Context.ph

MREIT, Inc., the real estate investment trust of Megaworld Corp., saw distributable income climbing 18 percent to P3.7 billion last year from 2024, lifted by higher occupancy and sustained leasing momentum.

Chairman Eusebio Tanco has tightened his grip on DigiPlus Interactive Corp., increasing his stake by 63,119,000 shares, equivalent to 1.4 percent of the company’s total issued and outstanding shares.

Rising geopolitical tensions in the Middle East are sending fresh shockwaves through global trade, and the Philippines is squarely in the blast radius.

Escalating conflict between the US and Iran has jolted global markets anew, driving crude prices toward seven-month highs of USD 67 per barrel and sharpening risks for oil-importing economies like the Philippines. For the peso, the spike is a familiar stress test: higher energy costs threaten to widen the trade deficit and reignite inflation pressures just as stability seemed within reach.

Local fuel prices are expected to increase again this week, with possible further spikes due to worsening tensions in the Middle East.