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PLDT buys 35% of Meralco unit
Telco giant PLDT Inc. is showing no signs of slowing down its broadband expansion, this time investing P2.12 billion to acquire more than a third of shares in a sister subsidiary......»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
GSIS taps Maya for payments
State-run pension fund Government Service Insurance System is expanding its payment channels through a partnership with digital bank Maya Bank Inc......»»
PSE approves listing of GSIS-owned Alternergy preferred shares
Alternergy disclosed that the PSE has approved its application to list the 100 million preferred shares that it sold to the Government Service Insurance System at a price of P14.50/share......»»
GSIS income surges to P113 billion in 2023
The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»
GSIS non-life insurance premiums hit record high P9.8 billion in 2023
State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»
GSIS earmarks P44 million for emergency loans
State-run pension fund Government Service Insurance System has allocated P44 million in emergency loans to members and pensioners affected by the heavy rainfall in Camarines Norte......»»
SSS pushed P300 million into REITs in Q4
Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»
Haute summer: Store openings, pop-up stores solidify Manila’s claim as fashion capital
Here are some updates on new fashion store openings in town that further stake Manila’s claim as a budding global fashion capital, as the “world’s richest man in fashion” Bernard Arnault, Chairman and Chief Executive Officer of Louis Vuitton Moet Hennessy (LVMH), believed Manila would be......»»
ABS-CBN reveals Leandro Leviste as 2nd largest shareholder
ABS-CBN disclosed that LL Holdings, a subsidiary of Leandro Leviste’s private holdco, Countryside Investments Holdings Corp., acquired 76,500,000 shares of ABS equivalent to a 8.5% stake in the former broadcasting giant......»»
Quarters spots at stake in PBA Friday scorcher
Despite recent struggles or even an embarrassing game last time out, the dreams of four aspirants in the tight race for the PBA Philippine Cup playoffs are within reach......»»
Leviste acquires 8.5% stake of ABS-CBN
Entrepreneur Leandro Leviste, founder of renewable energy firm Solar Philippines, purchased P76.5 million worth of shares of ABS-CBN Corp. or 8.5% of the network......»»
BDO: No plan to buy stake in NAIA rehab
The country’s largest bank is confirmed to be one of the lenders that will fund the P170.6-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), but rejected any and all offers to be an investor in the project......»»
Tapales returns
Marlon Tapales, the former unified and two-division world champion, returns to the ring against Nattapong Jankaew of Thailand on May 10 with the WBC Asia Continental super bantamweight title at stake at the Midas Hotel and Casino......»»
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain The Philippine Competition Commission (PCC) is conducting a deeper review of the proposed acquisition by Ayala Corp.’s unit of a substantial stake in North Luzon drugstore chain St. Joseph Drugstore......»»
US House votes for possible TikTok ban if Chinese owners don’t sell
WASHINGTON — The House passed legislation Saturday that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year, but don’t expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign aid package,.....»»
Blockbuster card in Mandaue
A seven-fight, 58-round card called Engkwentro 13 is guaranteed to rock the Mandaue Cultural and Sports Complex on May 1 with a pair of WBO Oriental championships at stake in a double main event featuring undefeated prospects and a former two-time world titlist gunning for another crack at the crown.....»»
Dumam-ag gears up for WBO regional title fight in Mandaue City
CEBU CITY, Philippines — Lorenz “Shotgun” Dumam-ag has been grinding himself in training for his Labor Day regional title duel against ARQ Boxing Stable’s Rami “Sharp” Macado at the Mandaue City Sports Complex. Dumam-ag and Macado’s bout puts the vacant World Boxing Organization (WBO) Oriental flyweight title at stake in the main event of the.....»»
GSIS acquires more shares in RCR
State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»
GSIS raises RCR take to 8.18%
The Government Service Insurance System has increased its stake in the Gokongwei-owned RL Commercial REIT to 8.18% through the purchase of over 790 million shares of RCR over the past 60 days......»»