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Wednesday, 06 August 2025, 11:10 pm

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    WESM power rates up 3.4% in July amid supply constraints

    Energy 0
    The nationwide average electricity rate in the Wholesale Electricity Spot Market (WESM) rose by 3.4 percent in July, reaching P3.99 per kilowatt-hour (kWh) from P3.86/kWh in June, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

    SMFB posts 15% rise in 1H net income

    Corporate 0
    San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of P23 billion for the first half of 2025, up 15 percent from a year earlier driven by steady sales performance and improved cost management.

    Ayala Land posts 8% profit growth, eyes stronger H2 amid strategic expansions

    Corporate 0
    Ayala Land Inc. (ALI), the country’s second-largest property developer, reported an 8 percent increase in net income to ₱14.2 billion for the first half of 2025, up from ₱13.12 billion in the same period last year, driven by the resilience of its diversified real estate portfolio.

    GCash adds responsible gambling safeguard to platform, backing regulatory push

    Transport & Communications 0
    GCash, the mobile wallet service under Globe Telecom, is rolling out new platform features to bolster responsible online gaming, reinforcing its commitment to user safety and regulatory compliance.

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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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    Transport & Communications

    SIA unit expands MRO operations to NAIA

    0
    SIA Engineering Company (SIAEC), a leading aircraft maintenance, repair, and overhaul (MRO) provider in the Asia-Pacific region, is expanding into the Philippines. 
    Energy

    WESM power rates up 3.4% in July amid supply constraints

    0
    The nationwide average electricity rate in the Wholesale Electricity Spot Market (WESM) rose by 3.4 percent in July, reaching P3.99 per kilowatt-hour (kWh) from P3.86/kWh in June, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
    Corporate

    SMFB posts 15% rise in 1H net income

    0
    San Miguel Food and Beverage Inc. (SMFB) reported a consolidated net income of P23 billion for the first half of 2025, up 15 percent from a year earlier driven by steady sales performance and improved cost management.
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