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Moody’s affirms BDO’s Baa2 investment-grade ratings

Banking & Insurance Context.ph Context.ph -
Moody's Investors Service has affirmed the investment-grade Baa2 credit rating and stable outlook of BDO Unibank Inc., the largest bank in the Philippines. According to...

DOE seeks greater clarity on invalidated pact with China, Vietnam

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) needs greater clarity on the effects of a Supreme Court decision invalidating as unconstitutional the joint marine seismic undertaking (JMSU) it signed with Vietnam and China as this relates to a particular exploration area in the West Philippine Sea.

Regulators keen on amending CSP rules

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) are keen on adopting amendments to the competitive selection process (CSP) when contracting...

Telco executives grateful for forensic audit outcome of P48B capex overruns

Corporate Context.ph Context.ph -
PLDT Inc. executives on Thursday heaved a collective sigh of relief following the completion of a forensic audit into elevated capital expenditures (capex) for the period 2019 to 2022. 

Megaworld expects P2 billion sales from new Cebu building

Property Context.ph Context.ph -
Megaworld  Corp., the property development arm of businessman Andrew Tan, expects to generate P2 billion in sales from the Positano Mactan building, its sixth...
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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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