NOW Corp. is standing by its earlier statement that affiliate NOW Telecom is the country’s fourth mobile telco player despite having no official declaration from the government. In a disclosure to the stock exchange on… Read More »Now Telecom ready to compete or not?
Belle Corp. a developer of tourism and leisure destinations in the Philippines with principal asset City of Dreams Manila said Thursday that the company’s net income fell 96 percent first nine months to P93 million… Read More »Belle Corp. reports 96% drop in net profit
The main index rose to its highest level in more than three months as local and foreign investors picked up shares on increasing optimism over the Philippine trade recovery together with the economic upturn. This… Read More »Philippine Trade Recovery Outlook
Listed company ATN Holdings, Inc. (ATN) stated it’s collaborating within the development of the P54-billion phase 1 of the North-South Commuter Railway (NSCR) venture. The listed holding firm added it’s “actively engaged” in discussions for… Read More »ATN Holdings joins the initial part of the commuter railway venture
Tycoons Manny Pangilinan and Dennis Uy are looking to explore areas in the West Philippine Sea for oil deposits, the Department of Energy revealed last month. The agency opened bids for four nominated areas under… Read More »Dennis Uy, MVP eyeing oil exploration opportunities in West Philippine Sea
Semirara Mining and Power Corp (SCC) is the largest coal miner in the Philippines. It is controlled by the Consunji family through its publicly listed holding company DM Consunji Holdings, Inc. (DMC) which owns 56.63%… Read More »Semirara Mining and Power Corp watches as China bans Australian coal
The Senate on Monday, October 12, 2020, approved on third and final reading the bill allowing San Miguel Aerocity Inc., a subsidiary of San Miguel Holdings Corp., a 50-year franchise to construct and operate the… Read More »50-year Franchise for San Miguel Aerocity approved
The Philippine Stock Exchange, Inc. (PSE) is eyeing to launch new financial products next year to lure foreign investors back to the local bourse. The PSE wants to increase this to eight with financials, industrials, holding firms, property,… Read More »PSE to introduce New Sectors and ETFs in 2021
Vicente “Boss Vic” del Rosario Jr. is pushing through with an initial public offering (IPO) of his business empire’s music division next year. Viva Music includes Del Rosario’s Viva Records, Vicor Music Corp., and Viva… Read More »Viva Music’s IPO in 2021
Converge ICT is the largest high-speed fixed broadband provider in the Philippines, by high-speed residential fixed broadband subscriptions, with a 54% market share as of 1Q2020. It is considered as the only pure-play high-speed fixed… Read More »Converge ICT IPO Review Part 2