Context.ph

6533 POSTS

GrabTrike turns one in Zamboanga with digital push

Grab Philippines has marked the first anniversary of GrabTrike operations in Zamboanga with the local expansion of its flagship livelihood initiative, Grab Asenso: A Digital Diskarte Program. The initiative focuses on equipping traditional transport workers—particularly tricycle drivers—with digital tools and skills to improve their services and boost daily income.

Meralco on high alert as Super Typhoon Nando nears

The Manila Electric Company (Meralco) has assured customers that its response teams are ready to address power-related issues as Super Typhoon Nando (international name: Ragasa) brings heavy rains and potential flooding to parts of its franchise area. With tropical cyclone warning signals raised and intensified southwest monsoon rains expected, Meralco said it is closely monitoring the weather to ensure swift action.

SPNEC approves capital restructuring, secures new loan

SP New Energy Corp. (SPNEC), a publicly listed renewable energy firm, announced that its board of directors has approved a capital restructuring and quasi-reorganization involving its affiliate, Solar Philippines Tarlac Corp. (SPTC), as well as the creation of a security interest over SPTC shares tied to a new loan facility.

Megawide hikes dividend policy  to 50% 

Megawide Construction Corp. announced that its board of directors has approved a revised dividend policy, increasing the percentage of net income allocated for dividends. Under...

A nation unsettled: Protests, Violence and a reckoning in Manila

On Sunday, September 21, tens of thousands of Filipinos flooded Manila’s most iconic protest sites—Luneta, Liwasang Bonifacio, and the EDSA People Power Monument—with a singular demand: accountability for systemic corruption in government.

Just in

ASEAN signs digital pact targeting $2T economy by 2030

ASEAN trade ministers have signed a landmark Digital Economy Framework Agreement (DEFA), establishing common rules for online commerce, digital payments and cross-border data flows in a bid to double Southeast Asia’s digital economy to USD2 trillion by 2030.

Philippines, Canada conclude FTA talks, target 2027 signing

The Philippines and Canada have concluded negotiations for a bilateral free trade agreement (FTA), setting the stage for expanded market access, greater investment flows and new opportunities for exporters, service providers and small businesses.

ADB: ASEAN needs USD7.1T for infrastructure, bankable projects lag

Southeast Asia needs an estimated USD7.1 trillion in infrastructure investment through 2040, but a shortage of commercially viable projects is preventing governments from mobilizing enough private capital to meet the region’s growing needs, Asian Development Bank (ADB) President Masato Kanda said Saturday.

A week of unfortunate events: Ay, naku!

If the past week's tea leaves had a message, it was this: ay, naku. The economy served up a one-two punch of sluggish growth and runaway prices, then appeared to ask whether we wanted seconds. Monday brought third-quarter GDP growth of 2.1 percent, down from 2.4 percent in the previous quarter and below the 2.8 percent consensus forecast. That marked five consecutive quarters of slowing growth and the weakest performance since the pandemic. October inflation, meanwhile, averaged 7.8 percent. Some wanted the monetary authorities to wield a bigger stick through a jumbo rate hike. Tame prices without choking an already parched economy? Sige, good luck. With stocks around 5,600 and the peso near P64 to the dollar, even sharply cheaper gasoline felt less like salvation than a promo expiring next week.
spot_img