Context.ph

Senate President Francis Escudero said Monday that a new Senate, convening on July 21, will decide on the impeachment of Vice President Sara Duterte, which the House of Representatives transmitted last week with the support of 215 congressmen—more than double the required 102. Escudero said that unlike proposed legislations, impeachment proceedings will continue even with the election of new senators after the May vote, similar to cases in regular courts or electoral tribunals. Drawing from the trial of former Chief Justice Renato Corona, he expects the trial to conclude within 2-3 months. Draft impeachment rules will be approved when senators reconvene in June.

First Philippine Holdings Corporation (FPH) has received a plaque of recognition from the Department of National Defense (DND) and the Department of Environment and...

ACEN Corp. has received an A rating and leadership recognition from CDP, a global non-profit focused on climate change, deforestation, and water security. This marks a significant improvement from the company's previous B rating, reflecting its commitment to environmental sustainability. CDP recognized ACEN for its best practices in climate action, environmental governance, transparency, and risk management.

Telecom giant Globe and digital lender GoTyme Bank have signed a pivotal data sharing agreement (DSA) aimed at enhancing cybersecurity and curbing financial fraud. The partnership will enable Globe and GoTyme to exchange critical information, such as mobile numbers linked to fraudulent activities, to expedite fraud investigations and protect consumers and businesses.

SM Prime Holdings, Inc. has announced the interest rate of its upcoming P25 billion peso-denominated fixed-rate bonds, marking a significant move in the company's funding strategy. The bonds, which will be sold from 12 to 18 February 2025, include three series: Series Y due 2028 with a yield of 6.0282 percent, Series Z due 2031 at 6.2113 percent, and Series AA due 2035 with a rate of 6.4784 percent.