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Tuesday, 14 October 2025, 10:38 pm

    Corporate

    JG Summit income fell 86% last year 

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    JG Summit Holdings Inc., the holding company of the Gokongwei family, on Thursday reported an 86 percent decline in income to P700 million last...

    Pagcor projects P225-B gross gaming revenues in 2023

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    The Philippine Amusement and Gaming Corporation (PAGCOR) is optimistic of delivering optimal performance as the agency aims for P244.84 billion industry gross gaming revenues...

    MWSS seeks greater water allocation from Angat dam

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    The Metropolitan Waterworks and Sewerage System (MWSS) is seeking greater raw water allocation from the National Water Resources Board (NWRB) that will allow Angat Dam...

    Ayala Land sells Areit shares at a discount

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    Property developer Ayala Land Inc. on Wednesday sold 205 million shares of Areit Inc. at P32.10 per share, equivalent to P6.58 billion. 

    Citicore attributes strong earnings to REIT shift

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    Citicore Energy REIT Corp., the first renewable energy real estate investment trust in the country, said Wednesday that its 2022 net income surged to...
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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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    Energy

    Pacific Sun proposes large scale solar farm in Ilocos Norte

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    Pacific Sun Renewables Corp. is planning to build a P4.9 billion solar power plant in Paoay, Ilocos Norte. The project aims to generate 120.96 megawatts (MW) of electricity and will cover about 81.81 hectares across Barangays Mumulaan, Suba, and Nagbacalan.
    Transport & Communications

    Graft trial of former ARTA chief Belgica to move forward — Sandiganbayan

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    The Sandiganbayan has ordered the graft trial of former Anti-Red Tape Authority (ARTA) chief Jeremiah Belgica and four other former officials to proceed, rejecting their appeals to halt the case.
    Context Dispatch

    Recto warns against trimming VAT rate

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    Finance Secretary Ralph Recto on Tuesday cautioned senators against approving a proposal to cut the value-added tax (VAT) rate from 12 percent to 10 percent, warning that such a move could significantly increase government debt and risk a credit rating downgrade.
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