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San Miguel raises P30 billion from record preferred share offering

San Miguel Corp. has raised P30 billion through a follow-on offering of preferred shares, which were listed on the Philippine Stock Exchange (PSE) on Monday.

ABS-CBN denies management handover reports, clarifies investment and financial data 

ABS-CBN Corporation on Monday denied reports claiming its management could be turned over to businessman Manuel V. Pangilinan’s group, stating no such discussions are happening.

Angara, DepEd officials continue private school tours, collaboration

Reaffirming government's commitment to work closely with private schools, Education Secretary Sonny Angara and National Capital Region Assistant Secretary and Regional Director Dr. Jocelyn Andaya visited Sproutville International School in Bonifacio Global City to help raise and maintain the quality of basic education.

VP tax, bank records submitted to impeachment court

Several major Philippine banks have complied with the Senate Impeachment Court's subpoena for bank records linked to Vice President Sara Duterte, marking a significant step in gathering documentary evidence for the proceedings. Senator and Impeachment Court presiding officer Francis Escudero said Bank of the Philippine Islands, Philippine Savings Bank, Metropolitan Bank & Trust Co., Security Bank, Land Bank of the Philippines, and BDO Unibank submitted the required documents, although BDO and Security Bank requested additional time to complete their submissions. Escudero also said the Bureau of Internal Revenue turned over Duterte's tax records after obtaining presidential clearance, expanding the evidence now before the court.

ICTSI Q2 profit climbs on port expansion

International Container Terminal Services Inc. (ICTSI) sustained its growth momentum in the second quarter as newly acquired terminals and resilient cargo demand helped cushion...

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Philippines P6.36T project pipeline faces execution test

The Philippines has built a P6.36-trillion investment pipeline, but the bigger challenge now is turning projects on paper into construction sites, operating facilities, and productive assets.

Michelin targets industrial tires for Philippine growth 

Michelin is looking beyond passenger cars to drive its next phase of growth in the Philippines, targeting the country’s mining, agriculture, logistics, construction, and other industrial sectors.

DTI, Coca-Cola seek stronger ties for food industry

The Department of Trade and Industry (DTI) and The Coca-Cola Co. are exploring deeper cooperation to strengthen the Philippines’ food and beverage industry, with sustainability, small enterprise development, and competitiveness high on the agenda.

Germany seeks policy certainty for bigger PH investments

German companies remain interested in expanding their investments in the Philippines, but long-term policy certainty will be crucial to unlocking capital for critical minerals, advanced manufacturing, and other emerging industries, Germany’s top diplomat in Manila said.
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