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Context.ph

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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Converge declares cash dividends a year ahead of schedule

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Converge ICT Solutions Inc. on Wednesday announced a cash dividend payment for shareholders, its first since its debut at the stock market and ahead of the target 2025 schedule.
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Higher transmission charge pushes Meralco rates higher in September

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The Manila Electric Co., the largest power distribution company in the country, said Wednesday electricity rates in September will increase mainly due to a higher transmission charge.
Corporate

Del Monte incurs wider first-quarter net loss

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Campos-led Del Monte Pacific Ltd. on Wednesday reported a net loss of $34.2 million in the quarter ending July, wider than the year ago loss of USD13.1 million on higher interest expense and cost of production in U.S. subsidiary Del Monte Foods Inc.
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