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Belle more than doubles profit in 2022; declares cash dividend

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Belle Corp., a listed developer of tourism and leisure destinations, said Wednesday it more than doubled its net profit to P1.71 billion from P745...

$150 million expected from durian shipments to China

Agriculture Context.ph Context.ph -
Durian exports to China are seen yielding as much as $150 million, or P8.29 billion, in export receipts this year alone, according to the Bureau of Plant Industry (BPI).

PAL Holdings OK swap ratio for Philippine Airlines shares

Corporate Context.ph Context.ph -
The board of PAL Holdings Inc., a company owned by tycoon Lucio Tan, has approved the exchange ratio for the swap of its shares with those of Philippine Airlines, the country’s first flag carrier.

SMIC launches tender offer for all 2Go shares 

Corporate Context.ph Context.ph -
Conglomerate SM Investments Corp. has launched a tender offer for all shares the public owns at its ferry operator, 2Go Group Inc. 

Rockwell appoints Nestor Padilla as chairman

Markets Context.ph Context.ph -
Rockwell Land Corp., the real estate unit of the Lopez-led First Philippine Holdings Corp., on Tuesday appointed its current president and CEO Nestor J. Padilla as chairman, replacing Manuel M. Lopez who passed away on January 12. 
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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.

Data-driven lending seen widening credit access for small entrepreneurs

Banking & Insurance 0
Broader use of alternative data, coupled with risk-based regulation and stronger consumer safeguards, could help widen formal credit access for Filipino microentrepreneurs, according to digital lender Tala.
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