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Globe offers free roaming services in Indonesia after Flores Island quake

Social Responsibility & Sustainability Context.ph Context.ph -
Following the magnitude 7.7 earthquake off Flores Island, Indonesia, Globe is extending free call, text, and data services to its customers in the country to support emergency communication. The quake caused widespread damage, landslides, power outages, and displacement, with rescue efforts still ongoing.

Overseas remittances surge to record 1H high of $3.04 billion in June

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Overseas cash remittances hit a mid-year peak in June 2026, climbing to US$3.04 billion. Marking the highest monthly cash inflow recorded throughout the first half of the year, the performance underscored the robust foreign exchange earnings sent home through the formal banking networks. Seasonally adjusted personal remittances, encompassing both formal bank transfers and informal channels as well as in-kind support, mirrored this upward trajectory over the same period.

DoubleDragon H1 core income surges 

Corporate Context.ph Context.ph -
DoubleDragon Corp.’s core net income surged to P2.41 billion in the first six months of 2026, up from P920 million as the property company’s growing portfolio began delivering a much stronger contribution from recurring and operating businesses.

Manila Water approves P105M share buyback

Corporate Context.ph Context.ph -
Manila Water Co., Inc. has approved a share buyback program of up to 3 million common shares, potentially spending up to P105 million to repurchase its own stock in the open market.

SSI Group Q2 revenue, profit surge as retail demand holds

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The SSI Group delivered stronger sales and profitability in the second quarter of 2026 as resilient consumer demand, better margins, and tighter operations gave the specialty retailer a healthy lift.
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PCPPI boosts disaster readiness with national preparedness webinar

Corporate Bulletins 0
Pepsi-Cola Products Philippines, Inc. (PCPPI), the exclusive bottler and manufacturer of PepsiCo beverages in the country, stepped up its focus on employee safety and emergency preparedness by hosting a national Disaster and Typhoon Preparedness Webinar on July 28, 2026. The virtual gathering united PCPPI team members, known as Bravehearts, from across the nation to share actionable guidance on identifying disaster risks, prepping for emergencies, staying updated on critical developments, and mounting effective responses during natural calamities.

SMC surges to P54.2 billion core income as fuel and power drive first-half growth

Corporate 0
San Miguel Corporation (SMC) recorded a massive surge in its underlying financial health during the first half of 2026, driven by expanding energy sales and higher fuel revenues even as high living costs weighed on everyday consumer spending. The conglomerate reported a 48 percent leap in consolidated core net income to P54.2 billion, alongside a 34 percent surge in total revenues to P964.1 billion. The operational gain underscores SMC’s expanding footprint in the national economy, reinforcing its capacity to maintain long-term investments in critical energy, transportation, and agricultural infrastructure.

BSP holds July briefing on updated foreign exchange rules for stakeholders

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) conducted a briefing on the country’s foreign exchange (FX) regulations on July 6, 2026. The activity forms part of the central bank’s efforts to promote sound market practices and strengthen compliance with existing FX guidelines.

EMCOR, GCash partner to expand digital payments across 174 nationwide branches

Corporate Bulletins 0
Mindanao-based homegrown retailer EMCOR (Engineering and Machinery Corporation) has partnered with leading digital finance platform GCash to roll out integrated digital payment services across all 174 of its branches nationwide, bringing greater convenience and financial flexibility to customers across Palawan, the Visayas, and Mindanao.
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