The Philippine Dealing System Holdings Corp. (PDS) plans to launch the country’s first-ever digital corporate bond next month as part of its initiatives to utilize digital technologies to deepen the domestic capital market. In a report to the Capital Market Development Council (CMDC), Antonino...
Independent research group OCTA said that new coronavirus disease (COVID-19) cases in the country may swell to 4,000 on Saturday, Jan. 1. People watch fireworks display that light up the night sky over Quezon Memorial Circle on New Year's celebration, Jan. 1, 2022. Unlike last year where the city's...
Ayala Corporation is investing a total of $237.5 million for the acquisition of minority stakes in two firms with extensive business interests in Myanmar: Singapore-listed Yoma Strategic Holdings Inc. (YSH) and First Myanmar Investment Public Co. Ltd. (FMI). In a disclosure to the Philippine Stock...
Octa Research logo The OCTA Research Group said that Metro Manila is now at "moderate risk" for coronavirus disease (COVID-19) following the rise in cases daily. “There is an increase in the risk level classification of the National Capital Region (NCR) from ‘very low risk’ (from Dec. 16 to...
Century Properties Group, Inc. is planning to raise up to P3 billion from a planned public offering of fixed rate retail bonds for refinancing and funding of its capital expenditures. The Securities and Exchange Commission said it has received the registration statement of CPGI for the public...
The Ayala Group and the Araneta Group have launched separate efforts to help those severely affected by the havoc caused by the passage of Typhoon Odette. According to the National Disaster Risk Reduction and Management Council, Typhoon Odette has caused approximately P22 billion in agriculture and...
Angel’s Pizza franchisee Sherimae Sy-Tang shares how franchising jump-started her food venture. When you’ve gotten so tired of the usual eight-to-five job for so long, what can you do about it? Of course, one could start a passion project, take a long break, or explore different...
Stock brokerage CTS Global Equity Group, Inc. is planning to raise up to P1.38 billion from a planned initial public offering to fund its expansion overseas. Documents filed with the Securities and Exchange Commission show that the firm plans to offer 1.375 billion common shares equivalent to 20...
Over 120,000 meals expected to be distributed by end December The Jollibee Group has distributed food to over 41,600 people in some of the areas hardest hit by Super Typhoon Odette and expects to provide food to over 120,000 affected individuals by end December. The Jollibee Group—through its...
The government and the private sector continued to take advantage of digital technologies to make it easier and more convenient for small investors and businesses to participate in the capital markets. During a recent Capital Market Development Council (CMDC) meeting, the Bureau of the Treasury,...
Figaro Coffee Group, Inc. has set the price of its planned initial public offering at P0.75 per share, much lower than its maximum indicative price of P1.28 per share for an offering size of P767.4 million. In a disclosure to the Philippine Stock Exchange, Figaro said it is also reducing the IPO...
From left: Metro Pacific Tollways Corporation President, Rodrigo Franco; father of Phoenix NLEX dealer, Roque Lumanlan; Phoenix brand ambassadress, Rhian Ramos; Toll Regulatory Board Management Executive Director, Atty. Alvin Carullo; Phoenix President, Henry Albert Fadullon; Phoenix Senior...
