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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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PH, Japan sign loan deals for subway and Mindanao highway projects

The Philippine government and Japan on Friday signed agreements for major infrastructure projects aimed at boosting the country’s economy and improving transportation.

BSP flags fake online article using governor’s identity

The Bangko Sentral ng Pilipinas (BSP) has warned the public about a fraudulent online article that misuses the name and likeness of its governor, Eli M. Remolona, Jr..

New NAIA off-ramp cuts travel time by up to 25 minutes

Motorists heading to Ninoy Aquino International Airport (NAIA) Terminal 3 can now reach the terminal faster with the opening of a new off-ramp connecting the Skyway directly to the NAIA Expressway.

Philippine exports extend rally as risks mount

The Department of Trade and Industry (DTI) is stepping up support for exporters while keeping a close watch on global developments that could disrupt trade and logistics, as Philippine exports continue their growth streak.

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