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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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Telcos vow cooperation with NTC over service crackdown, even as they cite independent performance ratings 

The country’s three major mobile network operators have pledged to work with the National Telecommunications Commission (NTC) following the regulator’s September 24 show-cause order, which threaten daily fines of P100,000 each over persistent poor mobile broadband services in key parts of Metro Manila.

Alternergy raises P2B in maiden notes issue

Alternergy Holdings Corp. has raised P2 billion from its maiden fixed-rate notes issuance, tapping the Philippine debt capital market to fund the next phase of its renewable energy expansion.

SEC greenlights structured warrants, opening new investment avenues 

The Securities and Exchange Commission (SEC) has formally introduced structured warrants, launching a new set of rules that expands the range of products available to investors nationwide.

Treasury sets 6.875% coupon for new retail bonds

The Bureau of the Treasury (BTr) is offering a 2.5-year retail treasury bond at a 6.875 percent coupon, giving individual investors a relatively high fixed-income option as the government taps strong demand for its latest retail debt issue.
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