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    Robinsons Retail raises stake in BPI to 6.8% for P19.7B

    Corporate Context.ph Context.ph -
    Robinsons Retail Holdings Inc. raised its stake in Bank of the Philippine Islands to 6.8% by purchasing an additional 4.4% of the lender for...

    Philippines on track towards meeting forecast 7.2% growth in 2022 – World Bank

    Top News Context.ph Context.ph -
    The Philippines is on track towards achieving growth in 2022 averaging 7.2 percent in terms of the gross domestic product, the World Bank said in the January 2023 iteration of its Global Economic Prospects report.

    Malacañang to make permanent  joint memo facilitating quick telco tower construction

    Transport & Communications Context.ph Context.ph -
    The Private Sector Advisory Council (PSAC) has convinced Malacañang to make permanent a soon-to-expire joint agreement making it easier for the telecommunications companies to build telco towers helping speed up the country’s drive towards the digitalization of transactions.

    Philippine Business Bank Completes P1.25B Private Placement, Gears Up For P500M Rights Offer

    Banking & Insurance Context.ph Context.ph -
    Philippine Business Bank said on Friday that the subscription to 125 million shares that were privately placed last year with the bank’s principal shareholders have been completed, setting up the second part of a plan to raise its authorized capital by P1.75 billion and increase lending activity.

    SMC unit to provide 350,000 Bulacan households affordable drinking water by Q1 2025 

    Corporate Context.ph Context.ph -
    San Miguel Corporation (SMC), through its Luzon Clean Water Development Corp. (LCWDC), will make available affordable water from the Angat reservoir to more than...
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    San Miguel expands ‘backyard bukid’ farms nationwide

    Agriculture 0
    San Miguel Corporation (SMC), through its San Miguel Foundation (SMF), has expanded its community farming initiative Backyard Bukid to six sites nationwide, with plans to establish at least three new locations annually as part of a broader push to improve food access and support livelihoods in low-income communities.

    Agri loss from habagat, Crising, Dante & Emong nears ₱500M

    Agriculture 0
    The Department of Agriculture (DA) on Thursday reported that agricultural losses due to the southwest monsoon (habagat) and tropical cyclones Crising, Dante, and Emong have reached ₱454.12 million, based on the latest update from its Disaster Risk Reduction and Management Operations Center.

    Budget deficit widens in June on higher spending, slower revenue growth

    Top News 0
    The budget deficit widened to P241.6 billion in June, up 15.6 percent from P209.1 billion last year as spending outpaced revenue growth, the Bureau of the Treasury said on Thursday.

    Basic Energy to allot P300M for RE project pre-development

    Energy 0
    Basic Energy Corp. is preparing to invest up to P300 million over the next two to three years to fund pre-development activities for its solar and wind energy projects, according to company president and CEO Oscar De Venecia Jr.
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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

    Makati Finance declares stock, cash dividends

    0
    Makati Finance Corp., a listed lending company, said its board has  declared both stock and cash dividends to reward its shareholders.
    Agriculture

    San Miguel expands ‘backyard bukid’ farms nationwide

    0
    San Miguel Corporation (SMC), through its San Miguel Foundation (SMF), has expanded its community farming initiative Backyard Bukid to six sites nationwide, with plans to establish at least three new locations annually as part of a broader push to improve food access and support livelihoods in low-income communities.
    Agriculture

    Agri loss from habagat, Crising, Dante & Emong nears ₱500M

    0
    The Department of Agriculture (DA) on Thursday reported that agricultural losses due to the southwest monsoon (habagat) and tropical cyclones Crising, Dante, and Emong have reached ₱454.12 million, based on the latest update from its Disaster Risk Reduction and Management Operations Center.
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