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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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DA allows limited exemptions to land reclassification moratorium

The Department of Agriculture (DA) has allowed certain projects to proceed despite the ongoing moratorium on agricultural land-use reclassification, granting exemptions for renewable energy and government socialized housing developments.

Jollibee posts record fourth-quarter income, strong 2025 results

Jollibee Foods Corporation (JFC) reported a record operating income in the fourth quarter of 2025, helping the fast-food giant close the year with solid growth in both its Philippine and international businesses.

MPIC core income rises 15% in 2025

Metro Pacific Investments Corp. (MPIC) reported that its core net income increased 15 percent in 2025, reaching P27.1 billion from P23.6 billion in 2024.

DTI Seeks Logistics Cost Breaks To Stabilize Prices 

The Philippine government is exploring short-term logistics relief measures to prevent a surge in the prices of basic goods as global fuel costs ripple through supply chains.

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