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Thursday, 14 August 2025, 6:04 pm

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    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...

    Global trade growth seen decelerating further this year

    Top News Context.ph Context.ph -
    Governments in emerging-market and developing economies (EMDEs) need to forge stronger cooperation to increase cross-border trade as global trade growth is seen to decelerate...

    Manuel M. Lopez Passes Away

    Corporate Context.ph Context.ph -
    Manuel M. Lopez, a former Philippine envoy to Japan and former chairman of Manila Electric Co., passed away on Thursday. He was 80.

    Inappropriate use of bank funds gets Leyte rural banker up to 20 years in jail

    Banking & Insurance Context.ph Context.ph -
    The Regional Trial Court of Burauen, Leyte (RTC-Burauen) has convicted a former officer of the now-closed Rural Bank of Burauen (Leyte), Inc. for violating the Bangko Sentral ng Pilipinas’ (BSP) Manual of Regulations for Banks (MORB) and appropriate legislation.
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    Jollibee Group posts strong Q2 2025 growth

    Corporate 0
    Jollibee Foods Corp. (JFC) reported robust second-quarter financial results, marking a sharp turnaround from the previous quarter and underscoring the strategic strength of its multi-brand, multi-market model.

    Ayala Land to invest P12.7B in Cebu mall redevelopment

    Property 0
    Ayala Land Inc. is set to spend P12.7 billion to redevelop three key malls in Cebu—Ayala Center Cebu, Ayala Malls Central Bloc, and Ayala Malls Gatewalk—aiming to strengthen the region’s economic vitality and retail prominence.

    ATI reports 65% surge in net income

    Corporate 0
    Asian Terminals Inc. (ATI) announced a 65 percent increase in net income for the first half of 2025, posting P2.9 billion compared to P1.76 billion during the same period last year.

    M Prime to Launch Landmark Luxury Project in Makati

    Property 0
    SM Prime Holdings Inc., through its premium residential brand M Prime, announced the upcoming launch of its first luxury project in Makati, signaling its formal entry into the high-end residential segment. The development will be located in one of the city’s most exclusive enclaves, addressing growing demand for upscale urban living.
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    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

    Metro Retail 2Q earnings surges with new store openings

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    New store openings bolstered earnings of Metro Retail Stores Group Inc. in the second quarter, tripling net profit to P132.9 million from P50.1 million last year as sales increased 6.6 percent to P9.9 billion.
    Corporate

    Jollibee Group posts strong Q2 2025 growth

    0
    Jollibee Foods Corp. (JFC) reported robust second-quarter financial results, marking a sharp turnaround from the previous quarter and underscoring the strategic strength of its multi-brand, multi-market model.
    Property

    Ayala Land to invest P12.7B in Cebu mall redevelopment

    0
    Ayala Land Inc. is set to spend P12.7 billion to redevelop three key malls in Cebu—Ayala Center Cebu, Ayala Malls Central Bloc, and Ayala Malls Gatewalk—aiming to strengthen the region’s economic vitality and retail prominence.
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