The PSEi bounced back amid some bargain hunting although trading was mixed as concerns over inflation linger. The main index rose by 52.77 points or 0.80 points to close at 6,659.99 as Conglomerates led the advance but the Services and Mining sectors retreated. Volume was higher at 791 million...
Solar power firm Citicore Renewable Energy Corporation (CREC) has pegged its initial public offering (IPO) price at P2.70 per share for a total offering size of P5.3 billion. In its final offering prospectus, CREC said the offer price was determined based on a book building process and discussions...
As Luzon grid descended into new round of red alert that was prompted by the tripping of a major power plant, consumers are left with no choice but to suffer through inconvenience and relive the stress of waiting for another wave of spikes in their electric bills. System operator National Grid...
With RES, businesses can achieve significant savings on electricity costs, enhancing overall financial performance. Newsrooms typically race against time to break the latest stories and deliver attention-grabbing headlines to the public with seamless connectivity – hence, access to reliable and...
The Regular Annual Meeting of Stakeholders of Seafront Resources Corporation is happening on June 20, 2024, at 3:30 PM, and will be held online. Stockholders who wish to participate should register at https://www.seafrontresources.com.ph/#!/Investor-Relations from June 3, 9:00 AM until...
Peso continues to weigh on stocks The local stock market dropped further as investors wait for fresh economic data while sentiment is dampened by the continued weakness of the Philippine peso. The main index shed 26.44 points or 0.40 percent to close at 6,607.22 as Banks led the decline while...
Funds managed by leading global investment firm KKR is investing a yet undisclosed amount in the Del Rosario’s PHINMA Education Holdings Inc., a leading private higher education group and the education arm of PHINMA Corporation. In a disclosure to the Philippine Stock Exchange (PSE), PHINMA said...
Seafront Resources Corporation, a holding company with an oil exploration and production business, announces notice regarding its Regular Annual Meeting for stockholders. The meeting will be held virtually on June 20, 2024, at 3:30 PM, and stockholders must register at ...
Starbucks Philippines shared its Global Month of Good report for April 2024, highlighting eco-initiatives including “Greener Stores,” consumer rewards for reuse efforts, and clean water accessibility. According to the coffee giant, “Greener Stores” adopt sustainable measures through...
Leading industry player Petron Corporation has ramped up outputs at its two refineries in the Philippine and Malaysian markets to sustain sales volume that have been propping up targeted profitability levels. During the company’s annual stockholders’ meeting, Petron Chief Finance Officer...
EEI Corporation announced its 2024 Annual Stockholders' Meeting, which will take place on June 28, 2024. The meeting will start at 3:30 PM, and stakeholders can attend remotely. Stakeholders who wish to participate must confirm their attendance by sending an email to
[email protected]...
The local stock market declined after sentiment was dampened by the fall of the peso to the P58 to a US dollar level. The main index lost 49.12 points or 0.74 percent to close at 6,633.66 as the Property sector led the retreat while the Services counter bucked the trend and advanced. Volume rose to...
