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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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TRB approves toll collection for final CAVITEX C5 link segment starting May 5

The Toll Regulatory Board (TRB) has approved toll collection for the final section of the CAVITEX C5 Link, known as Segment 3B, beginning May 5, 2026.

ASEAN urged to treat climate change as economic threat, not just environmental issue

Finance and environment officials in Southeast Asia are calling for a major shift in how governments respond to climate change, warning that its impacts are no longer just environmental—but economic.

Air China route boosts China tourism rebound

The Philippines is stepping up its push to revive Chinese arrivals, welcoming Air China’s inaugural Chongqing–Manila (CKG–MNL) flight on May 2 as a key milestone in rebuilding one of its most vital tourism markets.

DENR inspects evacuation site, steps up response to Navotas landfill fire

Environment Secretary Juan Miguel Cuna visited an evacuation site on May 1 at Obando National High School, where around 120 families are staying after being displaced by heavy smoke from a landfill fire in Navotas.

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