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Philippines
Thursday, October 10, 2024

Jenniffer B. Austria

SEC approves P3.16-b IPO of Top Line

The Securities and Exchange Commission (SEC) approved the initial public offering (IPO) of Top Line Business Development Corp., allowing the company to raise up...

PH stocks pull back to 7,400 level as peso hits 57 a dollar

The Philippine stock market pulled back Wednesday as investors locked in on gains ahead of the release of latest inflation data from the United...

DoubleDragon raising P30b from bond issue over 3 years

DoubleDragon Corp. said Wednesday it plans to raise P30 billion over the next three years from the issuance of fixed-rate bonds. DoubleDragon said in a...

Ayala gets $200-m loan from Metrobank

Conglomerate Ayala Corp. said Tuesday it signed a $200-million credit facility with Metropolitan Bank & Trust Co. (Metrobank), marking another milestone in their long-standing...

PSE index stays above 7,500;peso slides to 56.9 a dollar

The main composite index of the Philippine Stock Exchange ended slightly lower Tuesday, but stayed above the 7,500 level, on technical correction after previous...

Filinvest Land opens second mall in Dumaguete as part of expansion

Filinvest Land Inc. (FLI), the property arm of the Gotianun family, said Tuesday it opened a new mall in Dumaguete City. FLI said in a...

MPTC to buy out EGIS shares in NLEX,increase stake in toll collector Easytrip

Toll road operator Metro Pacific Tollways Corp. (MPTC) is making two major acquisitions that will further increase its stake in North Luzon Expressway (NLEX)...

PH stocks surge past 7,500;peso tumbles to 56.8 a dollar

Philippine stocks surged past the 7,500 level Monday, its highest closing since January 2020, on strong foreign buying and continued investor enthusiasm. The bellwether Philippine...

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