James A. Loyola
Stocks inch up after BSP rate cuts
December 20, 2024 8:24 am
The Philippine Stock Exchange Index (PSEi) ended with a small gain after a strong start, as news of rate cuts were overshadowed by signals of a slower pace of reductions in 2025 as well as by the weakening peso.
SEC permanently bars HASMADAI group from soliciting investments
December 20, 2024 5:49 am
The Securities and Exchange Commission (SEC) has made permanent its cease and desist order (CDO) against Humanitarian and Spiritual Mission Apostulates of Davao and Asia Inc., HASMADAI Foundation Inc. and Humanitarian Institute of Technology Corp. for their unauthorized solicitation of investments.
FLI gets top PRS Aaa rating for P12-billion bond issue
December 20, 2024 2:36 am
Filinvest Land Inc. (FLI), the listed property unit of the Gotianun Group, has secured the highest PRS Aaa Issue Credit Rating from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P12 billion.
SEC bags 2nd GCash award for digital excellence
December 20, 2024 2:27 am
The Securities and Exchange Commission (SEC) has received the GCash Digital Excellence Award 2024 for fostering the growth of innovative financial products and services while ensuring the protection of financial consumers.
Bloomberry names Gregory Hawkins as acting COO
December 20, 2024 2:20 am
Billionaire Enrique K. Razon Jr.’s casino and resort firm Bloomberry Resorts Corporation (BRC) reported that Solaire North head Gregory Francis Hawkins has been appointed as acting chief operating officer (COO) of
its operating subsidiary Bloomberry Resorts and Hotels Inc. (BRHI).