Tag: Petron

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Petron bonds listed on PDEX, investor confidence underscored

Markets Context.ph Context.ph -
Petron Corp. on Monday listed on the Philippine Dealing and Exchange Corp. (PDEX) its fixed-rate bond that raised P32 billion amid oversubscription, which underscored investor confidence on the Philippines’ largest oil company.

Petron announces passing of director Horacio Ramos

Energy & Mining Context.ph Context.ph -
Petron Corp., the oil subsidiary of San Miguel Corp., announced Monday that its director, Horacio Ramos—former Secretary of the Department of Environment and Natural Resources (DENR)—has passed away.

DOE reiterates LIRA compliance to avoid hefty penalties

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) on Monday called on liquefied petroleum gas (LPG) industry players to comply with the LPG Industry Regulation Act (LIRA) in full to avoid severe penalties, including fines, business closure, and even criminal charges.

Petron to raise up to P32B via peso bond issue

Markets Context.ph Context.ph -
Petron Corp., the Philippines' largest oil company and sole refiner, announced Tuesday that its board has approved a plan to raise up to P32 billion this year through the public offer of peso-denominated retail bonds.

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GSIS backs KALINGA bill, cites ₱12.2B in crisis aid

Banking & Insurance 0
The Government Service Insurance System (GSIS) has expressed full support for the proposed KALINGA Act of 2026, saying it is ready to help in a coordinated government response to the ongoing energy crisis.

SM Prime revamps Susana Heights Estate with amenities

Property 0
SM Prime Holdings Inc., the property development arm of the Sy Group, is stepping up its push into the premium residential segment with a phased transformation of Susana Heights Village, signaling continued confidence in demand for low-density, high-value suburban estates despite a softer macroeconomic backdrop.

DDMP REIT raises dividend on strong earnings

Property 0
DDMP REIT Inc. has declared a higher cash dividend for its shareholders, backed by solid earnings growth and sustained leasing activity across its Bay Area office portfolio.

Unemployment eases, but labor market pressures persist

Economy 0
The Philippine labor market showed modest improvement in March, with unemployment easing slightly, though broader indicators suggest lingering pressures on job quality and workforce participation.

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