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Philippines
Wednesday, September 25, 2024

Jenniffer B. Austria

PH stocks rise,track other Asian markets

Philippine stocks rose for the second trading day, tracking other Asian markets as investors continue to hunt for bargain stocks. The bellwether Philippine Stock Exchange...

SEC shuts down 6 lending companies

The Securities and Exchange Commission (SEC) said Tuesday it issued cease-and-desist order against six financing and lending companies which are not compliant with the...

PSE clearsP580-m IPOof NexGen

The Philippine Stock Exchange (PSE) approved the P580 million initial public offering (IPO) of renewable energy producer NexGen Energy Corp. led by the Tiu...

PH stock market rebounds 1.8% to end eight-day slump

Philippine stocks rebounded Monday to end eight straight trading days of decline on bargain-hunting. The 30-company Philippine Stock Exchange index returned to the 6,200 level,...

Emperador allots P6.5b for expansion

Liquor firm Emperador Inc. said Monday it earmarked P6.5 billion for 2024 capital expenditures to expand its whisky business overseas. Emperador president Winston Co said...

Office market booms outside Metro Manila

The office market beyond Metro Manila continues to boom as business process outsourcing (BPO) firms expand to access a diverse and highly skilled talent...

Stocks plunge to 7-month low as peso weakens to 58.8 a dollar

The Philippine Stock Exchange index suffered a massive drop on Friday, falling to nearly seven-month low on inflation and interest rate concerns and continued...

IP E-Game Ventures to diversify into REIT as part of transition

Listed gaming firm IP E-Game Ventures Inc. plans to diversify into real estate investment trust (REIT). IP E-Game said in a disclosure to the stock...

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