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2020 POSTS

SSS fast-tracks pension hike, releases P6B early

Banking & Insurance Context.ph Context.ph -
The Social Security System (SSS) has accelerated the rollout of a scheduled pension increase, releasing an estimated P6 billion in additional benefits to 4.1 million pensioners three months ahead of schedule as the government moves to ease the burden of rising living costs.

ESEC gets green light for 98.2 MW Capiz solar project

Energy & Mining Context.ph Context.ph -
EcoSolar Energy Corp. (ESEC), a member of the Yuchengco Group, has secured an Environmental Compliance Certificate (ECC) for its 98.20 MW solar plant in Panitan, Capiz.

PFI Group surpasses ₱100 billion in total claims paid

Banking & Insurance Context.ph Context.ph -
Philippines First Insurance Group (PFI Group), a leading insurance and healthcare conglomerate, has paid out over ₱100 billion in claims, serving as a critical financial safety net for more than 4.5 million policyholders. Reaching this milestone coincides with the 120th anniversary of its core brand, PhilFirst, and highlights the group’s long-standing role in the national economy alongside its subsidiaries PhilLife, PhilCare, and PhilPlans.

PAL names new independent directors to boost growth strategy

Corporate Context.ph Context.ph -
The Philippine Airlines (PAL) announced on Tuesday the appointment of corporate leader Edgar O. Chua and seasoned aviation executive Datuk Captain Izham Ismail as independent directors, effective June 1, 2026.

Smart bets on personalized plans and 5G to counter slowdown

Communications & Technology Context.ph Context.ph -
PLDT Inc. said Tuesday its wireless unit, Smart Communications Inc., will rely on tailored data solutions and faster 5G adoption to drive growth amid a broader industry slowdown. Moving away from standard packages, Smart now uses advanced analytics to create customized plans matched to each user’s needs and budget. Smart co-OIC Lloyd Manaloto noted this approach lets them deliver the right service at the right time, while PLDT COO Menardo G. Jimenez highlighted how targeted offers help counter slower growth.
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Discovery Capital secures loan to widen reach, boost financial inclusion

Banking & Insurance 0
Discovery Capital Finance Corp. has secured a credit facility with Union Bank of the Philippines, part of the Aboitiz group, to speed up its expansion across the country.

EastWest Bank expands priority banking for affluent clients amid strong growth

Banking & Insurance 0
East West Banking Corp. is set to grow its priority banking network and services, following a 40 percent rise in assets under management to P120 billion last year. CEO Jerry G. Ngo announced the bank will increase priority banking branches nationwide from 13 to 20 in the coming years.

Silent senators forfeit democracy’s mantle

Opinion 0
The Senate has been regarded as the last bastion of democratic dissent—a chamber where statesmen stood their ground, challenged power, and refused to let their voices be drowned out by political pressure or executive overreach. It was where difficult questions were asked, unpopular truths were spoken, and silence was treated not as a virtue but as a surrender.

Minority senators seek Cayetano exit over Senate shutdown

Context Dispatch 0
The Senate minority bloc on Tuesday called on Senate President Alan Peter Cayetano to resign, him of abandoning his responsibilities, neglecting his duties, and disregarding Senate rules by halting the chamber’s proceedings. In a sharply worded statement, minority senators argued that the Senate “cannot be made to stop working because its presiding officer refuses to lead,” stressing that legislative work must continue regardless of political disputes. The bloc also maintained that Senate rules require the Senate President to consult both majority and minority leaders before postponing a session, alleging that such consultation did not take place.
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