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San Miguel raises P13B via preferred shares sale

San Miguel Corp. said Thursday it raised nearly P13 billion from the private placement of 173.3 million series 2-M preferred shares.

PSALM eyes cutting inherited burden by yearend

The Power Sector Assets and Liabilities Management Corp. (PSALM) looks to cut its financial obligations to P306.6 billion by the end of the year. Dennis...

Ayala sells majority stake in German auto parts maker 

Ayala Corp. on Tuesday bared selling its majority stake in the German auto parts maker MT Technologies GmbH and focus on its core businesses of real...

Globe bares sharp drop in scam messages

Globe Telecom Inc. on Tuesday reported a 46 percent drop in bank-related scam and spam messages in its network in the first half this...

ERC formally asks Congress to suspend listing rule covering small RE players

The Energy Regulatory Commission (ERC) is asking lawmakers to consider suspending the mandatory listing of energy companies at the local bourse to encourage the entry of more renewable energy (RE) companies.

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APECO pitches defense hub, logistics role amid supply chain risks

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning itself as a future hub for defense, fisheries, clean energy, and logistics, as it seeks investors to help develop key infrastructure in northern Aurora.

Jollibee tops Southeast Asia chicken fast-food rankings

Jollibee has been named the No. 1 chicken quick service restaurant in Southeast Asia based on 2025 sales, according to Euromonitor International.

TotalEnergies, Nextnorth start construction of 440 MW solar plant in Isabela

TotalEnergies and its partner Nextnorth have reached financial close and begun construction of a 440-megawatt peak (MWp) solar power plant in Ilagan City, Isabela.

OceanaGold Philippines boosts government share to P2.14B

OceanaGold (Philippines), Inc. has sharply increased its contribution to the national treasury, remitting P2.14 billion in Additional Government Share (AGS) for fiscal year 2025. 

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