Context.ph

5847 POSTS

GCash-enabled cash transfers now possible with select US banks

GCash, the country’s top finance app and largest cashless ecosystem, has partnered with Meridian, a US-based instant payments provider, to enable cash transfers directly from over 12,000 US banks to any GCash account. 

Manulife to redeem USD750 million debentures starting August 20

Manulife Financial Corp., a global financial services provider headquartered in Canada, said it plans to redeem all outstanding USD750 million principal amount of 3.049 percent fixed/floating subordinated debentures on August 20. 

Retail fuel prices ramp up again this week

Fuel retailers Caltex and Seaoil on Monday announced increasing the price of their gasoline by P1.40 per liter, their diesel by P1.75 per liter and their kerosene by P1.05 per liter starting Tuesday morning.

DA forecasts nearly twice as much rice hoard by year end than last

The Department of Agriculture (DA) on Monday projected the national rice inventory to round the year nearly twice the level achieved in 2023 to 3.64 million metric tons (MT), the debilitating impact of the El Niño notwithstanding.

Election spending, tourism-related activities seen boosting Shell Pilipinas bitumen business

Shell Pilipinas Corp. on Monday said its bitumen business is seen posting double-digit growth this year on the back of heightened activities related to the upcoming election of national and local officials and on the sustained pursuit of the government's Build Better More program.

Just in

GCash parent Mynt flat in historic debut

Shares of Mynt Inc., the parent firm behind dominant e-wallet operator GCash, closed unchanged at P6.60 per share during its trading debut Tuesday on the Philippine Stock Exchange, marking a historic milestone as the country's largest initial public offering to date.

Palace delays corn import order amid harvest concerns

Malacañang has deferred signing an executive order on the minimum access volume (MAV) for corn imports, citing concerns that its implementation could undermine local farmers’ earnings during the ongoing harvest season.

Power backup ready for El Niño

The Department of Energy has confirmed it is fully mobilized to safeguard power supply as the Philippines braces for a projected Super El Niño lasting through the first half of 2027, with the driest conditions forecast from November this year to April 2027.

DA moves to support local hog producers amid low farmgate prices

The Department of Agriculture (DA) is stepping up measures to assist local pork producers, who continue to face depressed farmgate prices due to rising imports. Speaking at the Tuesday Club Breakfast Forum in Mandaluyong City, Agriculture Secretary Francisco Tiu Laurel Jr. assured stakeholders the agency is exploring every legal option to ease market pressure on domestic hog raisers.
spot_img