Tuesday, 24 February 2026, 8:19 am

    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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    BIR rolls out friendly nationwide tax audits

    In a shift from stern audits to street-level support, the Bureau of Internal Revenue (BIR) fanned out across the country on February 23 for a Nationwide Simultaneous Friendly Tax Compliance Verification Drive (TCVD), putting dialogue ahead of discipline.

    Filinvest Land posts flat 2025 profit amid revenue growth

    Filinvest Land Inc. (FLI) reported an attributable income of ₱4.17 billion in 2025, nearly unchanged from ₱4.16 billion in 2024, citing higher interest rates, more selective homebuyers, and structural shifts in the office sector.

    Duterte confirmation of charges hearing starts at ICC

    The International Criminal Court in The Hague on Monday opened confirmation of charges proceedings against former Philippine President Rodrigo Duterte, a crucial step that will determine whether there is sufficient evidence to send the case to full trial. Prosecutors, defense lawyers, and legal representatives of the victims are set to present their evidence and arguments before ICC judges, who have up to 60 days to decide if the case will move forward. The 80-year-old Duterte was arrested in March last year and has remained in detention while awaiting the court’s ruling on whether he will stand trial. Outside the ICC chamber, protesters from the families of the victims and those who support Duterte gathered to voice the opinions.

    Caloocan’s People’s Park gets P50-million makeover

    Caloocan City’s People’s Park has reopened following a P50-million redevelopment funded by the Melco Resorts (Philippines) Foundation Corporation (MRP Foundation). The renovation was inaugurated in February by mayor Dale Gonzalo “Along” Malapitan and MRP Foundation chairman Clarence Chung, coinciding with the city’s 64th cityhood anniversary celebration.

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