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Monday, 23 June 2025, 3:45 pm

    Tag: Editors' Picks

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    San Miguel raises P13B via preferred shares sale

    Corporate Context.ph Context.ph -
    San Miguel Corp. said Thursday it raised nearly P13 billion from the private placement of 173.3 million series 2-M preferred shares.

    PSALM eyes cutting inherited burden by yearend

    Energy Context.ph Context.ph -
    The Power Sector Assets and Liabilities Management Corp. (PSALM) looks to cut its financial obligations to P306.6 billion by the end of the year. Dennis...

    Ayala sells majority stake in German auto parts maker 

    Corporate Context.ph Context.ph -
    Ayala Corp. on Tuesday bared selling its majority stake in the German auto parts maker MT Technologies GmbH and focus on its core businesses of real...

    Globe bares sharp drop in scam messages

    Transport & Communications Context.ph Context.ph -
    Globe Telecom Inc. on Tuesday reported a 46 percent drop in bank-related scam and spam messages in its network in the first half this...

    ERC formally asks Congress to suspend listing rule covering small RE players

    Top News Context.ph Context.ph -
    The Energy Regulatory Commission (ERC) is asking lawmakers to consider suspending the mandatory listing of energy companies at the local bourse to encourage the entry of more renewable energy (RE) companies.
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    MPower secures extended deal to power Gokongwei facilities

    Energy 0
    MPower, the retail electricity supply unit of Manila Electric Company (Meralco), has renewed its retail electricity supply (RES) contract with the Gokongwei Group, reinforcing a strategic energy partnership that powers the latter’s key commercial and industrial facilities across Luzon.

    PAL to receive first Airbus A350-1000 in 4Q as fleet renewal begins

    Transport & Communications 0
    The Philippine Airlines (PAL) on Monday confirmed that the first Airbus A350-1000 aircraft will arrive in the fourth quarter this year, marking the start of its fleet renewal and long-haul growth strategy for the flag carrier.

    RCBC posts 44% surge in credit card receivables

    Banking & Insurance 0
    Rizal Commercial Banking Corp. (RCBC) has reported one of the fastest-growing credit card portfolios in the country, with receivables soaring 44 percent year-on-year to ₱116.98 billion as of March 2025, based on company data. This significantly outpaced the industry’s 29 percent average growth, according to the Credit Card Association of the Philippines (CCAP).

    Economic council OKs P27.7B rural bridge program

    Agriculture 0
    The Economy and Development (ED) Council, chaired by President Ferdinand R. Marcos Jr., has approved the P27.7-billion Farm-to-Market Bridges Development Program (FMBDP) of the Department of Agriculture that will be financed through official development assistance from the government of France.

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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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    Transport & Communications

    Bridge hits spark urgent review of truck clearance rules

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    The Confederation of Truckers Association of the Philippines (CTAP) has raised concerns over the increasing number of trucks hitting bridges across major highways, citing outdated vertical clearances as a persistent and nationwide issue.
    Energy

    MPower secures extended deal to power Gokongwei facilities

    0
    MPower, the retail electricity supply unit of Manila Electric Company (Meralco), has renewed its retail electricity supply (RES) contract with the Gokongwei Group, reinforcing a strategic energy partnership that powers the latter’s key commercial and industrial facilities across Luzon.
    Transport & Communications

    PAL to receive first Airbus A350-1000 in 4Q as fleet renewal begins

    0
    The Philippine Airlines (PAL) on Monday confirmed that the first Airbus A350-1000 aircraft will arrive in the fourth quarter this year, marking the start of its fleet renewal and long-haul growth strategy for the flag carrier.
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