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Tuesday, 11 November 2025, 12:22 pm

    Corporate

    GT Capital income rises 67% in 2022

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    GT Capital Holdings Inc., the holding firm of the Ty group, reported income rising 67 percent in 2022 to P18.4 billion from P11 billion the previous year, due mainly to the performance of its banking unit.

    Telco executives grateful for forensic audit outcome of P48B capex overruns

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    PLDT Inc. executives on Thursday heaved a collective sigh of relief following the completion of a forensic audit into elevated capital expenditures (capex) for the period 2019 to 2022. 

    Ovialand files for a P2.2 billion IPO

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    Socialized housing developer Ovialand Inc. is set to go public under a P2.21 billion initial public offering (IPO) at the Philippine Stock Exchange (PSE). Ovialand...

    Consumer sales, ad revenue help cut ABS-CBN 2022 losses by 54%

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    ABS-CBN Corp. on Thursday reported a sharp 54 percent reduction in net loss to only P2.6 billion in 2022 from P3 billion in 2021...

    PLDT core profits widen to P33.1B last year

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    PLDT Inc. on Thursday reported telco core net income growing 10 percent last year despite the  challenging economic environment. The country’s largest telco said telco...
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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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    Corporate

    Shell Pilipinas profits surge, cash flows strong

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    Shell Pilipinas Corp., the second largest oil company in the country, fired up its performance in the first nine months of the year, booking core earnings of P2.5 billion, up 10 percent year-on-year. That pushed net income to P1.3 billion, higher by 33 percent from the same period last year.
    Energy

    ACEN approves more funds for local projects

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    ACEN Corp. has approved additional funding for its local exploration project and for the planned Camarines offshore wind project being developed with Copenhagen Infrastructure Partners (CIP).
    Environment

    Gov’t hosts global meet on migratory bird conservation

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    The Philippines is hosting the 12th Meeting of Partners (MOP) of the East Asian–Australasian Flyway (EAAF) Partnership for the first time since the program began in 2006, the Department of Environment and Natural Resources (DENR) announced Monday.
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