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Philippines
Thursday, December 5, 2024

Jenniffer B. Austria

PH stocks tumble ahead of November inflation data

Shares ended flat on Wednesday ahead of the release of November inflation rate data. The bellwether Philippine Stock Exchange index slipped by 4.25 points or...

Alternergy secures P4-b loan from BPI for Tanay wind project

Renewable power pioneer Alternergy Holdings Corp. has secured up to P4 billion in fresh funding facility from Bank of the Philippine Islands (BPI) for...

MJIC fixing capital deficit

MJC Investments Corp. (MJIC) is aiming reported fix its capital deficit by converting P2.43 billion in deposits from shareholders into equity. Based on the updated...

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...

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