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Wednesday, 11 June 2025, 3:01 pm

    Corporate

    Puregold 2022 net income rises 13% on strong sari-sari store base 

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    Puregold Price Club Inc., the grocery chain of businessman Lucio Co, reported net income last year growing 13 percent to P9.3 billion from previous...

    Shell Pilipinas income rise mainly on lower tax provision

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    Shell Pilipinas Corp., a listed oil distributor, posted audited net income of P4.06 billion in 2022, up 5.7 percent from P3.86 billion recorded in...

    Meralco moving deeper into the renewable energy space

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    The Manila Electric Co. (Meralco) is moving deeper into the renewable energy space with its participation not just in owning and operating electric vehicles,...

    MPIC to invest in SPNEC

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    Metro Pacific Investments Corp. (MPIC) has entered into a definitive agreement to invest P2 billion to acquire 1.6 billion common shares of SP New...

    American firm to invest P4.35B in Clark EV assembly plant

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    American firm Envirotech Vehicles Inc. is spending up to $80 million (P4.35 billion) in a planned electric vehicle (EV) assembly plant in Clark, Pampanga.
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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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    Agriculture

    PH, Egypt in talks to expand agri-trade opportunitiesAgriculture

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    The Philippines is actively pursuing deeper agricultural trade ties with Egypt, with Agriculture Secretary Francisco P. Tiu Laurel Jr. meeting with Egyptian Ambassador Nader Nabil Zaki on 5 June to explore broader market access for high-value Philippine produce, particularly mangoes and bananas.
    Energy

    Filinvest-ENGIE JV energizes 3MWp solar rooftop project for Nexperia Phils.

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    The Filinvest Group and ENGIE Services Philippines, through its joint venture company, Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE), has completed a 3-megawatt-peak (MWp) solar rooftop system for Nexperia Philippines, Inc. in Cabuyao, Laguna.
    Energy

    Meralco reduces power rates for June bill

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    Manila Electric Co., the country’s largest power distributor better known as Meralco, announced on Wednesday a reduction in electricity rates, lowering charges by P0.1076 per kiloWatt-hourin June, the second rate reduction in as many months.
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