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Philippines
Monday, September 23, 2024

Jenniffer B. Austria

Metro Retail posted P100-m profit in first half

Metro Retail Stores Group, Inc. (MRSGI) said Thursday its first-half net income fell 26.6 percent to P100.4 million from P136.8 million in the same...

PH stocks fall on profit-taking, peso ends at 56.50 a dollar

Philippine stocks succumbed to profit-taking Wednesday, but stayed above the 6,900 level as investors pocketed their gains from previous days’ rally. The 30-company Philippine Stock...

Arthaland eyes P3-b preferred shares offering in October

Boutique property developer Arthaland Corp. plans to conduct a P3-billion preferred shares offering in October 2024. Based on the registration statement posted on its website,...

SEC allows DHI to resume stock trading

Shareholders of Dominion Holdings Inc. (DHI), formerly BDO Leasing and Finance Inc., can now trade their shares in the Philippine Stock Exchange (PSE) after...

Dacon infusing P10b in DMCI for Cemex deal

The Consunji family’s Dacon Corp. is infusing P10 billion in its listed holding company DMCI Holdings Inc. to help fund the acquisition of cement...

PSEi touches 7,000 level,Peso ends at 56.55 a dollar

Philippine stocks sustained their rally, briefly touching the resistance 7,000 level before closing lower, on expectations the US Federal Reserve will announce a rate...

Security Bank raises P20b from bond offering

Security Bank Corp. said Tuesday it raised P20 billion from the issuance of fixed-rate peso corporate bonds, its largest bond offering to date. The bonds...

Stock index, peso climb on rising optimism about economy, rate cuts

Both the Philippine peso and the local stocks climbed Monday buoyed by optimism about continued monetary easing and the sustained growth of the economy. The...

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