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AUB profit soars on lending, digital expansion

Banking & Insurance Context.ph Context.ph -
Asia United Bank posted a record 12 percent rise in net income to P12.7 billion in 2025, driven by a stronger commercial lending portfolio and improved operational efficiency.

OF remittances hit record high in 2025

Economy Context.ph Context.ph -
Cash sent home by overseas Filipinos reached a new record in 2025, providing a steady lift to the Philippine economy and to millions of households that depend on support from family members abroad.

First Gen buys into Prime Infrastructure hydropower projects in P75B deal

Corporate Context.ph Context.ph -
First Gen Corp., controlled by the Lopez family, is acquiring a 40 percent equity stake in pumped storage hydropower portfolio Prime Infrastructure Capital Inc., part of billionaire Enrique Razon Jr.’s infrastructure venture, for P75 billion. 

Semirara contract to go under the hammer as DOJ rejects renewal

Corporate Context.ph Context.ph -
The Department of Energy (DOE) is starting preparations this year for the public bidding of the coal mining rights on Semirara Island, as the contract held by Semirara Mining and Power Corp. (SMPC) expires in July next year.

DA, Australia step up talks on banana exports

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA), is continuing coordination with Australian authorities to open the Australian market for Philippine Cavendish banana exports.
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Just in

OceanaGold Q3 profit rises 5% to $28.3M

Corporate 0
OceanaGold (Philippines) Inc. grew its third-quarter net income by 5 percent to USD28.3 million as higher gold prices, improved by-product credits, and lower sustaining capital expenditures boosted margins and generated USD51.4 million in free cash flow at its Didipio gold-copper mine.

Maynilad 9-month profit rises 10% to P12.6B

Corporate 0
Maynilad Water Services Inc. increased its net income by 10 percent to P12.6 billion in the first nine months of 2026, as higher billed water volume, improved network efficiency, and lower financing costs supported earnings despite elevated operating costs and inflationary pressures.

PEZA eyes 200 ecozones to draw investments to Luzon corridor

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) is tapping 200 economic zones along the Luzon Economic Corridor to attract manufacturing and technology investments, as the government seeks to strengthen the country’s position in regional supply chains and turn the Subic-Clark-Manila-Batangas route into a more integrated industrial hub.

China Bank Jan-Sep profit climbs 12% to P22.6B

Banking & Insurance 0
China Banking Corp. (China Bank) grew its nine-month net income by 12 percent to P22.6 billion in 2026, as stronger lending activity and wider interest margins boosted core banking revenues while asset quality remained stable.
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