Billionaire Fernando Zobel de Ayala, Board Director of the country’s oldest conglomerate Ayala Corporation, has been conferred the Pro Ecclesia et Pontifice (For Church and Pope), the highest honor the Pope bestows upon a layperson. Ayala Corp. Director Fernando Zobel de Ayala receives Pope's...
EDITORS DESK Honoring athletes for decades has been a true devotion of the Philippine Sportswriters Association. For the past years, the country's oldest media organization was always at its shining best in recognizing sporting excellence through the spaces of print, online, and other digital...
The Philippine Stock Exchange (PSE) and Philippine Dealing System Holdings Corp. (PDSHC) cheered the appointment of former Robinsons Land Corporation President and CEO Frederick D. Go as the investment czar of the Marcos administration. In a statement, the PSE and PDSHC said their Board of...
Philcement Corporation, a 60 percent-owned subsidiary of the Del Rosarios’ PHINMA Corporation, has sealed an agreement with Petra Cement Inc. that will allow it to produce cement for the Northern Mindanao market. In a disclosure to the Philippine Stock Exchange, PHINMA said Philcement and Petra...
Two of the country’s top businessmen and sports patrons stand side by side in the coming San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Annual Awards Night. San Miguel CEO and President Ramon S. Ang along with First Pacific Company Chairman and CEO Manny V. Pangilinan...
The Philippine Stock Exchange (PSE) expects to raise P175 billion worth of capital in 2024 amid a more upbeat equities market with six companies seen to launch their initial public offerings (IPO) this year compared to just three in 2023. “Our capital raising forecast is P175 billion, around P40...
Investors in the local stock market have reason to be guardedly optimistic about 2024 following a lackluster trading in 2023. “The expected improvement in macroeconomic indicators are poised to drive market conditions in 2024,” said Philippine Stock Exchange (PSE) President and CEO Ramon S....
The Philippine Stock Exchange index (PSEi) dropped 1.8 percent to 6,450.04 at the end of 2023 from its closing figure on the last trading day of 2022. The bourse said its daily average value turnover was at P6.09 billion in 2023, down by 16.5 percent from 2022’s P7.30 billion average. (L-R): PSE...
Diversified conglomerate San Miguel Corporation (SMC) is advancing into the phased development of a solar farm that will strategically position the cavernous New Manila International Airport (NMIA) in Bulacan as a carbon-neutral infrastructure – with the kick-off installation targeted to provide...
EDITORS DESK There is an abundance of reasons why this year is a banner season for Philippine sports. While Hidilyn Diaz's conquest of the Tokyo Games in 2021 serves as a gem in all of the tales that encapsulated the country's long and painful struggle for Olympic greatness, 2023 was nothing short...
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 has invested over P3.05 billion since 2013 to build or help provide new homes for families impacted by natural disasters, and various development projects. In a statement, the firm said that, in the aftermath of typhoons Sendong and Yolanda, it has...
