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Wednesday, 13 August 2025, 4:44 pm

    Corporate

    Asia United Bank earnings rise on higher business volume, interest margin

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    Asia United Bank on Tuesday reported consolidated net income in the first half soar 42 percent year-on-year to P4.1 billion, pushed higher by expanding...
    00:00:42

    Megaworld unit in deal with Finland-based SuperPark United

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    Megaworld Lifestyle Malls, the retail and commercial arm of Megaworld Corp., said Tuesday it signed a multimillion-peso deal with Finland-based SuperPark United to bring...

    Meralco earnings lift from power generation in 1H; expects record sales in 2023

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    Manila Electric Co., the country’s largest power distribution company, said Monday first-half net income rose 36 percent year-on-year to P17.9 billion on the back...

    Mass housing developer sanguine on accelerated loan take outs in 2H

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    Low-cost housing developer 8990 Holdings Inc. on Monday bared plans to spend P8 billion as capital expenditures this year, roughly the same amount spent...

    RCBC completes sale of 15% stake to Sumitomo Mitsui Bank for P27 billion

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    Rizal Commercial Banking Corp., the sixth largest lender in the Philippines by assets, announced Monday the financial completion of its sale of an additional...
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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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    Corporate

    ABS-CBN narrows losses in 1H 2025

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    ABS-CBN Corp. reported a 60 percent reduction in net losses for the first half of 2025, reflecting improved commercial performance and strategic cost controls, amid stronger election-related advertising.
    Corporate

    CLI 1H profit rises 13% on real estate, hotel gains

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    Cebu Landmasters Inc. (CLI) posted a 13 percent increase in net income to ₱2.49 billion for the first half of 2025, up from ₱2.21 billion a year earlier, driven by stronger real estate and hotel revenues.
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    ADB OKs USD400M loan for Philippine food program

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    The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.
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