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San Miguel raises P13B via preferred shares sale

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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

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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 

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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

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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

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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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Grocery spending turns into big win as Laguna VA wins BYD Seagull in bank-supermarket promo

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Everyday grocery shopping and credit card use paid off for one lucky customer after a joint promo by East West Banking Corporation and Puregold Price Club awarded a brand-new BYD Seagull to its grand prize winner.

DOE turns over 40-kW solar system to TESDA Taguig complex

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The Department of Energy (DOE) has handed over a 40-kilowatt peak solar power system to the Technical Education and Skills Development Authority (TESDA) at its complex in Taguig City.

CAB approves lower fuel surcharge as jet fuel prices ease

Transport & Logistics 0
The Civil Aeronautics Board (CAB) has approved a slight reduction in airline fuel surcharges for flights from May 1 to 15, 2026, as global jet fuel prices begin to ease after hitting record highs in April.

Aboitiz warns oil shock may hit consumers as Middle East conflict drives up costs

Corporate 0
Aboitiz Equity Ventures Inc. is warning that the biggest risk from the ongoing Middle East conflict is not direct business disruption, but how sharply rising oil prices could affect consumers and demand.

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