Robinsons Land Corporation, one of the country’s leading property developers, has renewed its partnership with real estate platform Lamudi as industry now has a more positive outlook amid the return of normalcy. According to RLC Residences Senior Vice President and Business Unit General Manager...
The local stock market recovered from the previous day’s losses as investors picked up bargains late in the session. The PSEi rose 52.34 points or 0.75 percent to close at 7,008.94 as Banks led the advance while the Industrial and Mining and Oil counters lagged behind. Volume weakened to 1.11...
The Jollibee Group continues with its aggressive expansion in North America with the launch of its first Red Ribbon Bakeshop with a drive-thru service in the US. In a statement, Jollibee Foods Corporation said the new store, which opened at 13421 Westheimer Road, Houston, Texas, also marks the...
Jollibee Foods Corporation has inaugurated its 150th Jollibee store in Vietnam - one of its biggest markets outside of the Philippines. In a statement, Jollibee said its new branch is located at Dong Da street Thuan Phuoc Ward, Hai Chau District, in Da Nang City. Da Nang is one of the largest...
The local stock market closed below the 7,000 level despite early gains as investors noted the rise in oil prices. The main index dropped 50.03 points or 0.73 percent to settle at 6,956.60 as the Mining and Oil counter led the retreat while the Services sector managed to advance. Volume was weaker...
SM Investments Corporation (SM Investments) and SM Development Corp. (SMDC) chalked up wins from the 57th Anvil Awards dubbed as the Gabi ng Parangal. Conferred by the Public Relations Society of the Philippines (PRSP), SM Investments gained the nod of the board of judges and won both Silver Awards...
Cebu-based investment holding firm Vivant Corporation reported a 25 percent hike in core net income to P1.73 billion last year from the P1.38 billion earned in 2020. In a statement, the firm said it ended the year 2021 with a total consolidated attributable net income of P1.78 billion, an increase...
The Villar Group is diversifying into the tollway business with the acquisition of 100 percent of MCX Project Company, Inc. (MCXPCI) from Ayala Corporation for P3.8 billion. In a disclosure to the Philippine Stock Exchange, Ayala said it has signed an investment agreement with Prime Asset Ventures,...
The national government substantially increased the amount of subsidy it extended to government owned and controlled corporations (GOCCs) last January, particularly to the National Irrigation Administration (NIA). Financial support extended to the state-owned companies accelerated in the first...
The joint venture between Rockwell Land and Juan D. Nepomuceno (JDN) Realty, Rockwell Nepo Development Corporation has started the construction of The Manansala at Rockwell Center Nepo, Angeles. Launched in September 2021, The Manansala is the first residential building in the mixed-use Rockwell...
The local stock market is seen to remain volatile this week due to the ongoing invasion of Ukraine by Russia and its impact on oil prices and inflation. “We may still see a turbulent week ahead for the local market amid the lingering uncertainties on the Russia - Ukraine conflict,” said...
Share prices gave up the previous day’s gains to end the week lower as investors were quick to take profit amid uncertainties in Europe. The main index fell by 114.82 points or 1.61 percent to close at 7,007.63 on Friday, March 18, as Banks led the retreat while only the Mining and Oil counter...
