Mitchell Services Ltd (ASX:MSV) Trade Higher After Announcing Major Contract Award

AUSTRALIA - Shares of Mitchell Services Ltd (ASX:MSV) are trading 24 percent higher in early hours of trading on the Australian Stock Exchange on...

SM Prime’s P10B Retail Bonds Priced at 4.2005%

SM Prime Holdings, Inc. (SM Prime; PSE:SMPH) has set the interest rate for its Peso-denominated Series F, 10-year retail bonds at 4.2005% per annum. SM...

Vista Land (PSE:VLL) Acquires Starmalls for Php30 Billion

PHILIPPINES - Vista Land & Lifescapes Inc (PSE:VLL) signed an agreement to acquire approximately 88.25 percent of the of the outstanding common capital stock...

San Miguel Corporation (PSE:SMC) Leads Top Losers Among Blue Chips

PHILIPPINES - Investors dumped San Miguel Corporation (PSE:SMC)'s stock in today's trading, making it the top loser among blue chip stocks traded at the...

Philippine Pancake House to Open in UAE

MANILA - Max’s Group, Inc. (MGI) continues to aggressively expand its presence in the global scene, with the opening of Pancake House in the...
8890

8890 Holdings Taps China Bank Capital for P5-B Receivables Securitization

8990 Holdings, Inc. (PSE:HOUSING), one of the Philippines’ largest mass housing developers, today mandated China Bank Capital Corporation to arrange and underwrite the securitization...
Japan Tobacco

Japan Tobacco’s Cigarette Sales Fall in April

Japan Tobacco Inc (TSE:2914), a leading Japanese cigarette manufacturing company, saw its cigarettes sales volume dropped 13.5% in April, year-on-year. In a disclosure to the...

Splash (PSE:SPH) to Delist from Philippine Stock Exchange

Splash Corporation (PSE:PSH), a personal care and food company in the Philippines, has filed a petition for voluntary delisting of all its shares traded...

Bloomberry Resorts Corp (PSE:BLOOM)’s Unit Buys QC Property for Php1.98 Billion; Stock Flat in...

PHILIPPINES - Sureste Properties Inc. (SPI), the hotel and resort development arm of Bloomberry Resorts Corporation (BLOOM), is purchasing a 15,676 square meter land...
Philippine Stock Exchange

Philippine Stock Exchange Approves Three More IPOs for 2015

The Philippine Stock Exchange, Inc. (PSE) has recently approved the initial public offering (IPO) applications of real estate developer Italpinas Development Corporation, and construction...

Philippine Hotel and Leisure Stocks Up in Today’s Trading

PHILIPPINES - Three of the four listed hotel and leisure firms on the Philippine Stock Exchange (PSE) gained in today's trading, with the remaining...
Heineken

Asia Brewery Inks JV Deal with Heineken in the Philippines

Asia Brewery Incorporated (Asia Brewery, Inc.), owned by LT Group, Inc. (LTG), has signed a joint venture agreement with Heineken International B.V. Heineken is the...

Cloud Expo Asia, Data Centre World Break Attendance Record in Singapore

SUNTEC CITY, SINGAPORE – Cloud Expo Asia and Data Centre World 2015 opened Wednesday at Suntec Singapore with a record number of attendees, keeping...

Australia: Cedar Woods (ASX:CWP) Acquires Glenside Land

Cedar Woods Properties Ltd (ASX:CWP) has acquired a 16.5 hectare site in Glenside, Adelaide for $25.8 million plus tax, the company said in a...
PNB

PNB Savings Bank’s Net Income in Q1 up 29%

PNB Savings Bank (PNBSB), the consumer arm of Philippine National Bank (PNB), posted higher earnings in the first quarter of 2016. Ranked no. 3 in...

Hong Leong MSIG Takaful CEO Quits

Wan Mohd Fadzlullah Wan Abdullah, CEO of Hong Leong MSIG Takaful (HLMT), a joint venture between Hong Leong Financial Group Malaysia and Japan’s Mitsui...

Australia: Watpac Awarded $47M Contract To Build Union Tower

Watpac Limited (ASX:WTP) announced that it has finalised a $47 million contract with property developer JSK Properties to deliver Melbourne’s newest inner-city residential tower...

Metro Pacific Investments (PSE:MPI) Buys Shares in Indra Philippines for Php326.53 Million

PHILIPPINES - Metro Pacific Investments Corporation (PSE:MPI) acquired from Manila Electric Co (PSE:MER) 84,012 common shares of stock of Indra Philippines Inc. for Php326.525...

Lucio Tan’s Absolut Distillers To Launch Bioethanol Plant in Batangas

PHILIPPINES - Lucio Tan Group (PSE:LTG)’s Absolut Distillers Inc. (ADI) will be launching the third installment to its multi-million-investment project on renewable energy with...
Phoenix Petroleum

Phoenix Petroleum Posts 47% Income Growth

Phoenix Petroleum Philippines, Inc. (PNX.PM) posted a 47% increase in net income in 2015, earning Php 905.9 million compared to Php 616.4 million in...