Wednesday, 16 July 2025, 3:58 am

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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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    Majority of Filipinos urge VP Duterte to address impeachment—SWS

    Two in three Filipinos believe Vice President Sara Duterte should face the impeachment charges against her, according to a June 2025 nationwide survey by Social Weather Stations (SWS), commissioned by the Stratbase Group.

    Converge rebrands to signal full techco transformation

    Converge ICT Solutions Inc., one of the Philippines’ top broadband providers, has aopted a refreshed brand identity, underscoring its strategic evolution from a traditional telecommunications firm into a forward-looking technology company.

    Gov’t wipes out 11-year motorcycle plate backlog, tightens crackdown on fakes

    The government on Tuesday reported clearing the 11-year backlog of motorcycle license plates, a long-standing issue dating back to 2014.

    Cebu Pacific posts strong H1 performance, passenger volume surges 21%

    Cebu Pacific reported robust operational performance for the first half of 2025, carrying 13.9 million passengers, up 20.8 percent year-on-year, underscoring the sustained recovery in both domestic and international air travel.

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