Listed companies paid nearly P343-B in cash dividends last year
A TOTAL of 105 of the 271 companies listed at the Philippine Stock Exchange (PSE) paid P342.88 billion in cash dividends to common stock stockholders last year, providing investors a yield of 2.5%, the exchange said on Thursday.
ATN Holdings suffers P2.56-M net loss
ATN Holdings, Inc. incurred a P2.56-million net loss for the third quarter of its fiscal year that ends on March 31 despite higher revenues.
ATRAM launches first SDG-based sustainability fund
LOCAL fund manager ATR Asset Management, Inc. (ATRAM) launched on Thursday a sustainability fund anchored on the 17 key United Nations Sustainable Development Goals (SDGs), a first in the country, as it focuses its investments on companies deemed sustainable.
DBP extends P1.1-B loan to Abejo Waters
STATE-OWNED Development Bank of the Philippines (DBP) granted a P1.097-billion loan to Cebu-based firm Abejo Waters Corp. (AWC) to fund its water system projects in Cebu and Quezon provinces, the bank’s top official said.
How PSEi member stocks performed — February 18, 2021
Here’s a quick glance at how PSEi stocks fared on Thursday, February 18, 2021.
Pandemic brings scams but education is key for investors — SEC chief
INVESTORS have fallen victim to scams as the pandemic has left them with more screen time, the head of the Securities and Exchange Commission (SEC) said, as he advised Filipinos to educate themselves to prevent losing their hard-earned money.
MPIC leaves Bangkok’s AIF Toll Roads
METRO Pacific Investments Corp. (MPIC) on Wednesday said its tollways unit Metro Pacific Tollways Corp. (MPTC) sold 100% of its stake in Thailand’s AIF Toll Roads Holdings Co., Ltd. for $149.25 million.
Eastern Communications sets P2.8-B for 2021 expansion
TELECOMMUNICATIONS service provider Eastern Communications said it is allotting P2.8 billion for its expansion plans this year.
STI offers degrees in retail technology, data science
STI Education Services Group (ESG), STI West Negros University (WNU), and iAcademy have received the go signal from the Commission on Higher Education to offer programs specializing in data science and business analytics.
Robinsons virtual market adds Handyman, No Brand
HANDYMAN Do It Best and Korea’s E-Mart franchise No Brand are the latest addition to the brands available on e-commerce website Gorobinsons.ph.
ATN to supply more rock aggregates to first phase of north-south commuter rail
LISTED ATN Holdings, Inc. said that it is gearing up to supply more rock aggregates to the 38-kilometer (km) segment of the North-South Commuter Railway, which spans Tutuban, Manila to Malolos, Bulacan, after the company received additional purchase orders for the project, the firm said on Wednesday.
Cebu Pacific operator sets final terms of stock rights offer
CEBU AIR, Inc., the listed operator of budget carrier Cebu Pacific, announced Wednesday the final terms of its stock rights offer to raise almost P12.5 billion, partly aimed at addressing the impact of the pandemic crisis on its operations.