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Philippines
Friday, April 26, 2024

Jenniffer B. Austria

SEC asks Apple, Google to cut Binance app in PH

The Securities and Exchange Commission (SEC) asked the two leading application stores to remove the Binance app from online marketplaces accessible in the Philippines. It...

PH shares climb on easing ME tensions, Wall St. positive cues

Share prices climbed back to the 6,500 level Tuesday on positive cues from the Wall Street and easing tensions in the Middle East. The 30-company...

SM postpones $1-b REIT offering on interest rate, market volatility

Property developer SM Prime Holdings Inc. (SMPH) said Tuesday it will postpone its planned $1-billion real estate investment trust (REIT) offering amid the current...

PSE plans to tap debt market to buy out PDS shareholders

The Philippine Stock Exchange (PSE) may tap the debt market to buy out the shareholders of Philippine Dealing System Holdings Corp. (PDS). PSE president and...

PH stocks up on easing ME tensions, peso closes at 57.54 a dollar

Philippine stocks opened the week flat as investors stayed on the sidelines after last week’s sell strong sell-off. The Philippine Stock Exchange index, the country’s...

Megawide’s core net income hits P269m as revenues rise 26%

Megawide Construction Corp. said Monday it posted a net income attributable to parent equity holder of P283.5 million in 2023, down 92 percent from...

AEV eyes more acquisitions to boost non-power business

Aboitiz Equity Ventures Inc. (AEV) said it will pursue acquisitions in line with its strategy to diversify its portfolio and increase the contribution of...

PSE keeps target of 6 IPOs, P175b in fresh capital

The Philippine Stock Exchange (PSE) is keeping its target of six initial public offerings (IPOs) this year and P175 billion worth of capital to...

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