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Thursday, 16 October 2025, 8:41 pm

    Banking & Insurance

    ADB decision on NSCR North loan expected by December

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    The Asian Development Bank (ADB) is seen to complete the assessment and approval of the financing package for the construction of the north section of the North-South Commuter Railway (NSCR) around December, based on ground plans by the Department of Transportation (DOTr).

    BSP issues implementing rules for AFASA law

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    The Bangko Sentral ng Pilipinas (BSP) has issued the implementing rules and regulations (IRR) of Republic Act No. 12010, or the Anti-Financial Account Scamming Act (AFASA), marking a significant step in curbing financial fraud and enhancing consumer protection.

    PH earns high marks in 2024 PEFA Report

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    Finance Secretary Ralph G. Recto on Wednesday welcomed the results of the 2024 Public Expenditure and Financial Accountability (PEFA) Reports launched by the Public Financial Management (PFM) Committee.

    Banks boost cybersecurity amid digital threats

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    Banks across the Philippines are significantly increasing their technology investments, with a strong focus on cybersecurity infrastructure and operational efficiency.

    FIRB grants ₱20.9-B tax subsidy to boost public services

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    The Fiscal Incentives Review Board (FIRB), chaired by Finance Secretary Ralph G. Recto, has approved ₱20.9 billion in tax subsidies for government institutions for fiscal years 2024 and 2025. The move aims to enhance public service delivery by allowing agencies to redirect resources from tax obligations to operational efficiency.
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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

    DOE adds 100 MW for run-of-river hydro FIT incentive

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    The Energy Regulatory Commission (ERC) under the Department of Energy (DOE) has allocated an additional 100 megawatts (MW) of capacity for run-of-river (ROR) hydro projects under the feed-in-tariff (FIT) scheme.
    Corporate

    MPIC sustains double-digit growth, eyes expansion

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    Metro Pacific Investments Corp. (MPIC) reported continued double-digit growth in the third quarter, reinforcing its position as a key player in Philippine infrastructure and utilities. The conglomerate, which delisted earlier this year, is riding on strong momentum from its core businesses and expanding contributions from emerging ventures.
    Transport & Communications

    Dizon probes contractor ties of undersecretaries

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    Public Works Secretary Vince Dizon said he will investigate claims by Batangas 1st District Representative Leandro Leviste that some Department of Public Works and Highways (DPWH) undersecretaries may have ties to contractors involved in the controversial flood control projects.
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