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Spooking investors

Thanks to the mad rush to amend the Constitution, the 38th anniversary of the people power revolt had a rallying point, with commemorative events drawing crowds larger than in previous years......»»

Category: newsSource: philstar philstarFeb 26th, 2024

More investors interested in NAIA funding, says Ang

More potential investors, including those who unsuccessfully bid, have expressed interest in participating in the 15-year contract to operate and upgrade the Ninoy Aquino International Airport, the project’s winning proponent said......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

US inflation, BSP action on investors radar this week

The stock market will attempt to sustain its momentum this week as investors look to get inspiration from upcoming US economic data and the policy rate-setting meeting of the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Stocks snap 3-day rally as investors take profits

Local stocks took a breather yesterday, ending a three-day rally as investors cashed in on the market’s recent gains......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

SEC wants to lock-up cornerstone investors in IPOs to prevent rugpulls

The SEC released a draft memorandum for comment last week which looks to regulate how “cornerstone investors” may participate in IPOs going forward......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Ecozone regulator wooing more Japan investors

The Philippine Economic Zone Authority is eyeing to grow investments from Japanese investors to as much as P80 billion this year, as it continues to be aggressive in its investment promotion efforts in the East Asian market......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Bank of Commerce raises P6.57 billion from bond offering

San Miguel-led Bank of Commerce has raised P6.57 billion in its second foray into the domestic debt market, as institutional and retail investors swarmed its peso bond offering......»»

Category: financeSource:  philstarRelated News9 hr. 33 min. ago

Stocks end week lower as investors digest Q1 data

Investors preferred to err on the side of caution yesterday, dragging down the market to its second consecutive loss......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2024

Below target growth dampens market

The stock market plunged yesterday as the below target economic expansion in the first quarter did not sit well with investors......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

‘Foreign ownership won’t affect local ad industry’

The entry of foreign investors will not adversely affect local creatives employed in the advertising industry, a Senate committee hearing on economic Charter change learned yesterday......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

SPNEC confirms plans to sell 40% stake in Terra Solar project to foreign investors

SP New Energy, now a Meralco subsidiary under Manny V. Pangilinan’s chairmanship, confirmed reports that it plans to sell “up to 40% equity stake in the Terra Solar” project......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Stocks snap 6-day win streak

The stock market snapped its six-day winning streak yesterday as investors opted to pocket gains......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Ridgewood Premier Hotel to open doors in mid-2024

Ridgewood Premier Hotel is set to open its doors by the middle of the year, with very few units still up for grabs for prospective investors......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Bargain hunting lifts shares anew

Share prices sustained its rally yesterday on continued bargain hunting among investors......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

‘Unjust’ remarks vs Chinese students hit

“Unjust” and negative statements made by politicians regarding the presence of Chinese students in Cagayan contradict the Philippines’ efforts to attract Chinese tourists and investors, according to the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Pomelo bags spot for ‘promising fintech companies’

This development follows reports that Pomelo has successfully secured $35 million in venture capital from multiple investors, coupled with a substantial $75 million expansion of its warehouse facility......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Investors pour over $700 million into Philippine digital banks

Global and local investors have poured over $700 million (around P40 billion) into the country’s digital banking sector to support the industry’s growth and potential to reshape the online financial landscape......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Index closes flat on lack of market-moving news

The stock market opened the week with minimal gains as investors waited for catalysts......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

NEDA touts Philippines as ideal investment destination

The National Economic and Development Authority is urging investors to consider the Philippines for their expansion plans, given reforms to improve the country’s investment climate and available opportunities......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Newly-established airline to serve BARMM air routes

A new airline will start operating in the Bangsamoro region on April 24, which is poised to stimulate economic activity and attract external investors to explore viable business opportunities in the area......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Market sustains uptick on bargain hunting

The stock market sustained its uptick for a second straight session yesterday on another round of bargain hunting among investors......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024