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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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Meralco assures stable power supply during Holy Week

The Manila Electric Company (Meralco) said it is ready to provide stable and reliable electricity service throughout the Holy Week.

ABS-CBN board denies claims linked to family dispute

The board of ABS-CBN Corporation has denied claims tied to an internal dispute within the Lopez family, saying the media company is not involved in the case cited in recent reports.

SSS considers loan, contribution relief measures

The Social Security System (SSS) is exploring measures to ease financial pressures on its members and employers amid continuing economic challenges.

AirAsia moving international flights to NAIA Terminal 1 

AirAsia Philippines and Malaysia AirAsia will transfer all international flights from Ninoy Aquino International Airport (NAIA) Terminal 3 to Terminal 1 beginning March 29, 2026.

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