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A portal of daily newspapers covering Philippine news headlines, business, lifestyle, advertisement, sports and entertainment. Also delivers Manila and Cebu news.


Metro Pacific tender offer closes with MPI Consortium owning 97.22% of outstanding shares

Metro Pacific disclosed the results of its controversial tender offer yesterday, revealing that the MPI Consortium of bidders was able to acquire 5,464,753,560 MPI shares through the tender offer, equivalent to a 19.04% stake in the company.
Stock Commentary

Quick takes from around the market

Ayala Corp. provided an update on their property dividend of ACEN shares to say that 92% of the dividend has been distributed and that it would push that number up to 96% tomorrow.
Stock Commentary

A quick look at next week

I’m going to be away on leave Monday and Tuesday, so I wanted to give a quick heads-up about the things that will be happening on those days before my next post on Wednesday morning.
Stock Commentary

BSP trying to 'shame' banks into waiving fees for small-value transfers

The Bangko Sentral ng Pilipinas Governor, Eli Remolona, said that it is trying to “shame” other banks into joining BPI, Metrobank, and Union Bank in waiving fees for small-value transfers of up to P1,000.
Stock Commentary

FMETF’s controller disconnected and the PSE had to halt the stock (again)

The PSE’s only exchange-traded fund, First Metro Philippine Equity Exchange Traded Fund, was halted by the PSE at 11:13 a.m. after traders discovered that the iNav had not been updating since 10:30 a.m.
Stock Commentary

Basic Energy auctioned off 450-M of delinquent shares to its owner at a premium

Del Monte Pacific plans US-based IPO of Del Monte Foods by Q1/24

San Miguel applies for shelf registration of P65-B preferred share offering

SEC orders Holcim to conduct a second tender offer

Bright Kindle twitches to life with P50-M property dividend

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