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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.

Stock transactions seen surging seven-fold following Capital Market Efficiency Act

Corporate Context.ph Context.ph -
The Philippine stock market is poised for a significant boom, with transactions expected to increase by seven times once the Capital Market Efficiency Promotion Act (CMEPA) is signed into law, according to Frederick Go, Special Assistant to the President for Investment and Economic Affairs Secretary.

Philippines rice imports expected to drop in Q1

Top News Context.ph Context.ph -
The total volume of rice the Philippines will import in the first quarter is likely to be significantly lower compared to the same period in 2024, as local farmers begin the harvest season and traders hold off on imports, awaiting further softening of global prices.

Global Ferronickel reports 59.5% profit decline in 2024

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Global Ferronickel Holdings Inc. (FNI) has reported a significant 59.5 percent drop in net income for 2024, reaching P733.78 million, down from P1.8 billion in 2023.

Basic Energy gets green light for 62MW Mariveles Solar Power project

Energy & Mining Context.ph Context.ph -
Basic Energy Corp. said Wednesday that the Department of Energy has granted the listed energy company a Certificate of Authority for the Mariveles Solar Power Project.
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AIIB lends $300M to ICTSI for Philippine port projects

Banking & Insurance 0
The Asian Infrastructure Investment Bank (AIIB) has approved a USD300 million senior unsecured corporate loan to International Container Terminal Services Inc. (ICTSI), marking its first non-sovereign-backed deal in the Philippines and signaling rising investor confidence in the country’s logistics infrastructure.

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.
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