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Thursday, 13 November 2025, 8:53 am

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    Engineers using fake licenses face LTO summons

    Transport & Communications Context.ph Context.ph -
    The Department of Transportation (DOTr) has directed the Land Transportation Office (LTO) to summon two engineers from the Department of Public Works and Highways (DPWH) for allegedly using falsified driver's licenses to gain entry into casinos—an act revealed during a recent Senate investigation into flood control projects.

    Senators elect Sotto as new Senate President

    Context Dispatch Context.ph Context.ph -
    The Senate on Monday elected Senator Vicente "Tito" Sotto III as its new president, replacing Senator Francis Escudero, who has recently faced controversy over alleged links to a contractor involved with the Department of Public Works and Highways.

    T-Bill yields drop further after recent rate cut

    Markets Context.ph Context.ph -
    Yields on Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ (BSP) recent interest rate cut and expectations of further monetary easing.

    PRU Life UK claims top PH insurer slot in first-half

    Banking & Insurance Context.ph Context.ph -
    Pru Life UK emerged as industry leader in the Philippine insurance sector for the first half of 2025, securing the top position in new business premiums, according to the latest report from the Insurance Commission.

    MCBL launches insurance plan with long-term benefits

    Banking & Insurance Context.ph Context.ph -
    Manulife China Bank Life (MCBL) has introduced Manulife GoalReady, a peso-denominated variable unit-linked (VUL) insurance plan designed to help Filipinos build a financially secure future through flexible life insurance coverage and a range of investment options.
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    Just in

    IBM soar on quantum computing breakthroughs

    Markets 0
    Shares of International Business Machines (IBM) surged to a record high Wednesday after the tech giant unveiled major quantum computing breakthroughs at its Quantum Developer Conference, signaling a leap toward commercial quantum advantage by 2026 and fault-tolerant quantum systems by 2029.

    Repower Energy reports 33% revenue growth, doubles net income in nine months

    Corporate 0
    Local renewable energy developer Repower Energy Development Corp. (REDC) reported a strong financial performance for the first nine months of the year, posting a 33 percent increase in revenues to ₱526.7 million from ₱396.6 million in the same period last year.

    Marcos names Charlito Mendoza as new BIR chief

    Banking & Insurance 0
    President Ferdinand R. Marcos Jr. has appointed Finance Undersecretary Charlito Martin Mendoza as the new commissioner of the Bureau of Internal Revenue (BIR), replacing Romeo Lumagui Jr., who led the agency for three years.

    DMCI Power plans to double coal plant capacity in Palawan

    Energy 0
    DMCI Power Corp. is planning to expand its coal-biomass power plant in Narra, Palawan, doubling its current 15-megawatt (MW) capacity by adding 15 MW.
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    MacroAsia 3Q profit up 9%, eyes strong 4Q

    0
    MacroAsia Corp., a listed unit of the Lucio Tan Group, reported a 9 percent rise in consolidated net income to up P384.3 million in the third quarter of 2025, powered by higher aviation service volumes, solid catering recovery, and steady water operations.
    Markets

    IBM soar on quantum computing breakthroughs

    0
    Shares of International Business Machines (IBM) surged to a record high Wednesday after the tech giant unveiled major quantum computing breakthroughs at its Quantum Developer Conference, signaling a leap toward commercial quantum advantage by 2026 and fault-tolerant quantum systems by 2029.
    Corporate

    Repower Energy reports 33% revenue growth, doubles net income in nine months

    0
    Local renewable energy developer Repower Energy Development Corp. (REDC) reported a strong financial performance for the first nine months of the year, posting a 33 percent increase in revenues to ₱526.7 million from ₱396.6 million in the same period last year.
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