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Philippines
Friday, November 22, 2024

Jenniffer B. Austria

Peso tumbles to record low of 59.0 vs. US dollar

Philippine stocks snapped a four-day winning streak on profit-taking, after the peso tumbled to a record low of 59.0 against the US dollar Thursday. “The...

DigiPlus eyes Brazil’s online gaming market

DigiPlus Interactive Corp. is getting a step closer with its plan to tap Brazil’s growing online gaming market, after its subsidiary qualified for a...

Filinvest REIT plans to double leasing assets in 2 years

Filinvest REIT Corp. (FILRT), the real estate investment trust of the Filinvest Group, plans to double its 330,000 square meter leasing portfolio over the...

EEI eyes P2b from preferred share offering

EEI Corp., a listed construction firm, said Wednesday it plans to raise P2 billion from the issuance of preferred shares via a private placement. EEI...

Stocks rise on rate cut hopes, peso falls to 58.91 a dollar

Philippine stocks rallied for a fourth straight trading day, sending the benchmark index above the 6,900 level as reassurance from the Bangko Sentral ng...

Bargain-hunting lifts stock index above 6,800 level

Philippine stocks returned to the 6,800 level, as the market rose for the third straight trading day on continued bargain-hunting and bottom-fishing activities. The bellwether...

DoubleDragon shortens bond offering period

DoubleDragon Corp. said Tuesday it shortened the offer period for its planned P10-billion retail bond sale amid strong demand from investors. The company said in...

Fruitas acquires 60% stake in Mang Bok’s

Fruitas Holdings Inc., a leading food cart operator, diversified into roasted chicken market with the acquisition of a controlling stake in a company that...

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