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SMC, Quezon City in pact expanding flood control, river rehab efforts

Environment Context.ph Context.ph -
San Miguel Corp. (SMC) has formalized a partnership with the Quezon City government in a newly signed memorandum of agreement (MOA) to scale up flood control and river rehabilitation efforts under its Better Rivers PH program.

Sinar Mas and First Gen form strategic geothermal alliance

Corporate Bulletins Context.ph Context.ph -
PT DSSR Daya Mas Sakti (DSSR), a subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) under Indonesia’s Sinar Mas Group, has entered into a joint venture agreement with PT FirstGen Geothermal Indonesia, a subsidiary of the Philippines-based Energy Development Corporation (EDC), part of First Gen Corporation. 

Cityland, LAND merger approved to form P3.8B firm

Corporate Context.ph Context.ph -
Cityland Development Corp. (CDC) said Tuesday that its board has approved a proposed merger with its subsidiary, City & Land Developers Inc. (LAND), with CDC as the surviving entity, subject to shareholder and regulatory approvals.

BSP adopts new format for policy decision announcements

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP) will implement a new format for announcing monetary policy decisions starting Thursday, 28 August 2025, aligning with international best practices in more advanced jurisdictions.

BOC seizes over ₱600M worth of illicit cigarettes in Bulacan raid

Context Dispatch Context.ph Context.ph -
The Bureau of Customs (BOC) on Wednesday reported the seizure of approximately ₱605.29 million worth of smuggled cigarettes bearing markings from China and Vietnam during a warehouse raid in Plaridel, Bulacan.
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Philip Morris counts Philippines as key sourcing, manufacturing hub

Agriculture 0
Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.

FAA grounds US flights over nationwide communications failure

Top News 0
The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.

Philippines flirts with stagflation as growth stalls, prices surge

Opinion 0
The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting

ASEAN digital push puts MSMEs at heart of regional growth

Economy 0
Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.
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