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Friday, 14 November 2025, 4:30 am

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    BSP data suggests a stay in benchmark interest rate

    Top News Jun Vallecera Jun Vallecera -
    Latest Bangko Sentral ng Pilipinas (BSP) data boost the likelihood the monetary authorities will keep the rate at which they lend to or borrow from the banks where they stood two weeks earlier when the policy-making monetary board (MB) announced an off-cycle adjustment.

    Rafael D. Consing Jr. named MIC head

    Top News Context.ph Context.ph -
    Malacanang has appointed former infrastructure and port executive and current presidential adviser Rafael D. Consing Jr. as president and chief executive of the Maharlika Investment Corp. (MIC).

    Fitch affirms country’s investment grade rating, stable credit outlook

    Top News Context.ph Context.ph -
    ​Fitch Ratings has affirmed Manila's triple B (BBB) credit rating, which is above the minimum investment grade, and has kept the outlook on the rating at “stable.” 

    Saving and real investments fell in 2020 as pandemic bites – BSP data

    Top News Context.ph Context.ph -
    The country's so-called flow of funds in 2020, which helps indicate whether the USD406 billion economy borrows from or actually lends money to the growth-producing economic sectors, show a sharp 26.1 percent drop in domestic saving to P3.7 trillion from P5 trillion in 2019.

    Tenuous global outlook helps dampen 8-month foreign investor interest

    Top News Context.ph Context.ph -
    Long-horizon foreign direct investments (FDI) in August proved marginally lower this year at only USD789 million from year-ago level of USD792 million, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
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    Juan Ponce Enrile, key Martial Law figure and EDSA rebel, dies at 101

    Context Dispatch 0
    Former Senate President Juan Ponce Enrile, who at 101 still served as chief legal adviser to President Ferdinand Marcos Jr., passed away on Thursday, his daughter Katrina Ponce Enrile announced. “With profound love and gratitude, my father peacefully returned to his Creator on November 13, 2025, at 4:21 p.m., surrounded by our family at home,” she said, adding that it was her father’s wish to take his final breath in their residence. JPE, as he is known, was hospitalized earlier this week, battling pneumonia. The family requested privacy as they grieve, with details of public viewing to follow. Enrile served several presidents, including the late Ferdinand Marcos Sr. and Corazon Aquino—both as Defense Secretary. The Senate expressed sorrow and, following tradition, suspended deliberation on the government’s 2026 budget following the passing of its former leader, a figure both vilified for his role during the Martial Law years and revered for EDSA People’s Power Revolution.

    MVP Group in early talks to acquire Villar’s Prime Water

    Corporate 0
    The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.

    MGen donates P17.3-million lighting system to Iloilo football ground

    Corporate Bulletins 0
    Meralco PowerGen Corp. (MGen), through its subsidiary Panay Energy Development Corp., has funded a P17.3-million lighting system for the La Paz Football Ground in Iloilo City.

    Tino, Uwan typhoons wreck P743.8-M worth of crops

    Agriculture 0
    The twin blows of tropical systems Tino and Uwan have caused an estimated ₱743.83 million in agricultural damage across several regions, according to the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center.

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    Alternergy Launches Retail Power Unit

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    Renewable energy trailblazer Alternergy Holdings Corp. is strengthening its position in the power industry with the launch of its retail electricity supply arm, ALTER Power RES, Inc. (ALTER Power), after securing approval from the Securities and Exchange Commission.
    Context Dispatch

    Juan Ponce Enrile, key Martial Law figure and EDSA rebel, dies at 101

    0
    Former Senate President Juan Ponce Enrile, who at 101 still served as chief legal adviser to President Ferdinand Marcos Jr., passed away on Thursday, his daughter Katrina Ponce Enrile announced. “With profound love and gratitude, my father peacefully returned to his Creator on November 13, 2025, at 4:21 p.m., surrounded by our family at home,” she said, adding that it was her father’s wish to take his final breath in their residence. JPE, as he is known, was hospitalized earlier this week, battling pneumonia. The family requested privacy as they grieve, with details of public viewing to follow. Enrile served several presidents, including the late Ferdinand Marcos Sr. and Corazon Aquino—both as Defense Secretary. The Senate expressed sorrow and, following tradition, suspended deliberation on the government’s 2026 budget following the passing of its former leader, a figure both vilified for his role during the Martial Law years and revered for EDSA People’s Power Revolution.
    Corporate

    MVP Group in early talks to acquire Villar’s Prime Water

    0
    The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.
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