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Philippines
Sunday, September 22, 2024

Jenniffer B. Austria

PSE approves Vista Land’s P5-b preferred shares sale

The Philippine Stock Exchange approved the P5-billion preferred shares offering of Vista Land & Lifescapes Inc., the property unit of the Villar Group. The PSE...

PH stocks, peso rise on slower August inflation

Philippine stocks and the peso advanced Thursday as inflation rate eased to a seven-month low of 3.3 percent in August 2024. The benchmark Philippine Stock...

Century Pacific acquires 100% of Coco Harvest

Century Pacific Food, Inc. (CNPF), one of the leading food and beverage companies in the Philippines owned by the Po family, is expanding its...

Consunji-led Dacon to buy out Cemex minority owners

Dacon Corp., a company led by the Consunji family, plans to spend around P1.3 billion to acquire the remaining minority shares in Cemex Holdings...

Meralco unit acquires P7.5-b SPNEC shares

Meralco PowerGen Corp. (MGen), a subsidiary of Manila Electric Co., acquired P7.5 billion worth of shares in renewable firm SP New Energy Corp. (SPNEC). MGen...

PH stocks close flat as investors await release of inflation data

Philippine stocks ended nearly flat Wednesday after falling below the 6,800 level during early trading as investors await the release of August inflation. The bellwether...

Ayala unit starts building Cebu cold storage facility

AyalaLand Logistics Holdings Corp. (ALLHC), the industrial parks and logistics arm of Ayala Land Inc., started the construction of a new cold storage facility...

BillEase gets funding from The Rise Fund

BillEase, the leading digital consumer finance platform in the Philippines, said Tuesday it secured fresh funding from TPG’s The Rise Fund to expand its...

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