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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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Households and businesses signal turnaround as economic optimism rebounds

Top News 0
Economic sentiment across the Philippines is turning a corner as both families and business owners show growing confidence in their financial future.

Gilas 3×3 women settle for silver, men fall short 

Sports & Entertainment 0
The Gilas Pilipinas 3x3 teams discovered on Friday that sometimes the basket simply refuses to cooperate. Both squads lost their final games at the Asian Games in Japan, with the women salvaging silver while the men were denied a place on the podium.

Heart disease remains country’s top cause of deaths

Education, Health & Science 0
For millions of Filipinos, the biggest health threat does not arrive with the dramatic suddenness of a typhoon or an infectious outbreak. Instead, it creeps in quietly, day by day, making ischaemic heart disease the undisputed leading cause of death in the country.

Philippines climbs WEF tourism ranking but lags ASEAN peers

Travel & Tourism 0
The Philippines has notched a notable jump in global tourism competitiveness, but structural hurdles continue to keep the country trailing its Southeast Asian neighbors.

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