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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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Philippines gains ground, but SDG race tightens

The Philippines has made measurable gains toward achieving the United Nations' Sustainable Development Goals (SDGs). But the country remains off pace on most targets, highlighting the challenge of translating progress into meaningful outcomes before the 2030 deadline.

One Ayala Towers raise bar for green offices 

Ayala Land Offices is raising the sustainability benchmark for premium office developments after all three towers of One Ayala secured both LEED and EDGE Zero Carbon certifications, giving the Makati complex a stronger edge as companies increasingly prioritize environmentally responsible workplaces.

Marcoleta surrenders as non-bailable plunder case unfolds

Senator Rodante Marcoleta surrendered to the Sandiganbayan on Monday and is now under police custody after the anti-graft court issued a warrant for his arrest in connection with a non-bailable plunder case over the alleged nondisclosure of P75 million in campaign contributions. Interior and Local Government Secretary Jonvic Remulla personally supervised the warrant's implementation at the court. Former congressman Mike Defensor and two businessmen named as co-accused have yet to be arrested. The case marks a major escalation in one of the country's highest-profile corruption cases, with the Sandiganbayan finding probable cause to proceed with the charges while Marcoleta continues to enjoy the presumption of innocence.

ACEN taps partner for India wind project expansion

ACEN Corp. is bringing in a strategic partner for one of its wind projects in India as it continues to recycle capital while expanding its renewable energy footprint overseas.

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