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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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Rockwell tops off Pampanga mall, eyes 2027 opening

Rockwell Land Corp., the listed property development arm of the Lopez Group, has reached a major construction milestone in Central Luzon, topping off the structure of Power Plant Mall Angeles as it pushes ahead with the expansion of its signature lifestyle brand beyond Metro Manila.

Electronics exports poised to surpass $50B

The Philippines’ electronics sector is keeping a steady hand despite simmering Middle East tensions, signaling resilience as export revenues near a record-breaking milestone.

Philippines free trade push expands global reach

The Philippines is accelerating its free trade strategy, aiming to strengthen competitiveness and unlock new markets for local industries, Trade Secretary Cristina Roque announced at the ASEAN Business Environment Forum in Taguig City.

DITO launches new mobile authentication system replacing OTP

DITO Telecommunity has introduced the country’s first Silent Network Authentication (SNA) service, a new security system that aims to replace the traditional SMS-based One-Time Password (OTP) used in many online transactions.

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