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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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PHINMA Education adds Southeastern College to network

PHINMA Education is expanding its footprint in the Philippines with the addition of Southeastern College, a move aimed at widening access to affordable higher education for more Filipinos.

Remittances from Overseas Filipinos reach US$3.02B in January

Cash remittances sent by Overseas Filipinos (OFs) rose to US$3.02 billion in January 2026, up 3.5 percent from US$2.92 billion in the same month last year.

Gov’t promotes agriculture as investment opportunity at ADB forum

The Philippine government is promoting agriculture as a profitable investment sector, urging global financiers to see it not just as a development issue but as a viable business opportunity.

Peso gains trim Manila Water bills

Water bills in parts of Metro Manila are set for a small dip next month after the Metropolitan Waterworks and Sewerage System approved a modest tariff adjustment for Maynilad Water Services Inc.

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