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Wednesday, 17 September 2025, 12:23 am

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    FDI continues to weaken in June – BSP

    Banking & Insurance Context.ph Context.ph -
    Foreign direct investments (FDI) that fell at an annual clip of 34 percent in May continued to fall in June but at a significantly moderate rate of only 3.9 percent in June, the Bangko Sentral ng Pilipinas (BSP) said on Monday.

    Government outstanding debt rises by P99.44B to P14.24T in July

    Top News Context.ph Context.ph -
    The Philippines’ outstanding national government debt increased further in July, rising by P96.44 billion to P14.24 trillion.

    Philippines July trade balance still in deficit; narrower on-year at $4.20B

    Top News Context.ph Context.ph -
    The Philippines’ balance of trade with the rest of the world still showed a wide deficit in July, with exports still lagging the value of products bought by the country to sustain the economy.

    Global goods trade show signs of upturn in Q2—WTO

    Top News Context.ph Context.ph -
    Trade in global goods showed signs of a turnaround in the second quarter of 2023, driven by strong automobile production and sales, according to the World Trade Organization (WTO).

    Employed Filipinos total 44.6M in July, down from 48.8M in June

    Top News Context.ph Context.ph -
    The Philippine economy lost more than 4 million jobs between July and June this year, with data released Friday by the Philippine Statistics Authority showing the number of employed Filipinos plunging to 44.6 million in July from 48.8 million in June.
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    BSP deploys new anti-scam law to probe flood control corruption accounts

    Banking & Insurance 0
    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

    Transport & Communications 0
    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.

    PAL tops Asia-Pacific for on-time performance in August

    Transport & Communications 0
    Flag carrier Philippine Airlines (PAL) has been named the most punctual airline in the Asia-Pacific region for August 2025, achieving an on-time performance (OTP) rating of 89.37 percent, according to global aviation analytics firm Cirium.

    Grab faces new oversight in driver incentives

    Transport & Communications 0
    Grab Philippines has signed a new agreement with the Philippine Competition Commission (PCC) to extend the regulatory review of its driver incentive program by another year, underscoring ongoing corporate oversight following its 2018 acquisition of Uber’s Southeast Asia operations.

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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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    Alas stuns Egypt in FIVB pool game: redemption in 4 sets

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    It was a win long in the making—and for Alas Pilipinas, it felt like a cleansing rain after a dry season of close calls and unfulfilled promise. In front of an ecstatic home crowd at the Mall of Asia Arena, the Philippine men’s national volleyball team stunned World No. 21 Egypt in four searing sets—29-27, 23-25, 25-21, 25-21—in what may go down as the most memorable night in the country’s volleyball history.
    Banking & Insurance

    BSP deploys new anti-scam law to probe flood control corruption accounts

    0
    The Bangko Sentral ng Pilipinas (BSP) has launched an investigation into bank accounts linked to the recent flood-control corruption controversy, invoking for the first time the newly enacted Anti-Financial Account Scamming Act (AFASA), or Republic Act No. 12010.
    Transport & Communications

    AMLC freezes assets of DPWH officials, contractors linked to ‘ghost projects’

    0
    The Anti-Money Laundering Council (AMLC) has issued freeze orders on the assets and bank accounts of multiple Department of Public Works and Highways (DPWH) officials and private contractors allegedly involved in fraudulent or “ghost” infrastructure projects, according to Public Works Secretary Vince Dizon.
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