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Security Bank profit rises amid higher provisions

Corporate Context.ph Context.ph -
Security Bank Corp. posted stronger first-quarter earnings as higher revenues and tighter cost controls boosted core profitability, even as the lender increased provisions to cushion against evolving market risks.

PLDT profit up in Q1 as data fuels growth

Corporate Context.ph Context.ph -
PLDT Inc. posted a modest earnings increase in the first quarter of 2026 and signaled disciplined spending for the year, as strong demand for data, broadband, and enterprise digital services offset lingering weakness in legacy businesses.

Goldilocks shifts Cebu plant to solar power

Energy & Mining Context.ph Context.ph -
Goldilocks Bakeshop has partnered with First Gen to operate a new solar power facility for its production plant in Lapu-Lapu City, Cebu, marking a major step in the bakery chain’s sustainability efforts.

Gov’t sets ₱50/kg cap on imported rice amid rising inflation

Agriculture Context.ph Context.ph -
The government is ready to immediately enforce a ₱50-per-kilo price cap on imported rice to help ease the burden of rising food prices on Filipino consumers, the Department of Agriculture (DA) said.

Converge hits ₱11.2B revenue, surpasses 3M subscribers in 1Q 2026

Corporate Context.ph Context.ph -
Converge ICT Solutions Inc. posted ₱11.2 billion in revenue in the first quarter of 2026 as its subscriber base grew past three million, driven largely by strong demand for prepaid fiber internet.
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PH to make energy security key ASEAN agenda

Energy & Mining 0
The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.

₱3.8-B fuel subsidy for agri sector beneficiaries kicks off this month

Agriculture 0
The Department of Agriculture (DA) announced that around 300,000 farmers, fisherfolk, and agricultural haulers will receive ₱3 billion in fuel subsidies starting this month, aiding the sector amid El Niño impacts and persistently high fuel costs.

Visayas power probe pushes transparency, reliability, consumer protection 

Energy & Mining 0
Therma Visayas told lawmakers that it sources coal from Indonesia and uses the Indonesian Coal Index in its power supply agreements, as a House inquiry into electricity reliability in the Visayas turned attention to both supply security and pricing transparency.

DA ramps up El Niño preparations drawing on past preparations 

Agriculture 0
The Department of Agriculture is bolstering full-scale preparations for an intense El Niño, applying hard-won experience to safeguard farm output, secure food supplies, and protect farmers and fisherfolk from harm.
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