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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 recognized for leading Luzon’s consumer choice programs

The Manila Electric Company (Meralco) has received recognition from the Energy Regulatory Commission (ERC) for registering the highest number of participants in customer choice programs across Luzon.

9th JAMI Cultural Festival highlights Japan-Philippines ties

The 9th Cultural Festival organized by the Japanese Association Manila (JAMI) took place at the Romulo Auditorium, bringing together Japanese and Filipino communities.

BSP-WB effort targets cash-to-digital shift in gov’t

The Bangko Sentral ng Pilipinas (BSP) and the World Bank (WB) are accelerating efforts to shift government payments and collections to digital platforms, aiming to improve service efficiency and financial inclusion. The call came during the forum “Payments for the People,” held in Makati City on May 13, 2026, and attended by government agencies, local government units, and industry partners.

Offshore wind project gains momentum with global investor

The Marcos administration is intensifying efforts to bring Southeast Asia's first offshore wind farm to the Philippines, with Finance Secretary and investment czar Frederick D. Go engaging global infrastructure investor Copenhagen Infrastructure Partners (CIP) to advance the 901-megawatt San Miguel Bay Offshore Wind Power Project in Camarines Sur.

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