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Globe unit seeks wide adoption of Open RAN tech in PH

Transport & Logistics Context.ph Context.ph -
Globe Business, the ICT arm of Globe Telecom, has teamed up with the Asia Open RAN Academy (AORA) to fast-track the adoption of Open Radio Access Network (Open RAN) technology in the Philippines.

US Fed holds rates, awaits impact of policy changes

Top News Context.ph Context.ph -
The US Federal Reserve decided on Wednesday to keep its benchmark interest rates unchanged, as it awaits new developments that could reshape the economic outlook and inflation trajectory.

PSE eases public float rule to boost liquidity for large IPOs

Corporate Context.ph Context.ph -
The Philippine Stock Exchange Inc. (PSE) has received approval from the Securities and Exchange Commission (SEC) to temporarily relax the minimum public float requirement for companies raising over P5 billion, such as Globe Fintech Innovations Inc. (Mynt), which owns GCash.

Stock transactions seen surging seven-fold following Capital Market Efficiency Act

Corporate Context.ph Context.ph -
The Philippine stock market is poised for a significant boom, with transactions expected to increase by seven times once the Capital Market Efficiency Promotion Act (CMEPA) is signed into law, according to Frederick Go, Special Assistant to the President for Investment and Economic Affairs Secretary.

Philippines rice imports expected to drop in Q1

Top News Context.ph Context.ph -
The total volume of rice the Philippines will import in the first quarter is likely to be significantly lower compared to the same period in 2024, as local farmers begin the harvest season and traders hold off on imports, awaiting further softening of global prices.
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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.

Weak peso raises PLDT project costs; demand, dollar revenue provide offset

Corporate 0
PLDT Inc. says the sliding Philippine peso is driving up costs for its information and communications technology projects, especially those that rely heavily on imported gear and materials.
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