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    STI Holdings boosts earnings on higher enrollment

    Corporate Context.ph Context.ph -
    Listed private school owner STI Holdings on Thursday post a net profit of P223.4 million for the six months ended December 31, 2022, four...

    Telco builds above-target cell sites in 2022

    Transport & Communications Context.ph Context.ph -
    Globe, rated as the lead digital solutions platform, exceeded its 2022 target of building cell sites as it connected more consumers and businesses nationwide. The...

    Aboitiz unit addresses learning loss crisis

    Markets Context.ph Context.ph -
    City Savings Bank, Inc. (CitySavings), the thrift bank arm of Aboitiz-led UnionBank of the Philippines (UnionBank), has partnered with Thames International School to address...

    Lance Gokongwei to sit on BPI advisory council

    Markets Context.ph Context.ph -
    Bank of the Philippine Islands, the country’s third largest lender by assets, announced Thursday the appointment of independent director Janet Guat Har Ang as...

    Government aviation unit marks 28 years, now debt-free

    Transport & Communications Context.ph Context.ph -
    Clark International Airport Corp. (CIAC), which recently celebrated its 28th anniversary, has remitted dividends to the national treasury and paid all of its bank loans.
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    Maynilad welcomes 10-year RCA extension

    Corporate 0
    Maynilad Water Services Inc. on Thursday lauded the Economic Development Council’s (ED Council) approval of a 10-year extension of the Revised Concession Agreement (RCA) with Metro Manila’s water concessionaires, allowing the company to operate until January 2047.

    DigiPlus eyes global markets with strategic executive appointments

    Corporate 0
    DigiPlus Interactive Corp. has expanded its executive leadership team, appointing Tommy Hu as chief executive officer and Rick Li as chief digital officer, signaling its push for global market penetration and deeper digital innovation in the face of intensifying domestic competition in online gaming.

    First solar school powered under P1.3B electrification drive

    Energy 0
    The National Electrification Administration (NEA) and the Department of Education (DepEd) have energized the new solar power facility at Datu Saldong Domino Elementary School in Sitio Tagpangi, Buenavista, Agusan del Norte—marking the first installation under the government’s P1.295-billion Last Mile Schools electrification program.

    ERC cites market, peso strength in power rate cuts

    Energy 0
    The Energy Regulatory Commission (ERC) on Thursday reported a decline in average power generation rates across 15 of 17 regions in May this year, citing favorable conditions at the Wholesale Electricity Spot Market (WESM), a drop in imported coal prices, and a stronger peso.
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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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    Agriculture

    DAR appeals ₱28-B Hacienda Luisita payout order

    0
    The Land Bank of the Philippines on Thursday said the Department of Agrarian Reform (DAR) had asked the Court of Appeals in May to reconsider its order requiring the government to pay just compensation of ₱28.48 billion to Hacienda Luisita Inc. (HLI). The order arose from a Supreme Court ruling mandating the distribution of 4,500 hectares of land under the Comprehensive Agrarian Reform Program (CARP).
    Corporate

    Maynilad welcomes 10-year RCA extension

    0
    Maynilad Water Services Inc. on Thursday lauded the Economic Development Council’s (ED Council) approval of a 10-year extension of the Revised Concession Agreement (RCA) with Metro Manila’s water concessionaires, allowing the company to operate until January 2047.
    Corporate

    DigiPlus eyes global markets with strategic executive appointments

    0
    DigiPlus Interactive Corp. has expanded its executive leadership team, appointing Tommy Hu as chief executive officer and Rick Li as chief digital officer, signaling its push for global market penetration and deeper digital innovation in the face of intensifying domestic competition in online gaming.
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