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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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Globe upgrades network with real-time automation

Communications & Technology 0
Globe Telecom is rolling out new automation and intelligence features to improve network reliability during outages, bad weather, and heavy mobile traffic.

Over 3,500 barangays to get internet access under PLDT expansion program

Communications & Technology 0
PLDT plans to bring internet connectivity to more than 3,500 previously unconnected barangays across the Philippines as part of its rural network expansion program.

Mayon ashfall damages farms in Albay; DA rolls out aid

Agriculture 0
Ashfall and ongoing volcanic activity from Mayon Volcano have damaged farms in Albay, affecting hundreds of farmers and causing millions of pesos in losses, according to the Department of Agriculture (DA).

Shell Ph nominee seeks SEC review of fellow nominee’s board bid

Corporate 0
Edgar O. Chua, a nominee for independent director at Shell Pilipinas Corporation, is facing questions over his eligibility for the role.

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