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Bridge hits spark urgent review of truck clearance rules

Transport & Logistics Context.ph Context.ph -
The Confederation of Truckers Association of the Philippines (CTAP) has raised concerns over the increasing number of trucks hitting bridges across major highways, citing outdated vertical clearances as a persistent and nationwide issue.

MPower secures extended deal to power Gokongwei facilities

Energy & Mining Context.ph Context.ph -
MPower, the retail electricity supply unit of Manila Electric Company (Meralco), has renewed its retail electricity supply (RES) contract with the Gokongwei Group, reinforcing a strategic energy partnership that powers the latter’s key commercial and industrial facilities across Luzon.

PAL to receive first Airbus A350-1000 in 4Q as fleet renewal begins

Transport & Logistics Context.ph Context.ph -
The Philippine Airlines (PAL) on Monday confirmed that the first Airbus A350-1000 aircraft will arrive in the fourth quarter this year, marking the start of its fleet renewal and long-haul growth strategy for the flag carrier.

RCBC posts 44% surge in credit card receivables

Banking & Insurance Context.ph Context.ph -
Rizal Commercial Banking Corp. (RCBC) has reported one of the fastest-growing credit card portfolios in the country, with receivables soaring 44 percent year-on-year to ₱116.98 billion as of March 2025, based on company data. This significantly outpaced the industry’s 29 percent average growth, according to the Credit Card Association of the Philippines (CCAP).

Economic council OKs P27.7B rural bridge program

Agriculture Context.ph Context.ph -
The Economy and Development (ED) Council, chaired by President Ferdinand R. Marcos Jr., has approved the P27.7-billion Farm-to-Market Bridges Development Program (FMBDP) of the Department of Agriculture that will be financed through official development assistance from the government of France.
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GSIS, TESDA train 15 Cebu dependents in automotive skills for jobs, livelihood

Education, Health & Science 0
The Government Service Insurance System (GSIS), working with the Technical Education and Skills Development Authority (TESDA), has provided automotive servicing training to 15 dependents of GSIS members and pensioners in Cebu, opening pathways to employment, steady income, and small business ownership.

FDC net income dips 6% in first nine months even as revenues climb 10% 

Corporate 0
Filinvest Development Corp., the listed holding company of the Gotianun group, reported Thursday that its attributable net income slipped 6 percent to P10.8 billion in the first nine months of the year, from P11.48 billion recorded in the same period last year. Despite the slight decline in bottom-line earnings, total revenues and other income rose 10 percent year-on-year to reach P99 billion, up from P81.18 billion a year earlier.

First Gen nine-month recurring net income rises slightly to P12.5B amid portfolio shift

Corporate 0
First Gen Corp. posted a attributable recurring net income of P12.5 billion for the first nine months of 2026, edging higher from the P12.1 billion recorded in the same period a year earlier, the company announced Thursday.

Citicore Renewable net income more than doubles to P2.15B in 9 months

Energy & Mining 0
Citicore Renewable Energy Corp. (CREC) posted a 122-percent jump in consolidated net income to P2.15 billion for the first nine months of the year, rising from P966 million recorded in the same period last year, the company announced Thursday.
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