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MPTC reopens tollway merger talks with SMC

Transport & Logistics Context.ph Context.ph -
Metro Pacific Tollways Corp. (MPTC) on Sunday signaled its readiness to resume discussions with San Miguel Corp. (SMC) on the proposed consolidation of their tollway businesses—a move seen as pivotal in reshaping the country’s expressway landscape and unlocking synergies across major infrastructure assets.

ETF market gets makeover push from PSE

Markets Context.ph Context.ph -
The Philippine Stock Exchange (PSE) is taking steps to revitalize the country’s exchange traded fund (ETF) market, citing persistent liquidity challenges that have undermined the performance of its sole ETF product. The First Metro Philippine Equity Exchange Traded Fund (FMETF), which tracks the PSEi benchmark, has seen lackluster trading, with shares closing at P105.60 on Friday—down from a 52-week high of P121.50.

License suspensions, summons follow road tragedies

Transport & Logistics Context.ph Context.ph -
In a strong move underscoring the intensifying push for road safety, the Land Transportation Office (LTO), under the Department of Transportation (DOTr), has issued show cause orders against vehicle owners involved in recent fatal and injurious road crashes in Quezon and Cavite.

PSE eyes 49% PDEx sale to BAP in market integration push

Corporate Context.ph Context.ph -
The Philippine Stock Exchange Inc. (PSE) is open to selling up to 49 percent of the Philippine Dealing and Exchange Corp. (PDEx) to the Bankers Association of the Philippines (BAP), marking a significant development in the ongoing integration of the country’s capital markets.

BNC’s nickel venture in Quezon enters consultation phase

Environment Context.ph Context.ph -
The Environmental Management Bureau (EMB) of the Department of Environment and Natural Resources (DENR), has scheduled a public scoping from 20 to 21 May for the proposed Dangla nickel project in Quezon, Palawan, signaling a critical stage in gauging public sentiment on the venture’s environmental and social implications.
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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.
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