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PAL looks to the EU in rebuilding its global flight destinations

Transport & Logistics Context.ph Context.ph -
The Philippine Airlines on Wednesday eyes resuming flights to Europe as part of efforts to rebuild the flag carrier’s international routes impacted by the...

Citicore attributes strong earnings to REIT shift

Corporate Context.ph Context.ph -
Citicore Energy REIT Corp., the first renewable energy real estate investment trust in the country, said Wednesday that its 2022 net income surged to...

D&L earnings get boost from HMSP, commodity margins

Corporate Context.ph Context.ph -
D&L Industries Inc., a listed manufacturing company, said Wednesday 2022 net income rose 26 percent year-on-year to a record high P3.3 billion as margins...

Puregold 2022 net income rises 13% on strong sari-sari store base 

Corporate Context.ph Context.ph -
Puregold Price Club Inc., the grocery chain of businessman Lucio Co, reported net income last year growing 13 percent to P9.3 billion from previous...

Shell Pilipinas income rise mainly on lower tax provision

Corporate Context.ph Context.ph -
Shell Pilipinas Corp., a listed oil distributor, posted audited net income of P4.06 billion in 2022, up 5.7 percent from P3.86 billion recorded in...
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BIR sets year-end deadline for e-invoicing compliance

Economy 0
Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.

Philippine-EU trade deal key as GSP+ exit nears

Trade & Investments 0
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).

UK seeks immediate trade gains with Philippines

Trade & Investments 0
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.

Taiwan firm brings robotics manufacturing to Batangas

Communications & Technology 0
Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.
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