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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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Subic regatta wraps up national yacht racing series

The BPI Subic Regatta 2026 closed the third season of the BPI Private Wealth Signature Yacht Race Series, drawing sailors from across the country for a final round of racing focused on precision and teamwork.

PBBM orders expansion of subsidized rice program 

The government is expanding its ₱20-per-kilo rice program to...

Regulators study amnesty for excess ride-hailing drivers

The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) are currently studying a potential amnesty for Transport Network Vehicle Service (TNVS) drivers who were onboarded despite exceeding the vehicle caps set for Transport Network Companies (TNCs).

Toll rebate for farm goods trucks starts April 20

Metro Pacific Tollways Corp. will give a temporary full toll rebate to trucks carrying agricultural products starting Monday, April 20, to help keep food prices stable during the ongoing oil crisis.

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