spot_img
28.1 C
Philippines
Saturday, April 20, 2024

Jenniffer B. Austria

PH stocks fall on renewed ME tension

The main composite index of the Philippine Stock Exchange closed lower Friday, falling below the 6,500 level again, on renewed tension between Israel and...

Megaworld raises P500m from sale of 40.6m shares in REIT unit

Megaworld Corp. said Friday it raised P500 million from the sale of 40.65 million common shares in real estate investment trust company MREIT Inc. MREIT...

RHI expects to complete sale of bioethanol business in 2024

Roxas Holdings Inc. (RHI), an integrated sugar and bioethanol company, said Friday it plans to complete the sale of its bioethanol business under San...

BDO increases cash dividends to P1 per share in 2nd quarter

BDO Unibank Inc., the country’s largest lender, said Friday it will increase the regular cash dividends of common shares to P1 per share starting...

Balai ni Fruitas acquires 40% interest in Sugarhouse

Balai ni Fruitas Inc., a leading Philippine counter service bakery operator owned by businessman Lester Yu has expanded its portfolio with the acquisition of...

Stocks climb; peso declines to 57.19 a dollar

Philippine stocks closed above the 6,500 level on continued bargain hunting while the peso continued to lose value to finish at 57.19 against the...

BDO’s income rose 12% to P18.5b in first quarter

BDO Unibank Inc., the country’s largest lender led by the SM Group, said Thursday it delivered a net income of P18.5 billion in the...

China Bank declares P5.9b cash dividends

China Banking Corp. (Chinabank) on Thursday declared total cash dividend of P5.9 billion after registering a record high profit in 2023. The P5.9 billion cash...

PRINT EDITION

ADVERTISEMENT

spot_img