Saturday, 07 February 2026, 2:30 am

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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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    Foreign currency reserves rise, helping buffer peso weakness

    The country’s gross international reserves increased to US$112.5 billion as of end-January 2026, based on preliminary Bangko Sentral ng Pilipinas data, providing a strong external buffer at a time when the local currency has shown some weakness against the US dollar.

    Off-dock returns pitch targets Manila port jam

    A proposal to move empty containers off-dock could relieve pressure at the Manila International Container Port, with the United Port Users Confederation of the Philippines urging the Bureau of Customs to redirect haulers to private depots.

    PH, US pact pushes shift from raw ore exports to minerals processing

    The Philippine government has signed an agreement with the United States aimed at developing the country’s critical minerals and rare earths sector, a move seen as key to transforming the Philippines into a regional minerals processing hub.

    PH–Australia deal smooths seafarer mobility, trade

    Australia and the Philippines have reinforced maritime cooperation by reaffirming the mutual recognition of seafarer certificates, a move expected to ease administrative barriers and improve shipping efficiency between the two nations, the Australian Embassy in Manila said.

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