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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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FPIP exec elected to key post in PCCI Tanauan

The First Philippine Industrial Park (FPIP), represented by Ricky Carandang, has been elected external vice president of the Philippine Chamber of Commerce and Industry (PCCI) – Tanauan City Chapter.

Expanded work-from-home rule eases pressure on IT-BPM firms

The IT and Business Process Association of the Philippines (IBPAP) welcomed the government’s approval of expanded work-from-home flexibility for registered business enterprises, saying the move offers immediate operational relief to companies and workers grappling with rising costs.

AI-Driven identity attacks surge worldwide, new report warns

A new report from biometric identity verification solutions provider iProov says cybercriminals are increasingly using artificial intelligence to carry out identity-based attacks at a much larger scale, raising risks for businesses and digital platforms.

Home Credit offers early access, flexible payments for new MacBook Neo

Home Credit Philippines has launched an exclusive nationwide pre-order for the new MacBook Neo, aiming to make high-performance laptops more accessible to Filipinos through affordable installment plans.

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