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Net IIP inched higher in June

Banking & Insurance Context.ph Context.ph -
The country’s international investment position (IIP) showed a net liability position of $48.5 billion as at end-June this year, slightly higher by 2.5 percent than only $47.4 billion as at end-March, the Bangko Sentral ng Pilipinas (BSP) said on Friday. 

Government raising P150B from Treasury bill, bond auctions in October

Markets Context.ph Context.ph -
The Philippine government plans to raise a total P150 billion from the domestic capital market through the weekly auction of treasury bills and bonds in October.

Bloomberry raising P5.59B via two-step equity offering

Corporate Context.ph Context.ph -
Bloomberry Resorts Corp. said Friday its board approved a two-step capital-raising plan that would generate P5.59 billion for the listed resort and casino operations business of tycoon Enrique Razon.

Fernando Zobel elected as board member of Ayala Corp. 

Corporate Context.ph Context.ph -
Fernando Zobel de Ayala was elected Thursday as board director of Ayala Corp. and completed his return to the conglomerate following a medical leave last year. 

Vivant Corp. unit signs 20-year deal to buy electricity from Samal solar farm

Energy & Mining Context.ph Context.ph -
Vivant Corp. said Thursday one of its indirect renewable energy retail subsidiaries has signed a 20-year deal to buy electricity from Samal Solar Renewable Energy Corp., a company building a solar farm with a total capacity of 52 megaWatts-direct current.
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Zalameda named chief justice, inherits top court post

Context Dispatch 0
Rodil Zalameda will become the country’s next chief justice of the Supreme Court on Friday, November 6, succeeding Alexander Gesmundo, who retires after reaching the mandatory age limit.

BSP keeps eye on stability as double-digit lending growth pumps up liquidity

Top News 0
Robust borrowing from both businesses and households pushed the Philippine money supply upward in September, underscoring a tightly knit loop between active bank lending and circulating financial liquidity.

Tourist arrivals top 5M as US leads, China surges

Travel & Tourism 0
Foreign tourist arrivals in the Philippines surpassed five million as of November 4, growing 3.74 percent from 4.82 million in the same period last year, with a sharp rebound in Chinese visitors helping offset declining arrivals from South Korea.

Agri chief: Rice research key to helping farmers beat climate crisis 

Agriculture 0
Agriculture Secretary Francisco P. Tiu Laurel Jr. has emphasized how rice research and strong partnerships are helping Filipino farmers face growing climate threats, as the Philippine Rice Research Institute (PhilRice) celebrated its 41st anniversary Thursday, November 5.

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