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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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FDI inflows reach $7.8 Billion in 2025, signaling investor confidence

Foreign direct investments (FDIs), often seen as a key indicator of a country’s economic health, brought net inflows of US$560 million into the Philippines in December 2025, according to the Bangko Sentral ng Pilipinas (BSP).

Blockbuster 4Q earnings power Jollibee 2025 rise

Jollibee Foods Corp. wrapped up 2025 with a powerful fourth-quarter performance that lifted its full-year earnings, underscoring the fast-food giant’s growing strength both at home and overseas.

Agri groups urge government action as fuel prices rise

Agriculture groups are asking the government to step in and reduce the impact of rising fuel prices on farmers and fisherfolk, warning that the situation could threaten food production and raise food prices.

Airlines warn of higher ticket prices as fuel costs surge

Domestic airlines expect airfares to rise in the coming months as the conflict in the Middle East drives up jet fuel prices and disrupts flight operations.

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