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    BSP projects higher August inflation; forecast range 4.8%-5.6%

    Top News Context.ph Context.ph -
    The Bangko Sentral ng Pilipinas on Thursday projected higher inflation in August, noting increases in the price of rice and other agricultural products as well as fuel, higher transport cost, and the weaker peso during the month.

    ACEN plans to raise P25 billion preferred shares offer

    Corporate Context.ph Context.ph -
    ACEN Corp. said Tuesday its board approved a plan to raise as much as P25 billion from the sale of preferred shares.

    Bautista completing new set of rail projects for possible JICA support

    Transport & Communications Context.ph Context.ph -
    The Department of Transportation (DOTr) on Tuesday bared discussions with the  government of Japan for new railway infrastructure projects.

    Jesuits helping DENR craft climate information system

    Agriculture Context.ph Context.ph -
    The Department of Environment and Natural Resources (DENR), with the help of Jesuit-run Manila Observatory (MO), are crafting a climate change information system to help government manage risks linked to changing and variable climate.
    00:03:59

    Torre Lorenzo tags itself a boutique developer

    Property Context.ph Context.ph -
    Torre Lorenzo Development Corp., a builder of condominium projects proximate schools and busy establishments, wants to be known as a boutique developer that is everywhere. 
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    Meralco rejects DOE claim vs its delayed power supply deal

    Energy 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.”

    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.

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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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    Nora Aunor, 71, takes her final bow

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    Nora Aunor, the iconic voice that rose from the...
    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.
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