Maya, the leading digital bank app in the Philippines, has launched Maya Stocks, the first retail investing service in the Philippines integrated in a digital bank app. In a statement, Maya said the app offers real-time transactions and instant earnings growth through its diverse wealth-building...
Diversified conglomerate San Miguel Corporation (SMC) has raised P34 billion from the sale of firm offer preferred shares and over-subscription option shares during its follow-on offering (FOO). The Philippine Stock Exchange said SMC formally listed its Series 2-L, 2-N and 2-O preferred shares...
The Philippine Stock Exchange (PSE) announced that it will be hosting its first third quarter Investor Day with nine publicly-listed companies (PLCs) planning to share their respective performances for the period. In a statement, the bourse said the latest batch of listed firms will join the last...
The Philippine Stock Exchange (PSE) underscored its commitment to promote investor education by taking part in the global Ring the Bell for Financial Literacy initiative, a program of the World Federation of Exchanges (WFE). In a statement, the PSE said its officers rang the closing bell in a...
The Philippine Stock Exchange (PSE) will finally launch its long-awaited short-selling program on Oct. 23 as it has already been given all the necessary regulatory approvals. Speaking during the Forum on Legislative Reforms for the Philippine Capital Market, PSE President and CEO Ramon S. Monzon...
The Philippine Stock Exchange (PSE) has made its Guidelines for Short Selling Transactions effective immediately after regulators approved critical components of securities borrowing and lending (SBL). The bourse noted that, “short selling can only function if an SBL program is in place.”...
The Philippine Stock Exchange (PSE) is removing Metro Pacific Investments Corporation (MPIC) and Aboitiz Power Corporation (AboitizPower) from its benchmark index and replacing them with Bloombery Resorts Corporation and Century Pacific Food Inc. In a memorandum posted on the PSE website, PSE...
The Philippine Stock Exchange (PSE) reported that its wholly-owned subsidiary, Securities Clearing Corporation of the Philippines (SCCP), has successfully migrated to a shortened settlement cycle of T+2. “This migration is a significant advancement in the domestic capital market and will...
The Philippine Stock Exchange (PSE) is encouraging all publicly-listed firms to conduct quarterly briefings on their financial performances to cultivate healthy investor relations. This came after a group of 10 publicly-listed companies (PLCs) featured in the PSE STAR (Strengthening Access and...
The Securities Clearing Corporation of the Philippines (SCCP), a wholly-owned subsidiary of the Philippine Stock Exchange Inc. (PSE), announced that stock market transactions from Aug. 24, 2023 onwards will be settled after two clearing days instead of three. This comes after the clearinghouse...
The Philippine Stock Exchange (PSE) announced that corporate executives of 10 publicly listed companies (PLCs) will be at the forefront of PSE STAR: Investor Day on Aug. 16 and 17, 2023. In a statement, the bourse said these executives will present their financial performance for the first...
The Philippine Stock Exchange (PSE) announced the election of two new independent directors, Peter B. Favila and Andrew Jerome T. Gan, at the company’s annual stockholders’ meeting (ASM) held on August 5, 2023. Photo (from left, by row): President and CEO Ramon S. Monzon, Chairman and...
