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Friday, 16 May 2025, 12:27 am

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    Cebu Bus Rapid Transit (BRT) seen fully operational by 2025

    Transport & Communications Context.ph Context.ph -
    President Ferdinand Marcos Jr. and Transportation Secretary Jaime Bautista on Monday broke ground to signal the start of the construction of the Cebu Bus Rapid...

    Makati shuts down Smart main office over P3.2-B tax deficiency

    Banking & Insurance Context.ph Context.ph -
    The Makati City Government on Monday issued a closure order against Smart Communications Inc. for operating without a business permit since 2019.  Smart has failed...

    Philex Mining 2022 net profit down on higher cost, lower mine output

    Corporate Context.ph Context.ph -
    Philex Mining Corp., the country’s largest gold and copper producer, said Monday net profit in 2022 dropped 26 percent year-on-year to P1.8 billion, hurt...

    AREIT 2022 net profit rise to P2.9B despite higher interest rates

    Corporate Context.ph Context.ph -
    AREIT, Inc., the real estate investment trust of the Ayala Group, posted a full-year net income P2.9 billion for 2022, up 32 percent from...

    BDO more than doubles quarterly cash dividend; 2022 net profit up 33% 

    Corporate Context.ph Context.ph -
    BOO Unibank Inc., the Philippines’ largest bank by assets, revised its dividend policy and raised its quarterly dividend substantially to P0.75 a share, starting...
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    Higher electricity sales power 8% profit rise for CREC

    Corporate 0
    Citicore Renewable Energy Corp. (CREC) reported an 8 percent increase in net income for the first quarter of 2025, rising to ₱230 million from ₱213 million last year, buoyed by a sharp uptick in electricity sales.

    DOE urges fair insurance premium for transitioning coal plants

    Energy 0
    The Department of Energy (DOE) is calling on insurance providers to offer more reasonable premium rates for coal-fired power plants, warning that disproportionate insurance costs threaten the operational stability of power sources crucial to the national energy mix.

    MSpectrum, Landers expand solar partnership with Cebu, QC Projects

    Corporate Bulletins 0
    MSpectrum Inc., the renewable energy arm of Manila Electric Co. (Meralco), is deepening its collaboration with Southeast Asia Retail Inc., the operator of Landers Superstore, with the rollout of two new solar rooftop installations in Cebu and Quezon City.

    FNI Q1 profit soars on higher shipments, nickel prices

    Corporate 0
    Global Ferronickel Holdings Inc. (FNI), one of the country’s leading nickel producers, posted a 1,567 percent surge in net income for the first quarter of 2025 totaling P177.3 million, from just P10.63 million a year earlier, as higher shipment volumes and stronger nickel prices buoyed performance.
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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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    Manulife wins Digital CX Award

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    Manulife Philippines, the local arm of Canadian financial services giant Manufacturers Life Insurance Co., has been named Outstanding Digital CX – Life Insurance winner at the Digital CX Awards 2024 in Singapore, a prestigious recognition organized by The Digital Banker.
    Corporate

    Higher electricity sales power 8% profit rise for CREC

    0
    Citicore Renewable Energy Corp. (CREC) reported an 8 percent increase in net income for the first quarter of 2025, rising to ₱230 million from ₱213 million last year, buoyed by a sharp uptick in electricity sales.
    Energy

    DOE urges fair insurance premium for transitioning coal plants

    0
    The Department of Energy (DOE) is calling on insurance providers to offer more reasonable premium rates for coal-fired power plants, warning that disproportionate insurance costs threaten the operational stability of power sources crucial to the national energy mix.
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