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US automakers show divergent Q1 sales

Transport & Logistics Context.ph Context.ph -
US automakers Ford Motor and General Motors (GM) have reported divergent sales figures for the first quarter of 2024, just a day ahead of the expected implementation of a 25 percent tariff imposed by the administration of President Donald Trump on foreign cars and parts.

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Esyasoft targets growth via BCDA energy expansion

Energy & Mining 0
PT Esyasoft Technologies Asia is stepping up its ambitions in the Philippines, using a new partnership with the Bases Conversion and Development Authority (BCDA) as a springboard into the country’s accelerating energy transition.

Apollo Global unit secures rights to Masbate project

Energy & Mining 0
Apollo Global Capital Inc. said its subsidiary JDVC Resources Corp. has entered into an operating agreement with Masbate 2145 Philippines Inc., granting JDVC exclusive rights over a large mineral property in Masbate.

RCBC profit climbs on lending gains, lower costs

Banking & Insurance 0
Rizal Commercial Banking Corp., the country’s sixth-largest lender by assets, opened 2026 with stronger earnings, posting an unaudited net profit of P2.7 billion for the first quarter, up 12 percent from a year earlier, as loan growth and lower funding costs lifted core income.

Philippines courts Japanese capital with banking alliance

Banking & Insurance 0
The Philippines is sharpening its pitch for Japanese capital, formalizing a three-way partnership between the Board of Investments (BOI), Sumitomo Mitsui Banking Corp. (SMBC), and Rizal Commercial Banking Corp. (RCBC).

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