Thursday, 25 September 2025, 2:22 am

    Context.ph

    10807 POSTS

    IMI sells Czech subsidiary to Keboda Group

    Integrated Micro-Electronics, Inc. said it has completed the sale of its wholly-owned unit Integrated Micro-Electronics Czech Republic s.r.o. to Keboda Deutschland GmbH & Co. KG. The deal valued the  Czech unit at EUR10.03 million, an amount subject to post-closing adjustment.

    Metrobank 1H net profit rises 5% to P24.8B

    Metropolitan Bank & Trust Co. (Metrobank) reported a 5 percent growth in net income of P24.8 billion in the first half of 2025, driven by strong loan growth, rising margins, and higher trading gains. 

    Insurer clinches top honor at 2024 Insurance Asia Awards

    The Insurance Asia Awards has once again named Insular Life (InLife) as Domestic Life Insurer of the Year – Philippines, marking the company’s ninth win in the category.

    Insurer reaffirms trust with P2.3B in benefit payouts

    Life insurer Pru Life UK reported disbursing more than P2.3 billion in benefit payouts in 2024, including P1.2 billion in death benefits and P1.052 billion in living benefits, reflecting the company’s financial strength and growing role in safeguarding over two million Filipino policyholders.

    BSP keeps cautious inflation outlook, signals steady policy path

    The Bangko Sentral ng Pilipinas (BSP) has maintained a largely unchanged inflation outlook in its July 2025 price survey, projecting the headline rate to remain within a modest range of 0.5 percent to 1.3 percent, reflecting subdued price pressures and a cautious monetary stance.

    Just in

    DPWH chief targets P5B in corruption-linked assets

    Public Works Secretary Vince Dizon has asked the Anti-Money Laundering Council (AMLC) to freeze over P474.5 million worth of luxury vehicles allegedly owned by individuals connected to anomalous flood control projects.

    SMC alerts public on scams using CEO Ramon Ang’s name

    San Miguel Corp. (SMC) has renewed warnings about fraudulent schemes exploiting the name and likeness of its chairman and CEO, Ramon S. Ang, for profit. Scammers are circulating deepfake videos on social media platforms like TikTok, Facebook, and Instagram, digitally altering Ang’s image and voice to deceive people into clicking malicious links and transferring money.

    PBBM eyes longer rice import ban, higher tariff

    President Ferdinand Marcos Jr. is moving to tighten the country’s rice import policy by extending the current two-month import suspension and raising tariffs on foreign rice, in a bid to stabilize palay prices and protect Filipino farmers during the peak of the harvest season.

    Philippines, Ukraine deepen security, trade cooperation

    The Philippines and Ukraine committed to bolstering their strategic partnership amid growing global security threats, during a high-level forum on Tuesday, co-hosted by the Stratbase Institute and the Embassy of Ukraine in the Philippines.
    spot_img