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Meralco 9-month income up 53%; full year earnings seen hitting P37B

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Meralco 9-month income up 53%; full year earnings seen hitting P37B

Laurel draws data-driven DA under new Malacanang mandate

Agriculture Context.ph Context.ph -
Newly-minted Department of Agriculture (DA) Secretary Francisco Laurel Jr. on Monday bared the restoration of the Bureau of Agricultural Statistics (BAS) to improve the accuracy of data, and by extension policy making, at the agency.

Non-compliant corporations have until yearend to rectify infractions – SEC

Corporate Context.ph Context.ph -
The Securities and Exchange Commission has again extended its amnesty program giving non-compliant and suspended or revoked corporations one more chance to avail of lower fines and penalties.

RCBC earns ‘Platinum ESG Award’ from The Asset

Banking & Insurance Context.ph Context.ph -
Rizal Commercial Banking Corp. (RCBC) secured the prestigious Platinum Award at The Asset ESG Corporate Awards 2023 for the second consecutive year, reaffirming its commitment to environmental, social, and governance excellence.

SM Prime income rises 37% in nine months

Corporate Context.ph Context.ph -
Shopping mall operator SM Prime Holdings Inc. said its income in the nine months to September rose 37 percent to P30.1 billion from last year’s P22 billion.
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DA readies P45B aid as El Niño damage mounts 

Agriculture 0
The Department of Agriculture is preparing up to P45 billion in interventions as El Niño-related agricultural losses climb to P6.87 billion, while moving to strengthen rice reserves and keep imports available as a contingency against a sharper production shortfall.

Retail sales seen to hit ₱7.71 trillion as value-seeking consumers drive shift toward essentials

Economy 0
Retail sales this year are projected to reach $123 billion, roughly ₱7.71 trillion at current exchange rate, marking a 1.7 percent growth from $121 billion last year, according to the United States Department of Agriculture's Foreign Agricultural Service in Manila.

Filinvest REIT appoints chairman as CEO following colleague’s retirement 

Corporate 0
Filinvest REIT Corp. (FILRT) has announced a major executive reshuffle, naming current Chairman Joseph M. Yap as its new President and Chief Executive Officer, effective October 15.

ICS, PSA integrate nat’l ID into CreditMo for faster, safer credit access

Corporate 0
Island Credit Solution (ICS) and the Philippine Statistics Authority (PSA) have formalized a partnership linking the National ID Authentication Services (NIDAS) to CreditMo, making ICS the first Special Accessing Entity and credit bureau partner successfully integrated with the system. For consumers, verifying identity to access credit information is now one quick step using the National ID, replacing the earlier multi-document process. Checks run directly against the National ID database, cutting fraud risk and protecting personal credit data.
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