Cebu Landmasters posts 8% profit increase for 2024
LISTED PROPERTY developer Cebu Landmasters, Inc. (CLI) said its attributable net income rose by 8% to P3.01 billion in 2024 from P2.8 billion in...
PSE nears full control of PDS after buying more shares
THE Philippine Stock Exchange, Inc. (PSE) is nearing its goal of gaining full control of the Philippine Dealing System Holdings Corp. (PDS) after acquiring...
Cebu Pacific says Q1 passengers up 26.36%
CEBU PACIFIC expects passenger growth in the second quarter after carrying over six million passengers in the first three months of the year, the...
Transmission rates up in March
TRANSMISSION RATES for the March billing period, reflected in the April electricity bill, increased by 11.51% due to higher ancillary services (AS) charges, the...
How PSEi member stocks performed — April 15, 2025
Here’s a quick glance at how PSEi stocks fared on Tuesday, April 15, 2025.
Megawide raises P5.3 billion from preferred shares offering
SAAVEDRA-LED infrastructure conglomerate Megawide Construction Corp. has raised P5.3 billion from its preferred shares offering.
The company listed its Series 6 preferred shares on the...
Hotel101 tops off Madrid project, completion set for December
DOUBLEDRAGON CORP. (DD) said the 680-room Hotel101-Madrid project of its hotel subsidiary Hotel101 Global Pte. Ltd. in Spain is set for completion in December...
Globe’s GCash to acquire up to 50% stake in AB Capital
GLOBE Telecom, Inc., through Globe Fintech Innovations, Inc. (Mynt), said it had closed two investment tranches to acquire a stake in AB Capital Securities,...
SteelAsia taps Italian firm to build steel mill in Quezon province
STEELASIA Manufacturing Corp. has tapped Italy’s Danieli Co., Ltd. to build its heavy steel sections mill in Candelaria, Quezon.
Under the agreement, Danieli will supply...
GAC Motor Philippines hopes to sell 4,000 units this year
ASTARA PHILIPPINES-LED GAC Motor Philippines expects its sales to reach 4,000 units this year, driven by demand for its Emzoom model and a shift...
Emperador ‘keeping a close eye on dev’ts in US tariffs’
ANDREW L. TAN-LED brandy and whisky producer Emperador, Inc. said it is monitoring global market risks as new US trade policies threaten to weigh...
PSE increases stake in PDS to 83.04% after Citicorp deal
THE PHILIPPINE Stock Exchange, Inc. (PSE) has increased its stake in Philippine Dealing System Holdings Corp. (PDS) to 83.04% after closing a share purchase...