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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 launches unified framework to boost agricultural cooperatives, food security

The Department of Agriculture (DA), together with the Department of the Interior and Local Government (DILG) and Cooperative Development Authority (CDA), has launched a joint policy framework to strengthen support for agricultural cooperatives nationwide.

TAFT stakes P10B on Batangas manufacturing surge

Singapore-based Total Advanced Future Technology Pte Ltd (TAFT) is investing more on the Philippines, unveiling a P10-billion expansion in Batangas aimed at making the region a key hub for advanced, climate-resilient building technologies. 

GMA Network rises to No. 13 in  global digital ranking

GMA Network climbed 11 spots to rank 13th in the Tubular Worldwide Leadership Ranking for April 2026, up from 24th place previously. Its digital content earned a total of 11.18 billion views across major platforms: 5 billion on Instagram, 3.06 billion on Facebook, 2.40 billion on TikTok, and 719 million on YouTube.

PNB declares ₱1.10 special dividend on top of 20% regular dividend payout

The Philippine National Bank (PNB) announced Friday that its board of directors has approved the declaration of a special cash dividend of ₱1.10 per common share, representing approximately 7% percent of its 2025 net income.

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