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Philippines
Friday, October 11, 2024

Jenniffer B. Austria

SEC approves P13.15-billion MREIT, Megaworld property swap

MREIT Inc., the real estate investment trust (REIT) company of Megaworld Corp., received the Securities and Exchange Commission’s (SEC) approval to acquire six prime...

PH stocks, peso fall ahead of US inflation report

Philippine stocks declined for the third straight trading day ahead of the release of US September inflation report. The 30-company Philippine Stock Exchange index slipped...

SPNEC subscribes to more shares in Terra Solar, Terra Nueva for P8.9b

SP New Energy Corp. (SPNEC) said Thursday it is subscribing more shares in subsidiaries Terra Solar Philippines Inc. (TSPI) and Terra Nueva, Inc. (TNI)...

Aboitiz, Yuchengo groups form joint venture for industrial estate

The Aboitiz and Yuchengco groups formed a partnership to develop and expand an industrial estate in Central Luzon. Aboitiz Equity Ventures Inc. (AEV) said in...

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...

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