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Del Monte settles lender lawsuit, faces higher debt, governance risk

Corporate Context.ph Context.ph -
Del Monte Pacific Ltd. disclosed to the Philippine Stock Exchange that its U.S. subsidiary, Del Monte Foods, Inc. (DMFI), has reached a settlement with a group of lenders who had filed suit in the Delaware Court of Chancery over alleged defaults under a 2022 loan agreement.

Gaming revenues surge in 2024 as industry rapidly evolves

Corporate Context.ph Context.ph -
The rapid evolution of the gaming industry fueled a sharp rise in earnings for the state-run Philippine Amusement and Gaming Corp., as surging revenues from electronic gaming more than offset earnings lost due to the government’s decision to ban Philippine Offshore Gaming Operations (POGOs).

THAI taps Airbus for major A350 cabin retrofit, signaling premium push

Travel & Tourism Context.ph Context.ph -
Thai Airways International (THAI) has signed a Letter of Intent (LoI) with Airbus to retrofit its A350-900 fleet, a move set to elevate passenger experience and boost operational efficiency across its long-haul network.

RCBC Travel Fair 2025 takes off with exclusive deals

Corporate Bulletins Context.ph Context.ph -
RCBC Credit Cards has officially launched the RCBC Travel Fair 2025, a four-day event set to drive travel spending and boost tourism bookings, running from April 10 to 13 at the Shangri-La Plaza Mall Grand Atrium.

TWG goes after ASF

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) has proactively established a technical working group (TWG) to review and update the national African Swine Fever (ASF) prevention and control program.
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Eala’s HK Open final ends in heartbreak, but ranking soars

Sports & Entertainment 0
The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.

Fuel prices set for big drop this week 

Energy & Mining 0
Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.

DNL cautiously optimistic of prospects in 2027

Corporate 0
Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.

ALLHC’s P62M Q3 profit limits nine-month earnings decline

Transport & Logistics 0
AyalaLand Logistics Holdings Corp. (ALLHC) sharply improved its earnings in the third quarter, with net income of P62 million helping narrow its nine-month profit decline to 9 percent as industrial lot sales gained traction and cold storage operations expanded.
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