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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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    Metal mining output rises 14.8% in first 9 months

    The country’s mined metals production rose 14.8 percent to P219.74 billion in the first nine months this year, from P191.42 billion a year earlier, the Mines and Geosciences Bureau (MGB) reported.

    Philippines stakes bold industrial future, unveils Tatak Pinoy plan

    The Department of Trade and Industry (DTI) on Monday rolled out the Tatak Pinoy Strategy (TPS), the Philippines’ first national industrial policy, positioning the country for a major economic showcase as it prepares to host ASEAN meetings in 2026.

    Unicapital appoints former DOF undersecretary as managing director

    Unicapital Inc. has named former Finance Undersecretary Karen Singson as its new managing director.

    DOJ charges Cebu executives over alleged investment scam

    The Department of Justice (DOJ) has filed criminal charges against executives of Cebu-based Fergus Inc. for allegedly soliciting investments from the public without the required government license.

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