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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

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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

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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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Globe extends monsoon relief to Central Luzon families

Social Responsibility & Sustainability 0
Globe is providing relief assistance to 700 families in Pampanga, Bulacan, and Bataan still recovering from the Southwest Monsoon, in partnership with Ayala Foundation Inc. Covered areas include Pampanga’s Masantol, Macabebe, Apalit, Candaba, Bulacan’s Calumpit, and Bataan’s Hermosa and Dinalupihan, building on earlier Alagang Globe support as recovery proceeds. The company confirms full restoration of mobile and broadband services previously disrupted across parts of Metro Manila and Rizal province.

PayJoy, Kservico expand smartphone financing beyond cities

Transport & Logistics 0
PayJoy Philippines is expanding its smartphone financing reach through a partnership with appliance and electronics retailer Kservico, using nearly 170 stores across Metro Manila and Luzon to bring device financing closer to consumers outside major urban centers.

ACCIONA, Aboitiz form facilities JV to expand nationwide 

Corporate 0
ACCIONA and Aboitiz Construction Inc. are forming a joint venture to build a nationwide integrated facilities management platform, marking Aboitiz Construction’s expansion beyond engineering and construction into recurring asset-management services.

RMHC Philippines’ vaccination program wins top CSR health award

Education, Health & Science 0
Ronald McDonald House Charities (RMHC) Philippines’ BACK-to-BAKuna program has been named the 2026 Outstanding CSR Project for Health, recognizing an approach that helped improve childhood vaccination completion by addressing behavioral and logistical barriers faced by caregivers.

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