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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 Global given 6 months to avoid involuntary delisting

The PSE gave notice to Metro Global Holdingsthat it has six months to increase its public float above 10% to comply with the PSE’s Minimum Public Ownership (MPO) rule or be “automatically delisted” from the stock exchange.
Stock Commentary

AREIT maintains dividend dominance

AREIT declared a Q4/23 dividend of P0.55, payable on March 20 to shareholders of record as of March 4.
Stock Commentary

Ayala Land FY23 profit up 32% to P24.5-B

Ayala Land teased its full-year financial performance in a press release where it revealed that its FY23 profitability increased 32% to P24.5 billion.
Stock Commentary

What impact could a potential POGO ban have on the REITs?

I got this question in response to news that the House of Representatives approved two measures that seek to ban POGOs in the Philippines. POGOs, or Philippine Offshore Gaming Operators, are licensed and monitored by the Philippine Amusement and Gaming Corp., and have been controversial since their presence exploded during Rodrigo Duterte’s term as president.
Stock Commentary

AyalaLand Logistics to begin construction on 3 cold storages this year

AyalaLand Logistics said that it will begin construction on three cold storages in 2024, with one facility in Luzon and the other two in VisMin.
Stock Commentary

Larry Summers warns that the 'war' vs inflation might not be over

Citicore Renewables officially moves IPO to next quarter

So can people do short-selling or not?

San Miguel consortium wins P171-B NAIA operations, rehab project

Quick look at the week ahead

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