San Miguel Corporation (SMC) has reached its goal of vaccinating over 80 percent of its workforce nationwide, with more than 56,000 employees and extended workers receiving either their first or second doses of COVID-19 vaccine. This comes after the company’s “Ligtas Lahat” vaccination task...
The local stock market moved up further on the back of gains in US markets. The PSEi surged 143.33 points or 2.15 percent to close at 6,822.15 due to the strong performance of the Services sector with only the Mining and Oil counter retreating. 28480 Volume improved to 1.8 billion shares worth...
RL Commercial REIT, Inc. (RCR) has kicked off its P23.5 billion initial public offering which has generated strong institutional interest following its book-building process. 28461 In an interview, RCR Chairman and President of sponsor Robinsons Land Corporation Frederick D. Go said in a media...
Manila Water Company, Inc.'s Clark Water Corporation (Clark Water) has undertaken the relocation of its water supply and wastewater assets that will be affected by the construction of the Malolos-Clark Railway, which is part of the government's North-South Commuter Railway (NSCR) Project. In a...
Leading Filipino media and entertainment network ABS-CBN Corporation reported that The Filipino Channel (TFC) continued its dominance in viewership in multicultural Asian households in the U.S. in June and July 2021. In a statement, the multi-media firm said TFC’s rating was shared by Comscore, a...
The stock market rose as investors picked up bargains following encouraging news from the US. The main index jumped 87.15 points or 1.32 percent to close at 6,678.82 as the Holding Firms and Industrial counters led gain across all sectors. 28220 Volume was lower though at 2.68 billion shares worth...
Triple-A construction firm Scheirman Construction Consolidated, Inc. (SCCI) has been awarded two ISO certifications for its strict adherence to quality management standards and safety systems. The firm said that, the twin certifications, attained during the middle of the COVID-19 pandemic, will...
The local stock market started the week lower as investors fret over the rising COVID cases in the country. The main index lost 41.55 points or 0.63 percent to close at 6,592.67 with only the Industrial and Services counters advancing. 28023 Volume was steady at 1.94 billion shares worth P6.29...
The Gokongwei Group’s RL Commercial REIT Inc. (RCR) has set its final initial public offering price at P6.45 per share, making it the country’s largest real estate investment trust with a market capitalization of P64.2 billion. The firm is raising up to a total of P23.51 billion from its maiden...
Listed firm Manila Mining Corporation (MMC), an affiliate of Lepanto Consolidated Mining Company, will resume exploration drilling at its mining tenements in Placer, Surigao del Norte, a move that will be funded by planned stock rights offering that targets to raise P519 million. This, according to...
The price of gasoline products in the country had been reduced by P0.80 per liter, lower than what was anticipated at over P1.00 per liter because of the last batch of cost recovery on higher ethanol prices, according to the industry players. The oil companies similarly trimmed the pump prices of...
The local stock market finally gave way to profit-taking to end the last day of an upbeat week in the red. The main index dropped 85.29 points or 1.27 percent to close at 6,633.22 as the Holding Firms and Property counters led all sub indices in the retreat. 27538 Volume was steady at 2.04 billion...
