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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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BPI, Petron launch credit card with fuel rebates for motorists

The Bank of the Philippine Islands (BPI) is offering motorists a way to save on fuel through its Petron BPI Mastercard, which provides rebates and flexible payment options.

SM boosts communication with online platform

SM Investments Corporation is strengthening how it communicates with stakeholders through its online platform, SM In Focus, which has gained over 137,000 subscribers and more than 2.5 million views since launching in late 2024.

Firms get alternative fuel offers amid volatility

Philippine manufacturers facing rising fuel costs and global uncertainty are being presented with alternative energy supply options, as the private sector moves to cushion the impact of geopolitical tensions.

GSIS launches 3-month loan relief with lump-sum refund

The Government Service Insurance System (GSIS) has introduced “Balik Ginhawa,” a program that gives government workers financial relief through a modified three-month loan moratorium.

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