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Empire East bets on transit hubs in P25-B residential push

Corporate Context.ph Context.ph -
Empire East Land Holdings Inc., a subsidiary of Megaworld Corp., announced on Tuesday a P25-billion capital expenditure plan over the next five years, targeting the development of residential communities anchored on master-planned, transit-oriented locations.

Tiu Laurel seeks Congress backing to revive NFA powers

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) will urge the new Congress, which convenes in late July, to restore key powers to the National Food Authority (NFA) in a bid to revitalize its financial and logistical capabilities and help improve rice farmers' profitability.

Converge director Francis Lim resigns to lead SEC

Corporate Context.ph Context.ph -
Converge ICT Solutions Inc. (PSE: CNVRG) has officially accepted the resignation of Atty. Francis Ed. Lim from its board of directors, effective 9 June 2025, following his appointment as chairman of the Securities and Exchange Commission (SEC) by President Ferdinand R. Marcos Jr.

$25M deepfake heist exposes gaps in global ID verification

Communications & Technology Context.ph Context.ph -
iProov, a global leader in biometric identity verification, has identified a newly active cybercriminal group codenamed “Grey Nickel”  targeting the financial sector through sophisticated, AI-powered attacks designed to bypass digital identity verification systems.

Banks boost cybersecurity amid digital threats

Banking & Insurance Context.ph Context.ph -
Banks across the Philippines are significantly increasing their technology investments, with a strong focus on cybersecurity infrastructure and operational efficiency.
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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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