Context.ph

1647 POSTS

EastWest Bank reports record net income of P7.6B for 2024

EastWest Banking Corp. posted record-high net income of P7.6 billion for 2024, a 25 percent increase over the year prior.

CALAX Governor’s Drive Interchange on track for completion this year

MPCALA Holdings Inc., a subsidiary of Metro Pacific Tollways Corp. (MPTC), is on track to complete the Cavite-Laguna Expressway (CALAX) Governor’s Drive Interchange in the second half of 2025, a milestone expected to enhance regional connectivity and push economic expansion.

Robust sales push Ayala Land income 15% higher in 2024

Ayala Land Inc. reported a strong financial performance for 2024, with net income climbing 15 percent to P28.33 billion, up from P24.5 billion the previous year.

Aramco acquiring 25% stake in Unioil

Unioil Petroleum Philippines, Inc. has entered into a definitive investment agreement with Aramco.  Under the agreement, Aramco, one of the world’s leading integrated energy and chemicals companies, will acquire a 25 percent stake in Unioil, one of the largest petroleum players in the Philippines.  

Metrobank posts record P48.1B net income in 2024

Metrobank achieved a record P48.1 billion in net income for 2024, marking a 14 percent year-on-year increase. This was driven by a strong asset...

Just in

T-Bill yields surge amid inflation, policy concerns 

Philippine Treasury bill yields climbed again at Monday’s auction, fueled by inflation concerns, tighter monetary policy expectations, and geopolitical uncertainties.

Sugar surplus grows as local demand weakens— PSMA

The Philippine Sugar Millers Association (PSMA) said the country currently has enough refined sugar supply, even as demand for locally produced sugar has weakened.

Visayas grid on yellow alert again amid power plant outages

The Visayas power grid was placed under yellow alert on Monday, marking the sixth alert for the region this month due to ongoing power plant outages and reduced electricity supply.

PAL, Qatar Airways expand partnership to boost Philippines–Europe travel links and loyalty benefits

The Philippine Airlines and Qatar Airways have expanded their strategic partnership to make travel between the Philippines, the Middle East, and Europe more seamless starting June 1, 2026.
spot_img