The Philippine Stock Exchange index (PSEi) ended almost flat on Monday, Feb. 24, as gains of banks and conglomerates managed to balance losses of other sectors. The main index shed 2.07 points or 0.03 percent to close at 6,095.97 with the industrial and services counters leading decliners. Volume...
PH1 World Developers Inc. (PH1WD), the property development arm of Megawide Construction Corporation, reported robust sales amounting to ₱1.6 billion for its residential community in the province of Cavite. In a statement, the firm said One Lancaster Park (OLP)—a multi-tower development located...
New inter-terminal shuttle buses were deployed at Ninoy Aquino International Airport (NAIA), as the country’s primary gateway moves to improve passenger mobility in anticipation of stronger air travel demand. The airport’s private operator New NAIA Infra Corp. (NNIC) announced on Monday, Feb....
Leisure developer and gaming firm Belle Corporation reported an almost flat consolidated net income in 2024 amounting to ₱2.43 billion from the ₱2.42 billion it earned in 2023. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated recurring net income grew seven...
FOR MONDAY Two corporate bigwigs, JG Summit Holdings Inc. Chairman James L. Go and gaming tycoon Willy N. Ocier, are giving ordinary investors their masterclasses in stock investing by showing how to properly buy low and sell high. Universal Robina Corporation (URC) disclosed to the Philippine...
The local stock market recovered some lost ground to close the week on a higher level than in the previous Friday. The main index added 31.41 points or 0.52 percent to close at 6,098.04 as the Property sector bounced back to lead the advance while Banks dipped. Volume declined to 1.65 billion...
Keppel Philippines Holdings Inc. (KPHI), a subsidiary of Keppel Corporation Ltd. of Singapore, is seeking to voluntary delist its shares from the Philippine Stock Exchange (PSE) after a ₱268.63 million tender offer is conducted to acquire minority-held shares. In light of the planned tender offer...
Renewable energy firm Alternergy Holdings Corporation announced its inclusion in the sustainability-based equity investment portfolio of ATRAM Trust Corporation. In a disclosure to the Philippine Stock Exchange on Thursday, Feb. 20, Alternergy reported that it had been added to the ATRAM Philippine...
The Philippine stock market weakened as investors grew concerned about potential delays in U.S. interest rate cuts and increased tariff threats by President Trump. The main index fell 53.25 points, or 0.87 percent, to close at 6,066.63 on Thursday, Feb. 20. The property sector led the...
Zobel-led property giant Ayala Land Inc. (ALI) is raising ₱75 billion to partly fund its capital expenditures amounting to ₱95 billion in 2025, while infusing ₱20.99 billion worth of mall, office, and hotel assets into real estate investment trust unit AREIT Inc. ALI President Anna Ma....
San Miguel Corp. (SMC) head honcho Ramon S. Ang projects continued growth and success for the conglomerate in 2025, building on its recent recognition by TIME magazine. SMC and its subsidiaries, Petron Corp. and Ginebra San Miguel Inc., were all recognized among the top 500 companies in the...
NLEX Corp., the private operator of North Luzon Expressway (NLEX), is investing approximately ₱1.4 billion in technology upgrades to ensure seamless transactions ahead of the reimplementation of cashless toll collection next month. In a statement, NLEX Corp. said it is upgrading its remaining 127...
