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Philippines
Saturday, May 11, 2024

Jenniffer B. Austria

Cosco Capital’s income climbed 10.4% to P3.4b in first quarter

Cosco Capital Inc., the listed holding company of businessman Lucio Co, said Friday its first-quarter net income grew 10.4 percent to P3.4 billion from...

Stocks plunge as investors turn cautious over GDP

Philippine stocks wrapped up the week in the red as investors turned cautious about the slower first-quarter economic growth rate largely due to prevailing...

Bank of Commerce raises P6.57b from bond offering

Bank of Commerce (BoC), the lending arm of conglomerate San Miguel Corp., said Friday it raised P6.57 billion from the sale of fixed-rate peso...

Local stocks tumble on slower Q1 growth

Philippine stocks tumbled on Thursday as investors were disappointed by the slower first quarter economic growth. The 30-company Philippine Stock Exchange index plummeted 116.72 points,...

Megaworld’s Q1 net income rose 10% to P5b on higher sales

Property developer Megaworld Corp. said Thursday net income attributable to shareholders of the parent company rose eight percent year-on-year to P4.4 billion in the...

Monde Nissin’s net income up 79.9% to P3.5b

Snacks and noodle maker Monde Nissin Corp. reported Thursday core net income attributable to shareholders for the first quarter climbed 53.4 percent to P2.9...

DigiPlus’ profit surged 358% to P2b in Q1 on new game offerings

DigiPlus Interactive Corp., the fastest-growing digital entertainment group in the country, saw its net income surge 358 percent to P2 billion in the first...

SM Group eyes $3-b European note issuance

Conglomerate SM Investments Corp. (SMIC) and its property arm SM Prime Holdings Inc. (SMPH) created a $3-billion European Medium-Term Note (EMTN) program to fund...

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