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Thursday, 12 June 2025, 10:54 pm

    Corporate

    Buoyant earnings cushion telco’s one-notch downgrade; credit outlook remains stable – S&P

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    S&P Global Ratings has downgraded the credit rating of PLDT Inc. by a notch mostly because of the budget overspending over the past four years. 

    Apex Mining 2022 earnings get lift from higher gold output, prices

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    Apex Mining Co. Inc. posted net income of  P3.34 billion in 2022, five times more than the previous year on account of better gold...

    MacroAsia Back In Black In 2022 As Travel Industry Rebounds

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    MacroAsia Corp. said Monday it returned to profitability in 2022 as gains from its aircraft maintenance, repair and overhaul, airline catering, ground handling and...

    Upson to list at the PSE 

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    Upson International Corp., retailer of personal computers and information technology products, is listing on Monday, April 3, at the main board of the Philippine...

    First Holdings earnings lift from power generation, real estate

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    First Philippine Holdings Corp., a listed firm that holds the major investments of the Lopez Group, said Friday that consolidated net income for 2022...
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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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    Markets

    PSE slashes STT under new law

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    The Philippine Stock Exchange (PSE) announced it will slash the stock transaction tax (STT) to 0.1 percent from the current 0.6 percent starting 1 July 2025, in line with the implementation of the Capital Markets Efficiency Promotion Act (CMEPA).
    Energy

    Floating solar gets a lift in revised DOE auction plan

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    The Department of Energy (DOE) has expanded the target capacity under the 4th Green Energy Auction (GEA4) to 10,653 MW, up from 10,478 MW, highlighting a policy shift to bolster floating solar deployment.
    Property

    DMCI Homes thrives on cautious buyer shift

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    DMCI Homes Inc., the residential arm of listed engineering giant DMCI Holdings Inc., reported sustained buyer interest in its residential development, even as industry analysts warn of a supply glut in parts of Metro Manila.
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