Context.ph

6257 POSTS

OceanaGold Q3 profit rises 5% to $28.3M

OceanaGold (Philippines) Inc. grew its third-quarter net income by 5 percent to USD28.3 million as higher gold prices, improved by-product credits, and lower sustaining capital expenditures boosted margins and generated USD51.4 million in free cash flow at its Didipio gold-copper mine.

Maynilad 9-month profit rises 10% to P12.6B

Maynilad Water Services Inc. increased its net income by 10 percent to P12.6 billion in the first nine months of 2026, as higher billed water volume, improved network efficiency, and lower financing costs supported earnings despite elevated operating costs and inflationary pressures.

PEZA eyes 200 ecozones to draw investments to Luzon corridor

The Philippine Economic Zone Authority (PEZA) is tapping 200 economic zones along the Luzon Economic Corridor to attract manufacturing and technology investments, as the government seeks to strengthen the country’s position in regional supply chains and turn the Subic-Clark-Manila-Batangas route into a more integrated industrial hub.

China Bank Jan-Sep profit climbs 12% to P22.6B

China Banking Corp. (China Bank) grew its nine-month net income by 12 percent to P22.6 billion in 2026, as stronger lending activity and wider interest margins boosted core banking revenues while asset quality remained stable.

Free modern jeepney rides offered on two Metro Manila routes

Commuters on two major Metro Manila routes can save on daily travel costs with free modern jeepney rides from November 5 to 14 under a joint initiative of the Department of Tourism (DOT) and Department of Transportation (DOTr) ahead of the Philippine-hosted ASEAN Summit.

Just in

Metrobank earns P36.3B as loans drive growth

Metropolitan Bank & Trust Co. (Metrobank) grew its net income to P36.3 billion in the first nine months of 2026, as a 13-percent expansion in loans, improving lending margins, and stronger fee income sustained earnings growth despite an uncertain economic environment.

New Malampaya gas supply to temper import exposure

New Malampaya wells with estimated reserves of 222 billion cubic feet have begun supplying natural gas to Luzon power plants, strengthening domestic energy security and potentially reducing the country’s exposure to volatile imported fuel prices.

DMW posts ₱1.25-B net income in first nine months of 2026, driven by Aseana City property performance

D.M. Wenceslao and Associates, Inc. (DMW) closed the first nine months of 2026 with a net income of ₱1.25 billion, supported by steady earnings from its properties in Aseana City.

Inflation hits 7.8%, fastest since February 2023

Philippine inflation accelerated to 7.8 percent in October from 7.2 percent in September, driven by sharply higher transport costs, rising housing and utility expenses, and persistent rice price increases that continued to squeeze household budgets despite some relief from slower food inflation.
spot_img