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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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Emperador secures €300M refinancing deal with Lenders

Emperador In, the world’s largest brandy producer owned by billionaire Andrew Tan,. has moved to streamline its debt profile by backing a EUR300 million refinancing facility for its wholly owned subsidiary, Emperador International Ltd. (EIL), replacing a slightly larger loan secured in 2023.

USDA targets Philippine market with trade mission

The US Department of Agriculture (USDA) will lead a high-level trade mission to Manila from April 13 to 16, aiming to expand market access for American farmers, ranchers, and food producers in one of Asia’s fastest-growing economies.

Clark Motorsports Hotel spurs experiential tourism investment 

A planned P1.5-billion boutique hotel inside the Clark International Speedway is set to anchor a new wave of investments in the Philippines’ fast-growing experiential tourism segment, combining hospitality with motorsports-driven attractions.

Philippine seasonal crafts post gains at  Ambiente

Philippine seasonal crafts exporters booked stronger sales at Ambiente 2026 in Frankfurt, signaling resilience and rising demand in Europe’s sustainable-luxury segment despite mounting global trade pressures.

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