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SP New Energy buys out Razon company from Terra Solar for P6B

Energy & Mining Context.ph Context.ph -
SP New Energy Corp. said Tuesday it bought out Prime Infrastructure Inc. of billionaire Enrique Razon Jr. from its renewable energy joint venture, Terra Solar Philippines Inc.

Trade deficit widens to $4.17B in Oct as exports fall at double-digit pace

Top News Context.ph Context.ph -
The trade deficit widened in October to USD4.17 billion as the value of exports fell more sharply compared to the decline in the value of the country’s imports.

Keeper Holdings declares P1.12B cash dividend for shareholders 

Corporate Context.ph Context.ph -
The Keeper Holdings Inc. said Tuesday it set aside P1.12 billion as cash dividend for shareholders of the listed liquor, wine and specialty beverage distributor on record Dec. 27.

Puregold sets P2.79B cash divequal to 30% of 2022 core profit

Corporate Context.ph Context.ph -
Puregold Price Club Inc.  said Tuesday it has declared a cash dividend that total P2.79 billion for shareholders on record Dec. 27.

Ayala Health acquires control of Mercado Hospital

Corporate Context.ph Context.ph -
The Ayala Healthcare Holdings Inc. has increased its shareholding in Healthway QualiMed Health Network or the Mercado General Hospital Inc. to 94 percent, signifying its commitment to investing in healthcare in the Philippines. 
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Philippines extends dive tourism reign with 8th straight Asia win

Travel & Tourism 0
The Philippines has reinforced its position as a leading regional dive destination, securing Asia’s Leading Dive Destination title for an eighth consecutive year as the government looks to turn international recognition into broader gains for the country’s marine tourism sector.

Filipino investors broaden global exposure as BPI Wealth grows

Banking & Insurance 0
Filipino investors are increasingly looking beyond domestic markets as inflation, peso weakness and market volatility fuel demand for broader diversification, with offshore assets now accounting for about 15 percent to 20 percent of BPI Wealth’s assets under management (AUM).

Nestlé, Puregold turn sachets into store displays

Economy 0
Nestlé Philippines and Puregold Price Club Inc. are giving millions of used plastic sachets a second life as retail display materials, putting circular-economy practices directly into supermarket aisles while cutting demand for virgin materials and reducing distribution trips.

AboitizPower earns ASEAN recognition for energy sector contributions

Corporate Bulletins 0
Aboitiz Power Corporation has received official commendation from the Association of Southeast Asian Nations for its outstanding contributions to the region’s energy sector, with special recognition of its work in advancing nuclear energy cooperation, knowledge sharing, and skills development.
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