Context.ph

6443 POSTS

Electricity sales rise lifts Repower 1Q earnings 

Energy & Mining Context.ph Context.ph -
Repower Energy Development Corp. (REDC), a run-of-river hydropower developer, posted a 32 percent year-on-year increase in net income to P92.5 million in the first quarter, driven by higher energy sales.

DITO revenue rises, 1Q net loss narrows

Corporate Context.ph Context.ph -
DITO CME Holdings Corp., the telecommunications arm of Davao-based businessman Dennis Uy, continued to incur losses in the first quarter, though at a slower pace, as expenses still outpaced earnings.

Moody’s strips U.S. of AAA Rating, citing debt surge

Top News Context.ph Context.ph -
Moody’s Investors Service has downgraded the United States’ sovereign credit rating one notch from Aaa to Aa1, citing growing concerns over the country’s fiscal outlook, including surging debt levels and rising interest obligations.

BSP to suspend coin deposit machines program for review

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas (BSP) said it will temporarily suspend the operation of Coin Deposit Machines (CoDMs) in select malls starting June 17 to conduct a comprehensive review aimed at enhancing the coin recirculation program. 

DOH monitoring recent COVID-19 cases elsewhere in Southeast Asia

Context Dispatch Context.ph Context.ph -
The Department of Health (DOH) said it is closely monitoring recent increases in COVID-19 cases elsewhere in Southeast Asia. While the rise in cases has been noted in several neighboring countries, the DOH said there is currently no cause for alarm in the Philippines.
1...2,2552,2562,257...4,042Page 2,256 of 4,042

Just in

RCBC pre-provision profit rises 13%, signaling strong core performance amid economic headwinds

Banking & Insurance 0
Rizal Commercial Banking Corp., led by the Yuchengco group, reported Wednesday that its pre-provision operating profit climbed 13 percent year-on-year to P23.6 billion in the first nine months ending September, driven by healthier interest margins and steady core banking business. This key measure of underlying profitability shows how well the bank’s main operations are performing before setting aside funds to cover potential bad loans—a critical indicator for shareholders tracking long-term earning power.

Spot market electricity prices rise 18.4% in October

Energy & Mining 0
Wholesale electricity prices across the Philippines climbed 18.4 percent in October from September levels, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

Ronald McDonald House turns 30, growing from classrooms to hospital care

Corporate Bulletins 0
Thirty years ago, Ronald McDonald House Philippines began helping Filipino children get an early start in learning. Today, its idea of caring for children has grown beyond the classroom to include a place where parents can catch their breath while their little ones receive medical care.

Specialized tech jobs offer salaries of up to P158,000 monthly

Economy 0
Specialized technology professionals can command monthly salaries of up to P158,000 in the Philippines, as companies compete for workers with hard-to-find skills amid expanding digital operations and artificial intelligence adoption, according to Jobstreet by SEEK.
spot_img