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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

Converge ICT targets 10% revenue growth, expands fiber network, names new board chair

May 31, 2026 0

Converge ICT Solutions Inc. expects its 2026 revenue to grow 8 to 10 percent, driven by more residential and enterprise subscribers and plans to build one million new fiber ports. At its annual stockholders’ meeting, president Mary Grace Uy reported the firm earned ₱44.8 billion in 2025, up 10.2 percent year-on-year. In the first quarter of 2026, revenue rose 3.7 percent to ₱11.2 billion while net income reached ₱3.02 billion, with profit margins staying among the industry’s strongest despite growth falling slightly short of targets.

Transport & Logistics

PAL takes delivery of second A350-1000

May 31, 2026 0

Philippine Airlines (PAL), the country’s flag carrier, has received its second Airbus A350-1000, continuing its fleet modernization program.

Corporate

Industry giants build pioneering intelligent city, pilot in Makati CBD

May 31, 2026 0

Four major industry players—Ayala Corporation, Globe Telecom, Mitsubishi Corp., and KDDI Corp.—have partnered to develop the country’s first Intelligent City, with Makati Central Business District chosen as the pilot site.

Communications & Technology

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