Wednesday, 07 May 2025, 8:55 pm

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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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    Mitsubishi joins ACEN-led alliance for early coal plant retirement

    ACEN Corp. said Wednesday that Mitsubishi Corp. and its subsidiary Diamond Generating Asia (DGA) have joined forces with GenZero and Keppel Ltd. to explore a pioneering transition credits mechanism aimed at accelerating the retirement of the 246 MW South Luzon Thermal Energy Corp (SLTEC) coal-fired power plant in Batangas, Philippines.

    New bird flu strain detected in Camarines Sur spurs policy action

    The Department of Agriculture (DA), through the Bureau of Animal Industry (BAI), on Wednesday confirmed the country’s first case of the highly pathogenic avian influenza (HPAI) Type A Subtype H5N9 in Camaligan, Camarines Sur.

    Robinsons Land unveils P125B five-year expansion plan

    Robinsons Land Corp. (RLC), the property development arm of the Gokongwei group, is set to spend up to P125 billion over the next five years to fuel a broad expansion of its commercial footprint, enhance its real estate portfolio, and pursue long-term profit growth.

    Megaworld posts 15% 1Q income growth

    Property giant Megaworld Corp. posted a strong start to 2025, reporting a 15 percent year-on-year rise in first-quarter net income to P5.09 billion, up from P4.4 billion in the same period last year, driven by across-the-board gains in its core business segments.

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