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SMAC rewards families for every remittance

Banking & Insurance Context.ph Context.ph -
SMAC, the country’s leading loyalty program, and BDO Remit, BDO Unibank’s trusted remittance service, have formed a new partnership to give more value to overseas Filipino workers (OFWs) and their families. The agreement was formalized in November at the BDO Corporate Center in Ortigas, Pasig.

Ayala Land sells stake in Alabang Town Center to Madrigal family

Property Context.ph Context.ph -
Ayala Land Inc. has sold its 50 percent stake in Alabang Town Center to its joint venture partner, the Madrigal family, for ₱13.5 billion.

New facility to cut risks for geothermal projects 

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) and the Land Bank of the Philippines have signed a memorandum of agreement to operationalize the Philippine Geothermal Resource De-Risking Facility (PGRDF), a $170-million program aimed at reducing the financial risks of early-stage geothermal exploration.

Used battery recycling plant proposed in Tarlac

Environment Context.ph Context.ph -
Green Ecosphere Industries Inc. is proposing a lead recycling plant that can process about 2,040 metric tons of used batteries every month. The facility is expected to produce around 1,000 metric tons of recycled lead ingots monthly, or about 12,000 metric tons a year.

Globe, GCash test password-free login for safer transactions

Communications & Technology Context.ph Context.ph -
Globe Telecom and GCash have completed the first phase of testing for silent network authentication (SNA), a new technology designed to make digital transactions safer and easier for users.
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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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