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Wednesday, 20 August 2025, 2:56 pm

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    Senate, House at loggerheads over People’s Initiative, may lead to bickering that stalls economic recovery

    Top News Context.ph Context.ph -
    A constitutional crisis that could derail the country’s economic recovery from the COVID-19 pandemic is looming , with the Senate and the House of Representatives take polar positions on the ongoing People’s Initiative to revise the Philippine Constitution.

    Public sector taps $1.32 billion more loans in 4Q23

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    The government sector borrowed USD1.32 billion more in medium- to long-term (MLT) funds in the final three months of 2023, which was 66 percent more than that borrowed a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.

    Onion import ban could last beyond May – Laurel

    Agriculture Context.ph Context.ph -
    The Department of Agriculture (DA) on Sunday reiterated the likelihood for the onion import ban to last beyond May or even June as part of measures helping shield onion growers from unreasonable farm gate prices and the destruction of their crops. 

    Buoyant Q4 palay prices make for happy farmers at diners’ expense – PSA data

    Agriculture Context.ph Context.ph -
    The price of palay or unhusked rice per kilo in the final three months of 2023 averaged P21.81, a 6.4 percent increase from third-quarter prices and 25 percent more than the year-earlier period.

    Anticipated drop in mortgage rates seen boosting residential, industrial space development

    Top News Context.ph Context.ph -
    An expected monetary policy easing this year—and consequently a drop in mortgage rates--should bolster demand for residential projects and industrial space, the latest edition of Colliers Research said.
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    DOE completes Palawan hydrogen site survey

    Energy 0
    The Department of Energy (DOE) has completed its reconnaissance survey in Palawan, identifying likely sites for naturally occurring hydrogen—a low-carbon energy source—with significant implications for the country’s clean energy development and commercial investment prospects.

    Megawide profit dips amid project wind-down

    Corporate 0
    Megawide Construction Corp. reported a slight decline in net income for the first half of 2025, down to ₱436.41 million from ₱437.58 million a year ago, as several major construction projects neared completion. This translated to a 23 percent drop in consolidated revenue, which fell to ₱8.77 billion from ₱11.49 billion, the company said on Wednesday.

    SM Group expands entertainment ecosystem

    Corporate 0
    SM Investments Corp. (SMIC) is accelerating the expansion of its entertainment ecosystem across its diverse portfolio to capture growing demand for experience-led offerings, particularly among younger Filipino consumers.

    DA chief urges Senate to back agri reforms, investment push

    Agriculture 0
    Agriculture Secretary Francisco P. Tiu Laurel Jr. called on senators Wednesday to support major reforms and increased funding for the agriculture sector, citing decades of neglect that have left Filipino farmers struggling and the country heavily reliant on food imports.

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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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    Hotel101 expands footprint with new projects in Cambodia

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    Hotel101 Global Holdings Corp., a subsidiary of DoubleDragon Corp., has signed definitive binding agreements to develop two new hotel projects in Cambodia, marking its official entry into the fast-growing Southeast Asian hospitality market.
    Energy

    DOE completes Palawan hydrogen site survey

    0
    The Department of Energy (DOE) has completed its reconnaissance survey in Palawan, identifying likely sites for naturally occurring hydrogen—a low-carbon energy source—with significant implications for the country’s clean energy development and commercial investment prospects.
    Corporate

    Megawide profit dips amid project wind-down

    0
    Megawide Construction Corp. reported a slight decline in net income for the first half of 2025, down to ₱436.41 million from ₱437.58 million a year ago, as several major construction projects neared completion. This translated to a 23 percent drop in consolidated revenue, which fell to ₱8.77 billion from ₱11.49 billion, the company said on Wednesday.
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