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Philippines
Wednesday, December 4, 2024

Jenniffer B. Austria

Consunji Group completes $272-m Cemex acquisition

The Consunji Group said Tuesday it completed its $272-million acquisition of Cemex Holdings Philippines (CHP). Consunji subsidiaries DMCI Holdings Inc., Semirara Mining and Power Corp....

Local share prices decline, reverse gains

Share prices reversed early gains to finish a tad lower on Tuesday as bargain hunting fizzled out. The Philippine Stock Exchange Index dipped by 8.68...

Megaworld unit earmarks P5b to develop CDO

Global-Estate Resorts, Inc. (GERI), a real estate subsidiary of property giant Megaworld Corp. has initially earmarked P5 billion to develop a 117-hectare integrated lifestyle...

PH share prices surged on technical correction

Share prices started December on a strong note as index surged 129.04 points on Monday on technical rebound after last week’s decline. Philippine shares closed...

Italpinas taps Dusit International for Mindanao hotels

Italpinas Development Corp. (IDC) has partnered with Dusit International, one of Thailand’s leading hotel and property development companies, to manage its planned hotel developments...

Bargain-hunting likely to lift PH stocks this week

Philippine stocks are expected to rebound this week after the last week’s decline as investors await the latest inflation report. The Philippine Statistics Authority (PSA)...

SEC extends deadline for payment of fees by erring firms until yearend

The Securities and Exchange Commission (SEC) has extended until the end of the year the deadline for erring companies to settle the fees they...

Security Bank acquiring 25% stake in Home Credit PH

Security Bank Corp. said Friday it is acquiring 25 percent stake in HC Consumer Finance Philippines, Inc. (HCPH), a leading consumer financing company in...

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