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Friday, 07 November 2025, 3:20 pm

    Corporate

    Seagate shares soar after debt deal

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    Shares of Seagate Technology climbed 10 percent on Wednesday after the data storage company announced a USD500 million debt exchange agreement, a move seen by investors as easing its near-term financing pressure.

    Higher enrollment boosts STI Holdings FY net income 38%

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    STI Education Systems Holdings, Inc. (STI Holdings), the country’s largest private school network, reported strong financial results for Fiscal Year ending June 30, 2025, supported by higher enrollment and steady operational gains.

    Mastercard appoints Jason Crasto as country manager for the Philippines

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    Mastercard has named Jason Crasto as its new country manager for the Philippines, tasked with leading the company’s strategic direction and operations in one of Southeast Asia’s fastest-growing digital payments markets.

    Monde Nissin income slips 3% in first nine months

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    Monde Nissin Corp. reported a 3 percent drop in core attributable income to ₱7.19 billion for the first nine months of 2025, down from ₱7.45 billion a year earlier, mainly due to higher edible oil prices.

    PLDT forecasts stronger 3Q earnings on Home, Enterprise growth

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    PLDT Inc. expects stronger earnings in the third quarter of 2025 compared with the first two quarters, chairman Manuel V. Pangilinan said on Wednesday.
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    Context.ph

    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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    Government bracing for TC Uwan

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    The government is bracing as Tropical Cyclone Uwan (International name: Fund-Wong) barrels toward Central and Northern Luzon, rapidly intensifying and expected to hit super typhoon strength when it makes landfall on Saturday with sustained winds over 205 kilometers per hour, rivaling Typhoon Yolanda. Stretching 1,400 kilometers across, Uwan threatens Metro Manila, all of Luzon, and parts of the Visayas, with 200 to 400 millimeters of rain in just 24 hours. Some 61.6 million people live in its path, including 5.7 million in coastal zones. Authorities have placed disaster and relief teams on full alert, preparing evacuation centers, emergency supplies, and rapid-response units to mitigate flooding, power outages, and other risks from what could become one of the most severe storms in recent history.
    Corporate

    Asiabest Group board approves valuation for target acquisitions

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    Listed firm Asiabest Group International, Inc. (ABG) has approved the valuation of three companies it plans to acquire as part of its expansion program.
    Banking & Insurance

    Banks post steady growth, solid profits — BSP

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    The Bangko Sentral ng Pilipinas (BSP) said the country’s banking sector remained strong and stable in the first half of 2025, backed by steady asset growth and solid profits.
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