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Philippines
Tuesday, October 1, 2024

Jenniffer B. Austria

SEC seeks to launch derivatives market,taps foreign experts to hold workshop

The Securities and Exchange Commission (SEC) is looking to create a futures market in the Philippines to provide more options for investors and enhance...

Shakey’s Pizza to form US subsidiary to push expansion

Shakey’s Pizza Asia Ventures Inc., the restaurant chain of the Po family, plans to bring its products and brands in the United States. Shakey’s said...

PH stocks plunge amid profit-taking

Philippine stocks slumped Monday, pulling the benchmark index back to the 7,200 level amid massive profit-taking. The 30-company Philippine Stock Exchange index (PSEi) plunged by...

Chemrez now running P10.5-b plant at full capacity with 3% biodiesel mix

Chemrez Technologies Inc., a subsidiary of D&L Industries, is running its coco-biodiesel plant at full capacity on rising orders from oil companies after the...

Japan’s Mitsui selling 7.3% stake in Metro Pacific

Mit-Pacific Infrastructure Holdings Corp. of Japan’s Mitsui Corp. is reducing its stake in Metro Pacific Investments Corp. (MPIC). Hong Kong-based First Pacific Co. Ltd., the...

Market seeking to hit 7,500 this week on rate cuts

Philippine stocks are expected to move sideways with an upward bias this week as the market attempts to hit the 7,500 resistance level. Online brokerage...

Stock market stays above 7,400 despite profit-taking

The main composite index’s rise wavered on Friday, as profit-taking pulled the market from a strong advance Thursday. Despite the rally in US and Asian...

PSE ready to launch GPDRs to boost domestic investments

The Philippine Stock Exchange (PSE) prepares to launch Global Philippine Depositary Receipts (GPDRs) to enhance investment opportunities for local investors by providing access to...

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