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Thursday, 14 August 2025, 6:46 am

    Corporate

    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...

    Apollo Global offshore Cagayan mining project stalled by Super Typhoon Egay

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    Apollo Global Capital Inc. said Monday its offshore mining operations in Gonzaga, a coastal town in the northern tip of the Philippines, has been...

    ACEN secures pre-effective SEC nod for preferred shares shelf registration

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    ACEN Corp., the energy arm of the Ayala Group, said Monday it received the pre-effective letter of the Securities and Exchange Commission that favorably...
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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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    Boomers blitz Gilas, end Philippines’ Asia Cup campaign

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    Gilas Pilipinas knew the Australian Boomers were coming. What they didn’t see coming was a first-quarter blitz of long-range bombs—seven of them—that turned the quarterfinal showdown into a rout before the dust even settled.
    Corporate Bulletins

    CSC, GETO to build P1.36-B formworks plant in Bataan

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    Concrete Stone Corp. (CSC) and Jiangxi GETO New Materials Corporation Limited (GETO) have announced a P1.36-billion investment to construct a state-of-the-art formworks manufacturing facility in Mariveles, Bataan.
    Corporate

    GT Capital posts record 1H profit on strong banking, auto units

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    GT Capital Holdings Inc., the diversified conglomerate of the Ty family, reported a record net income of P18.42 billion for the first half of 2025, marking a 34 percent increase from P13.78 billion a year earlier.
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