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BPI sets record 9-month net income on sustained loan, margin expansion

Corporate Context.ph Context.ph -
Bank of the Philippine Islands said Thursday hit a historical high for nine-month net income on the back of sustained loan and interest margin...

Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory

Markets Context.ph Context.ph -
Tesla CEO Elon Musk said on Wednesday that he was concerned about the impact of high interest rates on car buyers, adding the electric vehicle maker was hesitating on its plans for a factory in Mexico as it gauges the economic outlook.

Meat imports down 8.6 percent over nine months

Agriculture Context.ph Context.ph -
The Philippines imported 923.16 million kg of meat in the first nine months, down 8.6 percent from 1.01 billion kilos of the commodity last year, according to the Bureau of Animal Industry (BAI).

Bayad, RCBC renew digital financial services pact

Banking & Insurance Context.ph Context.ph -
CIS Bayad Center, Inc. (Bayad), a pioneer in the outsourced payment collection systems in the country, has renewed its partnership with Rizal Commercial Banking Corporation (RCBC), enabling inclusive financial services through RCBC Diskartech and RCBC ATM Go.

President Marcos stalls push to implement Maharlika Fund

Top News Context.ph Context.ph -
President Ferdinand Marcos Jr. stalled the rapid push to bring to life the Maharlika Investment Fund, seeking more time to review the details of the implementing rules and regulations, or IRR, to ensure safeguards are in place.
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BIR sets year-end deadline for e-invoicing compliance

Economy 0
Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.

Philippine-EU trade deal key as GSP+ exit nears

Trade & Investments 0
The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).

UK seeks immediate trade gains with Philippines

Trade & Investments 0
The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.

Taiwan firm brings robotics manufacturing to Batangas

Communications & Technology 0
Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.

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