Context.ph

5738 POSTS

AyalaLand Logistics’ 9-mo. profit drops on slower land sales

AyalaLand Logistics Holdings Corp. (ALLHC), a subsidiary of Ayala Land Inc., reported an 86 percent drop in net income to ₱81 million for the first nine months of 2025, down from ₱617.5 million a year earlier, as demand for industrial land weakened.

New livelihood hub aims to create 500,000 jobs

Grab Philippines and MOVE IT, in partnership with the Department of Information and Communications Technology (DICT), have opened the Asenso Center in Marikina City—the first livelihood hub of its kind in Grab’s Southeast Asia network.

PXP Energy reports higher 9-mo. losses

Oil and gas firm PXP Energy Corp. reported a net loss of ₱32.8 million for the first nine months of 2025, almost double last year’s ₱17.8 million for the same period.

President Marcos signs law banning POGOs nationwide

President Ferdinand R. Marcos Jr. has signed Republic Act No. 12312, also known as the Anti-POGO Act of 2025, formally banning Philippine offshore gaming operators (POGOs) across the country.

DOE launches streamlined permitting initiative for energy projects in Siquijor

The Department of Energy (DOE) has launched a program to simplify the permitting process for energy infrastructure projects nationwide. As part of the initiative, the agency unveiled a standard ordinance template for local government units (LGUs) in Siquijor on Thursday.

Just in

Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
spot_img