Context.ph

4364 POSTS

MAP backs Pax Silica with safeguards for national interest

The Management Association of the Philippines (MAP) has thrown its support behind the proposed Pax Silica Initiative, calling it one of the country's biggest economic opportunities in decades while urging the government to negotiate from a position of strength and ensure robust safeguards protect national interests.

Temasek-backed deal lifts Philippine AI startup ambitions

A strategic investment by Singapore's Temus in Filipina-founded Thinking Machines Data Science is reinforcing investor confidence in Philippine-built artificial intelligence, as demand for enterprise AI solutions accelerates across Southeast Asia.

MREIT earnings climb as dividends rise on expansion

MREIT Inc., the real estate investment trust backed by Megaworld Corp., posted a robust first-half performance as recent acquisitions, higher occupancy, and tighter cost controls combined to lift earnings and support bigger shareholder payouts despite a challenging operating environment.

PAGCOR revenue falls as gaming slowdown cuts earnings

The Philippine Amusement and Gaming Corporation (PAGCOR) posted a sharp decline in first-half revenues as softer gaming activity, particularly in its electronic gaming business, offset continued growth in government remittances.

RCBC profit slips as loan growth stays resilient

Rizal Commercial Banking Corp. (RCBC) weathered a more volatile operating environment in the first half of 2026, posting lower earnings after setting aside bigger provisions against potential credit risks even as its core lending business continued to gather momentum.

Just in

BIR cracks down on unregistered sabong betting systems; 297 machines, devices flagged

The Bureau of Internal Revenue (BIR) conducted simultaneous enforcement operations on 11 cockpit arenas on August 8, 2026, and found 297 betting machines, computerized betting units, servers, and other devices without the required Permit to Use (PTU) and not appearing in BIR records. These were sealed or confiscated, as warranted under existing rules.

APECO eyes defense hub on Pacific seaboard 

The Aurora Pacific Economic Zone and Freeport Authority is positioning its sprawling economic zone in Casiguran, Aurora as a potential defense-industrial hub as the Philippines strengthens strategic infrastructure along its Pacific seaboard.

DTI targets P1B sales from trade fairs

The Department of Trade and Industry is targeting more than P1 billion in sales from national trade fairs this year as it expands government-led marketplaces designed to connect Filipino micro, small, and medium enterprises with domestic and international buyers.

GSIS allocates  ₱4.4 billion in emergency loans for typhoon-hit areas 

The Government Service Insurance System (GSIS) has set aside nearly ₱4.4 billion in emergency loan assistance for 166,789 active members as well as old-age and disability pensioners across nine areas in Luzon reeling from recent typhoons and the southwest monsoon.
spot_img