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Thursday, 17 April 2025, 2:27 am

    Tag: Editors' Picks

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    NexGen share price made little gains on its debut

    Energy Context.ph Context.ph -
    NexGen Energy Corp. shares made little gains on its debut Tuesday at the Philippine Stock Exchange trading under the ticker sign XG.

    Online marketplace should start collecting withholding tax from merchants—BIR

    Top News Context.ph Context.ph -
    The Bureau of Internal Revenue said Tuesday the electronic marketplaces operating in the country such as Shoppee and Lazada should start imposing withholding tax on sellers and merchants using their online platform.

    DA chief calls for modernization of Philippine crop insurance practices

    Agriculture Context.ph Context.ph -
    Agriculture Secretary Francisco P. Tiu Laurel, Jr. urged the Philippine Crop Insurance Corp. (PCIC) to modernize its operations and develop more affordable insurance products and services to better serve farmers, fisherfolk and livestock raisers.

    Del Monte Pacific tells SGX it could effectively manage its debts

    Top News Context.ph Context.ph -
    Del Monte Pacific Ltd. expressed confidence it could timely and effectively manage its financial obligations after the Singapore Exchange Securities Trading Ltd., or SGX, raised concerns about its current liabilities exceeding the amount of its current assets by USD417.3 million and other financial indicators.

    Jollibee reports cybersecurity breach, initiates protocols to protect data

    Corporate Context.ph Context.ph -
    Jollibee Foods Corp., the country’s largest restaurant chain, said it experienced during the weekend a cybersecurity incident resulting in a personal data breach affecting the company and several of its subsidiaries.
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    Metro Retail’s 2024 profit dips despite sales growth, expansion push

    Corporate 0
    Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.

    DoubleDragon acquiring control of MerryMart in P1.28-B deal

    Corporate 0
    DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.

    SEC-SM tandem launches videos vs scams

    Social Responsibility & Sustainability 0
    The Securities and Exchange Commission (SEC), in partnership with BDO Foundation, has unveiled new investor protection materials aimed at safeguarding the public from financial investment scams.

    SM Prime sees strong demand for mall-based offices, accelerates provincial expansion

    Property 0
    SM Prime Holdings Inc. reported robust demand for its mall-based office spaces, driven by a growing preference among businesses for mixed-use developments that offer convenience, accessibility, and quality infrastructure.

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    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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    Energy

    Meralco rejects DOE claim vs its delayed power supply deal

    0
    The Manila Electric Co. (Meralco), the country’s largest power distributor, pushed back against claims by the Department of Energy (DOE) that its delayed power supply agreement (PSA) is contributing to high electricity prices, calling the accusations “false and misleading.”
    Corporate

    Metro Retail’s 2024 profit dips despite sales growth, expansion push

    0
    Metro Retail Stores Group Inc. (MRSGI), the Gaisano family’s retail arm, reported a slight 1 percent decline in net income to ₱609.42 million in 2024 from ₱618.02 million a year earlier, as rising sales were tempered by tighter margins and strategic shifts in business mix.
    Corporate

    DoubleDragon acquiring control of MerryMart in P1.28-B deal

    0
    DoubleDragon Corp. is acquiring the 35 percent stake of Injap Investments Inc. in grocery chain operator MerryMart Consumer Corp. for P1.28 billion, marking a strategic move that aligns with its ongoing transformation into a diversified investment holding company.
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