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Philippines
Monday, September 23, 2024

Jenniffer B. Austria

SEC clears Vista Land’s P5-b share sale

The Securities and Exchange Commission (SEC) said Monday it approved the P5-billion preferred share offering of property developer Vista Land & Lifescapes Inc. The SEC...

PH stocks drop on reduced chance of interest rate cuts

Philippine stocks opened the week in the red amid reduced likelihood of a rate cut after July inflation rate reached 4.4 percent. The bellwether Philippine Stock...

JG Summit’s core net income doubled to P18.1b in first half

JG Summit Holdings Inc. of the Gokongwei Group said Monday its core net income doubled to P18.1 billion in the first half of 2024...

Higher real estate sales lifted Filinvest Land’s first-half profit

Filinvest Land Inc. (FLI), the property unit of the Gotianun family, said Monday net profit in the first half of 2024 grew 6.6 percent...

MPIC sees core income topping P20b this year

Conglomerate Metro Pacific Investments Corp. (MPIC) expects full-year core net income to exceed P20 billion this year after the strong first-half results, a top...

Ayala Land plans to borrow up to P30b in second semester

Property developer Ayala Land Inc. plans to raise between P20 billion and P30 billion through the debt market in the second half of 2024...

Analysts expect PH stocks to move sideways ahead of BSP policy meet

Philippine stocks are expected to move sideways as investors await the Bangko Sentral ng Pilipinas (BSP) policy meeting later this week. Analysts said investors would...

RLC unveils Bonifacio Capital District

Robinsons Land Corp. (RLC), the property arm of the Gokongwei Group, unveiled the Bonifacio Capital District, a premier mixed-use development in Taguig City. The project,...

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