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PH earns high marks in 2024 PEFA Report

Banking & Insurance Context.ph Context.ph -
Finance Secretary Ralph G. Recto on Wednesday welcomed the results of the 2024 Public Expenditure and Financial Accountability (PEFA) Reports launched by the Public Financial Management (PFM) Committee.

SEC launches crypto oversight framework

Corporate Context.ph Context.ph -
The Securities and Exchange Commission (SEC) has released the long-awaited rules and guidelines governing crypto asset service providers (CASPs), marking a significant step in regulating digital assets and their related services in the country.

PH, Egypt in talks to expand agri-trade opportunitiesAgriculture

Agriculture Context.ph Context.ph -
The Philippines is actively pursuing deeper agricultural trade ties with Egypt, with Agriculture Secretary Francisco P. Tiu Laurel Jr. meeting with Egyptian Ambassador Nader Nabil Zaki on 5 June to explore broader market access for high-value Philippine produce, particularly mangoes and bananas.

Filinvest-ENGIE JV energizes 3MWp solar rooftop project for Nexperia Phils.

Energy & Mining Context.ph Context.ph -
The Filinvest Group and ENGIE Services Philippines, through its joint venture company, Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE), has completed a 3-megawatt-peak (MWp) solar rooftop system for Nexperia Philippines, Inc. in Cabuyao, Laguna.

Meralco reduces power rates for June bill

Energy & Mining Context.ph Context.ph -
Manila Electric Co., the country’s largest power distributor better known as Meralco, announced on Wednesday a reduction in electricity rates, lowering charges by P0.1076 per kiloWatt-hourin June, the second rate reduction in as many months.
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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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