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Philippines
Sunday, December 22, 2024

Jenniffer B. Austria

PH stocks rebound on bargain-hunting as BSP hints of another rate cut in 2025

Philippine stocks ended the week in the green, after a seven-day losing streak on bargain hunting. The benchmark Philippine Stock Exchange index (PSEi) rose 10.78...

Filinvest Land’s P12-b bond offering gets ‘PRS Aaa’ rating from PhilRatings

Filinvest Land Inc. (FLI), the real estate arm of the Gotianun family, reported Friday that its planned P12-billion bond offering received ‘PRS Aaa’ from...

SM Prime raising P25b from bond issue in 2025

Property developer SM Prime Holdings Inc. (SMPH) plans to raise up to P25 billion next year from the issuance of fixed-rate bonds. SMPH said in...

Ferronoux buys Okada’s9.4 hectares for P4.31b

Ferronoux Holdings Inc., a listed shell company owned by businessman Michael Cosiquen, is acquiring a 9.4-hectare property owned by Okada Manila-led Eagle1 Landholdings Corp....

Share prices drop as peso hits 59 a dollar

The Philippine stock market posted its seventh straight day of decline, after the US Federal Reserve delivered a hawkish rate cut and signaled fewer-than-expected...

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...

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