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Wilcon 1H income drops 17% as sales were flat

Corporate Context.ph Context.ph -
Home improvement and construction finishing retailer Wilcon Depot Inc. reported first-half income falling 17 percent to P1.5 billion from last year’s P1.81 billion as sales proved static. Net...

Metrobank delivers record 1H income as loan growth gains momentum

Banking & Insurance Context.ph Context.ph -
Metropolitan Bank & Trust Co. 's (Metrobank) net income reached a record P23.6 billion in the first semester of 2024 supported by the bank’s robust...

June inflation reading seen ranging higher from 4 to 4.8 percent

Banking & Insurance Context.ph Context.ph -
The Bangko Sentral ng Pilipinas on Wednesday projected greater price pressures prevailing in the July inflation survey due next week, likely averaging a low of 4 percent and high of 4.8 percent. 

Taguig RTC stops Meralco search for 1,000 MW worth of contracted electricity via CSP 

Energy & Mining Context.ph Context.ph -
The Taguig City Regional Trial Court (RTC) on Wednesday stopped the Manila Electric Co. (Meralco) from pushing through with the competitive selection process (CSP) set to begin this Friday, August 2.

Insufficient power compels DOE to declare Luzon grid under yellow alert

Energy & Mining Context.ph Context.ph -
The Luzon grid was placed under yellow alert at 1 p.m. Wednesday as two coal-fired power plants broke off line.
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PITX sees 1.89 million passengers for Undas travel period

Transport & Logistics 0
The Parañaque Integrated Terminal Exchange (PITX) forecasts around 1.89 million passengers passing through its facilities from October 25 to November 4 this year, as Filipinos travel home for All Saints’ Day and All Souls’ Day.

SEC rolls out new market making rules to boost liquidity, align with global standards

Corporate 0
The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.

Hydropower developers call for stronger government support, clear roadmap to unlock sector potential

Energy & Mining 0
Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.

Analysts see sustained long-term growth for Mynt ahead of stock market debut

Top News 0
FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
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