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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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AI vision takes shape in New Clark City

New Clark City is rapidly emerging as the Philippines’ boldest bet in semiconductors and artificial intelligence, with the Marcos administration positioning the fast-rising metropolis as a centerpiece of the Luzon Economic Corridor and the country’s next wave of industrial growth.

Midnight match ends Eala’s Berlin Open run

The scintillating run of Alex Eala at the Berlin Open ended in the witching hour (Manila time), halted past midnight Sunday by a familiar adversary, world No. 13 Linda Noskova, who prevailed in straight sets, 6-2, 6-4.

LTFRB, Maya partner for digital fuel subsidy disbursement

The Land Transportation Franchising and Regulatory Board (LTFRB) has collaborated with digital financial platform Maya to deliver fuel subsidies directly to eligible public utility vehicle (PUV) drivers and operators.

Gov’t launches “The Philippines by Foot” campaign to promote mindful walk tourism

The Tourism Promotions Board (TPB) Philippines has partnered with the Primer Group of Companies to launch "The Philippines by Foot," a new initiative positioning the country as a top destination for walking and mindful travel.

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