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Friday, 16 May 2025, 6:10 am

    Corporate

    Pasay City cites SM companies among its top taxpayers

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    SM group’s various businesses were recognized as top taxpayers in Pasay City in appreciation ceremonies held at Conrad Manila.
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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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    Banking & Insurance

    Manulife wins Digital CX Award

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    Manulife Philippines, the local arm of Canadian financial services giant Manufacturers Life Insurance Co., has been named Outstanding Digital CX – Life Insurance winner at the Digital CX Awards 2024 in Singapore, a prestigious recognition organized by The Digital Banker.
    Corporate

    Higher electricity sales power 8% profit rise for CREC

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    Citicore Renewable Energy Corp. (CREC) reported an 8 percent increase in net income for the first quarter of 2025, rising to ₱230 million from ₱213 million last year, buoyed by a sharp uptick in electricity sales.
    Energy

    DOE urges fair insurance premium for transitioning coal plants

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    The Department of Energy (DOE) is calling on insurance providers to offer more reasonable premium rates for coal-fired power plants, warning that disproportionate insurance costs threaten the operational stability of power sources crucial to the national energy mix.
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