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Tuesday, 13 May 2025, 6:35 pm

    Corporate

    Cement maker acquires DTI certification

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    Listed-firm Century Peak Holdings Corp. on Tuesday said its construction-related business has secured quality standard certification for its blended hydraulic and prime or Portland...

    Home mortgage prices unlikely to come down just yet – Col Financial

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    The price stability measures of the Bangko Sentral ng Pilipinas (BSP) translating as friction costs on the property sector are seen to persist during the year, online stockbroker Col Financial Group Inc. said in its paper released on Monday.

    Petron accepts $22.5M of perpetual bonds tendered by holders

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    Petron Corp., the oil company of Philippine conglomerate San Miguel Corp., said Monday it has decided to repurchase $22.5 million of its $500 million...

    Globe expands 5G coverage in Visayas, Mindanao

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    Globe Telecom Inc. said Monday it expanded its 5G coverage in the Visayas and Mindanao, adding 212 and 25 sites, respectively, to provide more consumers and businesses improved connectivity and access to faster data speeds as well as jump start economic activity slowed by the pandemic.

    Converge spent P7.2B of P10B  maiden bond offer in 2022

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    Converge Information and Communications Technology Solutions Inc. already spent the bulk of the proceeds of its maiden P10 billion bond offer last year, raising...
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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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    BOC cited for key role in PH Exit from FATF grey list

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    President Ferdinand R. Marcos Jr. lauded the Bureau of Customs (BOC) for its instrumental role in the Philippines’ successful removal from the Financial Action Task Force (FATF) Grey List, ending a three-year effort to meet global anti-money laundering and counter-terrorism financing standards. The President cited BOC’s enhanced monitoring of cross-border cash movement as a major contributor to the country’s compliance with FATF action items. He recalled issuing a directive in October 2023 instructing key government agencies—including the BOC—to implement reforms aligned with the FATF’s recommendations.
    Corporate Bulletins

    Security Bank wins Best Customer Loyalty Program Award

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    Security Bank's BetterBanking Rewards Program was named Best Customer Loyalty Program at the International Finance Awards 2025, underscoring the bank’s commitment to innovation, sustainability, and customer satisfaction.
    Energy

    Axelum taps First Gen for geothermal power in sustainability push

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    Axelum Resources Corp., a leading exporter of premium coconut products, has signed a power supply agreement with First Gen Corp. for up to 5.2 megawatts (MW) of geothermal energy, underscoring Axelum’s shift toward renewable energy (RE) to support its sustainability and operational goals.
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