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Sunday, 06 July 2025, 11:39 pm

    Banking & Insurance

    Tyme Group Reaches Unicorn Status with $250M Investment from Nubank

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    Tyme Group, the parent company of GoTyme Bank, has reached unicorn status following a successful USD250 million Series D funding round.

    BSP cancels FIL-Express’s registration over regulatory breach

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    In a move to uphold financial regulations, the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) canceled the registration of FIL-Express International Remittance & Delivery Services, Inc. as a licensed money service business (MSB).

    BOC Intelligence Group triples seizures, confiscates P81B illicit goods in 2024

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    The Intelligence Group at  the Bureau of Customs more than tripled the value of its seizures from 2022 to 2024.

    GSIS spreads holiday cheer with P1.5M raffle for members and pensioners

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    The Government Service Insurance System (GSIS) is giving back this holiday season by launching a P1.5 million raffle to encourage members and pensioners to...

    BSP, JICA seal deal for permanent credit scoring tool supporting SME growth

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    The Bangko Sentral ng Pilipinas (BSP) and its partner the Japan International Cooperation Agency (JICA) have agreed to make permanent a jointly crafted program designed to facilitate ease of access to credit among small and medium enterprises (SME).
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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

    MBC flags risks in WTE, biomass projects ahead of GEA

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    The Makati Business Club (MBC) has raised critical concerns about the viability of Waste-to-Energy (WTE) and biomass projects in the Philippines, highlighting unresolved cost, regulatory, and feedstock supply issues that could undermine their inclusion in the upcoming Green Energy Auction (GEA) round.
    Agriculture

    DA plans disposal of E. Coli-tainted onions seized in Mindanao port 

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    Agriculture Secretary Francisco P. Tiu Laurel Jr. said smuggled onions intercepted at the Mindanao International Container Terminal in early June will be destroyed as recommended by the Bureau of Plant Industry after samples tested positive for Escherichia coli bacteria.
    Agriculture

    PCAFI urges Congress to reform agri import tariffs, MAV system

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    The Philippine Chamber of Agriculture and Food, Inc. (PCAFI) is calling on Congress to prioritize amendments to key provisions on agricultural imports, specifically advocating for reforms in tariff utilization and the Minimum Access Volume (MAV) system—moves seen to significantly impact domestic agricultural productivity and competitiveness.
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