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Tuesday, 11 November 2025, 6:21 am

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    DPWH drops P252B flood projects in 2026 budget revamp

    Top News Context.ph Context.ph -
    Public Works Secretary Vince Dizon has removed P252 billion in locally-funded flood control projects from the Department of Public Works and Highways’ (DPWH) proposed 2026 budget, following President Ferdinand Marcos Jr. 's directive to reallocate funds to more essential sectors.

    Philippines edges out Indonesia in startup capital race

    Corporate Context.ph Context.ph -
    For the first time, the Philippines has surpassed Indonesia in startup funding, raising US$86.4 million in the first half of 2025, according to the SEA Startup Funding Report H1 2025 by DealStreetAsia and Kickstart Ventures. 

    Philcement selling 15% stake to Japan’s Sumitomo Cement

    Corporate Context.ph Context.ph -
    Philcement Corp., a unit of Phinma Corp., announced on Wednesday that it has signed a share subscription agreement with Japan-based Sumitomo Osaka Cement Co. Ltd., for the sale of a 15 percent stake through the issuance of primary shares.

    Romualdez resigns as Speaker amid flood control controversy

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    Leyte Rep. Ferdinand Martin Romualdez resigned Wednesday as Speaker of the House, citing the need to restore public trust amid allegations tied to flood control projects personally flagged by President Ferdinand Marcos Jr. 

    SM Leisure to soon deliver Horizon Terraces villas, condos

    Property Context.ph Context.ph -
    SM Leisure Resort Residences, a unit of property developer SM Prime Holdings, is set to complete Horizon Terraces within Tagaytay Highlands, with Scottsdale Villas scheduled for turnover in December 2025 and Redstone Condominiums in March 2026.
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    RCBC Credit Cards launches Travel Fair 2025 with exclusive deals, prizes

    Corporate Bulletins 0
    RCBC Credit Cards is inviting cardholders to plan their next big adventure at the RCBC Travel Fair 2025, happening November 13 to 16 at the South Wing Atrium of GH Mall. This year’s theme, “Adventure Unlimited,” highlights exclusive travel deals, raffle prizes, and special perks for RCBC cardholders—perfect for those planning trips through October 2026.

    SMFB posts 11% profit growth in first nine months

    Corporate 0
    San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of ₱33.7 billion for the first nine months of 2025, up 11 percent year-on-year, driven by strong performances across its food, beer, and spirits divisions.

    Typhoon-damaged Naga–Legazpi train line operations suspended

    Transport & Communications 0
    The Department of Transportation (DOTr) announced on Monday that train services along the Naga–Legazpi route have been temporarily suspended after a bridge was damaged by the super typhoon that hit on November 9.

    Fuel prices up again except for kerosene

    Energy 0
    Motorists will face another round of fuel price hikes starting Tuesday morning, with oil firms announcing increases of ₱0.50 per liter for gasoline and ₱1.00 per liter for diesel.
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    Context.ph

    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Corporate

    SM Prime’s Q3 profit rises 8% on strong mall, convention center performance

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    SM Prime Holdings Inc. reported an 8 percent increase in net income to ₱12.8 billion for the third quarter, up from ₱11.8 billion a year earlier, driven mainly by its mall and convention center businesses.
    Corporate Bulletins

    RCBC Credit Cards launches Travel Fair 2025 with exclusive deals, prizes

    0
    RCBC Credit Cards is inviting cardholders to plan their next big adventure at the RCBC Travel Fair 2025, happening November 13 to 16 at the South Wing Atrium of GH Mall. This year’s theme, “Adventure Unlimited,” highlights exclusive travel deals, raffle prizes, and special perks for RCBC cardholders—perfect for those planning trips through October 2026.
    Corporate

    SMFB posts 11% profit growth in first nine months

    0
    San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of ₱33.7 billion for the first nine months of 2025, up 11 percent year-on-year, driven by strong performances across its food, beer, and spirits divisions.
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