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Thursday, 22 January 2026, 6:12 am

    Banking & Insurance

    PDIC raises P1.5B from disposal of assets of closed banks

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    State-run Philippine Deposit Insurance Corp. (PDIC) generated P1.46 billion in total sales from 216 corporate and closed bank assets sold last year.

    Bank of Commerce earnings hit record P1.8B

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    The earnings of the Bank of Commerce (BankCom) surged 49 percent and hit a record high P1.8 billion last year from P1.2 billion in...

    Diokno: PH spared from SVB downfall

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    The high-profile collapse of the California-based Silicon Valley Bank (SVB) is unlikely to affect the Philippine economy, the Department of Finance (DOF).

    OFW remittances up 3.5% in January

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    The Bangko Sentral ng Pilipinas (BSP) said remittances from overseas Filipino workers (OFWs) inched up by 3.5 percent in January, slower than the above...

    Visa, Plan International push for financial literacy of young people

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    Global digital payments platform Visa has partnered with Plan International to improve the financial and business literacy of girls and young people in the Philippines and Indonesia.
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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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    Energy

    Raslag plans up to P3 billion capex in 2026 as it accelerates renewable energy expansion

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    Listed renewable energy developer Raslag Corp. plans to spend between P2 billion and P3 billion in capital expenditures this year, a sharp increase from only around P500 million last year, as it moves from project preparation to actual construction and equipment procurement.
    Agriculture

    SRA sets rules for planned 100,000-MT raw sugar exports to US

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    The Sugar Regulatory Administration (SRA) has issued new guidelines governing the planned export of up to 100,000 metric tons (MT) of raw sugar to the United States for crop year 2025–2026, outlining who may participate and stressing that the program can be stopped at any time if conditions change.
    Property

    SMX Cebu set to transform MICE

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    A P3.3-billion SMX Convention Center, billed as the largest in the Philippines, will rise in Cebu by the third quarter of 2026, cementing the city’s position as a premier hub for meetings, incentives, conferences, and exhibitions (MICE).
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