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Electricity prices soar 95.5% in March, adding pressure on consumers amid supply strain

Energy & Mining Context.ph Context.ph -
The average price of electricity sold at the Wholesale Electricity Spot Market (WESM) skyrocketed by 95.5 percent in March, signaling a strain on the Philippine energy market due to rising demand and tightening power supply.

Air Canada launches Vancouver-Manila route, expanding Southeast Asia network

Transport & Logistics Context.ph Context.ph -
Air Canada has launched its new non-stop service between Vancouver and Manila beginning today, 3 April, further strengthening its presence in Southeast Asia.

PAL expands Cebu hub amid surge in summer travel

Transport & Logistics Context.ph Context.ph -
The Philippine Airlines (PAL) is significantly expanding its Cebu hub in response to the summer travel surge, increasing both flight frequency and seat capacity.

BDO partners with PEZA to boost foreign investment in PH

Corporate Bulletins Context.ph Context.ph -
BDO Unibank Inc. (BDO) has signed a memorandum of understanding (MoU) with the Philippine Economic Zone Authority (PEZA) to accelerate foreign investments and stimulate economic growth in the country.

Trade tensions, investor caution push gold prices to record high 

Markets Context.ph Context.ph -
Gold prices surged to a new record high of USD3,164 per ounce, driven by heightened risk aversion following President Donald Trump’s tariff announcement.
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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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