PSEi extends slump to fifth day Local stocks fell on Tuesday, extending losses to a fifth straight session as investors stayed cautious over geopolitical tensions and rising inflation risks. The benchmark Philippine Stock Exchange Index (PSEi) slipped 0.5... See more
A Brown readies P12-B bond issue Property and power firm A Brown Company Inc. has secured board approval for a shelf registration of up to P12 billion in fixed-rate bonds, marking a fresh push to tap the capital markets. In a disclosure on Tuesday, the co... See more
SM malls defy cost surge with stronger sales Sy family-led SM Prime Holdings Inc. said mall foot traffic remained resilient in the first quarter, defying concerns that rising fuel costs would dampen consumer activity. In a media briefing on Tuesday, Steve... See more
Megaworld unveils Laoag beach club plan Property developer Megaworld Corp. is expanding its footprint in northern Luzon with plans to build a beach club within its Ilocandia Coastown township in Laoag City. The Andrew Tan-led firm said on Monday that the ... See more
Hawkish monetary policy shift drags PSEi Local stocks opened the week on a weak note as concerns over rising inflation and interest rates dampened investor appetite. The benchmark Philippine Stock Exchange Index (PSEi) fell 0.71 percent or 42.34 points, t... See more