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Meralco commits to power the P488-billion Metro Manila Subway

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) and power distributor Manila Electric Co. (Meralco) on Thursday signed an agreement ensuring uninterrupted power and reliable service for the country's first underground railway, the Metro Manila Subway.

BSP confirms forecast and maintains policy settings

Banking & Insurance Context.ph Context.ph -
The policy-making monetary board of the Bangko Sentral ng Pilipinas (BSP) on Thursday decided to keep its borrowing rate unchanged at 6.50 percent, confirming market forecasts. As at result, the interest rates on overnight deposits and lending facilities were kept at 6 percent and 7 percent, respectively.

SPNEC makes it to the MSCI Small Cap Index

Energy & Mining Context.ph Context.ph -
SP New Energy Corp. has made it to the exclusive MSCI Philippines Small Cap Index, the only addition to the closely watched stock market gauge.

Arthur Tan to step down as IMI chief executive

Corporate Context.ph Context.ph -
Ayala-led Integrated Micro-electronics Inc. is not renewing Arthur R. Tan as chief executive officer when his term expires on 25 April this year.

BTr sets coupon on new 5Y, retail bonds at 6.25%; public offer ends Feb. 23

Banking & Insurance Context.ph Context.ph -
The Bureau of the Treasury (BTr) on Tuesday set at 6.25 percent the coupon rate on the new five-year, peso-denominated, fixed-rate retail treasury bond that it will offer to the public until 23 February.
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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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