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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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Trinoma expansion poised to transform commuter traffic 

Ayala Malls is supercharging Trinoma with The Exchange at Trinoma, a new 40,000-square-meter retail and office wing designed to tap into rising commuter traffic and commercial activity at Quezon City’s upcoming Unified Grand Central Station.

Gas and diesel prices set to rise again as PH fuel stocks decline — DOE

Fuel prices are set to move upward again this week, with gasoline and diesel increasing for the third straight week, while kerosene will get another price cut, according to the Department of Energy (DOE).

PhilRice pushes cost-saving farming methods ahead of wet season

The Philippine Rice Research Institute (Philippine Rice Research Institute) is urging rice farmers to adopt practical cost-saving measures as rising global prices of farm inputs continue to increase production expenses during the wet season planting period.

SEC warns public vs fake MocaMoca lending platforms

The Securities and Exchange Commission (SEC) has warned the public against dealing with fake online lending platforms posing as MocaMoca and Copperstone Lending Inc., citing reports of fraud, harassment, and possible misuse of personal data.

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