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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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Globe joins global tech giants in massive Asia cable project

Communications & Technology 0
Globe Telecom has partnered with a group of international firms to develop the Candle Cable System, a major undersea network aimed at improving internet connectivity across Southeast and East Asia.

Converge boosts internet speeds nationwide amid fuel crisis

Communications & Technology 0
Converge ICT Solutions Inc. has announced a temporary nationwide speed increase for its FiberX internet plans to help customers cope with rising fuel costs and their impact on daily expenses and mobility.

Aboitiz unit upgrades Laguindingan airport airside facilities

Communications & Technology 0
Aboitiz InfraCapital, Inc. (AIC) has completed a series of upgrades to the airside facilities of Laguindingan International Airport to improve safety, efficiency, and reliability of operations.

Nestlé Philippines accelerates plastic waste recovery, packaging efforts

Corporate 0
Nestlé Philippines is stepping up efforts to tackle plastic waste, expanding recovery programs and advancing packaging innovations as it seeks to balance product accessibility with environmental responsibility.

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