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Saturday, 16 August 2025, 11:26 pm

    Markets

    Alfamart opens 2000th store in Laguna

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    Alfamart, the super minimart chain under the SM Group, opened its 2000th store in a residential village in Sta. Rosa, Laguna. Its opening highlights Alfamart's commitment to enhance grocery shopping accessibility for local neighborhoods and communities.

    Poultry from China worth P85 million seized at MICP

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    The Bureau of Customs has seized P85 million worth of smuggled poultry products from China in a warehouse in Parañaque City.

    P500 million worth of smuggled cigarettes seized in Bulacan

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    The Bureau of Customs has seized P500 million worth of smuggled cigarettes during a raid of warehouses in Bulacan.

    International Business Awards Name SM Investments Conglomerate of the Year

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    The International Business Awards (IBAs), one of the world’s premier business awards programs, have conferred SM Investments Corporation (SM Investments) with distinguished accolades at the 21st Annual International Business Awards®.

    JTI opens new Las Pinas branch

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    JTI Philippines formally inaugurated its new Las Pinas branch early this month, marking an important milestone for the company and demonstrating its continued growth and commitment to the country.
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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

    Abacore Capital reports 15% profit surge in 2024

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    Abacore Capital Holdings Inc. (PSE: ABA) reported a strong financial performance for 2024, with net income rising to ₱3.293 billion, up ₱429 million or nearly 15 percent from ₱2.864 billion in 2023. The company attributed this growth to a 35 percent increase in other income (₱3.458 billion), a reduction in administrative expenses to ₱155 million, and dividend income reaching ₱7.3 million.
    Banking & Insurance

    BSP unveils art exhibit on culture and capital

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    The Bangko Sentral ng Pilipinas (BSP), in collaboration with the National Museum of the Philippines (NMP), has launched “Kultura. Kapital. Kasalukuyan. Contemporary Art from the BSP Collection”, at the National Museum of Fine Arts in Manila.
    Corporate Bulletins

    Public-private pact powers Bacolod Rum Festival

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    The City Government of Bacolod and Tanduay Distillers Inc. have renewed their strategic partnership for the 5th Tanduay Bacolod Rum Festival, scheduled from 28 to 31 August, in alignment with the global observance of Rum Month.
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