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Thursday, 17 April 2025, 2:39 am

    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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    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.

    SM Prime sees strong demand for mall-based offices, accelerates provincial expansion

    Property 0
    SM Prime Holdings Inc. reported robust demand for its mall-based office spaces, driven by a growing preference among businesses for mixed-use developments that offer convenience, accessibility, and quality infrastructure.

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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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    Energy

    Meralco rejects DOE claim vs its delayed power supply deal

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    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.
    Corporate

    DoubleDragon acquiring control of MerryMart in P1.28-B deal

    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.
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