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Maynilad commits prompt repairs under satellite-enabled water leak identification system

Corporate Context.ph Context.ph -
West Zone concessionaire Maynilad Water Services Inc. now uses satellite imagery and artificial intelligence to detect underground pipe leaks consistent with its goal of reducing network losses and recover more water for distribution.

Fuel prices retreat another time this week

Energy & Mining Context.ph Context.ph -
The price of fuel at the pumps rolls back again this week. 

Roxas and Co. raises P599 million from sale of treasury shares

Corporate Context.ph Context.ph -
Roxas and Co. Inc., a listed investment holding company, said Monday it raised around P599 million from the sale of treasury shares to fund working capital and expansion projects.

Semirara Mining 1Q net profit hurt by rising global demand for cleaner power

Corporate Context.ph Context.ph -
A global movement for clean energy sent coal prices falling in the first quarter, dragging with it the net income of listed integrated energy company, Semirara Mining and Power Corp., which fell 28 percent to P6.5 billion during the period.

PSBank sustains earnings growth with 23% gain in 1Q net income

Banking & Insurance Context.ph Context.ph -
Philippine Savings Bank, the thrift banking arm of the Metrobank Group, said it sustained in the first quarter the strong earnings momentum it saw in 2023, with net income in the January-March period rising 23 percent to P1.2 billion on steady expansion of its loan portfolio.
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DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

Agriculture 0
The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

GSIS opens new Dagupan branch

Corporate Bulletins 0
The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.

September WESM prices rise 3.1% nationwide, set to reflect in October bills

Energy & Mining 0
Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.

Rockwell joins expanded 4PH to widen homeownership access

Property 0
Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.
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