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Sunday, 17 August 2025, 2:05 am

    Corporate

    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...

    Citi integration tempers Union Bank earnings growth

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    Union Bank of the Philippines said Monday first half net income rose 6 percent year-on-year to P6.4 billion, with higher operating cost tempering gains...

    Non-recurring losses weigh down Aboitiz Equity earnings in 1H

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    Aboitiz Equity Ventures Inc., the listed investment holding company of the Aboitiz Group, posted net income for the first half of P10.5 billion, 11...

    Cemex widens 1H loss on rising input cost, declining sales volume

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    Cement Holdings Philippines Inc., a leading cement producer,  said Friday it widened its net loss to P662 million in the first half from P267...

    PH Resorts finalizing talks with investors for Emerald Bay, may sell idle assets

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    PH Resorts Group Holdings Inc., the gaming and tourism holding company of the Udenna Group, said Friday it may soon close a deal with...
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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

    Abacore Capital reports 15% profit surge in 2024

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    Abacore Capital Holdings Inc. (PSE: ABA) reported a strong financial performance for 2024, with net income rising to ₱3.293 billion, up ₱429 million or nearly 15 percent from ₱2.864 billion in 2023. The company attributed this growth to a 35 percent increase in other income (₱3.458 billion), a reduction in administrative expenses to ₱155 million, and dividend income reaching ₱7.3 million.
    Banking & Insurance

    BSP unveils art exhibit on culture and capital

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    The Bangko Sentral ng Pilipinas (BSP), in collaboration with the National Museum of the Philippines (NMP), has launched “Kultura. Kapital. Kasalukuyan. Contemporary Art from the BSP Collection”, at the National Museum of Fine Arts in Manila.
    Corporate Bulletins

    Public-private pact powers Bacolod Rum Festival

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    The City Government of Bacolod and Tanduay Distillers Inc. have renewed their strategic partnership for the 5th Tanduay Bacolod Rum Festival, scheduled from 28 to 31 August, in alignment with the global observance of Rum Month.
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