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San Miguel raises P13B via preferred shares sale

Corporate Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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 

Corporate Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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

Top News Context.ph Context.ph -
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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PCCI back pragmatic review of coal moratorium

Energy & Mining 0
The Philippine Chamber of Commerce and Industry (PCCI) on Wednesday threw its support behind a government review of the country’s moratorium on new coal-fired power plants, calling the move a “pragmatic” response to intensifying energy security risks.

ADB chief Masato Kanda announces bid for second term 

Banking & Insurance 0
Masato Kanda, president of the Asian Development Bank, announced he will run for reelection when his current term ends on November 23, 2026.

Ortigas Land, AUSI partner for solar power at GH Mall

Energy & Mining 0
Ortigas Land Corporation has partnered with Advent Upgrade Solar Inc. (AUSI), a joint venture of Aboitiz Power Distributed Renewables, Inc. and Upgrade Energy Philippines, to install a 1,587.20 kilowatt-peak solar power system for GH Mall.

BCDA, K-Water eye smart village in Clark

Property 0
State-run Bases Conversion and Development Authority (BCDA) has partnered with South Korea’s Korea Water Resources Corp. to explore building a “smart village” in New Clark City, marking a fresh push to develop climate-resilient, technology-driven communities in the Philippines.

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