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...
VisMin developer Cebu Landmasters Inc. (CLI), in partnership with NTT UD Asia Pte. Ltd. (NTTUDA, the Singaporean subsidiary of the Japanese firm) is investing ₱6 billion for the development of a ₱12-billion, two-tower residential condominium, which will be its entry into the upper-middle-income...
The research heads of local stock brokers Abacus Securities Corporation and COL Financial have slashed their year-end forecasts for the Philippine Stock Exchange’s benchmark index because foreign investors (hot money and direct investments) continue to stay away, while corporate earnings growth...
Cautious trading is expected to prevail at the Philippine stock market this week as investors await developments following the July 9 deadline for United States trade negotiations. “We may see cautious sentiment as global trade uncertainties may take center stage again. This is as the US’ trade...
Cebu Landmasters' One Manresa Place in Manresa Town, Cagayan de Oro City. VisMin developer Cebu Landmasters, Inc. (CLI) is launching ₱36.4 billion worth of projects this year, 1.7 times more than last year’s ₱13.67 billion, as it aims to surpass its record revenues generated in 2024....
VisMin developer Cebu Landmasters Inc. (CLI) is allotting ₱15 billion for capital expenditures (capex) this year to fund the construction of ongoing and upcoming projects, land banking, and its entry into the Luzon market. In an interview, CLI Chief Finance Officer Grant Cheng said,...
VisMin developer Cebu Landmasters Inc. (CLI) has raised ₱5 billion from the issuance of sustainability-linked bonds (SLB) that will be used to build 16,000 affordable homes. In an interview after the listing of the bond at the Philippine Dealing & Exchange Corp. (PDEx), CLI Executive Director...
VisMin developer Cebu Landmasters Inc. is aiming to grow its hotel portfolio by fivefold to almost 2,700 to 3,000 rooms in three years as part of plans to have enough recurring income assets for its planned real estate investment trust (REIT). In an interview, CLI Chairman and CEO Jose Soberano III...
