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    Residential housing prices continue to rise in 2Q 2024

    Top News Context.ph Context.ph -
    The Bangko Sentral ng Pilipinas (BSP) said residential housing units of various types continued to increase in the April to June quarter.  Residential property prices rose 2.7 percent year-on-year, slower than the 6.1 percent growth in Q1 2024. On a quarter-on-quarter (QoQ) basis, housing prices accelerated to 1.8 percent versus only 1.1 percent growth in Q1 2024.

    BSP reports improved 3Q indices in both business and consumer sentiment

    Top News Context.ph Context.ph -
    The business confidence index rose across the Philippines in the third quarter to 32.9, up from only 32.1 just a quarter earlier, the Bangko Sentral ng Pilipinas reported on Friday.

    Economic Development Group endorses RCEF extension, rice fund hike to P15 billion

    Agriculture Context.ph Context.ph -
    The Economic Development Group, chaired by Secretary Frederick D. Go, supports extending the Rice Competitiveness Enhancement Fund until 2030 and increasing its annual budget to P15 billion from the current P10 billion.

    DA bares difficulty in finding fund source for price stability fund

    Agriculture Context.ph Context.ph -
    The Department of Agriculture (DA) on Thursday said a buffer fund of at least P5 billion for the procurement and stockpiling of rice and other agricultural commodities for purposes of stabilizing prices should soon be operational.

    BSP discontinues rediscounting window for new DWF

    Top News Context.ph Context.ph -
    The Bangko Sentral ng Pilipinas (BSP) on Wednesday announced discontinuing its rediscounting window and replacing it with the Discount Window Facility (DWF) in keeping with global best practices.
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    Big power groups jostle for Meralco’s 200MW RE

    Energy 0
    Major power generation groups are emerging as key contenders in Manila Electric Co.’s (Meralco) Competitive Selection Process (CSP) for its 200-megawatt renewable energy (RE) baseload supply, highlighting how established energy players are positioning themselves for long-term clean power contracts.

    Likhang Filipino return to global spotlight

    Economy 0
    The reopening of the Likhang Filipino Exhibition Halls marks more than the revival of a physical space—it signals a renewed push to position Filipino craftsmanship and design at the center of the country’s export narrative.

    BCDA hits pause on John Hay Golf

    Property 0
    The Bases Conversion and Development Authority (BCDA) has extended the interim operations and maintenance (O&M) contract for John Hay Golf by another year, postponing the bidding for a long-term operator as it reassesses the course’s future management model.

    Veem, Coins.ph  push borders apart

    Banking & Insurance 0
    Veem and Coins.ph are doubling down on a partnership that aims to make cross-border payments to the Philippines faster, cheaper, and easier—an increasingly critical need as global hiring and outsourcing continue to surge.

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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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    Del Monte Pacific distances form Chapter 11 case

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    Del Monte Pacific Limited (DMPL) moved to clarify its position as its indirect subsidiary, Del Monte Foods, Inc., advances through Chapter 11 proceedings following a court-supervised auction of the US business.
    Energy

    Big power groups jostle for Meralco’s 200MW RE

    0
    Major power generation groups are emerging as key contenders in Manila Electric Co.’s (Meralco) Competitive Selection Process (CSP) for its 200-megawatt renewable energy (RE) baseload supply, highlighting how established energy players are positioning themselves for long-term clean power contracts.
    Economy

    Likhang Filipino return to global spotlight

    0
    The reopening of the Likhang Filipino Exhibition Halls marks more than the revival of a physical space—it signals a renewed push to position Filipino craftsmanship and design at the center of the country’s export narrative.
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