James A. Loyola

He covers the Securities and Exchange Commission and the Philippine Stock Exchange.

Stocks drop due to peso weakness

The local stock market declined after sentiment was dampened by the fall of the peso to the P58 to a US dollar level.

SM Markets to open 10-15 provincial branches in 2024

SM Markets, the retail grocery arm of the SM Group’s SM Retail, is planning to open 10 to 15 new stores outside Metro Manila this year to provide for the essential needs of Filipino communities in underserved areas in the provinces.

Eton launching residential, hotel projects

Eton Properties Philippines Inc., the domestic real estate arm of taipan Lucio Tan, is planning to launch two residential communities envisioned to be oases in an urban setting and introduce a new hotel brand in the next two to three years. 

DMCI eyes large gold, copper, coal mines

Unfazed by weak nickel ore prices, diversified engineering conglomerate DMCI Holdings Inc. is considering new acquisitions in the mining sector including coal, copper and gold assets in the next two to three years.
 

STI almost doubles profits to P1.1 B

STI Holdings, owner of the largest network of private schools in the Philippines, almost doubled its net income to P1.1 billion for the first nine months of its fiscal year ending in June 2024, a 93 percent jump from the P579.3 million earned in the same period last year.