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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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MRT-3 tightens cleaning protocols after cockroach sighting in train

The Department of Transportation (DOTr) has ordered stronger, disinfection, and pest control measures across the Manila Metro Rail Transit System Line 3 (MRT-3) after a passenger reported seeing a cockroach inside a train car on social media.

Major repairs begin at Meycauayan River Bridge on NLEX

NLEX Corporation has started major improvement works on the Meycauayan River Bridge along the North Luzon Expressway to upgrade the road surface and fix potential potholes before the rainy season.

Globe Business achieves ISO milestone for customer experience

Globe Business has achieved full International Organization for Standardization (ISO) certification for its customer experience and service operations, setting a new benchmark for reliability, security, and quality in the country’s business-to-business (B2B) sector.

APECO eyes Eastern seaboard logistics gateway role

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is positioning its Pacific-facing ecozone as a future logistics and maritime gateway, betting that its location in northeastern Luzon could unlock new trade flows along the Philippines’ underutilized eastern seaboard.

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