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Sunday, 22 February 2026, 10:46 am

    Tag: First Gen

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    Razon’s Prime Infra finalizes deal to buy 60% of First Gen gas units

    Energy Context.ph Context.ph -
    First Gen Corp., the listed power generation arm of the Lopez Group, has finalized a deal to sell a 60 percent stake in its Batangas-based natural gas businesses to Prime Infrastructure Capital Inc., owned by tycoon Enrique Razon.

    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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    Trump sidesteps court, raises global tariff to 15%

    Economy 0
    Just hours after the US Supreme Court struck down his global tariff regime, President Donald Trump did what markets have come to expect and went bigger.

    EastWest profit surges on strong momentum

    Banking & Insurance 0
    East West Banking Corp., the country’s 11th largest lender by assets, capped 2025 with a 21 percent jump in net income to P9.2 billion, powered by robust core revenues, double-digit fee growth and tighter cost discipline, underscoring the bank’s expanding earnings engine in a competitive market.

    Rafael Fernandez de Mesa: The other Rafa who built his own court

    Executive Profile 0
    Rafael Fernandez de Mesa likes to open with a joke. In another life, he says, he might have been the first Rafa people talked about. Instead, that distinction belongs to Rafael Nadal. Fernandez de Mesa found his arena elsewhere, trading baseline rallies for balance sheets.

    When safety grounds flights, bills soar

    Opinion 0
    Gilbert had barely settled into his seat on a Friday evening flight bound for Manila, pleased to be heading home after several days of meetings in Mindanao. An hour later, the single-aisle jet remained parked on the tarmac at Francisco Bangoy International Airport, engines silent, cabin restless.

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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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    Economy

    Trump sidesteps court, raises global tariff to 15%

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    Just hours after the US Supreme Court struck down his global tariff regime, President Donald Trump did what markets have come to expect and went bigger.
    Banking & Insurance

    EastWest profit surges on strong momentum

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    East West Banking Corp., the country’s 11th largest lender by assets, capped 2025 with a 21 percent jump in net income to P9.2 billion, powered by robust core revenues, double-digit fee growth and tighter cost discipline, underscoring the bank’s expanding earnings engine in a competitive market.
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