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CebPac flies to three more destinations out of MCIA

Transport & Logistics Context.ph Context.ph -
Cebu Pacific Air (CebPac) on Tuesday announced three additional routes from Mactan Cebu International Airport (MCIA), allowing more passengers to reach more destinations to and from the Queen City of the South. 

China Bank 2022 net profit at P19.1B, up 27%

Banking & Insurance Context.ph Context.ph -
China Banking Corp., the country’s fifth largest lender by assets, said Tuesday net profit last year rose 27 percent to P19.1 billion, pushing return on equity to 15.1 percent and return on assets to 1.6 percent.

Converge, South Korea’s KT in potential partnership deal

Corporate Context.ph Context.ph -
Converge ICT Solutions Inc., a listed pure fiber telecom company, said Tuesday it signed a memorandum of understanding with South Korea’s KT Corp,, formerly...

Semirara posts record profit in 2022 on coal, electricity sales

Corporate Context.ph Context.ph -
Semirara Mining and Power Corp., a coal miner and power producer, said Tuesday net profit last year hit a new record high P39.9 billion,...

More business urged venture into e-commerce

Markets Context.ph Context.ph -
More companies are encouraged to venture into e-commerce as the bulk of customers continue to buy a product or service online with free delivery...
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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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