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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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Lopez family rift deepens over ‘3rd poison pill’

The leadership dispute within Lopez Inc. has intensified, with controlling shareholders aligned with Eugenio “Gabby” Lopez III flagging what they describe as a “third poison pill” tied to the leadership of Federico “Piki” Lopez at First Gen Corp..

Eala channels Caesar, conquers Italian Open main-draw debut

Alex Eala didn’t just win—she staged a mini Roman epic.

First Gen profit falls 24% in Q1 2026 on reduced gas stake

First Gen Corp. reported a 24 percent drop in net income for the first quarter of 2026, earning P3.6 billion compared to P4.8 billion in the same period last year.

Philippines pushes ASEAN unity, targets concrete gains

The Philippines is calling for deeper integration within the Association of Southeast Asian Nations (ASEAN), warning that stronger regional coordination is now essential as global uncertainties intensify.

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