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Philippines
Thursday, September 26, 2024

Jenniffer B. Austria

Court finds Calata executives guilty of market manipulation

The Makati City Regional Trial Court found the top executives of delisted company Calata Corp. guilty of market manipulation over its botched P65-billion casino...

PHINMA, Floirendo Group sign deal for Davao cement plant

PHINMA Corp., the listed holding company of the Del Rosario family, announced Tuesday it signed a joint venture agreement with the Floirendo Group to...

Aircraft purchases likely to push JG Summit’s 2024 capex above P98b

JG Summit Holdings Inc., the listed holding company of the Gokongwei Group, said Monday it expects its 2024 capital expenditures (capex) to exceed the...

Kevin Tan takes over AGI leadership; Travellers names new top executives

Kevin Tan, the son of billionaire Andrew Tan, was appointed the new president of Alliance Global Group (AGI) during a special board meeting Monday. Kevin...

Stocks climb on continued bargain hunting

The local stock market gauge opened the week in the green amid continued bargain-hunting. The 30-company Philippine Stock Exchange index (PSEi) closed at 6,470.74 on...

Exports to corner 50% of D&L revenues as it ramps up new plant

D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, expects exports to account for 50 percent of total revenues in two...

Jollibee weighs impact of weak peso on operations

Fastfood chain operator Jollibee Foods Corp. said over the weekend it will continue to monitor the impact of the continued depreciation of the peso...

PH stocks seen trading sideways this week

Philippine stocks are expected to keep moving sideways this week, as investors await the release of April inflation data. Analysts said investors would monitor the...

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