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Tuesday, 04 November 2025, 10:11 am

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    ICTSI gets 2058 extension for Subic, plans USD130M investment

    Transport & Communications Context.ph Context.ph -
    Subic Bay International Terminals Corp. (SBITC) and ICTSI Subic Inc. (ISI), both subsidiaries of International Container Terminal Services Inc. (ICTSI), have secured extensions of their operating concessions from the Subic Bay Metropolitan Authority (SBMA).

    Security Bank expands presence in Central Luzon

    Corporate Bulletins Context.ph Context.ph -
    Security Bank has officially opened its Angeles–Friendship Branch, marking its 360th location in the country and further strengthening its presence in Central Luzon. The new branch opened just before the Naic branch in September, bringing the bank’s total branch network to 361.

    InLife Wins Two Awards at ESGBusiness Awards 2025

    Banking & Insurance Context.ph Context.ph -
    Insular Life (InLife), the country's first and largest Filipino life insurance company, received two prestigious honors at the ESGBusiness Awards 2025 held in Kuala Lumpur, Malaysia.

    Inflation seen rising, BSP likely to hold rates steady amid lingering external risks

    Top News Context.ph Context.ph -
    Inflation likely rose to 1.9 percent year-on-year in September from 1.5 percent in August, driven by higher food prices following recent tropical storms that damaged agricultural output.

    September rice supply higher, prices lower

    Top News Context.ph Context.ph -
    The Philippines' total rice inventory rose to 2.07 million metric tons at the end of September—coinciding with the start of the wet season harvest and a two-month import ban aimed at supporting palay prices.
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    Just in

    Economy seen expanding 5.9% in Q3, driven by consumer spending

    Top News 0
    The economy is expected to have grown by 5.9 percent year-on-year in the third quarter of 2025, faster than the 5.5 percent expansion in the April–June period. The pickup, economists at Moody's Analytics said, is likely fueled by strong household consumption, supported by lower borrowing costs, easing inflation, and steady remittance inflows.

    SMPC net income falls 37% despite record coal and power output

    Corporate 0
    Semirara Mining and Power Corp. (SMPC) reported a 37 percent drop in net income to P9.9 billion for the first nine months of 2025, down from P15.7 billion in the same period last year, citing lower coal and electricity prices despite record-high production and sales.

    DOE moves to modernize small-scale coal mining

    Energy 0
    The Department of Energy (DOE) is updating the country's small-scale coal \mining (SSCM) program, aiming to make it more structured, transparent, and environmentally responsible. The agency said the draft framework introduces clearer rules on health and safety, labor protection, environmental safeguards, and operational accountability.

    Meralco upgrades Laguna Substation to boost power reliability

    Corporate Bulletins 0
    The Manila Electric Co. (Meralco) has completed upgrades to its Calamba 230 kV-115 kV substation to improve electricity reliability for parts of Laguna and Batangas.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Technology

    Amazon, OpenAI forge $38B AI cloud deal

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    Amazon Web Services and ChatGPT owner OpenAI have entered into a multi-year strategic partnership valued at USD38 billion, one of the largest infrastructure deals in artificial intelligence to date. 
    Top News

    Economy seen expanding 5.9% in Q3, driven by consumer spending

    0
    The economy is expected to have grown by 5.9 percent year-on-year in the third quarter of 2025, faster than the 5.5 percent expansion in the April–June period. The pickup, economists at Moody's Analytics said, is likely fueled by strong household consumption, supported by lower borrowing costs, easing inflation, and steady remittance inflows.
    Corporate

    SMPC net income falls 37% despite record coal and power output

    0
    Semirara Mining and Power Corp. (SMPC) reported a 37 percent drop in net income to P9.9 billion for the first nine months of 2025, down from P15.7 billion in the same period last year, citing lower coal and electricity prices despite record-high production and sales.
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