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Strategic agility drives Megaworld net profit 29% higher to P17.3B in 2023

Corporate Context.ph Context.ph -
Megaworld Corp. said Wednesday its net profit last year jumped 29 percent year-on-year to P17.3 billion, underscoring the gains from the strategic agility exhibited...

ACEN Australia secures AUD150M green loan for renewable energy project

Energy & Mining Context.ph Context.ph -
ACEN Australia, a subsidiary of Ayala Group’s renewable energy arm ACEN Corp., has secured a total of AUD150 million green term loan from the...

Philex completes USD170M loan package for Silangan Project

Corporate Context.ph Context.ph -
Silangan Mindanao Mining Co., Inc., a wholly owned subsidiary of Philex Mining Corp., one of the largest gold and copper producers in Southeast Asia, signed a deal for additional USD70 million with additional lenders who syndicated the credit facility.

Global rich keep luxury property prices rising as Manila, Dubai soar – Knight Frank

Property Context.ph Context.ph -
Luxury residential property bucked the trend of falling prices in 2023 and rose 3.1 percent, as double-digit gains in the likes of Manila and Dubai offset falls in New York and London, Knight Frank said on Wednesday.

STI Holdings signs deal to acquire Philippine School of Business Administration

Corporate Context.ph Context.ph -
STI Education Systems Holdings Inc. said Wednesday its board ratified the execution of a term sheet that would allow it to takeover the operations of Philippine School of Business Administration, or PSBA.
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PCCI bets on growth amid political noise, rising costs

Economy 0
The Philippine Chamber of Commerce and Industry (PCCI) remains cautiously optimistic about business prospects despite rising costs, governance concerns and political controversies, urging the government to restore investor confidence and accelerate reforms.

SMX secures third TTG win as MICE footprint expands

Corporate Bulletins 0
SMX Convention Center has secured its third consecutive Philippines’ Best Convention & Exhibition Center title at the 35th TTG Travel Awards, as parent company SM Hotels and Conventions Corp. (SMHCC) expands its meetings, incentives, conferences and exhibitions (MICE) facilities beyond established business hubs.

Vivant Foundation expands solar projects across Panay communities

Corporate 0
Vivant Foundation Inc. (VFI), the corporate social responsibility arm of Cebu-based Vivant Corp., is expanding its flagship Project Liadlaw across Panay Island, broadening the program from school electrification to healthcare, technical-vocational education, and literacy initiatives.

Grab, MOVE IT expand healthcare support for gig workers

Mobility 0
Grab Philippines and MOVE IT are expanding healthcare support for gig workers through a partnership with Maxicare, giving eligible driver-, rider-, and delivery-partners access to free, unlimited medical consultations starting November 2026.
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