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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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    GSIS offers low-interest, short-term loans via mobile app

    The Government Service Insurance System (GSIS) has launched Ginhawa Go, a short-term micro-loan program for government employees, offering quick access to cash through the GSIS Touch mobile app.

    BSP signs data-sharing pacts to intensify anti-scam drive

    The Bangko Sentral ng Pilipinas (BSP) has signed separate information sharing agreements with the National Bureau of Investigation (NBI), Cybercrime Investigation and Coordinating Center (CICC), and Securities and Exchange Commission (SEC) to strengthen the government’s crackdown on financial scams.

    Jerry G. Ngo, East West Bank president and CEO, on disciplined banking

    In January 2023, as East West Banking Corp. entered a new leadership chapter, Jerry G. Ngo became chief executive officer, bringing a lifelong belief that banking is “the physiology of the economy”—the system that keeps commerce alive.

    SM Hotels Wins Global Green Honor

    SM Hotels and Conventions Corporation (SMHCC) has secured a major international sustainability accolade, clinching the “2025 World’s Leading Sustainable Circular Economy” title at the World Sustainable Travel & Hospitality Awards held in Dubai.

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