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San Miguel raises P13B via preferred shares sale

Corporate Context.ph Context.ph -
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

Top News Context.ph Context.ph -
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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Counterfeit trade goes digital, IPOPHL seeks tougher crackdown

Trade & Investments 0
The Intellectual Property Office of the Philippines (IPOPHL) is pushing for tighter enforcement, stronger inter-agency coordination, and targeted legal reforms as the country's counterfeit trade increasingly migrates from shopping centers to online marketplaces.

Lopez family truce quickly unravels

Corporate 0
A call for family peace quickly gave way to fresh legal hostilities after businessman Federico “Piki" Lopez filed indirect contempt complaints against his cousins on the same day he appealed for reconciliation during First Gen Corp.’s annual stockholders’ meeting.

DOE: Agus-Pulangi rehab, Semirara coal bidding set this year 

Corporate 0
The Department of Energy (DOE) is moving forward with two key projects to improve the country’s power assets: the rehabilitation of the Agus-Pulangi hydroelectric complex in Mindanao and the re-privatization of the Semirara coal resource.

DA proposes expanded corn import quota to stabilize costs, food prices

Agriculture 0
The Department of Agriculture (DA) aims to raise the country’s corn minimum access volume (MAV) to 500,000 metric tons (MT), more than doubling the current 216,940 MT.

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