SEC flags unauthorized investment groups, lending firm
THE Securities and Exchange Commission (SEC) has issued new warnings against groups taking investments from the public without authorization from the government.
Alsons considers sale of property business
ALSONS Consolidated Resources, Inc. (ACR) is considering the sale of its property business as part of its transition into a pure energy company.
Megaworld raises P3 billion from continued lot sale
MEGAWORLD CORP. has generated P3 billion from having completely sold out a residential village in Cavite while under quarantine.
GMA Network expects to keep jobs
GMA Network, Inc. has no plans to reduce its workforce amid the ongoing pandemic crisis, its top official said.
OUTLIER: Investors lukewarm on BPI after first-half earnings drop
INVESTORS rebalanced their positions on Bank of the Philippine Islands (BPI) last week after it released its first-half earnings report.
How PSEi member stocks performed — July 24, 2020
Here’s a quick glance at how PSEi stocks fared on Friday, July 24, 2020.
Cebu Pacific parks 9 aircraft in Australia to cut expenses
By Arjay L. Balinbin, Reporter
Struggling budget carrier Cebu Pacific announced on Friday that it had sent nine of its aircraft to Australia...
Jollibee predicts strong sales, earnings growth in 2021
Jollibee Foods Corp. (JFC) said Friday it expects to see improved earnings next year and to return to normal growth in 2022.
“We expect strong...
PSE index faring better, may not retest past lows — COL Financial
By Adam J. Ang
The benchmark Philippine Stock Exchange index (PSEi) is not expected to retest previous lows given the "better" financial conditions under an...
DENR grants environmental compliance certificate to Cebu reclamation project
AFTER a two-year review, the Department of Environment and Natural Resources (DENR) has awarded an environmental compliance certificate (ECC) for the 100-hectare Minglanilla reclamation...
Del Monte’s earnings sink with sale, closure of US plants
Del Monte Pacific Ltd. (DMPL) shed $81.4 million in its fiscal year 2020 due to the closures and sale of its production plants in...
Suntrust to add $82 million for Parañaque hotel casino
Suntrust Home Developers, Inc. will be injecting $82 million more for its hotel and casino project, while it entered into a separate deal to...