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Xurpas cancels P10-M share subscription deal

Corporate Context.ph Context.ph -
Xurpas Inc. has cancelled a planned issuance of 100 million shares to PPARR Management & Holding Corp., scrapping a capital infusion deal that was originally intended to raise P10 million for general working capital needs.

BMW deploys 125-vehicle for ASEAN 2026 Summit

Corporate Bulletins Context.ph Context.ph -
BMW Philippines completed its role as the official premium mobility partner for the ASEAN 2026 Summit by deploying a 125-vehicle fleet to transport heads of state, diplomats and senior officials during the regional event hosted by the Philippines.

SPAVI profit drops as expansion push continues

Corporate Context.ph Context.ph -
Shakey’s Pizza Asia Ventures Inc. reported slower earnings growth in the first quarter of 2026 as the restaurant group continued expanding despite weak consumer spending and rising operating pressures.

URC secured packaging stocks through late 2026

Corporate Context.ph Context.ph -
Universal Robina Corp. (URC) has secured supplies of key packaging materials through the third quarter and into early fourth quarter of 2026, reinforcing efforts to shield operations from global supply chain disruptions and market uncertainty.

Wawa expansion strengthens Manila Water’s drought readiness

Corporate Context.ph Context.ph -
Manila Water Company is ramping up preparations for a potentially prolonged El Niño episode by leveraging the expanded capacity of the Wawa Bulk Water Supply Project to maintain uninterrupted service across its East Zone concession area.
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Vivant Energy acquires developerof 200 MW Samar wind farm

Energy & Mining 0
Vivant Energy Corp. (VEC) has fully acquired Samar Philippines Renewable Corp. (SPRC) from Envision Energy Philippines Corp. through its renewable energy arm, Vivant Renewable Energy Corp. While the financial terms were not disclosed, SPRC is the developer of a 200-megawatt wind farm located across four municipalities in Northern Samar.

BOC-ICTSI coordination set to speed up trade flows

Transport & Logistics 0
Early coordination between the Bureau of Customs (BOC) and International Container Terminal Services, Inc. (ICTSI) is expected to significantly improve trade efficiency as the South Luzon Container Terminal (SLCT) moves closer to completion, signaling a more integrated approach to port development and customs operations in the Philippines.

Vietnam firms pledge P50M aid for Mindanao quake relief

Social Responsibility & Sustainability 0
Vietnamese companies VinFast, V-Green, VinEnergo, and Green GSM have committed more than P50 million in emergency assistance for communities affected by the devastating 7.8-magnitude earthquake that struck Mindanao on June 8, 2026, signaling both humanitarian support and deepening regional investment ties with the Philippines.

Philippine food brands breaks into Singapore premium market

Trade & Investments 0
Filipino food brands are steadily carving out space in Singapore’s highly competitive premium consumer market, as the Department of Trade and Industry (DTI) ramps up efforts to position Philippine exports beyond traditional commodity offerings and into higher-value branding and innovation-driven segments.
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