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Citi remains bullish on Philippines, sees 6.2% GDP growth

Banking & Insurance Context.ph Context.ph -
Citi, a leading global bank and the largest foreign bank in the country, retains a positive outlook on the Philippines amid a challenging year ahead for the global economy.

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Globe expands green fleet, surpasses early emissions targets

Transport & Logistics 0
Globe has grown its hybrid and electric vehicle pool to 570 units as of August 2026, part of broader energy‑efficiency moves to advance its net‑zero goals.

BSP flags 7.1‑8.1% October inflation range after September price surge

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) has projected headline inflation for October to land between 7.1  percent and 8.1 percent, following a sharp pickup in consumer prices recorded by the Philippine Statistics Authority (PSA) last month.

Meralco deploys Philippines’ first 34.5-kV mobile switchgear

Energy & Mining 0
Manila Electric Co. (Meralco) has deployed the Philippines’ first 34.5-kilovolt (kV) mobile switchgear, giving the country’s largest power distributor a portable tool for upgrading substations while keeping customers supplied with electricity.

Semirara Mining Q3 profit rises 66% led by strong power earnings

Corporate 0
Semirara Mining and Power Corporation (SMPC) reported a 66‑percent jump in third‑quarter net income to P2.4 billion from P1.5 billion a year earlier, driven by stronger power‑segment gains and lower non‑cash charges that offset weaker coal performance. For the first nine months of 2026, consolidated net income grew 11 percent to P11.0 billion, with power operations accounting for 78 percent of total earnings.

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