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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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Filinvest Land, EastWest Bank launch easier home financing program

Filinvest Land, Inc. (FLI) has partnered with East West Banking Corporation to introduce a new financing program aimed at making homeownership more affordable and accessible.

PhilRice distributes 4.42M rice seed bags to farmers

PhilRice provided 4.42 million bags of high-yielding, climate-resilient rice seeds under the RCEF program for the 2025 wet and 2026 dry seasons, reaching over 119,000 farmers.

Malayan Insurance rolls out zero-interest installment plans

Malayan Insurance Co., Inc., a leading non-life insurer in the Philippines, has launched a zero percent interest installment payment facility aimed at making comprehensive coverage more accessible and affordable for Filipinos.

Foodpanda’s Pandamart now offers 24/7 grocery delivery nationwide

Delivery Hero Logistics Philippines Inc., the company behind Foodpanda Philippines, announced on Tuesday that its online grocery service Pandamart is now operating 24 hours a day, seven days a week across the country. This makes Pandamart the first online-only full grocery platform in the Philippines to offer round-the-clock service.

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