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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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PLDT Enterprise, Araneta City strengthen digital infrastructure partnership

PLDT Enterprise and Araneta City Inc. (ACI) have expanded their long-running partnership to upgrade the digital infrastructure of Araneta City, supporting the district’s growing technology and connectivity needs.

Toyota Philippines drives growth through electrified vehicles

Toyota Motor Philippines (TMP) remained resilient in the first quarter of 2026 despite softer vehicle demand and broader economic headwinds, with strong growth in electrified vehicles helping sustain its leadership in the local automotive market.

Cebu Pacific passenger traffic slips despite expanded flights

Budget carrier Cebu Pacific carried nearly 2.3 million passengers in April 2026, slightly down by 0.7 percent from a year earlier, as higher ticket prices dampened travel demand.

PH launches $1B farm modernization program

The Philippines, with support from the World Bank and the United Kingdom, has launched a $1-billion agriculture transformation program aimed at modernizing farming, improving food security, and helping farmers adapt to climate change.

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