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Thursday, 24 April 2025, 5:31 pm

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    2Q 2024 external liabilities eased, but government and corporate debt pressure mounts

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    The country's external financial landscape showed mixed signals in 2Q 2024, with a 3.6 percent quarter-on-quarter easing in its net external liability position to P2.9 trillion, down from P3 trillion in 1Q 2024.

    DBCC commits to 2 percent to 4 percent inflation target to anchor economic expectations

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    Food-driven high inflation, averaging a three-month high of 2.5 percent in November, is forecast to average no higher than 3.1 percent in December, the Bangko Sentral ng Pilipinas (BSP) said on Friday.

    Govt on track to meet fiscal goals; 11-month revenue at 96% of target

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    The Philippine government is on track to meet its fiscal goals for 2024, with revenue collection outpacing the target as of November, helping keep...

    Remittances seen rounding 2024 at $40 billion

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    Remittances, a potent source of external liquidity for the Philippines, is projected to round the year at more than USD40 billion this year, according to latest estimates by the World Bank.

    Globe Business helps power cooperatives with digital transformation

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    In a move helping empower cooperatives across the Philippines, Globe Business is enabling digital transformation to improve member engagement, streamline operations, and promote sustainable growth.
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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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    Bloomberry to launch online gaming platform as it eyes broader market reach

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    Bloomberry Resorts Corp., operator of Solaire Resort and Casino, announced plans to officially launch its online gambling business by late May or early June, a move seen as a strategic expansion to diversify revenue streams and solidify its market leadership in the Philippine gaming sector.
    Energy

    Manila Water subsidiaries pioneer power aggregation in Laguna, eyes sustainability gains

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    Manila Water Co. Inc. on Thursday said that its subsidiaries, Laguna Water and Laguna Aquatech, have successfully transitioned to the electricity Retail Aggregation Program (RAP), marking the program’s first implementation outside Metro Manila.
    Corporate Bulletins

    Converge Champions Digital Talent Development at Hackfest 2025

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    Converge ICT Solutions Inc., a leading fiber broadband and technology provider in the Philippines, further cemented its role in digital innovation and talent development through active participation in Google Developer Student Clubs Loyola’s Hackfest 2025: Horizon, an 11-day student-led hackathon designed to foster innovation among young developers.
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