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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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Waste management project transforms life in Tondo barangay

For years, residents of Barangay 128 in Tondo lived with the heavy burden of Metro Manila’s waste problem. Located near the old Smokey Mountain dumpsite and along Manila Bay, the community endured foul odors from rotting garbage, plastic-choked waterways, and fast-rising floods even during light rains, as local official Wendy Cañeda recalled. Today, however, conditions have greatly improved, thanks to the Eco-Ikot Center launched in October 2024.

Gokongwei Foundation’s ‘Iskolar ni Juan’ techvoc program opens career paths for young Filipinos

The Gokongwei Brothers Foundation (GBF), in partnership with food and beverage industry leader Universal Robina Corp. (URC), operates the Iskolar ni Juan scholarship program to provide young Filipinos—especially those unable to afford college education—with a clear alternative pathway toward stable employment.

Japanese firm brings AI boost to bananas 

Filipino banana growers could soon gain access to advanced artificial intelligence and drone technologies as Japanese agri-tech company E-SupportLink Ltd. moves to expand its operations in the Philippines, potentially accelerating efforts to modernize one of the country’s most important export industries.

Tanita considers Philippines for new ASEAN plant

Japanese health technology firm Tanita Corp. is considering the Philippines as the site of a new export-oriented manufacturing facility, a potential investment that could generate about P2 billion in export sales and create around 500 jobs within five years of operations.

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