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Tuesday, 10 June 2025, 6:50 am

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    BOP deficit in October signals short-term challenge, but strong surplus underpins economic resilience

    Top News Context.ph Context.ph -
    The Philippines posted a balance of payments (BOP) deficit of USD724 million in October, marking a stark contrast to the USD1.5 billion surplus recorded in the same month last year.

    Treasury yields rise at Monday’s auction

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    Treasury bill yields were higher at the auction Monday, reflecting the rise in the secondary market after cautious comments from the U.S. Federal Reserve on the outlook for monetary policy easing.

    Remittances surge: Overseas Pinoys drive economic growth

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    Personal remittances from overseas Filipinos (OFs) continued to strengthen in September, rising by 3.3 percent to USD3.34 billion from USD3.23 billion in the same month last year, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).

    Remittances surge in September

    Top News Context.ph Context.ph -
    Personal remittances from overseas Filipinos (OFs) grew by 3.3 percent in September 2024, reaching a total of USD3.34 billion, up from USD3.23 billion in the same month last year, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).

    Top Line gears up for P2.75B IPO as Central Visayas economy surges

    Corporate Context.ph Context.ph -
    Cebu-based fuel retailer Top Line Business Development Corp. is gearing up for its public debut with an initial public offering (IPO) aimed at raising up to P2.75 billion to fund its ambitious expansion in the thriving Central Visayas economy.
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    Hotel101 Madrid mamed official F1 partner

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    Hotel101 Global, a subsidiary of DoubleDragon Corporation, has secured a 10-year partnership with MATCH Hospitality, naming Hotel101 Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix in Madrid from 2026 to 2035.

    Satellite tech powers new PH crop insurance system

    Agriculture 0
    The government, in partnership with the International Rice Research Institute (IRRI) and allied organizations, has launched a pilot project for satellite-based crop insurance and agro-advisory services aimed at strengthening climate resilience in the agriculture sector.

    EastWest champions legacy planning for family enterprises

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    EastWest Bank has convened a high-level forum focused on family enterprise strategy and succession planning. The event gathered clients from EastWest’s priority, retail, and corporate banking segments, offering a structured platform to address leadership transitions and intergenerational governance.

    New firefighting robots boost Makati’s emergency response – Mayor Abby

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    Makati Mayor Abby Binay today said the city government recently acquired three units of the Rosenbauer Smart Firefighting Robot to further enhance the city’s modern emergency response capabilities. The mayor said the robots offer an alternative way to aid in fire suppression and rescue efforts, especially in high-risk incidents such as those involving hazardous materials, reducing the risk to rescuers’ lives. 

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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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    Banking & Insurance

    FIRB grants ₱20.9-B tax subsidy to boost public services

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    The Fiscal Incentives Review Board (FIRB), chaired by Finance Secretary Ralph G. Recto, has approved ₱20.9 billion in tax subsidies for government institutions for fiscal years 2024 and 2025. The move aims to enhance public service delivery by allowing agencies to redirect resources from tax obligations to operational efficiency.
    Corporate

    Hotel101 Madrid mamed official F1 partner

    0
    Hotel101 Global, a subsidiary of DoubleDragon Corporation, has secured a 10-year partnership with MATCH Hospitality, naming Hotel101 Madrid as the official hotel accommodation partner for the Formula 1 Spanish Grand Prix in Madrid from 2026 to 2035.
    Agriculture

    Satellite tech powers new PH crop insurance system

    0
    The government, in partnership with the International Rice Research Institute (IRRI) and allied organizations, has launched a pilot project for satellite-based crop insurance and agro-advisory services aimed at strengthening climate resilience in the agriculture sector.
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