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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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DAR distributes over 16,500 vegetable seed packs to farmers in Pangasinan

The Department of Agrarian Reform (DAR) has given seed assistance to 3,725 agrarian reform beneficiaries (ARBs) in Pangasinan to help them maintain their farms and incomes amid rising energy and farm input costs.

Most Filipinos have only ₱50K in emergency savings as inflation strains finances — study

Most Filipinos have only around ₱50,000 in emergency savings, an amount that can be quickly depleted by a single medical emergency, a new study found, as rising inflation continues to strain household finances.

First robot-assisted cataract surgery done in PH

The Philippines has marked a global first after successfully performing the world’s first fully robot-assisted cataract surgery on a human patient.

Japan envoy visits Davao, highlights 70 years of Japan–Philippines friendship

Japan’s Ambassador ENDO Kazuya visited Davao City for a series of engagements aimed at strengthening Japan–Philippines relations, as both countries commemorate the 70th anniversary of their diplomatic friendship this year.

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