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Philippines
Monday, September 23, 2024

Jenniffer B. Austria

DigiPlus eyes Brazil as new gaming market

Gaming firm DigiPlus Interactive Corp. (DigiPlus), currently the hottest stock in the stock exchange, is looking to expand in Brazil following the recent legalization...

Megawide expects to bag Baguio, Cavite transport projects

Megawide Construction Corp. expects to bag two new transport-oriented projects in Baguio City and Cavite province within the next six months. Megawide chief business development...

Top Line plans P3.16-b initial public offering

Cebu-based fuel retailer Top Line Business Development Corp. (Top Line) plans to hold a P3.16-billion initial public offering in November 2024. Top Line said in...

PH stocks to retest 7,000 level on Fed rate cut hopes

Philippine stocks are expected to sustain their uptrend this trading week, possibly retesting the 7,000 level, as investors expect the US Federal Reserve to...

Ayala Corp. reviewing plans to divest stake from operator of LRT Line 1

Conglomerate Ayala Corp is re-evaluating plans to sell its stake in Light Railway Manila Corp. (LRMC), the operator of Light Railway Transit Line 1. “For...

AREIT eyes $3-b assets in three years

AREIT Inc., a trailblazer in the real estate investment trust sector, aims to expand its portfolio to $3 billion over the next three years,...

Court finds Ponzi-like Kapa investment scam masterminds guilty of estafa

Masterminds of Kapa Community Ministry International, Inc., considered one of the biggest investment scams in the country's history, were found guilty of swindling money from...

PH stocks jump above 6,800 level as investors welcome BSP rate cut

Philippine stocks zoomed more than 150 points Friday to close the week above the 6,800 level as investors cheered the rate reduction by the...

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