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Philippines
Thursday, October 17, 2024

Jenniffer B. Austria

Consunji firms declare special cash dividends

DMCI Holdings Inc. and Semirara Mining and Power Corp. (SMPC), two listed firms led by the Consunji family, on Wednesday declared special cash dividends. DMCI...

SEC files complaint against Bulacan Ukay Ukay for offering investments

The Securities and Exchange Commission (SEC) said Wednesday it filed a criminal complaint against Bulacan Okay Ukay Direct Supplier for offering investments to the...

PH stocks edge lower despite new BSP interest rate cut

The local stock market edged lower Wednesday despite the decision of the Bangko Sentral ng Pilipinas to reduce its key interest rate by 25...

Bloomberry, banks sign P72-b syndicated refinancing facility

Bloomberry Resorts Corp. said Tuesday subsidiary Bloomberry Resorts and Hotels Inc. (BRHI) signed a P72-billion syndicated refinancing facility with a consortium of banks. The agreement...

7-Eleven franchise holder opens 4,000th PH store in Newport

Philippine Seven Corp. (PSC), the local franchise holder of convenience store 7-Eleven, celebrated a major milestone Tuesday with the opening of its 4,000th outlet...

DMCI Holdings issuing P10-b preferred shares to Dacon Corp.

DMCI Holdings Inc. of the Consunji Group said it obtained shareholders’ approval to issue P10 billion worth of preferred shares to affiliate Dacon Corp....

PH stock index surges to 7,400;peso drops to57.86 a dollar

Philippine stocks surged by more than 100 points Tuesday to close above 7,400 level, while the peso retreated against the US dollar on rising world...

Megaworld investing P15b to develop 84-hectare Ilocandia Coastown

Property developer Megaworld Corp. said Monday it is investing P15 billion to expand its presence in Ilocos Norte province. The company said in a disclosure...

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