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Wednesday, 14 May 2025, 12:24 pm

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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

    Top News Context.ph Context.ph -
    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

    Top News Context.ph Context.ph -
    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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    BPI backs energy deal, boosting nation’s infrastructure development

    Banking & Insurance 0
    The Bank of the Philippine Islands (BPI) has solidified its role as a enabler of national infrastructure with its successful financing of I Squared Capital’s (ISQ) acquisition of the Philippine Coastal Storage and Pipeline Corporation (PCSPC), a landmark transaction with significant corporate and commercial implications.

    Microsoft to lay off 6,000 workers globally

    Context Dispatch 0
    Microsoft is laying off around 6,000 employees—nearlyw 3 percent of its global workforce—in its biggest job reduction since 2023, as the Washington-based tech giant continues to streamline operations in response to shifting market conditions.

    Shell Pilipinas maintains strategic investment amid profit decline

    Energy 0
    Shell Pilipinas Corp. (SPC) is pressing ahead with a disciplined investment strategy, committing between P2 billion and P3 billion annually in capital expenditures for 2025 and 2026, despite posting a steep 47.1 percent drop in first-quarter net income.

    Meat imports surge nearly 26% in 1Q, highlighting domestic supply gaps

    Agriculture 0
    Meat imports surged by 25.9 percent in the first quarter of 2025 compared to the same period last year, driven primarily by higher pork and chicken shipments, according to data from the Bureau of Animal Industry (BAI).

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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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    DOE greenlights 100-MW solar project in Capiz

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    PetroEnergy Resources Corp. (PERC), through its affiliate EcoSolar Energy Corp. (ESEC), has secured a certificate of authority (COA) from the Department of Energy (DOE) to develop a large-scale solar power project in Panit-an, Capiz, marking a key milestone in the company’s renewable energy expansion.
    Banking & Insurance

    BPI backs energy deal, boosting nation’s infrastructure development

    0
    The Bank of the Philippine Islands (BPI) has solidified its role as a enabler of national infrastructure with its successful financing of I Squared Capital’s (ISQ) acquisition of the Philippine Coastal Storage and Pipeline Corporation (PCSPC), a landmark transaction with significant corporate and commercial implications.
    Context Dispatch

    Microsoft to lay off 6,000 workers globally

    0
    Microsoft is laying off around 6,000 employees—nearlyw 3 percent of its global workforce—in its biggest job reduction since 2023, as the Washington-based tech giant continues to streamline operations in response to shifting market conditions.
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