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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

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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 

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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

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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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LG Electronics brings cutting-edge digital art to smart TVs with Sedetion partnership

Corporate Bulletins 0
LG Electronics has teamed up with Sedition, the pioneering digital art platform, to transform living rooms into immersive contemporary art spaces. Through LG Gallery+, the company’s premium visual service for LG Smart TVs, users can now access more than 300 curated digital artworks, including video-based pieces, bringing museum-quality experiences directly into the home. This partnership underscores LG’s commitment to redefining home entertainment by merging technology, art, and personal expression.

Suspected “ghost” farm road in Albay under investigation

Agriculture 0
Agriculture Secretary Francisco P. Tiu Laurel Jr. inspected a questionable farm-to-market road (FMR) project in Barangay Lower Binogsacan, raising concerns that the project may not exist at its approved location.

Truckmakers urge caution on Euro II fuels 

Transport & Logistics 0
The Truck Manufacturers Association, Inc. (TMA) has backed a government move allowing the temporary use of lower-grade fuel, but warned it must be enforced with “utmost caution” to avoid damaging modern vehicles.

Marcos orders P145.56B highway funding release

Transport & Logistics 0
President Ferdinand R. Marcos Jr. has ordered the release of P145.56 billion to fund the Central Mindanao High Standard Highway Project, aiming to accelerate infrastructure development and spur economic growth in the region.

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