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San Miguel raises P13B via preferred shares sale

Corporate Context.ph Context.ph -
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

Top News Context.ph Context.ph -
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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ACMobility, Robinsons Land expand nationwide EV network 

Transport & Logistics 0
ACMobility has partnered with Robinsons Land Corporation to accelerate electric vehicle (EV) adoption in the Philippines through the rollout of more than 200 EV charging points across Robinsons Land properties nationwide starting this year.

DOTr secures P3.6-B loan to pay LRT-1 operator, boost rail services

Transport & Logistics 0
The Department of Transportation (DOTr) and the Light Rail Transit Authority (LRTA) signed a financing agreement with Land Bank of the Philippines (LANDBANK) to settle P3.6 billion in government obligations to Light Rail Manila Corporation (LRMC), the private operator of LRT-1.

ILO says Middle East turmoil threatens OFWs, Philippine economy 

Economy 0
The escalating crisis in the Middle East is beginning to weigh on global labor markets, with the International Labour Organization (ILO) warning that the Philippines faces growing economic risks due to its heavy dependence on overseas employment and remittance inflows.

TikTok expands MSME push in Visayas, Mindanao 

Communications & Technology 0
TikTok Shop is ramping up efforts to support more micro, small, and medium enterprises (MSMEs) across the Philippines, with plans to strengthen partnerships with local government units (LGUs) and expand its “Unlad Lokal” initiative deeper into the Visayas and Mindanao by 2026.

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