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Richmond Mercurio
Richmond Mercurio
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SSI, Araneta Properties bare new appointments
by Richmond Mercurio - February 23, 2024 - 12:00am
Specialty retailer SSI Group Inc. and real estate firm Araneta Properties Inc. have announced key executive appointments following recent developments in both companies.
SEC launches online portal for corporate amendments
by Richmond Mercurio - February 23, 2024 - 12:00am
The Securities and Exchange Commission is making it easier for corporations to file amendments to their articles of incorporation or by-laws through a newly launched online portal.
Market extends winning streak
by Richmond Mercurio - February 23, 2024 - 12:00am
Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day.
ALI spending P100 billion for projects this year
by Richmond Mercurio - February 22, 2024 - 12:00am
Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level.
Stocks advance anew on rosy corporate earnings
by Richmond Mercurio - February 22, 2024 - 12:00am
Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment.
Over 100,000 firms suspended
by Richmond Mercurio - February 22, 2024 - 12:00am
Over 100,000 corporations have been suspended by the Securities and Exchange Commission for non-filing of reportorial requirements.
SMIC eyes 60 new Goldilocks stores
by Richmond Mercurio - February 21, 2024 - 12:00am
SM Investments Corp. is poised to put up more Goldilocks stores nationwide this year to bring its total store count to 986 by yearend.
ALI to raise P50 billion in debt capital
by Richmond Mercurio - February 21, 2024 - 12:00am
Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements.
JAZA upbeat on Philippines growth prospects
by Richmond Mercurio - February 21, 2024 - 12:00am
Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year.
Market ends 2-day slump, bounces above 6,800
by Richmond Mercurio - February 21, 2024 - 12:00am
The stock market ended a brief two-day bleeding as it made its way back to the 6,800 territory.
SM Prime set to return to bond market
by Richmond Mercurio - February 20, 2024 - 12:00am
SM Prime Holdings Inc. is returning to the bond market to raise another P100 billion.
Market tumbles below 6,800 amid profit taking
by Richmond Mercurio - February 20, 2024 - 12:00am
The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally.
Oil price hikes seen continuing in H1
by Richmond Mercurio - February 20, 2024 - 12:00am
Consumers should brace themselves for further spikes in fuel costs throughout the first half of the year, as global oil prices are expected to continue their uptrend.
Market rally at risk from profit takers
by Richmond Mercurio - February 19, 2024 - 12:00am
Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark.
Maynilad spending P30 billion for service improvements
by Richmond Mercurio - February 19, 2024 - 12:00am
West Zone concessionaire Maynilad Water Services Inc. is setting aside as much as P30 billion for capital expenditures (capex) this year to continue service improvements amid the ongoing threat of the El Niño...
Mober raises $2 million in seed funding
by Richmond Mercurio - February 15, 2024 - 12:00am
Logistics services provider Mober is accelerating the integration of electric vehicles into its fleet after securing $2 million in seed funding.
ALLHC to launch 3 new cold storage facilities
by Richmond Mercurio - February 15, 2024 - 12:00am
AyalaLand Logistics Holdings Corp. is further boosting its cold storage footprint nationwide with the launching of three new facilities this year.
Market climbs ahead of BSP meeting
by Richmond Mercurio - February 15, 2024 - 12:00am
The stock market climbed for the second straight day ahead of the outcome of the Bangko Sentral ng Pilipinas (BSP) policy meeting.
Globe activates new submarine cable network
by Richmond Mercurio - February 15, 2024 - 12:00am
Globe Telecom Inc. has activated a new submarine cable segment of what is set to be the longest underwater cable in the Philippines.
Ports regulator posts record high revenue
by Richmond Mercurio - February 14, 2024 - 12:00am
The Philippine Ports Authority has posted a new all time high revenue in 2023.
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