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Philippines
Monday, September 23, 2024

Jenniffer B. Austria

PH stock index briefly trades above 7,000 level, peso rises to 56.3 a dollar

Philippine stocks ended flat Wednesday, after trading above the 7,000 level for most of the trading day amid concerns on the US economy. The main...

Monde Nissin buys Amico to explore startup ventures

Instant noodle and biscuit maker Monde Nissin Corp. said Tuesday it is investing in a soon-to-be formed startup company that will explore opportunities in...

PH stocks near 7,000 level;peso tumbles

Philippine stocks traded higher Monday, pushing the benchmark index near the 7,000 level on strong buying from domestic from local and overseas investors. The 30-company...

AirAsia PH sets aside IPO plan, focuses on route expansion

Philippine AirAsia, the local unit of Southeast Asia’s biggest budget airline, said it has no immediate plans to conduct an initial public offering. Philippine AirAsia...

DMCI to get 10% stake in Tampakan gold mine

The Consunji family plans to inject its 10-percent stake in Tampakan, the country’s largest gold and copper mine in South Cotabato, into its listed...

Volatile trading likely this week as investors await US Fed action

Volatile trading is expected to prevail this week as investors await the US Federal Reserve’s move on interest rates. US stocks fell Friday on...

Metro Pacific unit plans to acquire new technology for waste water business

Metro Pacific Water Solutions (MPWS), the newly-rebranded water and wastewater technology company, plans to acquire new technology to improve its wastewater treatment business. MPWS president...

Work from malls, a rising trend

As the hybrid work model gains traction, a new shift may be on the horizon: working from malls. A survey conducted by Colliers Philippines...

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