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Bitcoin bursts above $68,000, record high comes into view

Markets Context.ph Context.ph -
Bitcoin rallied to a two-year high on Monday, breaking above $68,000 as a wave of money carried it within striking distance of record levels. The price hit a session high of $68,580 and was last at $68,161. Bitcoin hit a record $68,999.99 in November 2021.

ACEN Australia, Marubeni Asian Power sign deal for AUD250M solar project

Energy & Mining Context.ph Context.ph -
Philippine-listed renewable energy firm ACEN Corp. said Tuesday its unit, ACEN Australia, signed a cooperation agreement with Marubeni Asian Power Singapore for the joint development of a 200 megaWatt/400 MW-hour battery energy storage system in New South Wales.

ACEN rate adjustment claims could force Meralco to seek adjustments of its own

Energy & Mining Context.ph Context.ph -
The Manila Electric Co. (Meralco) said power rates in Metro Manila could go up should regulators allow ACEN Corp. to apply so-called change in circumstance (CIC) claims on its power supply agreements (PSAs) with the distribution utility. 

Japan’s new births fall to record low in 2023 as demographic woes deepen

Education, Health & Science Context.ph Context.ph -
The number of babies born in Japan fell for an eighth straight year to a fresh record low in 2023, preliminary government data showed on Tuesday, underscoring the...

China Bank posts record P22 billion net profit in 2023, up 15%

Banking & Insurance Context.ph Context.ph -
China Banking Corp., one of the lenders owned by the Sy Group, said Tuesday net profit in 2023 rose 15 percent to a record P22 billion on double-digit growth in net interest income and lower provisions for possible loan losses.
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Gokongwei, Salazar named MAP Management Persons of the Year

Corporate 0
The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

Finance 0
The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

Transport & Logistics 0
FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

Economy 0
President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.

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