The local stock market was mixed but managed to close higher on late buying of blue chips. The main index rose 64.4 points or 0.89 percent to close at 7,297.66 with the advance led by the Holding Firms counter while the Industrial and Mining and Oil sectors retreated. PSE_NEW Volume was high at...
MREIT, Inc., the REIT company of township developer Megaworld, reported that its Board of Directors has approved the acquisition of four prime, grade A buildings located in PEZA-registered zones for a total of P9.1billion. In a disclosure to the Philippine Stock Exchange, the firm said the...
PHirst Park Homes, Inc. (PPHI) has launched a P2.79 billion project in Baliwag, Bulacan after the success of its first development in the province—Phirst Park Homes Pandi. In a statement, the firm said PHirst Park Homes Baliwag is the 10th out of the 15 master-planned communities that PPHI is...
The Philippine Stock Exchange, Inc. (Exchange) has approved the application of Figaro Coffee Group, Inc. (FCG) for the listing of the company's shares, including shares for its P1.78 billion initial public offering. In a statement, Figaro said it will be listing 5.01 billion common shares,...
The Philippine Stock Exchange index bounced back after the previous day’s panic selling as investors gain confidence from stronger US markets. The main index jumped 100.68 points or 1.41 percent to close at 7,233.26 as the Services sector led the rally across the board. Gainers beat losers 109 to...
Make your holiday (or everyday) meals merrier with these tried and tested food combinations Paired's featured five-course menu Christmas is among the most celebrated holidays around the world for so many reasons. One is, of course, food. The occasion allows us to eat to our heart’s content....
Del Monte Pacific Limited reported a 64 percent jump in net profit to $35.8 million in the second quarter ending in October of its fiscal year 2022, from $21.9 million in the same quarter last year. In a disclosure to the Philippine Stock Exchange, the firm said it continued to improve its gross...
Aboitiz Equity Ventures Inc. (AEV) and JERA Co. Inc. have finalized the Japanese firm’s acquisition of a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower), following the turnover of the $1.46 billion payment. This also comes after the fulfillment of several conditions, including a...
AllDay Supermarket, the fastest growing supermarket operator in the Philippines, continues to ramp up its expansion in Metro Manila with the opening of a new location in the Villar group’s Eastlake development in Sucat, Muntinlupa. In a disclosure to the Philippine Stock Exchange, AllDay said...
Known for high quality food production, which has kept it around for 28 years, Figaro Coffee Group is able to support large institutional client’s requirements PAINSTAKING PROCESS Shot of coffee beans being cooled in Probat Observing growing businesses from the outside, one might surmise that it...
A total of 51 agriculture groups – composed of farmers, fishers, and producers – have joined forces to sign a petition against the mega trade deal, Regional Comprehensive Economic Partnership (RCEP). The groups think the deal will result in further “import surges, price depressions, and...
The Gokongwei family’s investment in Shakey’s Pizza Asia Ventures Inc. is resulting in synergies between the Gokongwei’s retail business and the restaurant chain. In a disclosure to the Philippine Stock Exchange, Shakey’s announced plans to reopen Project Pie at Shopwise Hypermarket...
