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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 

Corporate Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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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Clark Picnic Grounds opens April 18 Freeport boost 

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The Clark Picnic Grounds is set to open to...

First Gen flags control clause in Prime Infra deal

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First Gen Corp., the power generation arm of the Lopez Group, said its definitive agreements with Prime Infrastructure Capital, Inc. (Prime Infra) include change-of-management control provisions that could trigger discounted asset sales, worth a total P23.5 billion, if leadership conditions are not met during a defined period.

Shakey’s posts growth in 2025, braces for 2026 headwinds

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Shakey’s Pizza Asia Ventures Inc. (SPAVI) reported audited 2025 results showing continued topline growth despite softer consumer demand in the second half. Systemwide sales reached P24.8 billion, up 14 percent year on year, while revenues rose 11 percent to P16.1 billion.

DigiPlus secures South Africa Gaming licenses expansion 

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DigiPlus Interactive Corp., the operator behind online gaming platforms BingoPlus, ArenaPlus, and GameZone, has secured regulatory approval to enter South Africa, marking a major step in its international expansion strategy.

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