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Philippines
Sunday, September 8, 2024

Jenniffer B. Austria

Peso breaches 55-a-dollar level; stocks sustain gains

The Philippine peso climbed Friday to breach the 55-a-dollar level, while local stocks ended the first week of September in the green despite worries...

Vista Land sets dividend payout for P5-b preferred shares offering

Vista Land & Lifescapes Inc. of billionaire Manuel Villar revealed an attractive dividend payout to investors that will subscribe to its P5-billion preferred shares...

PSE approves Vista Land’s P5-b preferred shares sale

The Philippine Stock Exchange approved the P5-billion preferred shares offering of Vista Land & Lifescapes Inc., the property unit of the Villar Group. The PSE...

PH stocks, peso rise on slower August inflation

Philippine stocks and the peso advanced Thursday as inflation rate eased to a seven-month low of 3.3 percent in August 2024. The benchmark Philippine Stock...

Century Pacific acquires 100% of Coco Harvest

Century Pacific Food, Inc. (CNPF), one of the leading food and beverage companies in the Philippines owned by the Po family, is expanding its...

Consunji-led Dacon to buy out Cemex minority owners

Dacon Corp., a company led by the Consunji family, plans to spend around P1.3 billion to acquire the remaining minority shares in Cemex Holdings...

Meralco unit acquires P7.5-b SPNEC shares

Meralco PowerGen Corp. (MGen), a subsidiary of Manila Electric Co., acquired P7.5 billion worth of shares in renewable firm SP New Energy Corp. (SPNEC). MGen...

PH stocks close flat as investors await release of inflation data

Philippine stocks ended nearly flat Wednesday after falling below the 6,800 level during early trading as investors await the release of August inflation. The bellwether...

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