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Historically low valuation

The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

La Salle s Canino comes to UAAP game day with right arm injury

After days of speculation online, DLSU Lady Spikers ace Angel Canino showed up to game day in the UAAP Season 86 women’s volleyball tournament on Thursday at the Mall of Asia Arena with a sling on her right arm, alluding to a potential arm injury......»»

Category: sportsSource:  philstarRelated NewsApr 4th, 2024

OceanaGold listing moved to May 13

OceanaGold (Philippines) Inc. moved its stock market debut by six days to May 13 from its original plan of May 7 after the Philippine Stock Exchange (PSE) board approved the miner’s P7.88 billion listing recently......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Hotel101 moves one step closer to NASDAQ SPAC listing

Hotel101, the global “condotel” subsidiary of Injap Sia’s Double Dragon, announced that it signed a definitive merger agreement with the British Virgin Island-registered JBSPAC Acquisition Corp., with the intent of listing the merged entity on the NASDAQ stock exchange under the symbol “HBNB”......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

DoubleDragon unit Hotel101 Global readies US listing

Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of DoubleDragon Corp., has firmed up its planned listing in the United States through a merger with a special purpose acquisition company JVSPAC Acquisition Corp......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

MVP: Tollways listing still possible this year

Tycoon Manuel V. Pangilinan is hoping there would be no delays in the planned listing of a mega tollways joint venture company with San Miguel Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Wildflour takes $15-M investment at P3.4-B valuation

The Wildflour Hospitality Group took a US $15 million investment from private equity firm KV Asia Capital for 25% of WHG......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Better data, resource valuation needed for Southeast Asian wetlands — ACB

Wetlands, such as rivers, lakes, peatlands, marshes, mangrove forests, seagrass meadows, mudflats, and shallow coral reefs, are considered the "kidneys of the Earth" because of their capacity to purify the soil and provide drinking water to communities......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Rama padayon sa social media arm sa City Hall

Rama padayon sa social media arm sa City Hall.....»»

Category: newsSource:  sunstarRelated NewsMay 16th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

GCash lending arm Fuse empowers underbanked Filipinos with P118 billion loans disbursed

Fuse Lending Inc., the credit arm of GCash, surpasses the P118 billion mark in life-to-date disbursed loans through the country’s number one finance app as of the end of 2023. This puts both institutions well on their way toward their shared mission of financial inclusion......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

ALI’s affordable housing arm takes lead in smart solutions

Amaia Land, the affordable housing arm of property giant Ayala Land Inc., is taking the lead within the ALI business units in providing innovative residential solutions as it is set to unveil a groundbreaking advancement in modern living......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Church’s social arm doubt sincerity in Philippine land reform program

Church’s social arm doubt sincerity in Philippine land reform program.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

PLDT arm strengthens tieup with Tarlac rural bank

The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

PLDT arm strengthens partnership with tarlac rural bank

The business arm of PLDT Inc. has strengthened its partnership to further boost the digitalization journey of Signabank Rural Bank of Sta. Ignacia based in Tarlac......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

JG Summit RE arm makes milestone in solar rooftop

Merbau Corp., the renewable energy arm of conglomerate JG Summit Holdings Inc., has inaugurated its 13.81-megawatt peak roof-mounted solar power project in Batangas City, which is considered as the biggest consumer-driven rooftop solar installation in the country......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Puregold keeps rank as 9th most valuable brand in Philippines

Puregold, the flagship retail chain of businessman Lucio Co, has emerged as the only retailing business on the list of the Philippines’ most valuable brands, according to a report by London-based independent brand valuation consultancy firm Brand Finance......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

BOC rakes in P73 billion in revenues in January

The Bureau of Customs is off to a good start this year after it collected P73 billion in revenues in January on enhanced valuation and improved trade facilitation......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

NICE, Ganda! NICE, SARAP! McDonald’s comes out with oh-so-satisfying Chicken McDo

Summary: McDonald’s Introduces Bigger, Juicier, and Crispier Chicken McDo McDonald’s has unveiled an enhanced version of its beloved Chicken McDo, promising a more satisfying and flavorful experience for chicken enthusiasts. The new and improved Chicken McDo boasts larger and juicier cuts, coupled with a revamped breading process that results in a crispier and flakier skin. This upgrade aims to elevate the dining experience, ensuring that every bite is succulent and fulfilling. In addition to the enhanced chicken offering, McDonald’s is also introducing value-packed meal options to cater to different preferences. Customers can indulge in the 1pc Chicken McDo with DOUBLE Rice for a hearty and filling meal, or opt for the 1pc Chicken McDo with McFloat for a refreshing accompaniment. The reimagined Chicken McDo has garnered praise from renowned personality Vice Ganda, who has expressed her delight with the improvements. McDonald’s has made the new Chicken McDo available for dine-in, take-out, drive-thru, and delivery, ensuring that customers can savor its delectable taste at their convenience. For those eager to explore more exciting deals and promotions related to the Chicken McDo, McDonald’s encourages users to download the McDonald’s App and McDelivery App, and stay updated on social media platforms such as Instagram and Facebook. Overall, McDonald’s Chicken McDo aims to satisfy cravings with its bigger, juicier, and crispier appeal, offering a delectable chicken experience that can be enjoyed anytime, anywhere......»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

BPI unit targets to onboard more wealthy clients

The wealth management arm of Ayala-led Bank of the Philippine Islands (BPI) aims to onboard more clients with high to ultra-high net worth by the end of the year......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024