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Declining Padcal mine output weighs down Philex earnings

Corporate Context.ph Context.ph -
 Philex Mining Corporation, one of the oldest and largest gold and copper producers in Southeast Asia, said Friday core net income in the third quarter dropped 22 percent to P163 million as output from Padcal mine continued to decline.

Steady rise in total subscribers drive Converge profit growth

Corporate Context.ph Context.ph -
Converge Information and Communications Technology Solutions Inc. said Friday net income in the first nine months of the year rose 4.3 percent to P6.4 billion on the back of the steady increase of subscribers to its high-speed fiber broadband network.

Premier Mindanao realtor raising P1.5 billion preferred share sale

Corporate Context.ph Context.ph -
Mindanao-based real estate developer A Brown Company, Inc. looks to launch the second tranche of its preferred share offering worth of up to P1.5 billion.

Disallowed expenses further complicate NGCP bookkeeping woes

Energy & Mining Context.ph Context.ph -
Apart from having to refund prospectively billions of pesos worth of revenue claims, the National Grid Corporation of the Philippines (NGCP) also face the indignity of reclassifying an undetermined amount of expenses merely because its regulator, the Energy Regulator Commission (ERC), failed to do its mandate.

Agriculture helps GDP growth; DA moves to ensure larger share

Agriculture Context.ph Context.ph -
The growth of the farm sector in the third quarter is a clear signal that the Department of Agriculture (DA) needs to step up efforts to significantly increase food production and modernize the sector that provides jobs for one in every four Filipinos.
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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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