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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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The seaside tree hiding the next skincare goldmine

Lifestyle 0
Scientists have found that the humble bitaog tree—also known as Palo Maria, Tamanu Tree, Dangkalan, or Alexandrian laurel—that are common along Philippine coastlines and often overlooked, produces an oil rich in compounds prized by the skincare industry. 

HABI weaves stronger future for Philippine textiles 

Lifestyle 0
Every handwoven Philippine textile tells a story. HABI: The Philippine Textile Council wants to make sure buyers know the difference between an authentic heirloom and an imitation dressed up in tradition.

North America flights lift Philippine tourism growth

Travel & Tourism 0
Airlines are ramping up flights between North America and the Philippines as robust demand continues to buck a broader slowdown in outbound travel from the US and Canada, reinforcing confidence in one of the country's most valuable tourism markets.

Naomi Johnson sets 400-m record in heat, wins silver in final

Sports & Entertainment 0
Naomi Johnson arrived in Ordos, China, chasing a medal. She left carrying something even heavier, a shiny silver, and a brand-new Philippine record.

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