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BPI sets record 9-month net income on sustained loan, margin expansion

Corporate Context.ph Context.ph -
Bank of the Philippine Islands said Thursday hit a historical high for nine-month net income on the back of sustained loan and interest margin...

Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory

Markets Context.ph Context.ph -
Tesla CEO Elon Musk said on Wednesday that he was concerned about the impact of high interest rates on car buyers, adding the electric vehicle maker was hesitating on its plans for a factory in Mexico as it gauges the economic outlook.

CPG board approves P5 billion preferred share offering

Corporate Context.ph Context.ph -
The Century Properties Group Inc. board has approved the company’s follow-on offering of preferred shares seen raising as much as P5 billion.

ERC drafting consumer-friendly omnibus RCOA guidelines

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) is drafting new guidelines to the omnibus retail competition and open access (RCOA) under which the threshold had been lowered to 100 kilowatt-hours from 500 kwh at the moment.

FIT-All collection suspension likely extended till yearend

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) said the feed-in-tariff allowance (FIT-All) collected by renewable energy providers may remain suspended till the end of the year.
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Meycauayan River microbes ‘eat’ plastic, may hold cancer cure

Education, Health & Science 0
In a place most people would avoid, science has found unlikely heroes.

FAO chief visits PH, eyes stronger agriculture partnership

Agriculture 0
The Philippines is seeking closer cooperation with the Food and Agriculture Organization of the United Nations (FAO) following the first official visit of its Director-General, Qu Dongyu, to the Department of Agriculture (DA).

DA-BFAR continues fuel aid for fisherfolk amid rising oil prices

Agriculture 0
The Department of Agriculture’s Bureau of Fisheries and Aquatic Resources (DA-BFAR) said it will continue providing fuel assistance to fisherfolk nationwide as global oil prices rise.

House backs Bicol Ecozone as 5th hub

Trade & Investments 0
The House of Representatives has endorsed a resolution pushing for the proclamation of the proposed Bicol Ecozone in Pantao, Libon, Albay as the fifth public economic zone under the Philippine Economic Zone Authority (PEZA), signaling a major step toward boosting trade along the country’s eastern seaboard.
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