Saturday, 31 May 2025, 11:43 am

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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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    ACEN unit powers Mapúa Malayan full renewable shift

    Mapúa Malayan Colleges Laguna (Mapúa MCL) has fully shifted its entire Cabuyao, Laguna campus to renewable energy through a partnership with ACEN Renewable Energy Solutions (ACEN RES), reinforcing its commitment to sustainability and climate action.

    Converge reshuffles leadership to strengthen tech and commercial strategy

    Converge ICT Solutions Inc. has announced a strategic overhaul of its leadership team aimed at reinforcing its transformation into a technology-driven company and securing long-term commercial growth.

    BSP sees May inflation slowing further, signals cautious policy path

    Inflation in the Philippines is expected to continue its downward trend in May, with the Bangko Sentral ng Pilipinas (BSP) projecting a year-on-year rate between 0.9 percent and 1.7 percent, the central bank said Friday.

    Robust 1Q keeps Converge on track for 2025 goals

    Converge ICT Solutions Inc. is holding firm on its 2025 earnings guidance following a robust first quarter, signaling continued confidence in its financial and operational trajectory.

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