Jollibee Foods Corp. is moving to list its Highlands Coffee unit in Vietnam by the first quarter of 2027, seeking to capitalize on surging retail investor interest in one of Southeast Asia’s fastest-growing economies. In a disclosure to the Philippine Stock Exchange, Jollibee said that the board...
The Securities and Exchange Commission (SEC) has issued the final version of its tiered minimum public ownership (MPO) requirement for initial public offerings (IPOs), a move expected to entice major corporations such as GCash and Maya to list their shares locally rather than seek overseas bourses....
Antonio-led Century Properties Group Inc. (CPG) is planning to launch ₱40 billion worth of residential projects this year, which will be partly funded by the ₱5 billion it raised from its latest bond issuance. Through its subsidiary PHirst Park Homes Inc. (PPHI), which focuses on the affordable...
The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are moving to revitalize the domestic capital market by introducing rules for Global Philippine Depository Receipts, which would allow local investors to trade foreign stocks in the local currency. SEC Chairman...
Jollibee Foods Corp.’s ambitious plan to spin off its international business and list it on a United States (US) stock exchange is facing pushback from Philippine market regulators and analysts, who warn that local investors may find themselves holding shares they cannot easily trade. The...
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...
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,...
The Philippine Stock Exchange index (PSEi) plunged on Friday, Nov. 14, as initially positive sentiment reversed after corruption allegations were hurled against President Ferdinand R. Marcos Jr. by former legislator Zaldy Co. The main index plummeted by 142.64 points, or 2.49 percent, to close at...
Ports, gaming, and infrastructure magnate Enrique K. Razon Jr. has found a buyer for his casino in South Korea, Jeju Sun Hotel & Casino, which is owned through an indirect subsidiary of Bloomberry Resorts Corp. In a disclosure to the Philippine Stock Exchange (PSE), Bloomberry said its South...
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...
Global Infrastructure Partners (GIP), a part of BlackRock, and one of the world’s leading infrastructure investors, is in the process of finalizing a strategic partnership with Aboitiz Equity Ventures Inc. (AEV), starting with the acquisition of a 40 percent stake in Aboitiz InfraCapital....
Tycoon Lucio Co’s The Keepers Holdings Inc. (Keepers), the largest imported liquor distributor in the Philippines, is venturing into the production and export of premium local spirits through the acquisition of a 50-percent stake in the maker of Sula liqueur for ₱40 million. In a disclosure to...
