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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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PhilCare launches HeyPhil 3.0, bringing 24/7 healthcare access via mobile app

PhilCare has launched HeyPhil 3.0, a major update to its health app designed to give Filipinos faster and easier access to medical services.

Government halts new ride-hailing and motorcycle taxi sign-ups

Transportation Secretary Giovanni Lopez has ordered a stop to the onboarding of new drivers and riders by ride-hailing and motorcycle taxi companies.

Cebu authorities partially lifts CDO vs Cebu landfill project

The Department of Environment and Natural Resources – Environmental Management Bureau Region 7 (DENR-EMB 7) announced today that it has partially lifted the cease and desist order (CDO) on Prime Integrated Waste Management Inc. for its Binaliw Sanitary Landfill Project. The decision comes after the company fulfilled key remediation and operational commitments.

Philippines keeps clean IP record, eyes risks

The Philippines has stayed off the United States’ intellectual property watchlist for a 13th straight year, underscoring sustained progress in enforcement even as risks tied to counterfeit goods persist.

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