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San Miguel raises P13B via preferred shares sale

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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

Energy & Mining Context.ph Context.ph -
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 

Corporate Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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

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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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PXP unit secures DOE approval for SC 91

Energy & Mining 0
PXP Energy Corp. said its indirect subsidiary has secured the formal effectivity of a new petroleum contract covering a prospective offshore block in Palawan, marking a step forward in its upstream portfolio.

DITO says AI assistant now handles 98% of customer queries

Communications & Technology 0
DITO Telecommunity Corp. said its in-house artificial intelligence assistant, KAi, is now resolving 98 percent of customer inquiries without human help, delivering instant responses across its digital platforms.

Coins.ph launches QRPh stablecoin checkout nationwide

Banking & Insurance 0
Philippine crypto wallet Coins.ph is bringing digital assets into everyday retail with the rollout of QRPh Stablecoin Payment, a feature that allows users to pay via the country’s national QR code standard using pesos, supported stablecoins, or a combination of both in a single transaction.

Vivant Water seals Bantayan utility footprint expansion

Corporate 0
Cebu-based Vivant Infracore Holdings, Inc., operating as Vivant Water, has completed its acquisition of Bantayan Resource Management and Development Corp., securing full ownership and operational control of the water distribution provider serving the Municipality of Bantayan in Cebu.

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