Context.ph

6150 POSTS

Personal remittances rise 3.5% in November 2024, helping drive economic growth

Personal remittances from overseas Filipinos (OFs) grew by 3.5 percent to reach USd3.12 billion in November 2024, up from only USD3.02 billion in the same month last year, according to data from the Bangko Sentral ng Pilipinas (BSP).

MPTC eyes major fundraise ahead of strategic merger with San Miguel Tollways

Metro Pacific Tollways Corp. (MPTC) is set to raise between P30 billion and P50 billion this year to fund its ongoing expansion initiatives, ahead of a proposed merger with the tollway business of San Miguel Corp. (SMC).

Maynilad IPO in the Works – MVP

Maynilad Water Services Inc., the West Zone water concessionaire, is in talks with banks for its planned initial public offering (IPO) on the Philippine Stock Exchange, as part of its mandatory listing requirement by 2027.

PAL launches Manila-Cauayan flights, boosting tourism and business in Isabela

Philippine Airlines (PAL) has launched the Manila-Cauayan-Manila route, marking a major step towards enhancing connectivity and boosting tourism in Isabela province in northern Philippines.

Dairy group urges DepEd to extend milk feeding program for better nutrition and support local farmers

The National Federation of Dairy Farmers and Stakeholders' Association (Dairy NatFed) is urging the Department of Education (DepEd) to extend its school-based milk feeding program from 55 days to at least 120 days, citing the program's role in improving children's nutrition and supporting local dairy farmers.

Just in

Nearly 1M ‘vulnerable’ Filipinos buy P20 rice in September

Nearly 1 million Filipinos benefited from the Marcos administration’s Benteng Bigas, Meron Na! program in September, the highest monthly turnout since the affordable rice initiative was launched in May last year, as the government seeks to ease food costs for households struggling to make ends meet.

Business mood stays down in September, but firms see brighter quarters ahead

Business sentiment stayed pessimistic in September 2026, according to the latest Business Expectations Survey released by the Bangko Sentral ng Pilipinas, although confidence readings for the near‑term and year‑ahead outlook remained positive. The current‑month confidence index improved slightly to ‑8.4 percent from ‑10.9 percent in August, still signaling more firms were downbeat about present conditions.

EastWest posts ₱5‑billion nine‑month net income amid tougher macro backdrop

East West Banking Corporation (EastWest) turned in a ₱5.0‑billion net income for the first nine months of 2026, delivering solid profitability even as broader economic conditions grew more challenging, a performance that signals resilient core operations for investors and market watchers.

Medical center teams up with Singapore partners to boost geriatric care in Southern Luzon

The Mary Mediatrix Medical Center (MMMC) has forged a partnership with Inspire Healthcare Singapore and the Singapore Nurses Association (SNA) to advance its Geriatric Unit, as the hospital moves to address the rising healthcare demand from older adults across Southern Luzon.
spot_img