Razon-led International Container Terminal Services Inc. (ICTSI) is on track to become the first ₱2 trillion company listed on the Philippine Stock Exchange (PSE), rendering any speculative move to delist and seek an overseas debut unnecessary, according to the bourse’s top official. PSE...
Ayala Corp., the oldest conglomerate in the country, is deploying ₱5 billion to aggressive equity purchases of its primary real estate subsidiary, Ayala Land Inc., seeking to stabilize the property giant following a steep market selloff. The Zobel-led parent company informed the Philippine Stock...
Global markets and local investors are bracing for a volatile week as looming policy decisions from the United States (US) Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) collide with fluid geopolitical developments in the Middle East. Traders are closely tracking whether a definitive...
Abacus Global Technovisions, Inc. will hold its Annual Stockholders’ Meeting on Thursday, July 9, 2026, at 3:00 p.m. at SotoGrande, 181 Katipunan Avenue, Project 4, Quezon City. Stockholders of record as of the close of business on June 9, 2026, shall be entitled to receive notice of and vote at...
Abacus Global Technovisions, Inc. will hold its Annual Stockholders’ Meeting on Thursday, July 9, 2026, at 3:00 p.m. at SotoGrande, 181 Katipunan Avenue, Project 4, Quezon City. Stockholders of record as of the close of business on June 9, 2026, shall be entitled to receive notice of and vote at...
The local stock market is seen to continue having a negative bias this holiday-shortened week despite the lower-than-anticipated inflation data released last week, amid continued uncertainty in the Middle East and its impact on prices and interest rates should hostilities escalate. “The local...
Local equities rose for the third consecutive session as International Container Terminal Services Inc. (ICTSI) single-handedly propelled the benchmark index higher, masking widespread weakness across the broader market. The Philippine Stock Exchange index (PSEi) gained 40.48 points, or 0.69...
MerryMart Consumer Corp., the grocery retail chain controlled by tycoon Edgar Sia II, plans to voluntarily delist from the local bourse following the takeover bid by affiliate developer DoubleDragon Corp. In a disclosure to the Philippine Stock Exchange, the firm said that the supermarket...
The local stock market may trade sideways this week as concerns over rising inflation and interest rates offset hopes for a peace pact between the United States (US) and Iran. “The local market is still expected to deal with lingering uncertainties, which could keep its movement tempered this...
Planned initial public offering (IPO) of Mynt, the digital fintech heavyweight backed by Ayala Corp. and Alibaba affiliate Ant Group, will likely look past its initial July target as the company awaits a regulatory overhaul from local bourse officials. While the operator of the ubiquitous GCash...
With the conclusion of the first-quarter earnings season, the local stock market is seen turning more bearish as investors take profits from recent gains, with sentiment dampened by the weaker peso, local politicking, and the unresolved Middle East conflict. “The local market has shown positive...
Robinsons Retail Holdings Inc. (RRHI), the multi-format retailer controlled by the Gokongwei family, is seeking to exit the Philippine Stock Exchange (PSE) by July 28, 2026, provided its controlling shareholders can consolidate enough shares to trigger a voluntary delisting. The company has filed a...
