Tag: Middle East

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February inflation up at 2.4% on higher food prices

Economy Context.ph Context.ph -
Headline inflation edged higher in February, signaling renewed price pressures from key food staples even as broader trends remain relatively contained.

President Marcos pledges fuel stability amid Middle East conflict

Energy & Mining Context.ph Context.ph -
President Ferdinand Marcos Jr assured Filipinos on Tuesday that the country’s fuel supply remains secure despite volatility in global oil markets triggered by escalating tensions between the United States and Iran.

Philippines seal first Middle East FTA

Economy Context.ph Context.ph -
The Philippines is set to clinch its first free trade agreement with a Middle Eastern nation, with the signing of a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates next week, a move expected to widen Manila’s commercial footprint in the Gulf.

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Puregold posts 9% profit growth in 2025

Corporate 0
Grocery chain Puregold Price Club Inc. reported a nearly 9 percent increase in net income for 2025, reaching P11.3 billion from P10.4 billion the previous year.

PAL posts higher profit in 2025 despite industry challenges

Corporate 0
Philippine Airlines (PAL) reported a 6.1 percent increase in net income to US$160.4 million in 2025, despite a difficult year for the global aviation industry.

DA sends trucks to address Benguet vegetable oversupply

Agriculture 0
The Department of Agriculture (DA) has deployed 18 trucks to transport excess vegetables from Benguet to major markets, including Metro Manila, following reports of oversupply affecting local farmers.

Lopez rift deepens over First Gen deal with Prime Infra

Corporate 0
A long-simmering family dispute at Lopez Inc. has erupted into a full-blown governance battle, after shareholders aligned with Eugenio Gabriel “Gabby” Lopez III voted to remove Federico “Piki” Lopez as president and chief executive officer of the privately-held investment holding company, citing a breakdown in trust tied to undisclosed multibillion-peso transactions.

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