Tag: US

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Oil prices surge amid Hormuz power struggle

Energy & Mining Context.ph Context.ph -
Oil markets jolted higher Thursday as geopolitical tensions in the Strait of Hormuz escalated, with Iran and the US both asserting control over one of the world’s most critical energy chokepoints.

US pledgesP639M health aid to Philippines

Education, Health & Science Context.ph Context.ph -
The US has committed more than P639 million in fresh health assistance to the Philippines, deepening a multibillion-peso partnership aimed at strengthening the country’s response to infectious diseases and improving health system resilience.

Philippines seeks bigger US minerals role

Trade & Investments Context.ph Context.ph -
The Philippines is positioning itself for a larger role in the US’ critical minerals supply chain, with fresh details expected as both sides prepare for a bilateral strategic dialogue next week, Philippine Ambassador to the US Jose Manuel Romualdez said.

Venezuela Strike Sparks Oil Jitters, Philippine Markets

Economy Context.ph Context.ph -
Global markets are bracing for turbulence after the US weekend strike in Venezuela, which resulted in the capture of President Nicolas Maduro and signals a temporary US administration of the country. Analysts warn the move could ripple across energy markets, with implications for the Philippine economy.

Philippine exports to normalize as US tariff winds ease

Economy Context.ph Context.ph -
Philippine exports to the US—supercharged for months by aggressive front-loading—are expected to return to more typical levels soon as tariff pressures ease and the trade environment settles, according to Export Marketing Bureau Director Bianca Sykimte.
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GCash IPO draws massive public demand, signals strong growth potential for Philippines’ top fintech

Corporate 0
The initial public offering of Mynt Inc., the company behind leading digital wallet GCash, has drawn overwhelming demand from investors, with many brokers reporting subscriptions far exceeding the shares available.

SEC shuts down fake lending page, warns vs illegal investments

Corporate 0
The Securities and Exchange Commission (SEC) has ordered the unauthorized Facebook page "Cash-Express Payday Loan" to cease operations immediately. The page is illegally copying the name and branding of legitimate firm Cash-Express Philippines Financing Inc., which has confirmed it has no link or affiliation with the account whatsoever.

Treasury bill yields rise as inflation stokes caution

Banking & Insurance 0
Treasury bill yields climbed across the board at Monday’s auction as investors appeared to demand higher returns amid surging inflation and uncertainty over the next move by the Bangko Sentral ng Pilipinas.

Meralco to refund ₱2.64B over six months, starting soon

Energy & Mining 0
The Energy Regulatory Commission (ERC) has directed Manila Electric Company (Meralco) to return a net total of P2.64 billion to its customers, to be spread over roughly six months rather than the full year the company originally proposed, with the rebate likely showing up at the next billing cycle.

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