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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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CAAP opens OFW lounge at Zamboanga Airport

Transport & Logistics 0
The Civil Aviation Authority of the Philippines (CAAP) has opened a dedicated lounge for overseas Filipino workers (OFWs) at Zamboanga International Airport to provide comfort and essential services for travelers.

Globe Business strengthens AI push with AAP alliance

Corporate Bulletins 0
Globe Business has signed a two-year strategic partnership with the Analytics and Artificial Intelligence Association of the Philippines (AAP) to help organizations in the Philippines adopt artificial intelligence (AI) more effectively in daily operations.

MinDA accelerates Mindanao Rail, connectivity via PPPs

Trade & Investments 0
The Mindanao Development Authority (MinDA) is fast-tracking key infrastructure initiatives in Mindanao, including the 428-kilometer Mindanao Transport Connectivity Improvement Project and the long-delayed Mindanao Railway Project, through public-private partnerships (PPP).

BSP warns public vs unauthorized crypto service providers

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) has renewed its warning to the public against using unauthorized virtual asset service providers (VASPs), which handle cryptocurrency activities such as trading, transfers, exchanges, safekeeping, and payments.

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