Context.ph

700 POSTS

NG budget swings to P164.7B deficit in Feb after posting surplus in Jan

The National Government stepped up spending in February, negating revenue gains during the month to post a wider budget deficit of P164.7 billion, erasing a surplus posted in January.

300 MW new capacity comes online in hot months up ahead

The Department of Energy (DOE) said as much as 300 megawatts worth of additional power is coming online during the summer months.

PH, Czech Republic eye agricultural trade, technology cooperation

The Philippines and the Czech Republic have reached mutual understanding on several agricultural issues to improve bilateral trade and widen technology transfers between the two countries, particularly in livestock and dairy production and water management. 

LRMC announces leadership changes ahead of LRT-1 extension line opening in 4Q

The Light Rail Manila Corporation (LRMC) on Monday announced key leadership changes ahead of the opening of the LRT Line 1 Cavite extension by the fourth quarter of 2024. 

Philippine Airlines posts record income in 2023 on strong air travel recovery

Philippine Airlines said Monday a strong recovery in the travel and tourism industry drove its net income last year to a record USD379 million, a 92 percent increase from the USD197 million posted in 2022. This is the highest net profit for PAL, excluding restructuring gains.

Just in

US pledgesP639M health aid to Philippines

The US has committed more than P639 million in fresh health assistance to the Philippines, deepening a multibillion-peso partnership aimed at strengthening the country’s response to infectious diseases and improving health system resilience.

PCC tightens watch on oil, fuel markets 

Amid mounting volatility in global oil markets, the Philippine Competition Commission (PCC) said it is intensifying oversight of the domestic fuel sector to guard against anti-competitive practices that could disadvantage consumers.

PCPPI ramps up tech-driven push to empower sari-sari stores nationwide

Pepsi-Cola Products Philippines, Inc. (PCPPI) is intensifying its efforts to support sari-sari stores, rolling out a technology-enabled distribution strategy aimed at directly empowering millions of Filipino micro-entrepreneurs.

Filinvest launches promo to make home buying easier

Filinvest Land, Inc. (FLI) has rolled out its Kaya-Sulit Ready-for-Occupancy (RFO) Promo to make buying homes more affordable and easier for Filipinos. The program is offered in partnership with EastWest Bank and the Bank of the Philippine Islands (BPI).
spot_img