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THE Securities and Exchange Commission (SEC) has advised the public against investing in Bioglow Laundry Shop (Bioglow), noting that it is not registered with the commission nor authorized to solicit investments.
THE country’s corporate regulator has ordered capital markets, listed companies, and other institutions to comply with data privacy laws following reports of security breaches in both local and international firms in the previous months.
THE holding firm of country’s richest man Henry Sy, Sr. is shifting its investment strategy, favoring businesses where they can secure a minority position instead of taking full control of the company.
THE Philippine Stock Exchange (PSE) has asked Melco Resorts and Entertainment (Philippines) Corp. (MRP) to engage with its minority shareholders to resolve pending issues on its tender offer, which will take the company a step closer to delisting from the local bourse.
LOCAL EQUITIES slumped on Monday as investors remained cautious given inflationary pressures on the Philippine economy.
THE CAMP of Dr. Alfredo R.A. Bengzon said they are confident the ongoing ownership dispute at The Medical City (TMC) will be resolved soon, for the sake of the hospital and its shareholders.
SHARES may continue falling in the week ahead given the lack of catalysts that may encourage investors to return to the market.
CENTURY Properties Group, Inc. (CPG) has pre-sold 342 vacation homes worth P2 billion in its residential tourism estate in Nasugbu, Batangas, more than nine months after it was unveiled to the market.
THE SECURITIES and Exchange Commission (SEC) has given the go signal for San Miguel Food and Beverage, Inc. (SMFB) to conduct its P142.81-billion follow-on offering, slated to be the largest share sale in the history of the Philippine equities market.
HIGHER LEVELS of employee engagement have been associated with superior top-line results, according to professional services and risk consulting group Aon.
BOULEVARD Holdings, Inc. (BHI) is banking on the reopening of tourist destination Boracay Island this month to improve its business, after posting declines in its sales performance during the island’s six-month rehabilitation.
TRADING participants welcomed the Philippine Stock Exchange’s (PSE) move to tweak listing rules that would prompt companies seeking to conduct a follow-on offering (FOO) to provide a price range for the benefit of the investing public.
DOUBLEDRAGON Properties Corp. on Wednesday said it is “generally unaffected” by rising interest rates and weakening peso, as the company’s borrowings are all peso-denominated and have fixed rates.
FILIPINO consumers still prefer shopping in brick and mortar stores over online platforms, favoring the physical appeal of products despite the convenience of online purchases, according to a study by digital research and consulting firm, Research and Tech Lab (RTL).
THE majority shareholder of Melco Resorts and Entertainment (Philippines) Corp. (MRP) has deferred its plan to conduct a tender offer, effectively pushing back the company’s plan to delist from the Philippine Stock Exchange (PSE).
LOCAL EQUITIES tumbled on Tuesday as the rise of global oil prices heightened inflation fears alongside the continued sell-off by foreign investors.
THE Ayala and Yuchengco groups have approved the merger of their education businesses valued at around P15.5 billion, with listed firm iPeople, Inc. to be the surviving entity.
ABOITIZ Construction, Inc. (ACI) is setting up an international unit as it plans to expand both its geographic reach and the services it offers.
JAPANESE GAMING tycoon Kazuo Okada reiterated his request for the Philippine Stock Exchange (PSE) to investigate Asiabest Group International, Inc. (ABG) for its allegedly misleading disclosures on its share purchase agreement with Tiger Resort Asia Ltd. (Tiger Asia).
THE property unit of DMCI Holdings, Inc. has almost sold out its condominium development in Pasig City, bringing in more than P7.52 billion in sales.
SM PRIME Holdings, Inc. will be unveiling its newest office building in the Mall of Asia complex in Pasay City this Friday, alongside the topping off of its other office project in the area.
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