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Alliance Global boosts growth with P59B investment

Corporate Context.ph Context.ph -
Alliance Global Group Inc., the holding firm of tycoon Dr. Andrew L. Tan, is ramping up its capital spending this year to a record P59 billion, reaffirming its long-term growth strategy across key sectors including real estate, leisure, tourism, and consumer goods.

Tourism fuels economy, creates jobs in 2024

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The Philippine tourism industry continued its strong post-pandemic recovery in 2024, contributing 8.9 percent to the country’s gross domestic product (GDP) and supporting nearly 7 million jobs, according to the Philippine Statistics Authority (PSA).

Appdome launches AI malware shield for mobile apps

Communications & Technology Context.ph Context.ph -
Appdome, a leading mobile app security firm, has unveiled new Detect Agentic AI Malware plugins designed to combat the emerging threat of Agentic AI Assistants being weaponized by attackers.

Federal Reserve hold rates, eyes inflation, jobs paths

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The Federal Open Market Committee (FOMC) on Thursday held the federal funds target range steady at 4.25 percent to 4.5 percent, citing steady economic growth and lingering inflationary pressures.

Meralco unit commissions 100 MW ancillary power plant in Singapore

Corporate Bulletins Context.ph Context.ph -
Meralco PowerGen Corp. (MGen) subsidiary Pacific Light Power Pte Ltd. (PLP) based in Singapore has commissioned a 100-megawatt (MW) fast-start ancillary services facility on Jurong Island, boosting its commercial capabilities in the city-state's highly competitive energy market.
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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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