher imports, debt payments, or capital outflows, which can put pressure on the peso if sustained. However, the increase in reserves signals that the country remains financially stable. The GIR acts as a safeguard, ensuring the Philippines has enough foreign currency to pay for imports, service debt, and manage exchange rate volatility. Strong reserves also help protect the economy from global financial shocks, even when external payments temporarily exceed inflows.

PH financial system strong but faces growing risks — FSCC

The Financial Stability Coordination Council (FSCC) on Thursday reaffirmed the strength of the country’s financial system, citing well-capitalized and liquid banks, but warned that emerging risks could pose challenges to businesses and households if left unchecked.
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