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Philippines
Tuesday, December 24, 2024

Jenniffer B. Austria

PSE index passes 6,500 on peso recovery

Philippine stocks surged past the 6,500 level Monday, leading to a possible Santa Claus rally. The Philippine Stock Exchange index jumped 128.53 points, or 2.01...

Cebu Landmasters eyes P5b in sustainability bonds in 2025

CEBU Landmasters Inc. (CLI) plans to raise up to P5 billion from the offering of sustainability-linked bonds in 2025. CLI said in a disclosure to...

PH stocks likely to trade sideways this week

Philippine stocks are expected to trade sideways with a downward bias during the last trading days of the year as investors sentiment will continue...

ICCP arranges P1.25-b financing for Pueblo de Oro

Property developer Pueblo de Oro Development Corp. (PDO) secured P1.25 billion in loan financing from two banks. PDO said in a statement it signed 7-year...

SMDC builds disaster-resilient, sustainable residential developments

From an architectural standpoint, we want to make sure that when we develop a building, it’s going to last for a long time. —...

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...

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