All four lanes of the northbound portion of Marilao in the North Luzon Expressway (NLEX) are now open, with traffic expected to normalize in the next few days. In an advisory, NLEX Corp. announced that all northbound lanes have been accessible to motorists since 1:00 am on Wednesday, March...
Jollibee Foods Corp. (JFC) has priced its $300-million five-year Regulation S-only United States (US) dollar-denominated senior unsecured guaranteed notes offering with a fixed coupon of 5.332 percent, payable semi-annually. JFC, a leading food service company in the Philippines and one of the...
The Philippine Stock Exchange index (PSEi) declined for the third straight session as investors continue to fret over possible impact of Trump’s tariff plans. The main index shed 32.17 points or 0.52 percent to close at 6,159.85 as the Mining counter led losses while Property and Services managed...
Jollibee Foods Corporation, one of the largest Asian food service companies, is raising $396 million from a U.S. dollar-denominated senior unsecured guaranteed notes offering as well as loans from local banks. In an online media briefing, Jollibee Group Chief Financial and Risk Officer Richard Shin...
ALLHC President and CEO Robert S. Lao AyalaLand Logistics Holdings Corporation (ALLHC), the leading developer and operator of industrial parks and real estate logistics facilities, has beefed up its nationwide presence by acquiring two logistics parks in Pangasinan and Iloilo. In a...
After a slight delay, Megawide Construction Corporation is kicking off on March 26 its ₱6 billion Series 6 Preferred Shares Offering after receiving the Permit to Sell (PTS) from the Securities and Exchange Commission (SEC) on March 24, 2025. “With the PTS, the Company and the syndicate...
Del Rosario-led PHINMA Corporation has scaled down the planned ₱1.6 billion investment allocated to its property and construction materials units to ₱1.25 billion. In a disclosure to the Philippine Stock Exchange, the firm said its board of directors has approved the reversal of appropriation...
Did you know that there are five major festivals celebrated in Bacolod City? Of course, there is the grand MassKara Festival in October, which lures many people to the city with colorful parades and street performances. Completing the list are the Bacolaodiat Festival (Chinese New Year), Bacolod...
The PSEi fell at the close of a trading day shortened by almost two hours due to technical issues, as investor confidence continues to be buffeted by politico-economic issues overseas. The main index dropped 74.73 points, or 1.19 percent, to close at 6,192.02, with the retreat across the board led...
Metro Pacific Agro Ventures Inc. (MPAV), a subsidiary of Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC), is looking at the viability of venturing into large-scale production of strawberries and blueberries in the Cordilleras. In an interview, MPAV President Jovy I. Hernandez said,...
SM Investments Corp. marked its 20th listing anniversary at the Philippine Stock Exchange. In the photo are (from left) SM Investments' Board and Management led by Chairman Emeritus Jose T. Sio; President and CEO Frederic C. DyBuncio, Chairman and Independent Director Amando M. Tetangco, Jr. and...
Vivant Corp. announced that its net income in 2024 increased by 20 percent, driven by growth in power generation. In a disclosure to the Philippine Stock Exchange on Monday, March 24, Vivant said its consolidated core net income (CCNI) stood at ₱2.3 billion, while its net income attributable to...
