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ROP global bond proceeds help push February BOP into surplus

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In a notable reversal, the country's balance of payments (BOP), or what is left after the country's foreign currency denominated obligations are deducted from its earnings, reverted to a surplus of USD3.1 billion in February, contrasting sharply against the USD196 million deficit recorded in the same month last year.

Ride-hailing firms manage contingent driver risks with AXA, Philinsure cover

Banking & Insurance Context.ph Context.ph -
Grab Philippines and motorcycle taxi platform MOVE IT have tapped AXA Philippines and PhilPacific Insurance Brokers & Managers, Inc. (Philinsure) to strengthen the social protection of their driver, delivery, and rider-partners.

Globe unit seeks wide adoption of Open RAN tech in PH

Transport & Logistics Context.ph Context.ph -
Globe Business, the ICT arm of Globe Telecom, has teamed up with the Asia Open RAN Academy (AORA) to fast-track the adoption of Open Radio Access Network (Open RAN) technology in the Philippines.

US Fed holds rates, awaits impact of policy changes

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The US Federal Reserve decided on Wednesday to keep its benchmark interest rates unchanged, as it awaits new developments that could reshape the economic outlook and inflation trajectory.

PSE eases public float rule to boost liquidity for large IPOs

Corporate Context.ph Context.ph -
The Philippine Stock Exchange Inc. (PSE) has received approval from the Securities and Exchange Commission (SEC) to temporarily relax the minimum public float requirement for companies raising over P5 billion, such as Globe Fintech Innovations Inc. (Mynt), which owns GCash.
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SC rejects Senator Dela Rosa’s TRO plea

Context Dispatch 0
The Supreme Court, by a vote of 9-5, with one abstention, denied Senator Ronald “Bato” Dela Rosa’s plea for a temporary restraining order (TRO). Senator dela Rosa earlier sought to block the Department of Interior and Local Government, Department of Justice, Philippine National Police, Armed Forces, and other agencies from arresting him under any International Criminal Court warrant, Interpol red notice, or foreign judicial action without a Philippine court order. The ruling addresses only interim relief; main case issues remain pending, with full opinions to be released May 25.

Alsons Power turns Sarangani diesel plant into 98.7 MW solar facility

Energy & Mining 0
Alsons Power has announced a major shift toward green energy by converting its 55-megawatt (MW) diesel power plant in Alabel, Sarangani, into a 98.7-megawatt solar power facility.

Globe bolsters Philippine ASEAN 2026 hosting with major connectivity push

Corporate Bulletins 0
The Philippines successfully hosted the first quarter of the 2026 ASEAN-related events backed by a massive digital infrastructure push from telecom giant Globe, marking a significant milestone in public-private collaboration for national development. Working in tight coordination with the Department of Information and Communications Technology, the National Telecommunications Commission, and the ASEAN National Organizing Council, Globe proactively deployed free mobile signal enhancements, optimized network capacities, and rolled out targeted 5G coverage across key venues in Metro Manila, Cebu, Bohol, Iloilo, and Boracay. This nationwide initiative ensured that international delegates, organizers, and media experienced seamless, high-speed communication throughout the high-profile regional summits.

Most Filipinos lack emergency savings despite rising financial literacy

Banking & Insurance 0
A stark divide has emerged between what Filipinos know about money and how much they have actually saved, prompting proactive workplace interventions. According to the Bangko Sentral ng Pilipinas 2025 Consumer Finance and Inclusion Survey, basic financial literacy among Filipino adults has risen to 74 percent, up from 69 percent in 2021. However, this knowledge has not yet translated into financial security, as a worrying 30 percent of Filipinos report having enough savings to weather an emergency or sudden income loss, and fewer than half are satisfied with their current financial state.
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