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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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Damosa expands Samal hospitality push as hotel sales surge

Travel & Tourism 0
Damosa Land Inc. is stepping up its hospitality investments in Samal Island, with its upcoming 100-room TRYP by Wyndham Samal already 90 percent sold as the developer positions for rising tourism demand and better connectivity with Davao City.

Federal Land uses Kaizen to reshape projects

Property 0
Federal Land Inc. is bringing the Japanese principle of Kaizen, or continuous improvement, into its Philippine residential business as a long-term partnership with Japanese real estate and lifestyle companies moves from one project to a broader development strategy.

ASEAN seeks to turn trade strength into investment gains

Trade & Investments 0
ASEAN economic ministers are seeking to turn the region’s USD4.4-trillion merchandise trade and rising foreign investment into deeper integration, larger digital markets, and more cross-border business opportunities as they meet in Manila.

Philippine bamboo venture joins ASEAN inclusive business awards

Trade & Investments 0
A Philippine bamboo cooperative is joining 10 other Southeast Asian enterprises in the ASEAN Inclusive Business Awards, putting the spotlight on companies that are trying to make community livelihoods part of the business model rather than an afterthought.

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