Philippine Saving Bank (PSBank), the consumer and retail bank arm of the Metrobank Group, retained the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook, from the Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aaa (corp.) has a very strong capacity to...
Ayala Corporation is seeking the approval of the Securities and Exchange Commission for its planned issuance of up to P15 billion worth of fixed rate bonds as the second tranche of its P30 billion shelf registered debt securities program. In a disclosure to the Philippine Stock Exchange, Ayala said...
China Banking Corporation (China Bank) made it to the Financial Times' 2022 ranking of the top 500 high growth companies in the Asia Pacific region—the only bank among the 15 Philippine companies in the comprehensive list. The Asia-Pacific High-Growth Companies 2022, compiled by British newspaper...
Enjoy out-of-this-world prizes Ahead of the release of Marvel Studios’ latest and long-awaited cinematic installment about the Earth’s Mightiest Sorcerer, Marvel Studios’ Doctor Strange in the Multiverse of Madness, Filipinos can indulge their fandom by winning exciting merchandise from the...
The Jollibee Group’s Smashburger is opening its 24th store in the state of Colorado at Quebec Street in Lowry Town Center. In a statement, Jollibee Foods Corporation said the new location is the first Smashburger to open with a full bar offering a variety of ice-cold beers on draft and cans along...
The local stock market is seen to remain weak this short trading week as concern over rising inflation and monetary tightening by the US Federal Reserve weigh on investor sentiment. “This week, the local market could move with a downward bias as it continues to face headwinds from both offshore...
The local stock market bounced from the previous day’s steep drop as investors picked up bargains. The main index jumped 91.99 points or 1.33 percent to close at 7,018.02 as the Services sector led the rally across the board. However, volume dropped to 660 million shares worth P4.02 billion as...
Arthaland Corporation, the property development arm of the Po family, has maintained the Issue Credit Rating of PRS Aa, with a Stable Outlook for its P3-billion Fixed-rate ASEAN Green Bonds. In a disclosure to the Philippine Stock Exchange, the firm said this is the initial issuance in relation to...
The Securities and Exchange Commission (SEC) has revoked the corporate registrations of ScentkoWorld Corporation and Brendahl Cruz Holdings, Inc. for illegally soliciting investments from the public through a “buy and earn” program. The SEC Enforcement and Investor Protection Department (EIPD)...
The local stock market fell sharply with the PSEi breaching the 7,000 level due to fears of monetary policy tightening in the US. The main index plunged 183.23 points or 2.58 percent to close at 6,926.03 as share prices fell across the board led by the the Property sector. Volume rose to 920...
ABS-CBN Corporation, the country’s leading content provider, is venturing into the world of podcasting with 19 original shows on Spotify and Apple Podcast. With more and more Filipinos turning to podcasts for entertainment and information, ABS-CBN said it has produced a wide array of audio...
NOTICE IS HEREBY GIVEN that the annual meeting of stockholders of AYALA CORPORATION will be conducted virtually via http://www.ayalagroupshareholders.com/ on Friday, April 29, 2022 at 9:00 o’clock in the morning with the following agenda.