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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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Australia pushes Philippine growth in key sectors

Australia is stepping up its economic engagement with the Philippines, launching a new business mission on March 18 focused on high-impact industries poised to drive the next wave of bilateral growth.

Australia strengthens trade and education ties with PH

Australian Assistant Minister Matt Thistlethwaite visited the Philippines on Wednesday to lead a business mission aimed at boosting trade and investment between Australia and Southeast Asia.

BSP monitors Middle East conflict risks ahead of April policy meeting

The Bangko Sentral ng Pilipinas (BSP) said it is closely watching the ongoing conflict in the Middle East as it prepares for its monetary policy meeting on April 23, 2026.

New transformers enable full wind power delivery in Mindoro

The Department of Energy (DOE) on Wednesday announced the installation of three transformers at the Calangatan Switching Station in Oriental Mindoro to improve electricity service on the island.

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