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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 flags fake rice import schemes amid ongoing ban

    The Department of Agriculture (DA) has warned the public about scam groups offering fake rice-import “allocations,” particularly in Cebu.

    Fuel prices seen dropping sharply this week

    Motorists can expect cheaper fuel starting Tuesday, with industry players forecasting significant price cuts—especially for diesel and kerosene.

    Homegrown headhunter GESG eyes overseas expansion

    Global Executive Solutions Group LLC (GESG), a longtime Philippine headhunting firm for mid- and top-level executives, is preparing to expand abroad and is searching for a foreign partner.

    GSIS opens upgraded Zamboanga branch, adds digital service hub

    The Government Service Insurance System (GSIS) has reopened its renovated Zamboanga City branch and launched a Digital Business Center to improve services for nearly 48,000 members and pensioners.

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