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Friday, 14 November 2025, 5:31 am

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    4.7M took to the air with Cebu Pacific in only 2 months

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    Cebu Pacific has posted a strong 26.3 percent increase in passenger number for February this year, a result that exceeded expectations for a typically lean month. The airline carried 2.2 million passengers during the period, up from 1.72 million in the same month last year, driven by a significant boost in seat capacity.

    2024 BOP surplus reflects robust financial inflows despite 4Q deficit

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    The country's balance of payments (BOP) posted a surplus of USD609 million in 2024, a decline from the USD3.7 billion surplus in 2023, according to the Bangko Sentral ng Pilipinas (BSP). This, the BSP said, was driven by a widened current account deficit, which grew by 41.4 percent to USD17.5 billion for the year. The deficit stemmed from a larger trade deficit and reduced receipts in services, partially offset by increased income transfers.

    Manila Water rates to rise by 4 centavos with FCDA adjustment; Maynilad customers spared for now

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    Starting 1 April this year, Manila Water customers pay 4 centavos more per cubic meters a month due to adjustments in the foreign currency differential or FCDA component of their water bills as confirmed Thursday by the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO). The adjustment, arising from fluctuations in currency exchange rates, will impact consumers differently, with regular users seeing hikes of up to P0.90 per month, even as enhanced lifeline and low-income users remain exempt.

    Retaliatory tariffs hurt U.S. Spirits companies

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    For spirit producers like Brown-Forman, maker of Jack Daniel's whiskey and other alcoholic beverages, the news felt like a splitting headache after a long night. On Wednesday, shares of Brown-Forman dropped 5% due to the escalating trade tensions between the U.S. and some of its closest allies.

    AirAsia PH to go public, eyes expansion with IPO

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    AirAsia Philippines said Wednesday it plans to list on the Philippine Stock Exchange (PSE) within a year to support its growth and expansion efforts.
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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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    Alternergy Launches Retail Power Unit

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    Renewable energy trailblazer Alternergy Holdings Corp. is strengthening its position in the power industry with the launch of its retail electricity supply arm, ALTER Power RES, Inc. (ALTER Power), after securing approval from the Securities and Exchange Commission.
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    Juan Ponce Enrile, key Martial Law figure and EDSA rebel, dies at 101

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    Former Senate President Juan Ponce Enrile, who at 101 still served as chief legal adviser to President Ferdinand Marcos Jr., passed away on Thursday, his daughter Katrina Ponce Enrile announced. “With profound love and gratitude, my father peacefully returned to his Creator on November 13, 2025, at 4:21 p.m., surrounded by our family at home,” she said, adding that it was her father’s wish to take his final breath in their residence. JPE, as he is known, was hospitalized earlier this week, battling pneumonia. The family requested privacy as they grieve, with details of public viewing to follow. Enrile served several presidents, including the late Ferdinand Marcos Sr. and Corazon Aquino—both as Defense Secretary. The Senate expressed sorrow and, following tradition, suspended deliberation on the government’s 2026 budget following the passing of its former leader, a figure both vilified for his role during the Martial Law years and revered for EDSA People’s Power Revolution.
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    MVP Group in early talks to acquire Villar’s Prime Water

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    The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.
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