While investors in the local stock market are growing more bullish amid expectations of easing rate hikes, there may be periods of profit-taking while share prices may also be swayed by the release of some US and Philippine economic data. “The case for optimism continues to build up for the local...
Philippine Regional Investment Development Corporation (PRIDE), a subsidiary of AbaCore Capital Holdings Inc., has entered into an agreement with Highsource Prime Building Inc. to undertake various leisure projects at the Montemaria Shrine at an initial cost of P4.2 billion. In a disclosure to the...
What started out as a small company in the business of pest and termite management, Pest Science Corporation has steadily grown to be the trusted, first ISO-IMS certified pest control company in the Philippines. Sailing strong through both turbulent and calm waters of the industry, the company was...
The local stock market finished strong after a sluggish start to end the week at the 6,600 level as foreign buying continued. The main index rose 77.43 points or 1.17 percent to close at 6,606.94 with the Property sector leading the rally although the Industrial counter lagged behind. Volume grew...
Aboitiz InfraCapital, a unit of Aboitiz Equity Ventures, has tapped NOW Corporation to provide broadband internet services in its LIMA Estate in Batangas. In a disclosure to the Philippine Stock Exchange, NOW said it has established a multi-year collaboration agreement with Aboitiz's LIMA Land,...
The local stock market ended slightly higher on the strength of banking stocks amid optimism over policy rates. The main index added 20.19 points or 0.31 percent to close at 6,530.51 as Banks led the advance although the Industrial and Property counters retreated. Volume was relatively stable at...
The Annual Stockholders' Meeting of MerryMart Consumer Corp. is set to happen on December 15, 2022, 10:30AM. The remote meeting will be done via Zoom. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
The local stock market continued to rally on optimism that rate hikes will become less aggressive. The main index rose 80.67 points or 1.26 percent to close at 6,510.32 as the Property sector led the advance across the board. Volume was slightly higher at 802 million shares worth P5.88 billion as...
Security Bank taps Malaysian automation firm By JAMES A. LOYOLA Security Bank Corporation has tapped Malaysian-based banking automation company Consolsys to transition the bank’s current branch banking management system to a state-of-the-art digital, cloud-based omni-channel platform. In a...
Township developer Megaworld Corporation is planning to open Kingsford Hotel in 2028 in its 34-hectare The Upper East township in Bacolod City. In a disclosure to the Philippine Stock Exchange, the firm said the 12-storey Kingsford Hotel Bacolod, will be strategically located between the four...
DMCI Mining Corporation reported a 17 percent decrease in net income to P1.17 billion during the first nine months of 2022 from the P1.41 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said the decline in profit is due to lower nickel ore...
MerryMart Consumer Corp. will hold its Annual Stockholders’ Meeting on Thursday, December 15, 2022 at 10:30 AM through remote meeting via Zoom. A copy of the official announcement published in Manila Bulletin broadsheet is shown below: