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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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Gov’t to buy 2 barrels of oil to boost national supply

The Philippine government is set to purchase 2 million barrels of oil to strengthen the country’s fuel buffer stock, Department of Finance Secretary Frederick Go announced Tuesday.

NFA seeks approval to sell rice directly amid Middle East conflict

The National Food Authority (NFA) is asking the government to let it sell rice directly to the public, citing the ongoing conflict in the Middle East.

Higher gold and silver prices boost Apex Mining income by 77%

Philippine-listed mining company Apex Mining Co. saw its net income surge 77 percent in 2025, reaching ₱7.66 billion, up from ₱4.32 billion in 2024.

PLDT Global launches faster digital remittance service for OFWs

PLDT Global Corporation has introduced a new digital remittance feature called ePadala under its Tindahan ni Bossing (TinBo) platform, aimed at helping overseas Filipino workers (OFWs) send money home more quickly and easily.

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