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    Tag: Editors' Picks

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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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    Pag-IBIG income hits P65.3B high

    State-run Pag-IBIG Fund posted a record P65.28 billion in...

    NAIA Terminal shakeup tests airlines nerves

    At Ninoy Aquino International Airport, the runway is not the only thing shifting. Airlines are now studying a government proposal to redraw the airport map itself, clustering carriers by business model in a sweeping terminal realignment. 

    Toyota tops anew importer list

    Toyota Motor Philippines has been named the country’s “Top 2 Importer” for 2025 after remitting a record P52.517 billion in duties and taxes, marking the company’s highest annual contribution since its operations began.

    DA seeks bigger budget to expand palm oil in Mindanao

    The Department of Agriculture (DA) is pushing to expand oil palm production in Mindanao, saying it can cut imports, raise farmer incomes, and secure the country’s cooking oil supply.

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