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NGCP transmission rates Up 4.6% in May

Energy & Mining Context.ph Context.ph -
The National Grid Corporation of the Philippines (NGCP) reported a 4.6 percent increase in its transmission rate for the May 2025 billing period, bringing the rate to P1.1482 per kilowatt-hour (kWh) from April’s P1.0978 per kWh.

BSP issues implementing rules for AFASA law

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP) has issued the implementing rules and regulations (IRR) of Republic Act No. 12010, or the Anti-Financial Account Scamming Act (AFASA), marking a significant step in curbing financial fraud and enhancing consumer protection.

SMPC secures amended ECC for coal mine expansion

Corporate Context.ph Context.ph -
Semirara Mining and Power Corp. (SMPC) has obtained an amended Environmental Compliance Certificate (ECC) from the Department of Environment and Natural Resources (DENR), enabling the strategic expansion of its coal mine operations within its 13,000-hectare contract area.

Cebu Pacific launches P12 seat sale for Independence Day

Transport & Logistics Context.ph Context.ph -
In celebration of Philippine Independence Day, Cebu Pacific (CEB) has rolled out a limited-time “Super Seat Fest” promo, offering one-way base fares for as low as P12 to select domestic and international destinations. The promotional seat sale runs from 11 to 15 June, giving travelers a chance to plan their holidays and summer escapes well ahead of time.

MPIC shelves tollway stake sale, eyes other funding avenues to cut debt

Transport & Logistics Context.ph Context.ph -
Metro Pacific Investments Corp. (MPIC) has decided to abandon its planned sale of a 20 percent stake in Metro Pacific Tollways Corp. (MPTC), signaling a strategic shift toward alternative capital-raising efforts to manage its debt load.
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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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