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Philippines
Wednesday, July 16, 2025

Jenniffer B. Austria

Lucio Co’s Keepers Holdings acquires 50% of ‘SULA’ liquor maker

The Keepers Holdings Inc., the liquor distribution company of businessman Lucio Co, said Wednesday it acquired 50 percent of the subscribed and outstanding shares...

Share prices, peso plunge on global trade war concerns

Share prices closed lower Tuesday as investors turned cautious due to renewed concerns about global trade wars. The benchmark Philippine Stock Exchange index plunged 65.57...

Institutional investor plans to sell SMIC, SMPH shares

An institutional investor is planning to sell shares in SM Investments Corp. (SMIC) and SM Prime Holdings Inc. (SMPH). Bloomberg reported an undisclosed institutional investor...

PSE approves P8-b preferred shares offering of Filinvest

The Philippine Stock Exchange has approved the P8-billion preferred shares offering of Gotianun-led conglomerate Filinvest Development Corp. (FDC). Based on terms approved by the local...

Strong demand prompts BDO to shorten sustainability bond offer period

BDO Unibank Inc., the Philippines’ largest lender, has shortened the offer period for its fourth peso-denominated ASEAN Sustainability Bonds due to strong demand from...

PH stocks climb above 6,500as investors dismiss US tariffs

Share prices jumped on the first trading day of the week, closing above 6,500 level, as investors shrugged off latest developments on tariffs by...

SEC adopts ‘deemed approved’ rule

The Securities and Exchange Commission (SEC) said Monday it has adopted a “deemed approved” policy, automatically approving business applications not acted upon within set...

Dennis Uy’s PH Resorts converts Udenna’s P4-billion cash advances into equity

PH Resorts Group Holdings Inc (PHR), the casino and leisure firm of businessman Dennis Uy, is taking steps to address its negative equity by...

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