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Philippines
Thursday, December 19, 2024

Jenniffer B. Austria

Ayala taps ING for P3.1-b loan to fund health projects

Conglomerate Ayala Corp. said Wednesday it obtained a 50-million-euro (P3.1 billion) social loan from European bank ING to finance healthcare projects of unit AC...

PH stock index retreats below 6,500, peso drops to 58.99 a dollar again

The Philippine stock market continued its downward streak, following regional decline, on heavy foreign selling ahead of the central banks’ policy meetings. The Philippine Stock...

PH stocks plummet as peso slides to 58.87 a dollar

Philippine stocks barely managed to stay above the 6,500 level as the index plummeted by more than 100 points on Tuesday as the peso...

EEI plans P6-b preferred share sale to fund real estate, energy projects

EEI Corp. is raising P6 billion from the issuance of preferred shares. EEI said in a disclosure to the stock exchange Tuesday its board of...

EEI investing P3.85b to finance subsidiaries’ various projects

Construction firm EEI Corp. is investing P3.85 billion to finance the expansion plans of various business units. EEI said in a disclosure to the stock...

PH stocks end flat on continued peso depreciation

Philippine stocks ended flat Monday as investors stayed on the sidelines while waiting for the respective policy meetings of the US Federal Reserve and...

PSE bullish on 2025 IPOs, eyes P120b in new capital

The Philippine Stock Exchange (PSE) expects a significant rebound in capital-raising activity in 2025, with an estimated target of P120 billion, representing a 51-percent...

OECD: Shorter IPO process to boost capital market

The Organisation for Economic Cooperation and Development (OECD) recommended shortening the approval process for initial public offerings (IPOs) and strictly enforcing existing corporate governance...

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