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Wednesday, 17 September 2025, 7:05 am

    Energy

    Petron accepts USD387M tender, exchange offer

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    Petron Corp., the oil refining and distribution arm of San Miguel Corp., has accepted a total of USD387.4 million in principal amount of existing securities tendered...

    Unilever powers PH sites with 100% geothermal energy

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    Unilever Philippines has renewed its partnership with First Gen Corp., the country’s leading renewable energy (RE) producer, to power seven of its production and distribution sites with approximately 10 megawatts of geothermal energy.

    Filinvest expands renewable energy shift with ERC recognition

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    The Energy Regulatory Commission (ERC) has recognized the Filinvest Group for leading the adoption of government’s power aggregation program, following the ceremonial switching of 11 Filinvest facilities to renewable energy in Alabang.

    Aboitiz signs P7.4B deal for Olongapo solar project

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    Aboitiz Renewables Inc., through its wholly-owned subsidiary AP Renewable Energy Corp. (APREC), has signed a P7.4-billion project finance agreement with the Bank of the...

    Meralco rate down in September on lower generation costs

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    The Manila Electric Co., the country’s largest power distributor that serves Metro Manila and parts of neighboring provinces, said Wednesday that power rate in September will be lower by P0.1852 per kiloWatt-hour due largely to lower generation costs.
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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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    Sports & Entertainment

    Alas stuns Egypt in FIVB pool game: redemption in 4 sets

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    It was a win long in the making—and for Alas Pilipinas, it felt like a cleansing rain after a dry season of close calls and unfulfilled promise. In front of an ecstatic home crowd at the Mall of Asia Arena, the Philippine men’s national volleyball team stunned World No. 21 Egypt in four searing sets—29-27, 23-25, 25-21, 25-21—in what may go down as the most memorable night in the country’s volleyball history.
    Banking & Insurance

    BSP deploys new anti-scam law to probe flood control corruption accounts

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    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.
    Transport & Communications

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

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    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.
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