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BSP eyes stronger capital markets, market-based operations

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP) is stepping up efforts to deepen the money market, expand capital market development, and improve cross-border payments to support economic growth and financial stability, BSP deputy governor Zeno Ronald R. Abenoja said at the 4th ASEAN+3 Economic Cooperation and Financial Stability Forum held in November in Hong Kong.

Alex Eala fulfills a promise, delivers SEA Games gold

Sports & Entertainment Context.ph Context.ph -
Under the merciless noon sun of Bangkok, Alex Eala didn’t just play tennis—she settled unfinished business 26 years in the making. The 20-year-old Filipino star dismantled Thailand’s Mananchaya Sawangkaew, 6–1, 6–2, to end the Philippines’ long gold-medal drought in women’s singles at the Southeast Asian Games.

Figaro builds export-ready food platform

Corporate Context.ph Context.ph -
Figaro Culinary Group is deepening its long-term growth play as it ramps up operations of Figaro Innovation and Development Inc. (FIDI), a wholly owned subsidiary designed to expand the Group’s food product pipeline, strengthen manufacturing capabilities, and lay the groundwork for future export markets.

DBM pressed to clear CARS arrears

Economy Context.ph Context.ph -
Lawmakers are pressing the Department of Budget and Management (DBM) to finally clear nearly P4 billion in government arrears owed to two major automakers under the Comprehensive Automotive Resurgence Strategy (CARS), a move seen as critical to restoring investor confidence in the Philippines’ industrial policy.

MREIT bulked up with prime offices

Corporate Context.ph Context.ph -
MREIT, Inc., the real estate investment trust of Megaworld Corp., is expanding its footprint after its board approved the infusion of nine Grade A office buildings through a property-for-share swap valued at P16.22 billion.
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Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

Economy 0
The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

Context Dispatch 0
A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

Energy & Mining 0
The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

Energy & Mining 0
The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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