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    Maharlika Investment eyes infrastructure projects of Clark International Airport Corp.

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    Maharlika Investment Corp., manager of the country’s first sovereign wealth fund, and Clark International Airport Corp. on Friday signed a memorandum of understanding to...

    Philippine economy shows resilience amid challenges, expands at faster 6.3% in 2Q 

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    The Philippine economy accelerated in the second quarter of 2024, fueled by strong performances in services and industry, which generated more jobs to sustain consumer spending to more than compensate for a downturn in agriculture caused by El Niño. 

    Inflation rises to 4.4 percent in July

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    The headline inflation rate accelerated to 4.4 percent after tapping on the brakes in June, when the year-on-year increase in the consumer price index...

    BSP awaits further inflation softening cues before easing monetary policy

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    The Bangko Sentral ng Pilipinas said Monday it could start easing interest rates if inflation continues to decelerate with the help of softening rice prices following the reduction of tariff to 15 percent from 35 percent with the implementation of Executive Order 62.

    Cebu Pacific defers China flights relaunch; redeploys aircraft to Vietnam, Thailand instead

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    Cebu Pacific has deferred anew the relaunch of several flights to China due to a combination low demand and the state of Philippines-China relations.
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    EastWest champions legacy planning for family enterprises

    Corporate Bulletins 0
    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. 

    ADB to fund PH irrigation, logistics in $1.5B rice drive

    Banking & Insurance 0
    The Asian Development Bank (ADB) is allocating up to USD500 million for the Philippines under a new USD1.5 billion regional program aimed at transforming rice farming practices across the Asia-Pacific, with a strong policy focus on sustainability, climate adaptation, and food security.

    Fuel cost surge continues: up to P0.95/L increase Tuesday

    Energy 0
    Motorists will face higher fuel costs starting Tuesday as major and independent retailers implement across-the-board price hikes. Gasoline prices will increase by P0.60 per liter, diesel by P0.95, and kerosene by P0.30, marking the fourth straight week of increases for gasoline.

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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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    Agriculture

    Satellite tech powers new PH crop insurance system

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    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.
    Corporate Bulletins

    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.
    Context Dispatch

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

    0
    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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