Top 5 Philippine Stock Exchange Gainers This Week
Philippine stocks were mixed on Friday’s close although the Philippine Stock Exchange index (PSEi) was down 0.24% to end the week at 7,235.21 points. Industrial stocks gained the most, moving…
Philippine Stocks To Watch: STI Education, Vista Land, Phinma Corporation
The following listed companies in the Philippines made announcements before the Philippine Stock Exchange (PSE) opened Tuesday that could affect the trading of their shares: STI Education Systems Holdings (PSE:STI)…
Fast Facts on Megaworld’s (PSE:MEG) P30-B Bond Shelf Registration
PHILIPPINES – Listed property giant Megaworld Corporation (PSE:MEG) is set to file with the Securities and Exchange Commission a registration statement for the shelf registration of up to P30-billion worth…
Max’s Group Inc (PSE:MAXS) Names Ariel Fermin as New COO
PHILIPPINES – Max’s Group, Inc. (MGI; PSE:MAXS) ushers in the New Year with the appointment of Ariel Fermin as Chief Operating Officer of Max’s Restaurant, Max’s Corner Bakery and Krispy…
Here’s Why Phoenix Semiconductor (PSE:PSPC)’s Stock Is Trending
Phoenix Semiconductor Philippines Corp (PSE:PSPC) is leading gainers in the opening trade at the Philippine Stock Exchange (PSE) today, with stock posting a 7.75% rise to 1.53 a share. PSPC’s…
Philippine Stock Exchange Top 10 Weekly Gainers
PHILIPPINES – The Philippine Stock Exchange index (PSEi) closed lower Friday, losing 154.66 points to end the week at 7,553.76. Thirty stocks, however, closed the week higher, with four of…
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 Prime will issue an aggregate…
Top 10 Philippine Stocks This Week
Philippine stocks, except for mining and oil, posted gains this week, with the Philippine Stock Exchange Index (PSEi) closing 1.38% higher at 7,514.22 points and All Shares gaining 1.27% to…
BDO Net Income Hits Record USD535M in 2015
BDO Unibank Inc, a full-service universal bank which provides a wide range of corporate and retail banking services in the Philippines posted a record high of P25 billion (US$535 million)…
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 of up to Php5.0 billion of…
BDO Funds Interflour’s Expansion in the Philippines
Mabuhay Inteflour Mill Inc (MIMI) has entered into a P998-million, seven-year loan deal with BDO Unibank Inc (BDO) to partly finance the construction of its flour mill within a 5.2-hectare…
DMCI Completes P900-Million Steel Plant in Batangas
D.M. Consunji, Inc. (PSE:DMC) has completed the construction of a P900 million state-of-the-art steel plant in Calaca, Batangas. The newest high capacity steel fabrication plant in the country, the DMCI…
Geothermal Plants of EDC Unaffected by Mt. Apo Forest Fire
The Mt. Apo geothermal plants of Energy Development Corporation (EDC) remain unaffected by the on-going fire in Mt. Apo and are operating normally, the EDC (PSE:EDC) said in a disclosure…
7-Eleven’s Net Income Exceeds Php1 Billion in 2015
Philippine Seven Corporation (PSC), the local licensee of 7-Eleven Convenience Stores, registered a 15.4 percent growth in net income in 2015 enabling it to surpass the 1.0 billion peso-mark. The…
Philippine Stock Exchange Posts Php683M Income in 2015
Amidst market volatility, the Philippine Stock Exchange (PSE) posted a net income of Php683 million (US$14.4 million) in 2015, representing a 21 percent decrease from its net income in 2014.…
Philippine Bank of Communications Appoints New Board Adviser
The Philippine Bank of Communications (PBCom) has announced the appointment of Mr. Roberto Juanchito T. Dispo as Adviser to the Board of Directors of the Bank effective immediately. Dispo is…
Philippine Stock Exchange is Southeast Asia’s Best Stock Exchange in 2015
The Philippine Stock Exchange, Inc. (PSE) was named the Best Stock Exchange in Southeast Asia for 2015 in the Marquee Awards of the 9th Alpha Southeast Asia Deal & Solution…
Allianz SE Buys 51% of PNB Life in the Philippines
PHILIPPINES – Allianz SE, a European financial services company that offers products and solutions in insurance and asset management, has purchased 51% of PNB Life Insurance, the Philippine National Bank…
Phoenix Petroleum Raises Php2 Billion from Preferred Share Sale
Phoenix Petroleum Philippines, Inc. held a bell ringing ceremony at the Philippine Stock Exchange (PSE) on Friday to list its Series 3A and 3B preferred shares. The oil company was…
BDO Unibank Seals Deal With Japan’s FIDEA
MANILA – Philippine listed bank BDO Unibank Inc (PSE:BDO) and Japanese financial institution FIDEA Holdings (FIDEA Group) further strengthened their business relationship through a memorandum of understanding (MoU) that will…