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PH renews MRT-3 deal with Sumitomo ahead of system privatization push

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The Department of Transportation (DOTr) will extend its maintenance contract with Japan’s Sumitomo Corp. for the MRT-3, signaling continuity in operations ahead of the planned privatization of the system's operations and maintenance (O&M).

Court of Appeals orders P28.49B Hacienda Luisita compensation

Context Dispatch Context.ph Context.ph -
The Court of Appeals (CA) has ordered the Department of Agrarian Reform (DAR) and the Land Bank of the Philippines to pay Hacienda Luisita Inc. a total of P28.49 billion for the 4,500 hectares of sugarcane land taken by the government and distributed under its agrarian reform program.

New PSE-CFO deal targets OF financial empowerment

Corporate Context.ph Context.ph -
The Philippine Stock Exchange Inc. (PSE) and the Commission on Filipinos Overseas (CFO) have signed a partnership to promote capital market participation among overseas Filipinos (OFs), an event with both commercial and development implications for the country’s equities market.

PH retail meets Thai travel in new Rustan’s-Anantara deal

Travel & Tourism Context.ph Context.ph -
Luxury retailer Rustan Commercial Corp. has partnered with Thailand’s Anantara Vacation Club (AVC), Asia’s premier vacation ownership program under Minor International PCL, a development that aligns retail luxury with exclusive travel experience across Asia and beyond.

DITO, Skyro tie-up brings instant loans to mobile users

Transport & Logistics Context.ph Context.ph -
Financial technology firm Skyro has joined forces with telecom operator DITO Telecommunity in offering cash loans directly through the DITO app.
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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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