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Diesel price eases by P3 per liter as gasoline, kerosene move lower

Energy & Mining Context.ph Context.ph -
The cost of petroleum products are set to drop a second time this week beginning past midnight Tuesday.

Manila Water posts 61 percent income expansion

Corporate Context.ph Context.ph -
Manila Water Co. Inc. booked a 61 percent jump in net income in the first nine months totaling P7.26 billion versus only P4.52 billion in the same period in 2022.

First Gen taps local banks for P20B loan

Banking & Insurance Context.ph Context.ph -
First Gen Corp. has obtained term loans from BDO Unibank Inc. and Bank of the Philippine Islands for an aggregate P20 billion.

Phinma income rises 5% in 9 months

Corporate Context.ph Context.ph -
PHINMA Corp. on Monday reported income over nine months this year rising 5 percent to P1.34 billion from last year’s P1.26 billion.

Jollibee earnings stay buoyant despite challenges; 3Q net up 14%

Corporate Context.ph Context.ph -
Jollibee Foods Corp., one of the largest of Asian food service companies, on Monday reported a 14 percent growth in third-quarter net income to P2.43 billion on strong growth in both domestic and international businesses despite a volatile and challenging economic environment.
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Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

Economy 0
The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

Context Dispatch 0
A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

Energy & Mining 0
The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

Energy & Mining 0
The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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