The local stock market was pulled up by bargain hunters as rising US equities boosted investor sentiment. The main index added 30.52 points or 0.48 percent to close at 6,378.86 as Banks led the advance while Property and Services lagged behind. Volume dipped to 904 million shares worth P4.09...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) National Grid Corporation of the Philippines (NGCP) Vice Chairman Henry Sy Jr., through another high-ranking official of the transmission company, has insisted that the Chinese...
National Grid Corporation of the Philippines (NGCP) Vice President and Spokesperson Cynthia Alabanza (Ellison Quismorio/ MANILA BULLETIN) National Grid Corporation of the Philippines (NGCP) Vice President and Spokesperson Cynthia...
Global Ferronickel Holdings Inc.’s (FNI) operating arm in Palawan, Ipilan Nickel Corporation (INC), expects to increase exports after reporting an early start to nickel ore shipments to China this year. In a disclosure to the Philippine Stock Exchange, FNI said the MV Maple Unity left the INC...
Watsons Philippines, a leading health and beauty retail brand under the SM Group, reported that ended 2024 with 1,166 stores after it opened 80 new stores last year as part of its strategic expansion. In a statement, the company said more than 50 of the new stores opened last year were...
Zobel-led Ayala Corporation is implementing plans to ensure a seamless transition in its financial team by bringing Juan Carlos L. Syquia from Bank of the Philippine Islands to groom him as the conglomerate’s next Chief Finance Officer. In a disclosure to the Philippine Stock Exchange, Ayala said...
State-run Philippine National Oil Company (PNOC) has firmly stipulated in a motion for reconsideration filed with the Supreme Court that the exclusion of land assets from the Petron Corporation shares sale is not just a legal and Constitutional nuance but a safeguard of sovereign assets, shielding...
Arthaland Corporation, the upscale and green property developer controlled by the Po family, is investing P710 million to acquire property through a subsidiary. In a disclosure to the Philippine Stock Exchange, the firm said it will subscribe to 7.1 million preferred shares of subsidiary Zileya...
The Philippine Stock Exchange index (PSEi) managed to eke out a small gain mainly due to the Services sector as investors remain cautious while US President Donald Trump unveils more economic policies. The main index added 8.13 points or 0.13 percent to close at 6,348.34 with only the Services...
Cebu-based fuel retailer Top Line Business Development Corporation is again eyeing an initial public offering (IPO) but has significantly reduced the offer size to P900 million from P3.16 billion. In a statement, the firm said it optimized its total issued and outstanding common shares for its IPO...
Rizal Commercial Banking Corporation (RCBC) has raised $350 million from the U.S. dollar debt markets through its $4 billion Medium Term Note Program. In a disclosure to the Philippine Stock Exchange, the bank announced the successful pricing of its five-year Senior Unsecured Fixed Rate...
Emerging nickel producer DMCI Mining Corporation, a member of the Consunji Group, is ramping up output and earnings as it triples the number of its operating mines to three this year, up from just one for most of 2024. In a disclosure to the Philippine Stock Exchange, the firm said it plans to...
