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San Miguel raises P13B via preferred shares sale

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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

Energy & Mining Context.ph Context.ph -
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 

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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

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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

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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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PHILEXPORT seeks e-invoicing delay to protect exporters

Trade & Investments 0
The Philippine Exporters Confederation, Inc. (PHILEXPORT) is urging the Bureau of Internal Revenue (BIR) to defer mandatory electronic invoicing for one year, warning that a year-end rollout could strain exporters and disrupt supply chains.

XPENG enters Philippine market with six EV variants

Mobility 0
Chinese electric vehicle maker XPENG has officially entered the Philippine market, launching six variants across two models as it expands its footprint in Southeast Asia.

St. Luke’s adds laser system for faster vision correction

Education, Health & Science 0
St. Luke’s Medical Center–Global City has introduced the VisuMax 800 femtosecond laser system, expanding its range of advanced vision correction procedures and enabling laser treatment in seconds per eye.

Lopez lifts PUV fare adjustment freeze; new rates start September 28

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has officially ended the moratorium on public utility vehicle fare adjustments, acting on the Land Transportation Franchising and Regulatory Board’s recommendation to restore rate changes put on hold last March. The new fares take effect this coming Monday, September 28, responding to sustained high fuel costs that have strained the sector.

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