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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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Real-time fixes redefine trust in Aboitiz business

In a post-crisis digital economy, customers are no longer swayed by brand promises alone—they’re watching how businesses respond in real time when something goes wrong. The new trust metric isn’t messaging but momentum.

Peso slides, stocks stall as caution builds

Philippine financial markets are in a consolidation phase, with the peso and equities under pressure as tighter monetary conditions and inflation concerns weigh on sentiment.

DTI pushes exporters to pursue US duty refunds

The Department of Trade and Industry (DTI) is urging Philippine exporters to coordinate closely with their US partners to recover duties collected under the US  International Emergency Economic Powers Act (IEEPA), as American authorities activate a formal refund mechanism.

Maynilad boosts water supply measures amid El Niño

Maynilad Water Services Inc. said it is stepping up efforts to ensure stable water supply as the dry season continues under El Niño conditions.

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