Friday, 16 May 2025, 6:31 pm

    Tag: Editors' Picks

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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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    BI Tightens Anti-Trafficking Measures Amid Surge in Travel

    The Bureau of Immigration (BI) is intensifying the campaign against human trafficking, warning of increasingly deceptive schemes targeting outbound Filipino travelers. Commissioner Joel Anthony Viado said that 2025 will mark a year of modernization for the agency, including upgraded screening technology, streamlined processes, and strengthened legal frameworks to enhance border security and protect Filipinos.

    DOTr cancels Common Station contract over long delays

    The Department of Transportation (DOTr) has terminated its contract with the BFC-FDSC Consortium—comprising BF Corp. and Foresight Development and Surveying Co.—due to excessive delays in the construction of the Unified Grand Central Station, also known as the Common Station.

    PAL named Asia-Pacific’s most punctual airline for April 2025

    Flag carrier Philippine Airlines (PAL) had been rated the most punctual airline in Asia-Pacific for April 2025, according to London-based aviation analytics firm Cirium. The airline posted an on-time performance (OTP) of 86.07 percent, outperforming the regional average of only 81.01 percent and outpacing all North American carriers in the same period.

    Commerce, trade grind slowly at the San Juanico Strait

    Alleged continued inaction by port authorities in Eastern Visayas have sent transport and trade and commerce authorities in Region 8 looking for solutions to the chaos created by the closure of the San Juanico Bridge to vehicular traffic exceeding three tons.

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