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Metrobank net income rises 48% to P32.8 billion in 2022; High dividend payout sustained on strong capital position

Banking & Insurance Context.ph Context.ph -
Metropolitan Bank & Trust Co. (Metrobank) delivered strong results in 2022 with a 48 percent increase in net income to P32.8 billion on the...

Cost savings, price adjustments narrow PXP Energy net loss in 2022

Energy & Mining Context.ph Context.ph -
Listed oil explorer PXP Energy Corp. said Thursday its net loss narrowed to P36.1 million in 2022 compared to the previous year when it...

In office space absorption, occupancy matters more than yield over next three years

Property Context.ph Context.ph -
Property consultant KMC Savills Inc. on Wednesday said even if there is a commendable rebound in office net absorption last year, there will remain...

Another billionaire styles himself as gentleman farmer

Agriculture Context.ph Context.ph -
Billionaire Antonio L. Tiu on Wednesday ramped up his agriculture and food security ventures and plans pouring P2.6 billion in a 20,000-hectare corn plantation...

Musk announces Starlink Philippine operations via Twitter

Transport & Logistics Context.ph Context.ph -
Billionaire Elon Musk on Wednesday said its  satellite internet services is now available in the Philippines. 
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DA warns vs contract fixers: No special access to PRDP, 

Agriculture 0
The Department of Agriculture warned contractors and the public Monday against individuals claiming ties to agency staff to secure Philippine Rural Development Project contracts for a fee. Reports include a person calling himself Gio offering guaranteed awards, but the DA confirmed no one is authorized to broker such deals.

Clark airport lines up P11.4B upgrades as logistics hub expands

Transport & Logistics 0
Up to P11.4 billion in airport infrastructure projects are being lined up at Clark International Airport as the aviation and logistics hub prepares for bigger aircraft and expanding operations by global logistics companies.

Treasury bill yields up as oil prices stoke inflation fears 

Banking & Insurance 0
Treasury bill yields rose across all maturities at Monday’s auction as surging oil prices fueled concerns over inflation and the prospect of further monetary tightening by the Bangko Sentral ng Pilipinas.

NCIP concurrence clears NSCR extension to New Clark City

Transport & Logistics 0
The proposed extension of the North-South Commuter Railway (NSCR) to New Clark City has cleared a key regulatory hurdle after securing concurrence from the National Commission on Indigenous Peoples (NCIP), advancing the project toward a feasibility study.
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