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Philippines
Tuesday, September 24, 2024

Jenniffer B. Austria

UnionBank’s second-quarter income surged by more than 50% to P3.1b

UnionBank of the Philippines (UBP), the financial unit of Aboitiz Equity Ventures Inc., said Monday its second-quarter net income surged by more than 50...

Stock market likely to move sideways on profit reports

Philippine stocks are expected to move sideways with an upward bias ahead of the month-end window-dressing and release of second-quarter earnings by listed companies. Online...

Jollibee reviews plans to issue preferred shares amid high rates

Fastfood chain operator Jollibee Foods Corp (JFC) is re-evaluating plans to raise P8 billion from preferred shares offering as the growth of the domestic...

PH property sector to survive POGO ban

President Ferdinand Marcos Jr.’s order to ban Philippine offshore gaming operators (POGOs) drew reactions from the property sector, as the move will directly impact...

PH stocks edge higher, track other Asian markets

Philippine stocks closed the week on a positive note, tracking other Asian markets. The Philippine Stock Exchange index rose 55.74 points, or 0.84 percent, to...

Concepcion Industrial’s first-semester net income jumped to P412m

Concepcion Industrial Corp. (CIC), the country’s leading provider of consumer lifestyle and enterprise solutions, said Friday net income attributable to parent equity holder more...

Robinsons Retail names new president and CEO

Robinsons Retail Holdings Inc. (RRHI), the retail arm of the Gokongwei Group, named long-time executive Stanley Co as its president and chief executive effective...

SEC issues new rules on rental pool properties

The Securities and Exchange Commission said Thursday it issued rules for real estate developers offering properties with rental pool agreements. The agency said in a...

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