MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, is moving JG Summit Holdings Inc. and subsidiary Universal Robina Corporation from its large cap to the small cap index. Based on the results of the MSCI’s February 2025 Index...
SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, has signed an agreement with TeaM (Philippines) Energy Corporation (TPEC) for the installation of over 33,000 square meters of solar panels on the rooftops of four SM malls. In a disclosure to the Philippine Stock...
The Sy family’s flagship SM Investments Corporation (SMIC) expects to stay on its long-term growth trajectory, banking on the Philippines’ resilient consumption-led economy, synergies across its business segments, and strong consumer fundamentals. “The Philippine economy remains...
Magna Prime Chemical and Technologies, Inc., a leading Philippine construction and chemical industry company, is marking its 24th founding anniversary with a commitment to innovation and excellence. The occasion was graced by Wacker Philippines Technical Service Manager Jane Ramos, Kaneka Malaysia...
SM Prime Holdings Inc., the property development arm of Sy-led SM Investments Corporation, has set the interest rates for its ₱25 billion peso-denominated fixed rate bonds to be offered from Feb. 12 to Feb. 18, 2025. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the...
The country’s investment houses are considering an agreement to carve out among themselves equally the huge $1 billion to $1.5 billion initial public offering (IPO) of Globe Fintech Innovations, Inc. (Mynt), which owns top e-wallet GCash. This is according to Investment House Association of the...
E-wallet giant GCash is optimistic that the country’s regulatory bodies will ease the public float requirement for its planned initial public offering (IPO), which is expected to be the Philippines’ biggest to date. The Philippine Stock Exchange (PSE) and the Securities and Exchange Commission...
TCITX aerial render The way we live, work, and move around Metro Manila is changing, and at the center of this shift is the need for better accessibility. Great communities thrive on seamless mobility, where well-planned infrastructure enhances convenience, drives economic growth, and...
Real estate giant Ayala Land Inc. reported that it has accelerated the launch of Building B of Anvaya Searidge Residences amid strong demand for exclusive resort-style residences. The firm said in a statement that demand was evident as its Anvaya Searidge’s Building A was fully sold out within...
Century Properties Group (CPG) of the Antonio family is developing a ₱2.7 billion residential project and P215 million waterpark as part of the second phase of its Azure North Estate in San Fernando, Pampanga. In a disclosure to the Philippine Stock Exchange, the firm said it is strengthening its...
Globe Telecom Inc. is upbeat in its projection of achieving a sustainable free cash flow this year despite challenges posed by the increasing prevalence of lower-margin data services and increased competition in the industry. In a statement on Friday, Feb. 7, Globe announced its intentions to keep...
Robinsons Retail Holdings, Inc. reported that its attributable net income more than doubled to P10.27 billion last year from P4.1 billion in 2023 due to the one-time gain from the merger of Robinsons Bank into the Bank of the Philippine Islands booked in the first quarter. In a disclosure to the...
