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PS Bank more than doubles 2022 income to P3.68B

Banking & Insurance Context.ph Context.ph -
The Philippine Savings Bank, the thrift banking arm of the Metrobank Group, more than doubled its 2022 net income to P3.68 billion from only P1.54 billion the previous year. 

Megawide in data center venture valued at $300M

Corporate Context.ph Context.ph -
Megawide Construction Corp. said Wednesday it signed a shareholder deal for a venture that will invest, acquire, develop, build or operate data center assets,...

Fruitas setting up commissary, first Ling Nam restaurant in Zamboanga City

Corporate Context.ph Context.ph -
Fruitas Holdings Inc., a listed food and beverage kiosk and community store operator, will set up a commissary and restaurant in Zamboanga City for...

Security Bank reports 53% more income in 2022 

Banking & Insurance Context.ph Context.ph -
Security Bank Corp. on Wednesday reported a 53 percent increase in net income to P10.6 billion in 2022 from the previous year’s P6.91 billion,...

Megaworld net profit flat even as revenue rise

Property Context.ph Context.ph -
Listed property developer Megaworld Corp. posted net profit attributable to shareholders of the parent company of P13.5 billion last year, little changed from the...
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Gilas men’s 3×3 sweeps opening Asian Games matches

Sports & Entertainment 0
Gilas Pilipinas Men’s 3x3 team wasted little time making its presence felt at the 2026 Aichi-Nagoya Asian Games, winning twice Monday and putting itself within touching distance of the quarterfinals.

Mitsubishi Corp raises Ayala stake to 15% in P44.5-billion deal

Corporate 0
Japan’s Mitsubishi Corp. has expanded its investment in Ayala Corp. through a share purchase valued at roughly P44.5 billion, lifting its economic ownership from 4.7 percent to 15 percent and its voting interest to 20 percent, at an agreed price of P650 per common share.

Serial fuel price hikes hit households and businesses: adjustments staggered

Energy & Mining 0
Major fuel firms are rolling out another round of steep price rises, marking the third consecutive week of big adjustments and prompting companies to split the increases across two days to soften immediate impact.

PH launches school milk program; 4.6 million learners to benefit

Agriculture 0
The Philippine government launched the milk component of the 2026 School-Based Feeding Program at Quirino Elementary School in Quezon City on Monday, bringing locally produced milk to about 4.6 million learners nationwide while building a reliable market for Filipino dairy farmers.
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