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Mall operations, residential business push SM Prime earnings higher in 1Q

Corporate Context.ph Context.ph -
Shopping mall operations and residential projects drove earnings higher at SM Prime Holdings Inc., with first-quarter net income at one of the leading integrated property developers in Southeast Asia rising 11 percent year-on-year to P10.5 billion.

Restore some NFA functions in RTL extension, DA urges Congress

Agriculture Context.ph Context.ph -
The Department of Agriculture on Monday urged Congress to restore the National Food Authority's function as a rice price stabilizer and increase its fund allocation for programs to enhance rice production and farmers’ incomes as lawmakers’ deliberate on measures seeking to extend the Rice Tariffication Law.

Thin margins narrow MerryMart 2023 income

Corporate Context.ph Context.ph -
MerryMart Consumer Corp. on Monday reported 2023 income falling 28 percent to P406.81 million from previous year’s P569.75 million on thinning margins of its wholesale business. 

Easter holidays undermine Wilcon earnings in 1Q

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The extended Easter holidays in March this year undermined sales of Wilcon Depot, Inc., the country’s leading home improvement and finishing construction supply retailer, sending its first quarter-net income falling 23 percent to P740 million.

Settlement claims, asset sale proceeds help boost ICTSI 1Q income 36% higher

Corporate Context.ph Context.ph -
The International Container Terminal Services, Inc. (ICTSI) reported a strong first-quarter performance this year with net income jumping 36 percent to USD209.88 million. 
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When Manny meets Kiko: Pacquiao, DA chief join forces to fight poverty 

Agriculture 0
National Anti-Poverty Commission (NAPC) Secretary and Lead Convenor Manny Pacquiao is joining forces with Agriculture Secretary Francisco P. Tiu Laurel Jr. to strengthen government efforts to alleviate poverty, particularly among farmers and fisherfolk, who remain among the country’s most economically vulnerable sectors.

Business groups push back on proposed 200% beverage tax hike

Economy 0
Business groups and tax experts are urging the government to rethink a proposed more-than-200 percent hike in sweetened beverage excise taxes, warning that steep increases could squeeze consumers, hurt small businesses and fail to deliver the expected revenue and public health gains.

Lenovo unveils new AI PCs – performance without the premium price

Communications & Technology 0
Lenovo has expanded its Personal AI vision with a new consumer device portfolio that brings smarter, connected AI experiences alongside bold, style-focused designs — all at accessible price points.

Globe Platinum rethinks iPhone 18 launch with intimate dining events

Corporate Bulletins 0
Globe Platinum has reimagined the traditional crowded iPhone launch experience, rolling out intimate, simultaneous midnight unboxing events across Manila, Cebu, and Davao ahead of the nationwide iPhone 18 release.
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