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26.8 C
Philippines
Thursday, March 27, 2025
26.8 C
Philippines
Thursday, March 27, 2025

Jenniffer B. Austria

Stock market unfazed by ‘zero remittance,’ posts modest gains

Philippine stocks posted modest gains Wednesday as investors downplayed the impact of “zero-remittance week”, which is being floated by supporters of former president Rodrigo...

GT Capital’s net earnings decline by 1.7% to P28.8b

GT Capital Holdings Inc., the listed holding company of the Ty family, saw its 2024 net income decline 1.7 percent to P28.8 billion from...

Filinvest reports 36% profit growth to P12.1b in 2024

Filinvest Development Corp. (FDC) of the Gotianun family said Wednesday its net income attributable to equity holders of the parent company climbed 36 percent...

Bautista transfers to PNB as new president, CEO

Philippine National Bank (PNB), the financial arm of beer and tobacco tycoon Lucio Tan, on Wednesday announced the appointment of veteran banker Edwin Bautista...

Ayala Land unit acquires two logistics parks to expand capacity

AyalaLand Logistics Holdings Corp. (ALLHC), the industrial park and real estate logistics arm of Ayala Land Inc. expanded its portfolio with the acquisition of...

Jollibee to expand coffee business via franchising

Jollibee Foods Corp. said Tuesday it is aggressively ramping up its coffee and tea business this year as it shifts to franchising. Jollibee chief finance...

PH stocks plunge again on lingering US tariff issue

Philippine stocks slipped again Tuesday, falling below the 6,200 level, amid uncertainty over US President Donald Trump’s tariff policy. The bellwether Philippine Stock Exchange index...

Megawide prices P6-b share offering

Megawide Construction Corp. pegged the interest rates for its planned P6-billion preferred shares offering. Megaworld said Series 6A preferred shares would carry an interest rate...

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