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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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Rockport Power, King Global partner to cut energy costs

Local electricity supplier Rockport Power Inc. has partnered with Filipino manufacturer King Global Sanitary Products to supply energy for its operations.

Yuchengco power firm posts lower profit despite higher sales in 2025

Petro Energy Resources Corp. (PERC) reported a sharp drop in profit for 2025, even as its revenues grew.

NPC partners with private firm to develop carbon credit system

The National Power Corp. (NPC) has signed an agreement with Climate Smart Ventures (CSV) to create a framework for carbon credits, aiming to support the Philippines’ shift to a low-carbon future.

Philippine bonds to join Global Index in 2027

The Department of Finance (DOF), Bureau of the Treasury (BTr), and Bangko Sentral ng Pilipinas (BSP) announced that Philippine peso-denominated government bonds will be included in J.P. Morgan’s Government Bond Index – Emerging Markets (GBI-EM) starting January 29, 2027.

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