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PBB nine-month net income matches full-year 2023 profit

Banking & Insurance Context.ph Context.ph -
Philippine Business Bank said Monday nine-month net income surged 57 percent to P1.8 billion, matching earnings for the whole of 2023 on the back of double digit growth in loans and interest income as well as cost management.

8990 Holdings’ Jan-Sep earnings drop on lower sales

Corporate Context.ph Context.ph -
8990 Holdings Inc., a real estate developer listed on the Philippine Stock Exchange, saw a sharp decline in net income for the first nine months of the year, hurt by lower sales of mass housing and condominium projects.

SM Prime plans new malls outside Metro Manila in 2025

Corporate Context.ph Context.ph -
SM Prime Holdings Inc. has announced plans to construct five new shopping malls in 2025, all strategically located outside Metro Manila.

Farmers to receive P666.7M as crop Insurance

Agriculture Context.ph Context.ph -
Agriculture Secretary Francisco P. Tiu Laurel Jr. announced that the Philippine Crop Insurance Corporation (PCIC) has prepared insurance payouts for farmers impacted by Severe Tropical Storm Kristine totaling P666.7 million.

Cebgo flights transferred to NAIA Terminal 2

Transport & Logistics Context.ph Context.ph -
Cebu Pacific (CEB) announced that all Cebgo flights to and from Manila will move from Terminal 3 to Ninoy Aquino International Airport (NAIA) Terminal 2, effective 7 November 2024.
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Mixed fuel price changes mark fourth week in series

Energy & Mining 0
Fuel prices willl see mixed adjustments for the fourth week in a row, taking effect Tuesday morning, October 27. Gasoline will go down by P0.30 per liter, while diesel rises P1.20 per liter and kerosene goes up by P0.50 per liter, as confirmed by major suppliers including Petron and Seaoil, following the Department of Energy’s announcement Monday.

Gov’t explores funding routes for nuclear program; US offers up to $5B support

Energy & Mining 0
The Department of Energy (DOE) confirmed Monday the government is pursuing multiple financing avenues to kickstart the country’s nuclear energy program, with the United States offering at least $5 billion in potential funding support.

Gardencourt brings garden living to Taguig’s Arca South

Property 0
Ayala Land Premier (ALP) has begun turning over units at Gardencourt Residences, bringing its garden-centered residential concept to life at Arca South, the 74-hectare mixed-use estate in Taguig.

BIR suspends online tax registration badge requirement

Economy 0
The Bureau of Internal Revenue (BIR) has suspended the Oct. 31 deadline for taxpayers to post a registration badge online, responding to privacy and technical concerns raised by online sellers, content creators and other taxpayers.
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