GSIS net income reaches P112 billion as of September; Higher by P35.4 billion over target
The net income of the Government Service Insurance System (GSIS) reached P112 billion as of September, exceeding its target by…
Meralco consolidated core net income up 14% as of end-September
The Manila Electric Company (Meralco) recorded a 14-percent increase in its consolidated core net income (CCNI) to P40 billion, attributable…
Alternergy secures P2.4-B co-investment deal with ABC Energy
Listed renewable energy firm Alternergy Holding Corporation has retained majority ownership of the Tanay and Alabat wind power projects in…
SMC raises P48.86 billion in preferred shares offer; Becomes first PH company to conduct exchange offer
San Miguel Corporation (SMC) listed a combined P48.86 billion worth of preferred shares at the Philippine Stock Exchange (PSE), marking…
New Maya app feature allows investors to participate in IPOs; Now in use for Maynilad’s IPO
Maya Philippines Inc. launched a new feature called Maya Stocks that will allow users to participate in initial public offerings…
Asia-Pacific Markets React to Japan’s New Leadership and Trade Data–Here’s What it Means for you
The Asia-Pacific markets had a “kinda up, kinda down” start this Wednesday as investors kept an eye on Japan’s brand-new…
Maynilad to raise P34.33 billion from IPO; Sets offer price at P15 per share
Maynilad Water Services Inc. is aiming to raise P34.33 billion pesos from its initial public offering (IPO) of which the…
Gold price reaches new record of $4,200 per ounce
The price of gold continues to climb, reaching a record of at least $4,200 per ounce on October 15, as…
Hong Kong Exchanges and Clearing to launch biotech index futures
The Hong Kong Exchanges and Clearing Ltd. (HKEX) plans to launch Hang Seng Biotech Index Futures, the latest enhancement to…
Toyota Motor PH cites fiscal incentives as factor for its competitive edge
Toyota Motor Philippines Corporation (TMP) has cited fiscal incentives as among the factors why the company continues to have a…