Real estate giant Ayala Land Inc. (ALI) is beefing up its share buyback program with a fresh ₱10-billion budget after nearly depleting the ₱26 billion it allotted in 2020 for buying its own shares. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, March 31, ALI said its...
The Philippine Stock Exchange (PSE) is getting smaller. In just three years, a “Great Exit” of major companies, from Metro Pacific Investments Corp. (MPIC) to Eagle Cement Corp., has pulled more than ₱580 billion out of the public market. This exodus is moving faster than the exchange can...
NTT UD Asia Pte. Ltd., a unit of Japan’s NTT Group, secured antitrust approval to acquire a 40 percent stake in the Luzon-focused subsidiary of Cebu Landmasters Inc. (CLI), clearing the way for the Visayas-Mindanao developer’s primary expansion into Metro Manila and surrounding provinces. In a...
Local stock market may face selling pressure this week as investors lock in gains following a three-week rally, while shifting their focus to upcoming data on foreign investment and remittances for further direction. The Philippine Stock Exchange index (PSEi) has shown a bullish bias recently,...
Jollibee Foods Corp. surged the most in recent trading after announcing a plan to spin off its international business for a United States (US) listing, a move analysts say will finally decouple its high-growth domestic operations from underperforming global units. As of writing, the stock climbed...
More delistings at the Philippine Stock Exchange are expected this year as low share prices make it challenging to raise capital, thus making it unappealing for public companies to bear the burden of complying with stringent requirements to remain listed at the bourse. Abacus Securities Vice...
Despite an upbeat start in January, capital market observers agree that 2025 was a disappointing year for the Philippine Stock Exchange (PSE) as the local bourse underperformed significantly while its regional peers rallied. The PSE index closed the final trading day of 2025 at 6,052.92 points,...
Securities and Exchange Commission (SEC) Chairman Francis E. Lim expressed regret over his claim that the local stock market lost ₱1.7 trillion in market capitalization due to the corruption scandal, which turned out to be fictitious. “The information, which had been circulating within business...
Visayas-Mindanao (VisMin) property developer Cebu Landmasters Inc. (CLI) is planning to launch 12 projects worth ₱29 billion in the second half of the year to sustain its growth momentum, which led to a 13-percent improvement in net income to ₱2.49 billion in the first half of 2025 from ₱2.21...
The Philippine Stock Exchange (PSE) has finally announced its much-awaited index recomposition where DigiPlus Interactive Corp. will replace Bloomberry Resorts Corp. in the benchmark PSEi’s basket of 30 stocks starting Aug. 18, 2025. The announcement puts an end to speculation on whether DigiPlus...
Gokongwei-backed digital lender Gotyme Bank Corp. has teamed up with popular social media platform TikTok to launch TikTok Shop Loans powered by GoTyme Bank, a financing solution designed to provide micro, small, and medium enterprises (MSMEs) with fast access to flexible loans for business...
VisMin developer Cebu Landmasters Inc. (CLI) has concretized plans for its entry into Luzon with the planned launch of its first project in Pasig City, set to be launched late next year. During a media briefing after the firm’s annual stockholders’ meeting, CLI Executive Vice President and...
