Suppose you’re looking for an affordable unit or co-living space to invest in, specifically at the Mall of Asia complex. In that case, you are in good hands with SM Development Corporation’s (SMDC) latest program. With Good Stays Suites, setting up a rental business is made simpler, easier, and...
The PSEi rallied on expectations of a US trade deal coupled with upbeat first quarter earnings reports. The main index jumped by 102.80 points or 1.64 percent to close at 6,354.99 with the Property sector and Banks leading the charge although the Services and Mining counters dropped. Volume rose to...
The local stock market ended almost flat as investors continue to wait for fresh economic news amid uncertainty in the global front. The main index inched up 2.69 points or 0.04 percent to close at 6,252.19 with sectoral indices evenly mixed. Volume was still low at 622 million shares worth P4.88...
The local stock market declined as some investors took profits while waiting for fresh leads although this was partly offset by the start of window-dressing before April ends. The main index shed 19.25 points or 0.31 percent to close at 6,249.50, pulled down by the retreat of Banks while...
FDC President and CEO Rhoda A. Huang Gotianun-led Filinvest Development Corp. (FDC) announced that its board of directors has approved the declaration of cash dividends amounting to ₱1.21 billion. During the firm’s annual stockholders’ meeting, FDC said its board approved the declaration of...
The local stock market dipped after a short series of minor gains as investors remain cautious amid unpredictable policy shifts by the US on tariffs and attacks by Trump on the independence of the Federal Reserve. The main index shed 10 points or 0.16 percent to close at 6,158.48 as Miners rallied...
The Philippine Stock Exchange index (PSEi) edged higher, buoyed by gains in US markets, a strengthening peso, and positive corporate earnings. The benchmark index climbed by 22.89 points or 0.37 percent to finish at 6,168.48 on Wednesday, April 23, although sectoral indices showed a mixed...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is cutting capital expenditures (capex) for 2025 following a decline in earnings in 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is allotting ₱63 billion for capex this...
Real estate firm Italpinas Development Corp. (IDC) more than doubled its net income to ₱376.8 million last year, reflecting a 102.2-percent increase from the ₱186.3 million earned in 2023, due to cost reduction and increase in land values. In a disclosure to the Philippine Stock Exchange (PSE),...
The PSEi dropped on profit-taking as investors held on to cash ahead of the Lenten break. The main index fell by 57.50 points or 0.93 percent to close at 6,128.60 as the Services counter led the retreat while only Miners managed to advance. Volume remained thin at 951 million shares worth P4.21...
The PSEi continued to advance as investors are encouraged by hopes of a rate cut and the possibility of a deal for better tariff rates with the US. The main index added 40.58 points or 0.66 percent to close at 6,186.10 as Industrials led the charge with only Miners slightly down. Volume...
McDonald’s Philippines has been a staple brand in the country’s quick-service restaurant industry. From its first branch in Morayta, Manila, in 1981 to opening its first Green and Good store in 2020, McDonald’s Philippines etched an unforgettable mark in providing convenient and satisfying...
