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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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Shorter crops, stronger roots: salt-tough rice, wheat

New research published in Molecular Plant, a partner journal of Cell Press, suggests that Green Revolution varieties aren’t just high-yielding, they are also better equipped to handle salty soils. That is a big deal, considering roughly 20 percent of the world’s cultivated land is affected by salinity, a creeping problem that stunts growth and cuts yields.

CCPI to host fully booked ECOMP-P5 conference with top national leaders

The Chamber of Commerce of the Philippine Islands (CCPI) will hold its ECOMP-P5 Synergy Conference, titled “Actionize the Missions of Economic Compass Pillars 5,” featuring prominent leaders in governance, economic development, and capital markets.

Metrobank wins top honors again at PDS Awards

The Metropolitan Bank & Trust Co. (Metrobank) reinforced its dominance in the country’s financial markets after clinching top honors once again at the Philippine Dealing System Annual Awards held March 26 at Makati Diamond Hotel.

Cebu Airport recognized for regional service excellence

Travel through the Philippines’ central gateway continues to evolve as passenger experience becomes a key measure of airport performance across Asia-Pacific.

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