Holcim PH deal dropped, San Miguel Corp(SMC) is no longer pushing through with its $2.15-billion acquisition of leading cement maker Holcim Philippines Inc(HLCM). The company stock price dropped -22.57% today. SMC told the Philippine Stock… Read More »SMC dropped Holcim PH deal
Dennis Uy, chairman and CEO of Udenna Corporation, has spoken up about his company’s reported plans to acquire ABS-CBN. In light of the suspension of the media giants broadcasting franchise there are rumors that Uy’s… Read More »Dennis Uy Statement :“Let me be clear, we have NO intention to acquire ABS-CBN”.
Palace: Public, private construction projects now allowed under Enhanced Community Quarantine (ECQ). The Property sector took a nose dive because of construction ban. In a Saturday virtual press briefing Presidential spokesperson Harry Roque said the… Read More »Palace: Construction Projects now Allowed
MerryMart Grocery Inc, led by young tycoon Edgar Sia II, is poised to be the first company to bravely face local stock market this turbulent year even as the COVID-19 pandemic takes a heavy toll… Read More »The Brave MerryMart IPO
Department of Finance chief eyes positive GDP results in Q1 2020 Department of Finance (DOF) Secretary Carlos Dominguez III remains optimistic for a positive domestic output in the first quarter of 2020 despite the impact… Read More »Positive GDP results in Q1 2020
Scam Alert! The Securities and Exchange Commission (SEC) to shutdown get rich quick scams. Early this month SEC released name of groups soliciting investments from the public without prior authority, These companies are NOT REGISTERED… Read More »20 New Scam alert! May 2020
Today is day one, that the media giant is offline, the question of everybody is “What’s next for ABS-CBN”. Yesterday the National Telecommunications Commission (NTC) ordered ABC-CBN to “cease and desist” from broadcasting on television… Read More »What’s next for ABS-CBN
Step 1. Get a Stockbroker A stockbroker or trading participant is licensed by the Securities and Exchange Commission (SEC) and is entitled to trade at the Exchange. They act as an agent between a buyer… Read More »How to Open an Account 4 Easy Steps
“Balik Probinsya” program that aims to decongest Metro Manila, promote more robust regional development, and encourage equitable distribution of wealth, livelihood opportunities, and economic growth nationwide. The Senate adopted on Monday, May 4,a resolution sponsored… Read More »‘Balik Probinsya’ program proposal adopted
ABS-CBN Corporation legislative franchise to expire today, May 4, 2020 Solicitor General Jose Calida warns National Telecommunications Commission (NTC) vs granting provisional authorities to operate broadcasting services, to ABS-CBN Corporation and affiliate ABS-CBN Convergence Inc, despite the… Read More »ABS-CBN Franchise Expired Today