James A. Loyola
Megawide's planned P5-B bonds gets PRS Aa rating
May 05, 2024 2:30 pm
Engineering and infrastructure firm Megawide Construction Corporation’s planned P5 billion bond offering has been assigned an Issue Credit Rating of PRS Aa, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings).
PH stock investors to watch for inflation, GDP data
May 05, 2024 2:29 pm
Stock market investors will be taking their cue from the April inflation data to be released this week as this could affect interest rates while also looking forward to the release of the country’s gross domestic product (GDP) numbers.
RLC posts P4-B profit in first quarter
May 03, 2024 10:26 am
Robinsons Land Corporation (RLC) posted a 53 percent jump in attributable net income to P4.07 billion in the first quarter of 2024 from the same period last year due primarily to a one-time gain.
LT Group cautiously optimistic
May 03, 2024 10:13 am
While optimistic that its business remain on strong footing, taipan Lucio Tan’s LT Group is also being cautious as interest rates remain high while inflation is rising.
Inflation worries hound stocks
May 03, 2024 8:52 am
Concern over higher inflation for April continued to weigh on the local stock market.