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Friday, 09 January 2026, 10:44 pm

    Tag: First Gen

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    First Gen eyes closing P50B deal with Prime Infra in 3 Months

    Energy Context.ph Context.ph -
    First Gen Corp., the power generation arm of the Lopez Group, said it expects to finalize within two to three months a deal to sell a 60 percent stake in its natural gas business to Prime Infrastructure Capital Inc., owned by billionaire Enrique Razon Jr.

    First Gen reports 12% drop in 2024 net income to USD245M

    Corporate Context.ph Context.ph -
    First Gen Corporation, the Lopez Group’s clean and renewable energy provider, reported a 12 percent decline in attributable recurring net income for 2024, amounting to USD245 million (P14.0 billion), compared to USD277 million (P15.4 billion) in 2023. 

    Monthly public ownership reports required of dozen PSE-listed firms

    Corporate Context.ph Context.ph -
    A little over a dozen companies listed on the Philippine Stock Exchange (PSE), including those owned by prominent families, are now required to submit monthly public ownership reports (POR)—an early-warning system established by the bourse to monitor firms teetering close to the minimum ownership threshold.

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    IR Impact names SM Investments’ annual report best in region

    Corporate Bulletins 0
    SM Investments Corporation, the parent company of the SM Group, was named Best Annual Report at the IR Impact Awards – Southeast Asia held in December 2025. The award recognizes the company’s strong reporting and disclosure practices, particularly its integrated report, which clearly explains its business strategy, performance, governance, and long-term plans for creating value.

    Mitsubishi seeks to fast-track CARS claims

    Economy 0
    Mitsubishi Motors Philippines Corp. (MMPC) said it will work closely with government agencies to ensure the swift processing and release of its incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program, following President Ferdinand Marcos Jr.’s veto of the program’s proposed 2026 budget allocation.

    House lawmakers meet IAEA chief to advance nuclear energy agenda

    Energy 0
    A member of the House of Representatives recently met with International Atomic Energy Agency (IAEA) director general Rafael Mariano Grossi to discuss the potential role of nuclear energy in addressing the country’s ongoing power challenges.

    Globe sets up battery hubs to keep network running during typhoons

    Corporate Bulletins 0
    Globe Telecom Inc. is deploying battery charging hubs in typhoon-prone areas of South Luzon and Bicol to help keep mobile and internet services running during power outages.

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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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    Investor pullback seen behind rise in unemployment

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    The privately owned umbrella group Employers Confederation of the Philippines (ECOP) said the recent rise in unemployment is largely due to the corruption scandal that has shaken investor confidence in the country.
    Corporate Bulletins

    IR Impact names SM Investments’ annual report best in region

    0
    SM Investments Corporation, the parent company of the SM Group, was named Best Annual Report at the IR Impact Awards – Southeast Asia held in December 2025. The award recognizes the company’s strong reporting and disclosure practices, particularly its integrated report, which clearly explains its business strategy, performance, governance, and long-term plans for creating value.
    Economy

    Mitsubishi seeks to fast-track CARS claims

    0
    Mitsubishi Motors Philippines Corp. (MMPC) said it will work closely with government agencies to ensure the swift processing and release of its incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program, following President Ferdinand Marcos Jr.’s veto of the program’s proposed 2026 budget allocation.
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