Trump’s decision to delay and reduce tariffs spurred the market to rally further, although profit-taking trimmed some gains. The Philippine Stock Exchange index (PSEi) jumped 71.48 points or 1.19 points to close at 6,077.82 on Thursday, April 10, with Miners leading the charge. Volume...
Robinsons Land Corp. (RLC) is gearing up for another infusion of assets into RL Commercial REIT Inc. (RCR) by selling ₱6.21 billion worth of the real estate investment trust’s shares to boost its public float. In a disclosure to the Philippine Stock Exchange, RLC said it has completed the...
BACOLOD CITY - Negros Occidental second district Rep. Alfredo Marañon III said they will file an appeal before the Supreme Court over the decision allowing commercial fishing vessels within the 15-kilometer municipal waters. MARAÑON “That is a great disservice to the two million marginal...
Amid declining casino revenues, Razon-led Bloomberry Resort Corp., owner and operator of the two Solaire and the Jeju Sun integrated resorts, is rolling its dice in the online gaming table. Sharing its online gaming plan with stock analysts, Bloomberry said it will fully launch its online gaming...
The Yuchengco Group’s Rizal Commercial Banking Corporation (RCBC) reported a 22 percent drop in net income to ₱9.5 billion last year from the record-high ₱12.2 billion earned in 2023, which had included non-recurring gains. In a disclosure to the Philippine Stock Exchange, the bank said its...
ILOILO CITY – The provincial government of Iloilo has joined the mounting opposition against the Supreme Court ruling that opened the 15-kilometer boundary of municipal waters to large-scale commercial fishing. FISHING boats off the coast of Concepcion, a town in northern Iloilo province....
Zobel-led property giant Ayala Land Inc. (ALI) is raising ₱75 billion to partly fund its capital expenditures amounting to ₱95 billion in 2025, while infusing ₱20.99 billion worth of mall, office, and hotel assets into real estate investment trust unit AREIT Inc. ALI President Anna Ma....
The Ayala Group continues to dispose of non-core businesses with the sale of its telehealth provider KonsultaMD to Metro Pacific Health Tech Corporation (mWell) so it can better focus on more promising endeavors. The move comes after the sale of a portion of its stake in GCash to Mitsubishi and the...
RL Commercial REIT Inc. (RCR), the real estate investment trust of the Gokongwei Group, is looking forward to the infusion of 1.45 million square meters of gross leasable area (GLA) and 4,000 hotel rooms by its sponsor Robinsons Land Corporation. In a disclosure to the Philippine Stock Exchange,...
Rizal Commercial Banking Corporation (RCBC) has raised $350 million from the U.S. dollar debt markets through its $4 billion Medium Term Note Program. In a disclosure to the Philippine Stock Exchange, the bank announced the successful pricing of its five-year Senior Unsecured Fixed Rate...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has issued the initial price guidance at five-year US Treasury plus 145 basis points for its planned offering of benchmark-sized US-dollar senior unsecured sustainability notes. In a disclosure to the Philippine Stock Exchange (PSE), the...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) plans to raise fresh funds through a benchmark-sized offering of US-dollar senior unsecured sustainability notes via a drawdown under its $4 billion Medium Term Note Program. In a disclosure to the Philippine Stock Exchange, the bank said it...
