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Philippines
Monday, September 23, 2024

Jenniffer B. Austria

PH stocks climb as investors cheer strong Q2 growth

Philippine stocks climbed Thursday as investors ignored Wall Street’s decline and cheered the strong 6.3-percent gross domestic product growth in the second quarter of...

ALI expects fewer project launches

Property developer Ayala Land Inc. (ALI) reduced its planned project launches this year to P85 billion from P115 billion set at the start of...

SMIC cautiously optimistic as first-half profit hit P40.2b

Conglomerate SM Investments Corp. (SMIC) of the Sy family posted a net income of P40.2 billion in the first half of 2024, up by...

Megaworld’s first-half income up 9% to P8.55b

Property developer Megaworld Corp. reported Wednesday a 9-percent growth in the first-half net income on the back of a double-digit growth in sales. Net income...

PH stocks climb on bargain hunting, track Wall St. rally

Philippine stocks bounced back to the 6,500 level after Wall Street snapped its three-day losing streak. The 30-company Philippine Stock Exchange index surged 101.93 points,...

Ayala Land reports P13.1-b income

Property developer Ayala Land Inc. (ALI) said its first-half net income grew 15 percent to P13.1 billion, boosted by strong revenues from residential and...

PH stocks fall on higher July inflation

Philippine stocks closed marginally lower Tuesday as July inflation rate came in higher than expected, which could derail the much-anticipated interest rate cut this...

DMCI Holdings logs 53% drop in net income

Conglomerate DMCI Holdings Inc. of the Consunji family said Tuesday its second-quarter net income dropped 32 percent to P5.5 billion from P8.1 billion recorded...

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