Context.ph

6104 POSTS

DALI operator posts persistent shortfalls despite strong sales growth in 2025

Hard Discount Philippines Inc., the firm behind discount retail chain DALI, recorded an accumulated shortfall of P1.03 billion as of the close of 2025, marking five straight years of operating losses for the local hard‑discount player. In its audit report for the year, Sycip Gorres Velayo and Co. (SGV) flagged significant uncertainty over the company’s ability to keep running as a going concern, citing deepening financial gaps even as top‑line sales expanded rapidly.

BSP backs greater use of statistics to speed up industrial and economic growth 

The Bangko Sentral ng Pilipinas (BSP) has thrown its support behind wider use of statistical data to guide policy moves and help push the country’s economic and industrial expansion forward, during the closing program of the 37th National Statistics Month held at the central bank’s main office in Manila.

ACMobility opens Bohol’s first public EV charging hub

ACMobility has opened what it calls Bohol’s first publicly accessible electric vehicle charging hub, extending its Visayas network and adding charging infrastructure in a province where tourism and inter-island mobility could help drive EV adoption.

Puerto Princesa showcases Palawan’s high‑growth investment prospects at 2026 forum

Puerto Princesa city officials have rolled out key investment opportunities across tourism, infrastructure, fisheries, real estate and commercial development at the 2026 Puerto Princesa City Investment Forum in Conrad Manila, aiming to draw private capital to fuel faster economic expansion.

Meralco on standby for Undas, ready for El Niño‑driven power demand

As Filipinos mark All Saints’ Day and All Souls’ Day this coming November, the Manuel V. Pangilinan‑led Manila Electric Company (Meralco) has assured customers of round‑the‑clock crew readiness to address any power issues within its service franchise during the holiday period.

Just in

President Marcos says MVP Group commits P120B to elevated road

President Ferdinand Marcos Jr. said the MVP Group has committed P120 billion to build an elevated road connecting Balintawak in Quezon City to Bocaue, Bulacan, as the government seeks to expand highway capacity and ease congestion north of Metro Manila.

DENR rolls out national ecosystem restoration drive to boost resilience ahead of projected super El Niño

The Department of Environment and Natural Resources has launched a country‑wide ecosystem restoration program designed to soften the blow of prolonged dry heat expected under a super El Niño event forecast to last from late this year through the first half of 2027.

NorthPort adds hybrid cranes, targets port upgrades by 2027

NorthPort, International Container Terminal Services Inc.’s (ICTSI) domestic cargo operation at the Port of Manila, has deployed four new hybrid rubber-tired gantry cranes as it upgrades terminal infrastructure to handle cargo more efficiently and reduce emissions.

Philippines, EU tap grants and guarantees to unlock green investments

The Philippines and the European Union are exploring ways to use grants and guarantees to attract private capital into clean energy, digital infrastructure and sustainable connectivity, seeking to lower investment risks and mobilize financing for strategic projects.
spot_img