The Anti-Red Tape Authority (ARTA) joined the Clark Development Corporation (CDC) in launching a Business One-Stop Shop (BOSS) facility in the Clark Freeport Zone (CFZ), Pampanga, to help different stakeholders by simplifying cumbersome processes. ARTA director-general Secretary Ernesto Perez and...
The Sy siblings' SM Prime Holdings Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, posted a 37 percent jump in net income to P30.1 billion in the first nine months of 2023 from the P22.0 billion earned in the same period last year. In a disclosure to the...
FDC Water Utilities Inc., the subsidiary of Filinvest Development Corp. (FDC), partnered with Hitachi Ltd. to construct an advanced water recycling facility and upgraded sewage treatment plant (STP). In a statement on Tuesday, Oct. 17, the Filinvest Group said the company is committed to providing...
Korean superstar Lee Min-ho returned to the Philippines after seven years and this time, as the new endorser and “Good Guy” of SM Development Corporation (SMDC), the country’s largest real estate developer. Lee Min-ho is the ambassador of SMDC’s premier high-end properties: Gold...
Local share prices plunged after the government reported that consumer prices surged in September. The main index fell 119.60 points or 1.90 percent to close at 6,178.60 as the Property sector led all sub indices in their retreat. A total of 676 million shares worth P5.43 billion changed...
The PSEi managed to eke out a marginal gain after bargain hunters lifted it out of negative territory. The main index inched up by 1.46 points or 0.02 percent to close at 6,305.99 with sectoral indices evenly divided. Volume improved to 856 million shares worth P5.94 billion as losers...
It has been 25 years since Festival Mall, Alabang, opened in 1998. Since then, Filinvest Malls have expanded into opening more malls such as Fora Mall in Tagaytay City, Il Corso in Cebu, and Main Square in Bacoor City, Cavite. Muntinlupa Artemio Simundac, First SVP Francis Gotianun, Former...
The local stock market dipped as investors take profits ahead of the release of economic data here and in the US. The main index declined by 16.71 points or 0.26 percent to close at 6,304.53 as the Property counter led the retreat while the Industrial and Services sectors advanced. Volume...
The local stock market ended its six-day rally and finally gave way to profit-taking on the last trading day of the week, month, and end of the third quarter. The main index fell by 64.28 points or 1.01 percent to close at 6,321.24 as the Services sector led the retreat although Miners managed to...
The PSEi rose again as the removal of Metro Pacific Investments Corp. (MPIC) and Aboitiz Power Corp. (AboitizPower) from the benchmark boosted trading in other stocks although profit taking tapered gains. The main index added 10.84 points or 0.17 percent to close at 6,385.52 although sectoral...
The Philippine stock market surged for the fifth day in a row as investors continue to find share prices low. The main index jumped 110.74 points or 1.77 percent as Banks led the charge across the board. Volume was lower but still higher than average at 764 million shares worth P6.73 billion...
The local stock market jumped on follow through buying aided by lower oil prices. The main index surged by 91.10 points or 1.48 percent to close at 6,263.94 as the Property and Banking sectors led the rally across the board. Volume was heavy at 6.41 billion shares worth P35.16 billion...
