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Wednesday, 14 May 2025, 5:03 pm

    Corporate Bulletins

    BOC, SBMA Sign MOA to Boost Subic Trade and Customs

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    The Bureau of Customs (BOC) and Subic Bay Metropolitan Authority (SBMA) signed a Memorandum of Agreement (MOA) on Thursday strengthening their partnership to streamline...

    RCBC Travel Fair 2025 takes off with exclusive deals

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    RCBC Credit Cards has officially launched the RCBC Travel Fair 2025, a four-day event set to drive travel spending and boost tourism bookings, running from April 10 to 13 at the Shangri-La Plaza Mall Grand Atrium.

    Globe tackles cable theft with livelihood training, education

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    In a strategic move to curb the persistent issue of cable theft, Globe Telecom recently hosted a learning session and livelihood training for over 200 residents of Barangay Tatalon, Quezon City.

    Berde Renewables expands solar partnership with Holcim Philippines

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    Berde Renewables Inc. has significantly expanded its partnership with Holcim Philippines, aiming to boost renewable energy capacity at the company’s facilities in Davao City and Lugait, Misamis Oriental.

    Aboitiz Foods renews partnership with TESDA

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    Aboitiz Foods subsidiary Pilmico Foods Corp. has renewed its partnership with the Technical Education and Skills Development Authority (TESDA) to enhance the skills of local bakers and trainers, reinforcing its commitment to the growth of the Philippine baking industry.
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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

    NGCP cuts April transmission rates by 28%

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    The National Grid Corporation of the Philippines (NGCP) announced a 28.45 percent reduction in transmission rates for the April 2025 billing period, with potential easing effects on electricity costs for millions of consumers.
    Corporate

    Branded foods, travel units offset petrochemical drag in JG Summit’s 1Q performance

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    JG Summit Holdings Inc., the flagship conglomerate of the Gokongwei group, reported a steep 61 percent decline in net income to ₱4.3 billion in the first quarter of 2025, down from ₱11 billion a year ago.
    Corporate

    GMA Network delivers strong Q1 on political ads, tight cost control

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    GMA Network Inc. reported a 293 percent surge in net income for the first quarter of 2025, fueled by a robust recovery in advertising revenue ahead of the May mid-term elections. The broadcasting giant posted a net profit of ₱801.68 million for the January to March period, sharply higher than the ₱204.12 million recorded in the same quarter last year.
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