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Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake
Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»
Stocks advance anew on rosy corporate earnings
Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment......»»
REDC anchor investor buys secondary share stake
This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»
Market extends winning streak
The stock market surged anew yesterday, extending its winning streak to a fifth session, as investor sentiment was boosted by the latest local unemployment data and positive cues from Wall Street overnight......»»
Market extends rally on positive investor sentiment
The stock market extended its rally to a fourth straight session yesterday, buoyed by positive cues from both domestic and abroad, analysts said......»»
Axelum to expand global reach
With the entry of Manuel V. Pangilinan-led Metro Pacific Investments Corp. as a strategic investor, Axelum Resources Corp. is now looking to embark on a strategic program that includes expanding its global reach and product portfolio to anchor long-term growth......»»
May, not March
Last Wednesday, equities dropped as Federal Reserve (Fed) Chair Jerome Powell dashed investor hopes for a March rate cut. Last Friday, despite better-than-expected US nonfarm payrolls and robust wage growth which typically usher in higher interest rates, the Dow and the S&P 500 were not deterred from hitting new all-time highs......»»
Vista Land $2-B bond sale withdrawn due to lack of interest
Bilyonaryo reported that Manny Villar’s Vista Land and Lifescapes is walking away from its bond sale due to lack of investor demand......»»
Go pushes reforms to address concerns
The newly created Office of the Special Assistant to the President for Investment and Economic Affairs is spearheading programs and reforms to address investor concerns and streamline processes......»»
Treasury raises P120 billion from T-bonds
The government raised the entire program of P120 billion in long-term securities this month amid the downtrend in investor asking rates......»»
Ayala Corp. is interested in selling LRT-1 stake to Villar Group
Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp. to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»
SEC Statement on the Hack of Our X Account and the Subsequent False Bitcoin ETF Approval Announcement
Title: SEC Collaborates with Law Enforcement to Combat Threats Promptly In a bid to ensure investor protection and maintain market integrity, the U.S. Securities and.....»»
FDI inflow down 17.5% in 10 months
The net inflow of foreign direct investments fell by 17.5 percent from January to October 2023, reflecting the adverse impact of persistent inflationary pressures and slowing global growth prospects on investor sentiment......»»
Alleged informant in leaked PDEA docs is dead — dela Rosa
MANILA, Philippines – Senator Ronald “Bato” Dela Rosa revealed that the confidential informant tagged in the alleged leaked Philippine Drug Enforcement Agency (PDEA) documents is already dead. Dela Rosa said the informant was identified as a certain “Ian” based on information he received from former PDEA agents. “Ang pangalan ng confidential informant na yan naglaglag.....»»
Woman shot dead by former live-in partner due to ‘jealousy’
Woman shot dead by former live-in partner due to ‘jealousy’.....»»
Carpenters in Sibonga fight over unreturned borrowed work tools, 1 found dead
CEBU CITY, Philippines — A 60-year-old carpenter was found dead at a dried-up riverbed in Sibonga town, southern Cebu on early Thursday morning, May 2, after engaging in a fistfight with a colleague over borrowed work tools which the victim allegedly did not return the night before. The colleague, accused of being responsible for the.....»»
2 found dead in Quezon City home
Two people were found dead in their house in Quezon City on Wednesday night......»»
3 dead, 17 injured in multi-vehicle crash in Manila
3 dead, 17 injured in multi-vehicle crash in Manila United News of India.....»»
14-year-old girl killed in Talisay: Mom appeals to suspect-son to give up
CEBU CITY, Philippines — The mother of the man, who accidentally shot dead his 14-year-old sister, is appealing to him to surrender. “Pakita na tawon dong … kay magtagotago ka, mosamot lang hinuon ang problema nimo,” said the mother during an interview on April 30 at the wake of her dead daughter in the basketball.....»»
Minor shoots dead cop-dad
A police officer was allegedly shot dead by his seven-year-old son at their home in Sagay City, Negros Occidental on Saturday......»»