Sunday, 07 December 2025, 11:35 am

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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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    RestoRUN: The day the Philippines took Michelin for a  food trip

    The Department of Tourism on Friday, December 5, didn’t just tap the global culinary world on the shoulder—it grabbed it by the lapels and declared, “Fasten your seatbelts. The Philippines is serving greatness.”

    Netflix makes historic USD83B power play, buys Warner Bros

    Netflix’s bold move to acquire Warner Bros. from Warner Bros. Discovery (WBD) in a USD82.7-billion cash-and-stock deal sent shockwaves through Hollywood on Friday, along with a jolt of anxiety on Wall Street.

    Hybrids power Honda’s Philippine push forward 

    Honda Cars Philippines Inc. is stepping on the accelerator as demand for its electrified lineup surges, with hybrid sales nearly doubling in 2025. President Rie Miyake called the uptick the start of “a new phase” in Honda’s local electrification drive.

    Foreign reserves climb to US$111.1B in November

    The country’s gross international reserves rose to $111.1 billion at end-November 2025, up from $109.7 billion in October. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) show the reserves can cover 7.4 months of imports, far above the standard three-month safety benchmark, signaling strong economic resilience.

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