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Friday, September 20, 2024

Jenniffer B. Austria

SMC Tollways issuing P35-b bonds to fund expansion plan

SMC Tollways Corp., a unit of conglomerate San Miguel Corp.-led SMC Infrastructure, plans to raise up to P35 billion from the issuance of peso-denominated...

PH stocks soar above 7,200 mark; peso at 55.6 a dollar

The Philippine stock market surged to its highest level in more than two years Thursday after the US Federal Reserve reduced its interest rates...

Potato Corner opens 2,000th store at SM Cebu, launches new format

Potato Corner (PC), a leading kiosk-based food brand in the Philippines owned by the Po family, celebrated a major milestone with the opening of...

Ayala Land plans to issue new P10-b sustainability bonds

Property developer Ayala Land Inc. (ALI) plans to issue another P10 billion worth of sustainability-linked bonds, according to a top executive. ALI vice president and...

PH stocks retreat on slowing US economy concerns

Philippine stocks retreated Wednesday on profit-taking from two straight days of gains. The 30-company Philippine composite index closed at 7,155.90, down 19.46 points, or 0.27...

Leviste investing P15b in provincial projects

Businessman Leandro Leviste, through his wholly-owned Provincia Investments Corp., is investing over P 15 billion in various projects in Batangas and other provinces. Leviste said...

Stock market nears 7,200 level; peso at 55.6 a dollar

The main composite index of the Philippine Stock Exchange sustained its upward momentum Tuesday ahead of the much-awaited policy meeting of the US Federal...

SEC aims to prevent firms from being used illegally

The Securities and Exchange Commission (SEC) is stepping up efforts to prevent companies from being used for illegal activities. SEC representatives recently participated in a...

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