Context.ph

5738 POSTS

Lender powers 100 branches with renewable energy

The Bank of the Philippine Islands (BPI) has reached a key sustainability milestone, with 100 of its branches now running entirely on renewable energy.

San Jose del Monte seizes control of PrimeWater operations

The San Jose del Monte city government has assumed control of water supply operations formerly managed by PrimeWater Infrastructure Corp., responding to a deepening distribution crisis that has left thousands of households without reliable access.

First Holdings annual meeting set; new directors vote hangs

First Philippine Holdings Corp., commonly known as First Holdings, has set its 2026 Annual Stockholders’ Meeting for July 27, but warned that the election of directors may be deferred if a deepening family and governance dispute remains unresolved.

Primelectric to replicate Negros success in SOCOTECO bid

Primelectric, majority shareholder of Ignite Power, wants to replicate its track record with Central Negros Electric Cooperative (CENECO) for its proposed partnership with South Cotabato II Electric Cooperative (SOCOTECO II).

Refining disruption squeezes Petron Q1 profit amid oil shock

Petron Corp., the Philippines’ largest oil company and sole remaining refiner, posted a sharp earnings decline in the first quarter of 2026 as refinery disruptions and global crude volatility weighed on margins despite stronger revenues.

Just in

Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
spot_img