Context.ph

5378 POSTS

PAL, SIA in new codeshare pact

The Philippine Airlines (PAL) is in a new codeshare agreement with Singapore Airlines (SIA) which has the effect of enhancing the flight options of travelers of both countries. The pact affects domestic and international destinations via their respective hubs. 

Strong earnings growth across business buoy Filinvest income

Filinvest Development Corp., the listed company that holds the investments of the Gotianun family, on Wednesday reported a 57 percent in nine-month net income to P5.9 billion on the back of double-digit growth in earnings of its various business interests, including banking, real estate, power and hospitality.

PT&T seeks greater market presence with capital boost to P12.6 billion

Publicly-listed PT&T Corp. has secured Securities and Exchange Commission approval to increase its authorized capital stock to P12.6 billion from P3.8 billion as it seeks to reestablish itself as a major player in the telecommunications and information technology industry. 

Store, wholesale App expansion propel MerryMart earnings

MerryMart Consumer Corp. said Wednesday its continued network expansion and exponential growth of its wholesale super app drove double-digit in both revenues and net income in the first nine months of the year.

AllHome expects stronger 4Q after surge in 9-month income

AllHome Corp., a pioneering one-stop full line home center of billionaire Manuel Villar, said Wednesday net income in the nine months through September surged 46 percent to P582 and is hopeful of further gains in the fourth quarter.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
spot_img