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Proposed wage hikes impose 30% added costs for employers

Top News Context.ph Context.ph -
A top official of a national employers’ group warned that a P150 legislated daily wage increase will inflict “incalculable damage” on the economy and urged instead for more sustainable alternatives to help workers cope with the rising cost of living.

Debt payments, diminished gold value push GIR lower in September

Banking & Insurance Context.ph Context.ph -
The country's gross international reserves (GIR), an indicator of capacity to pay maturing foreign debt and trade obligations, stood lower in September to $98.7 billion from $99.6 billion, the Bangko Sentral ng Pilipinas (BSP said on Friday.

Draft circular on listed firm sustainability reports out – SEC

Corporate Context.ph Context.ph -
The Securities and Exchange Commission on Thursday has revised the sustainability reporting mandate for publicly listed companies to reflect the latest developments in global sustainability frameworks.

ERC considers removing price ceilings under GEA3

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) is considering the removal of price caps at the third Green Energy Auction (GEA3).

Government removes rice price caps 

Agriculture Context.ph Context.ph -
President Ferdinand Marcos Jr. on Wednesday announced the lifting of price caps on rice 29 days after first imposing the measure covering both the regular milled and well-milled staple. 
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BIR files P22.71-B tax evasion case against Sunwest Inc., top officers before DOJ

Corporate 0
The Bureau of Internal Revenue (BIR) filed criminal complaints on July 24, 2026, before the Department of Justice (DOJ) against Sunwest, Inc., its President Aderma Angelie Descarga Alcazar, and Treasurer Cesar Zacarias Buenaventura for tax evasion involving an estimated P22.71 billion deficiency income tax liability.

Elon Musk learns trillion-dollar fortunes can wobble

Opinion 0
Elon Musk has just misplaced about USD260 billion. Before anyone starts a crowdfunding campaign, though, he's still worth an estimated USD745 billion—comfortably enough to remain the world's richest person.

EU presses final push for Philippines trade deal

Trade & Investments 0
The European Union is calling for greater flexibility from both sides as negotiations for a free trade agreement (FTA) with the Philippines enter what Brussels describes as the "final stretch," raising expectations that a long-awaited pact could soon unlock new trade and investment opportunities.

Figaro clears key hurdle for Angel’s Pizza spin-off

Corporate 0
Listed food company Figaro Culinary Group Inc. has moved a step closer to carving out its fast-growing Angel's Pizza business after securing a key regulatory approval for its planned corporate restructuring.

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