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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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GCash parent Mynt flat in historic debut

Corporate 0
Shares of Mynt Inc., the parent firm behind dominant e-wallet operator GCash, closed unchanged at P6.60 per share during its trading debut Tuesday on the Philippine Stock Exchange, marking a historic milestone as the country's largest initial public offering to date.

Palace delays corn import order amid harvest concerns

Agriculture 0
Malacañang has deferred signing an executive order on the minimum access volume (MAV) for corn imports, citing concerns that its implementation could undermine local farmers’ earnings during the ongoing harvest season.

Power backup ready for El Niño

Energy & Mining 0
The Department of Energy has confirmed it is fully mobilized to safeguard power supply as the Philippines braces for a projected Super El Niño lasting through the first half of 2027, with the driest conditions forecast from November this year to April 2027.

DA moves to support local hog producers amid low farmgate prices

Agriculture 0
The Department of Agriculture (DA) is stepping up measures to assist local pork producers, who continue to face depressed farmgate prices due to rising imports. Speaking at the Tuesday Club Breakfast Forum in Mandaluyong City, Agriculture Secretary Francisco Tiu Laurel Jr. assured stakeholders the agency is exploring every legal option to ease market pressure on domestic hog raisers.

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