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Gov’t budget shortfall narrows in March, widens in 1Q

Banking & Insurance Context.ph Context.ph -
The Bureau of the Treasury (BTr) on Monday reported a narrower budget deficit in March as higher tax collection and dividend remittances from government corporations overshadowed the increase in spending.

“China is so big there is room for business to grow”

Top News Context.ph Context.ph -
Property developer SM Prime Holdings Inc. brush aside notions of a slowing China economy, saying the country's neighbor continues to offer a lot of potential as the world’s second largest economy, reports to the contrary notwithstanding. 

BDO rules out investor role in SMC-led consortium rehabilitating NAIA

Top News Context.ph Context.ph -
BDO Unibank Inc. is interested in extending the San Miguel Corp. the funds it requires to take over and rehabilitate, operate, and maintain the Ninoy Aquino International Airport (NAIA) won in a bidding process. 

When checking-in at SM City-Clark means flying, not resting or shopping

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Clark International Airport (CRK) authorities on Friday lauded the Department of Transportation (DOTr) and the initiative it took making possible for passengers to check-in at SM City Clark prior to taking scheduled flights. 

AO 20 a necessary measure to ensure food security—NEDA chief

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Economic Planning Secretary Arsenio Balisacan on Thursday called as a “necessary measure” for food security the issuance of Administrative Order 20, which streamlines procedures and policies and removes non-tariff barriers for the importation of agricultural products.
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Back-to-school costs rise for many Filipino families

Education, Health & Science 0
Parents preparing for the opening of classes on June 8 will face higher prices for a significant portion of school supplies, with the Department of Trade and Industry (DTI) reporting that nearly one-third of monitored items cost more than they did a year ago.

Jollibee anchors global expansion on strict food safety standards

Education, Health & Science 0
Jollibee Group on Wednesday said that food safety and quality remain non-negotiable priorities serving as the foundation for operational excellence, consumer trust, and sustainable expansion across more than 10,000 stores worldwide.

Senate elects new leaders as Escudero joins session

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The Senate broke a two-day leadership deadlock on Wednesday after former Senate President Francis Escudero joined the chamber’s session, paving the way for the election of Sherwin Gatchalian as the new Senate president and the reorganization of key committees. The leadership change is expected to face legal and procedural challenges from allies of former Senate President Alan Peter Cayetano, who dispute the validity of the proceedings. Among the chamber’s first actions under the new leadership was the designation of a presiding officer for impeachment trials, except in cases involving the President, signaling efforts to restore the Senate’s legislative and constitutional functions after days of paralysis.

SEC director arrested in NBI extortion sting

Markets 0
The Securities and Exchange Commission (SEC) said Wednesday that one of its directors has been arrested by the National Bureau of Investigation (NBI) in an entrapment operation over the alleged extortion of a private corporation.

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