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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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Foreign currency reserves hit record US$112.7 billion in February

The country’s gross international reserves (GIR) climbed to a record $112.7 billion as of end-February 2026, according to preliminary Bangko Sentral ng Pilipinas data, providing the country with a strong buffer against external economic shocks.

Philippine CEOs temper optimism with risks

Philippine chief executives are entering 2026 with guarded optimism, balancing expectations of growth with persistent cost pressures and an uncertain global outlook, according to the latest CEO survey from Ernst & Young (EY).

Palawan’s P99 fire cover scales protection

As the Philippines marks Fire Prevention Month, the Palawan Group of Companies is betting that protection, like many Filipino household staples, can be sold “tingi.”

PEZA approvals grow as investments dip

Investment approvals from the Philippine Economic Zone Authority (PEZA) rose in volume during the first two months of 2026, signaling sustained investor interest in economic zones even as the overall value of commitments declined year on year.

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