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Sunday, 17 August 2025, 10:01 am

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    MPIC to invest in SPNEC

    Corporate Context.ph Context.ph -
    Metro Pacific Investments Corp. (MPIC) has entered into a definitive agreement to invest P2 billion to acquire 1.6 billion common shares of SP New...

    American firm to invest P4.35B in Clark EV assembly plant

    Corporate Context.ph Context.ph -
    American firm Envirotech Vehicles Inc. is spending up to $80 million (P4.35 billion) in a planned electric vehicle (EV) assembly plant in Clark, Pampanga.

    Puregold net income rises 13% on strong sari-sari store base 

    Corporate Context.ph Context.ph -
    Puregold Price Club Inc., the grocery chain operator led by businessman Lucio Co, on Tuesday reported net income in 2022 growing 13 percent to P9.3 billion from previous year’s P8.18 billion, mainly on higher sales from its growing chain.

    Passenger recovery allows Cebu Pacific to narrow 2022 loss

    Transport & Communications Context.ph Context.ph -
    Cebu Pacific reported a narrower 43.78 percent drop in losses last year as its passenger service continued to recover.  The Gokongwei-led airline said net loss...

    Land Bank bats for banking supremacy

    Banking & Insurance Context.ph Context.ph -
    Land Bank of the Philippines may overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders.
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    BSP unveils art exhibit on culture and capital

    Banking & Insurance 0
    The Bangko Sentral ng Pilipinas (BSP), in collaboration with the National Museum of the Philippines (NMP), has launched “Kultura. Kapital. Kasalukuyan. Contemporary Art from the BSP Collection”, at the National Museum of Fine Arts in Manila.

    Public-private pact powers Bacolod Rum Festival

    Corporate Bulletins 0
    The City Government of Bacolod and Tanduay Distillers Inc. have renewed their strategic partnership for the 5th Tanduay Bacolod Rum Festival, scheduled from 28 to 31 August, in alignment with the global observance of Rum Month.

    “We Are Not in Batanes”

    Corporate 0
    “We are not in Batanes,” said KONE Philippines managing director Peterri Kyrklund, contrasting the serene, undeveloped landscapes of the northern Philippine province with the rapidly urbanizing cities across the region. The quip came as KONE emphasized the pressing need to modernize aging vertical transport infrastructure in Asia-Pacific.

    Palay prices begin to rise ahead of Marcos import ban

    Agriculture 0
    Farm gate prices of palay have begun to rise in nearly half of the country’s key rice-producing regions, just a week after President Ferdinand Marcos Jr. announced a two-month suspension of rice imports starting September 1.
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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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    Corporate

    Abacore Capital reports 15% profit surge in 2024

    0
    Abacore Capital Holdings Inc. (PSE: ABA) reported a strong financial performance for 2024, with net income rising to ₱3.293 billion, up ₱429 million or nearly 15 percent from ₱2.864 billion in 2023. The company attributed this growth to a 35 percent increase in other income (₱3.458 billion), a reduction in administrative expenses to ₱155 million, and dividend income reaching ₱7.3 million.
    Banking & Insurance

    BSP unveils art exhibit on culture and capital

    0
    The Bangko Sentral ng Pilipinas (BSP), in collaboration with the National Museum of the Philippines (NMP), has launched “Kultura. Kapital. Kasalukuyan. Contemporary Art from the BSP Collection”, at the National Museum of Fine Arts in Manila.
    Corporate Bulletins

    Public-private pact powers Bacolod Rum Festival

    0
    The City Government of Bacolod and Tanduay Distillers Inc. have renewed their strategic partnership for the 5th Tanduay Bacolod Rum Festival, scheduled from 28 to 31 August, in alignment with the global observance of Rum Month.
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