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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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50 firms eye PH fare system project

Transport & Logistics 0
More than 50 local and international companies have shown interest in the Philippine Automated Fare Collection System (PAFCS), boosting confidence in the government’s transport modernization program.

McDonald’s Opens 56th Bahay Bulilit Center Manila

Social Responsibility & Sustainability 0
McDonald’s Philippines, in partnership with Ronald McDonald House Charities (RMHC) Philippines, has expanded its community impact in Manila with the opening of the 56th Ronald McDonald Bahay Bulilit Learning Center.

Short-term T-bills favored amid inflationary pressures

Banking & Insurance 0
Investors flocked to shorter-dated government securities on Monday as rising yields and weak appetite for longer tenors reflected expectations of further monetary tightening amid surging inflation and persistent geopolitical uncertainty.

Converge boosts support for PH BPO industry

Communications & Technology 0
Converge ICT Solutions Inc. is strengthening its support for the Philippine business process outsourcing (BPO) sector, saying strong digital infrastructure is key to keeping the country globally competitive.

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