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Thursday, 17 April 2025, 2:50 am

    Travel

    Empowering local communities: TPB’s successful Albay tourism program

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    The Tourism Promotions Board (TPB) Philippines has concluded the Albay leg of its community-based tourism (CBT) marketing enhancement program, held from 6 to 10 December.

    Philippine Tourism agency shifts focus to quality metrics

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    The Philippines tourism sector is pivoting toward measuring impact through visitor experience rather than simply focusing on arrival numbers, Tourism Secretary Christina Frasco said at her agency’s year-end briefing.

    Philippines paves the way for Hong Kong’s tourism comeback

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    Hong Kong, on November 29, celebrated a major tourism milestone, welcoming its millionth visitor of the year from the Philippines.

    Philippines shines at ITB Asia 2024 with record sales leads

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    The Philippines made a powerful statement at ITB Asia 2024, held from 23 to 25 October at the Sands Expo Convention Centre in Singapore.

    Philippines unveils M.I.C.E. Program at IBTM World 2024

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    The Philippines continues to solidify its status as a leading destination for business events with the launch of its “M.I.C.E. Philippines: We Take Your Business to Heart” program at the IBTM World 2024 in Barcelona.
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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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    Energy

    Meralco rejects DOE claim vs its delayed power supply deal

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    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”
    Corporate

    Metro Retail’s 2024 profit dips despite sales growth, expansion push

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    Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.
    Corporate

    DoubleDragon acquiring control of MerryMart in P1.28-B deal

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    DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.
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