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TRAVELLERS International Hotel Group, Inc. (TIHGI), the owner and operator of Resorts World Manila (RWM), expects double-digit growth in gross gaming revenues (GGR) as reopens the second floor of its casino area in July, two years after a gunman shot up the casino and started a fire that killed 36 people.
BPI SECURITIES, Inc. sees up to $600 million worth of foreign funds exiting the local stock market this year as more investors place their funds in China, following its greater weighting on the MSCI index.
EMPIRE EAST Land Holdings, Inc. (ELI) will unveil over 3,000 residential condominium units this year within a recently launched township in the Pasig-Cainta area.
THE Philippine Stock Exchange, Inc. (PSE) will lift the trading suspension on shares in Supercity Realty Development Corp. (SRDC) on Thursday (June 13), after the company disclosed additional details on its transaction with Manila Bay Development Corp. (MBDC).
THE Securities and Exchange Commission (SEC) obtained a freeze order on several bank accounts and assets of Kapa-Community Ministry International, Inc. (KAPA), which it described as operating one of the biggest investment scams in the country.
PRIME MEDIA Holdings, Inc. has sold parcels of land in Albay to a mall operator to pay off debts that will mature this year.
MEGAWORLD Corp. wants all of its townships to be fully reliant on renewable energy sources by 2025, in a bid to make its developments sustainable for the future.
HOMEGROWN food giant Jollibee Foods Corp. (JFC) is expanding its footprint in Guam as it plans to have five stores in the US island territory in the next five years.
DMCI Project Developers, Inc. said it is on track to complete the second building of its residential condo complex in Davao City by next year.
ITALPINAS Development Corp. (IDC) looks to raise up to P650 million from the issuance of preferred shares.
D.M. Wenceslao & Associates, Inc. (DMW) is launching the third tower of its residential development MidPark Towers this month, after selling over P4.3 billion worth of units in same project over the last six months.
ABACORE Capital Holdings, Inc. is hiking its capital stock to prepare for an affiliate’s development of a P155-billion energy project in Batangas with Chinese firms.
THE MAIN INDEX firmed up on Thursday as investors reacted to May inflation data and a potential rate cut by the US Federal Reserve.
SMALL investors may now subscribe to initial public offerings (IPO) online, following the Philippine Stock Exchange, Inc.’s (PSE) launch of a web-based platform that looks to boost their participation in maiden offerings in the future.
THE Securities and Exchange Commission (SEC) warned the public against several groups that have been luring investors in exchange for unrealistically high returns.
PHILIPPINE Infradev Holdings, Inc. is planning to partner with property firms to undertake projects that would complement the operations of the $3.7-billion Makati subway that it is developing.
MEGAWORLD Corp. has unveiled a new residential tower that could generate P8 billion in sales in its Fort Bonifacio township, after selling out its...
ROCKWELL Land Corp. will be launching residential projects that could generate over P10 billion in sales for the year, including its first horizontal development in Laguna.