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Monday, 02 June 2025, 7:24 am

    Banking & Insurance

    SSB issues guidelines for requesting Shari’ah opinions on Islamic Finance in BARMM

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    The Shari’ah Supervisory Board (SSB) of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) has released formal guidelines on how stakeholders can request Shari’ah opinions on Islamic banking and finance transactions.

    Life insurance awareness among Pinoys declines post-pandemic

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    A recent survey revealed that while 83 percent of Filipinos considered life insurance important in 2022, only 54 percent felt the same in 2024—a significant drop driven by post-pandemic complacency and budget constraints.

    PCIC optimistic about securing higher 2026 budget to widen farmer coverage

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    The Philippine Crop Insurance Corp. (PCIC) is optimistic about securing an additional P1 billion in funds from the 2026 national budget to expand farmer insurance cover numbering 4.2 million as of end-2024.

    Asialink enters real estate lending, targets underserved SME market

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    Asialink Finance Corp. is expanding into real estate lending, marking a strategic diversification of its portfolio and reinforcing its role as alternative financier for underserved sectors in the economy.

    DOF rejects new tax plans, cites strong fiscal position

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    The Department of Finance (DOF) rejected reports suggesting the government plans to impose new taxes, citing strong revenue performance and prudent fiscal management as reasons additional tax measures are unnecessary at this time.
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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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    P50-B LNG deal signals energy realignment for Razon, First Gen

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    The Razon Group’s P50-billion acquisition of 60 percent in First Gen Corporation’s natural gas segment is seen as strategic and opportunistic, underscoring its broader implications for the country’s energy landscape and corporate competition, analysts said.
    Context Dispatch

    Japan boosts PH Coast Guard skills in towing operations

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    The Japan Coast Guard (JCG) has provided new capacity building support to the Philippine Coast Guard (PCG) through a week-long Towing Operation Training held recently as part of Japan’s official development assistance (ODA) program.
    Agriculture

    Gold lifts PH 1Q mine output despite nickel, copper price dip

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    The country's metallic mineral production surged by 22.8 percent year-on-year in 1Q 2025, reaching ₱63.88 billion, driven primarily by strong gold, silver, and iron ore output, according to the Mines and Geosciences Bureau (MGB).
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