Jenniffer B. Austria
PH stocks near 7,000 level;peso tumbles
Philippine stocks traded higher Monday, pushing the benchmark index near the 7,000 level on strong buying from domestic from local and overseas investors.
The 30-company...
AirAsia PH sets aside IPO plan, focuses on route expansion
Philippine AirAsia, the local unit of Southeast Asia’s biggest budget airline, said it has no immediate plans to conduct an initial public offering.
Philippine AirAsia...
DMCI to get 10% stake in Tampakan gold mine
The Consunji family plans to inject its 10-percent stake in Tampakan, the country’s largest gold and copper mine in South Cotabato, into its listed...
Volatile trading likely this week as investors await US Fed action
Volatile trading is expected to prevail this week as investors await the US Federal Reserve’s move on interest rates. US stocks fell Friday on...
Metro Pacific unit plans to acquire new technology for waste water business
Metro Pacific Water Solutions (MPWS), the newly-rebranded water and wastewater technology company, plans to acquire new technology to improve its wastewater treatment business.
MPWS president...
Work from malls, a rising trend
As the hybrid work model gains traction, a new shift may be on the horizon: working from malls. A survey conducted by Colliers Philippines...
Peso breaches 55-a-dollar level; stocks sustain gains
The Philippine peso climbed Friday to breach the 55-a-dollar level, while local stocks ended the first week of September in the green despite worries...
Vista Land sets dividend payout for P5-b preferred shares offering
Vista Land & Lifescapes Inc. of billionaire Manuel Villar revealed an attractive dividend payout to investors that will subscribe to its P5-billion preferred shares...
