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Philippines
Tuesday, September 24, 2024

Jenniffer B. Austria

PH stocks rally above 6,600 on rate cut optimism

Philippine stocks rallied Thursday to close above 6,600 level on expectations the US June inflation rate slowed down, which boosted hopes of a possible...

Megawide raises P5b in fresh capital from peso bond issue

Megawide Construction Corp. said Thursday it raised P5 billion in fresh capital from the issuance of peso-denominated fixed-rate bonds, as the attractive interest rates...

DigiPlus joins Fortune Southeast Asia 500

DigiPlus Interactive Corp., a leading digital entertainment company in the Philippines, was included in the latest Fortune Southeast Asia 500 list. The list, which ranks...

BDO sees more bond, equity deals in second half

BDO Capital & Investments Corp., the investment banking arm of BDO Unibank Inc., expects more equity and bond deals in the second half of...

Stocks fall; peso at 58.32 a dollar

Philippine stocks fell Wednesday, ending two straight days of gains, on hawkish comments from the US Federal Reserve on inflation. The 30-company Philippine Stock Exchange...

Megawide starts Hotel101 construction in Quezon City

Megawide Construction Corp. said Tuesday it started constructing the Hotel 101 project in Quezon City, its 6th project with property firm DoubleDragon Properties Corp. Hotel...

Stocks, peso sustain gains on positive cues from Wall Street

The Philippine stock market sustained its upward momentum Tuesday on positive cues from Wall Street, bringing the benchmark index closer to the 6,600 level. The...

URC, Greencycle to form waste management unit

Food manufacturer Universal Robina Corp. (URC) teamed up with Greencycle Innovative Solutions, Inc. for its waste management program. URC said in a disclosure to the...

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