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Top Line posts P90.5M net Income

Corporate Context.ph Context.ph -
Cebu-based fuel retailer Top Line Business Development Corp. posted a record P90.5 million net income in the first nine months of 2024, more than double its performance from the same period in 2023.

FLI sanguine of office, residential growth

Property Context.ph Context.ph -
Filinvest Land Inc. (FLI), the property arm of the Gotianun Group, is optimistic about the prospects of its office leasing and residential businesses this year despite challenges faced in 2024.

DA plans strategic release of NFA rice stocks

Agriculture Context.ph Context.ph -
The Department of Agriculture (DA) on Wednesday announced a strategic plan to distribute National Food Authority (NFA) rice stocks in response to a potential food security emergency.

Cryptocurrency fuels sophisticated illegal drug trade in Philippines

Communications & Technology Context.ph Context.ph -
The Philippine Drug Enforcement Agency (PDEA) and the Cybercrime Investigation and Coordinating Center (CICC) have revealed a troubling new development in the ongoing battle against illegal drug trafficking: the increasing use of cryptocurrency as a payment system in the drug trade. 

PDEX poised to launch peso interest rate hedge for banks

Markets Context.ph Context.ph -
The Philippine Dealing and Exchange Corp. (PDEX) is set to introduce a new derivative product next week, marking a significant development in the country’s fixed-income market.
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Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

Top News 0
The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

Transport & Logistics 0
The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.

SEC urges manufacturers to tap capital markets for expansion

Markets 0
For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Japanese utility eyes solar projects for 10 PEZA locators

Energy & Mining 0
A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.
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