Context.ph

6243 POSTS

Jollibee acquires South Korea’s leading hot pot chain “Shabu All Day”

Jollibee Foods Corp. (JFC) announced Monday that subsidiary Jolli-K Co. Ltd. has acquired South Korea’s All Day Fresh Co. Ltd., the operator of the popular hot pot and all-you-can-eat brand Shabu All Day, for approximately ₱5.09 billion (KRW126.85 billion).

Globe delivers consistency, not just coverage in PH internet race

Globe has claimed the top spot in Ookla®’s 2025 Speedtest Verified rankings, earning recognition as the Most Consistent Mobile Network, Most Consistent Fixed Network, and the provider with the Widest 5G Coverage in the Philippines.

VinFast charges ahead by fixing EV barriers

Range anxiety and steep upfront costs remain the biggest speed bumps to electric vehicle (EV) adoption among Philippine businesses, industry leaders said at the first B2B EV symposium hosted by VinFast Philippines last Friday, February 13, in Parañaque.

Silicon Valley sparks Meralco grid push

Manuel V. Pangilinan-led Manila Electric Company (Meralco) went technology shopping in the US, and came home with more than just ideas.

CLI, NTT UD Asia expand Metro Manila footprint

Cebu Landmasters, Inc. (CLI) is doubling down on its alliance with NTT UD Asia Pte. Ltd. (NTTUDA), a unit of Japan’s NTT Urban Development Corp., with a second joint venture that signals a bigger push into the National Capital Region.

Just in

Central banks must adopt for AI era— BSP chief

Central banks around the world must prepare to seize both the opportunities and navigate the challenges brought by artificial intelligence while upholding their key missions of keeping prices steady and financial systems secure.

STI Holdings’ assets climb 10% to P18.7B

STI Education Systems Holdings Inc. (STI Holdings) grew its consolidated assets by 10 percent to P18.69 billion in the financial year ended June 2026, as strong tertiary enrollment and continued investments in campus infrastructure and education technology supported its financial performance.

Monde Nissin trims capex, targets premium noodle market growth

Monde Nissin Corp. has reduced its 2026 capital expenditure budget to P5.4 billion from about P6.5 billion, prioritizing a new biscuit manufacturing plant in Northern Luzon as it navigates softer noodle volumes and intensifying competition from premium imports.

ERC issues show cause orders against power firms over excessive unplanned outages

The Energy Regulatory Commission (ERC) has stepped up its drive to keep electricity supply steady, issuing 24 show cause orders to 13 power generation companies whose facilities repeatedly went offline beyond allowed limits. Released on October 14, 2026, these orders require the firms to submit verified explanations on why their units exceeded the allowable equivalent unplanned outage limits set under existing reliability rules.
spot_img