The Philippine Stock Exchange (PSE) is executing its biggest overhaul of index rules in more than a decade, cutting the public float requirement for giant companies and tightening liquidity tests to make its benchmarks more reflective of market activity. The exchange said it is revising its PSE...
International Container Terminal Services Inc. (ICTSI) has become the first company listed on the Philippine Stock Exchange (PSE) to surpass a market capitalization (MCAP) of ₱2 trillion, underscoring sustained investor confidence in the port operator’s global expansion. In a statement on...
The Philippine Stock Exchange (PSE) is pushing back against the securities regulator’s decision to open the door to cryptocurrency trading, warning that the move risks siphoning individual investors away from traditional equities and undermining capital market development. The critique follows...
Senator Rodante Marcoleta will be committed to the New Quezon City Jail in Payatas, where former senator Ramon “Bong” Revilla Jr. and Senator Jinggoy Estrada are currently detained, after the Sandiganbayan Third Division ordered his arrest over a plunder case lodged against him. According to...
The Philippine Stock Exchange (PSE) expects total capital raised on the bourse to surpass ₱200 billion this year, driven by the wave of large-scale corporate offerings led by fintech giant Mynt, the parent company of mobile wallet GCash. Ramon S. Monzon, PSE president and chief executive officer,...
Underwriters managing the planned ₱92.3 billion initial public offering (IPO) of Mynt Inc., the operator of the mobile wallet GCash, are in discussions with regulators to reduce or eliminate a mandatory 20 percent share allocation for local trading participants. The push to modify the rule comes...
Concerned faculty members, alumni, and students of the University of the East Ramon Magsaysay Memorial Medical Center (UERM) have called on the University’s Board of Trustees and alumni community to conduct an independent review of the institution’s leadership and governance, warning that a...
The Philippine Stock Exchange (PSE) has elected three new directors, including Dutch information technology expert Niek Johan van Veen, whom the bourse sought out to guide its transition to artificial intelligence (AI). In a briefing after the PSE’s annual stockholders’ meeting, newly reelected...
Razon-led International Container Terminal Services Inc. (ICTSI) is on track to become the first ₱2 trillion company listed on the Philippine Stock Exchange (PSE), rendering any speculative move to delist and seek an overseas debut unnecessary, according to the bourse’s top official. PSE...
EDITOR 'S DESK I could remember vividly in the unholy hours of Dec. 19, 2022, some seven kilometers from the quaint town of General Tinio and on the far end of Nueva Ecija, around 3 a.m. with the skies waiting to break dawn and the breeze ever so pinching for a late-year gust from the ranges...
The Department of Human Settlements and Urban Development (DHSUD) is eyeing the digitalization of its services, saying the move will not only facilitate the services but also assure corruption-free transactions. DHSUD Secretary Jose Ramon Aliling said the pilot testing will start before the end...
PonteFino Estates has launched Accent Tower, the first mixed-use condominium to rise within The Forum, a PEZA-registered IT Business Park in Batangas City. The project is the new 10-storey mixed-use centerpiece of The Forum at PonteFino Estates — and the most strategically positioned address in...
