Context.ph

2016 POSTS

MAP urges Senate to restore public trust

The Management Association of the Philippines (MAP) on Monday called on senators to take decisive action to rebuild the credibility of the Senate as it prepares to convene as an impeachment court for Vice President Sara Duterte.

NLEX Corp. 1Q 2026 net income up 8% on strong traffic, toll adjustments

NLEX Corp. recorded an 8 percent rise in net income for the first quarter of 2026, reaching P3.84 billion from P3.55 billion in the same period last year. This growth reflects strong business performance, supported by higher vehicle traffic, newly implemented toll rate adjustments, and efficient cost management.

Panhua starts $1B Philippine steel venture

Chinese steel giant Panhua Group is set to launch the first phase of its $1-billion integrated steel manufacturing project in the Philippines next month, marking one of the country’s biggest foreign industrial investments in recent years.

Inflation fears keep T-Bill rates elevated

Treasury bill yields ended mixed at Monday’s auction as persistent inflation risks, slowing growth concerns, and global market uncertainty continued to keep borrowing costs elevated.

GSIS names new trustee, honors outgoing member’s service

The Government Service Insurance System (GSIS) has welcomed Rolando Toledo to its board of trustees, while commending outgoing trustee Beatriz Torno for her long-standing public service. This move supports the state pension fund’s goal to strengthen governance and improve services for members and retirees.

Just in

SSS fast-tracks pension hike, releases P6B early

The Social Security System (SSS) has accelerated the rollout of a scheduled pension increase, releasing an estimated P6 billion in additional benefits to 4.1 million pensioners three months ahead of schedule as the government moves to ease the burden of rising living costs.

ESEC gets green light for 98.2 MW Capiz solar project

EcoSolar Energy Corp. (ESEC), a member of the Yuchengco Group, has secured an Environmental Compliance Certificate (ECC) for its 98.20 MW solar plant in Panitan, Capiz.

PFI Group surpasses ₱100 billion in total claims paid

Philippines First Insurance Group (PFI Group), a leading insurance and healthcare conglomerate, has paid out over ₱100 billion in claims, serving as a critical financial safety net for more than 4.5 million policyholders. Reaching this milestone coincides with the 120th anniversary of its core brand, PhilFirst, and highlights the group’s long-standing role in the national economy alongside its subsidiaries PhilLife, PhilCare, and PhilPlans.

PAL names new independent directors to boost growth strategy

The Philippine Airlines (PAL) announced on Tuesday the appointment of corporate leader Edgar O. Chua and seasoned aviation executive Datuk Captain Izham Ismail as independent directors, effective June 1, 2026.
spot_img