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Richmond Mercurio
Richmond Mercurio
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New SEC guidelines seen to power up energy sector
by Richmond Mercurio - October 8, 2024 - 12:00am
SEC Commissioner Javey Paul Francisco said the commission, as the national regulatory agency mandated to regulate the capital market, is “bringing a potent source of financing closer to energy companies”...
Shari’ah-compliant listed firms grow to 56
by Richmond Mercurio - October 7, 2024 - 12:00am
More listed companies were found Shari’ah-compliant by the Philippine Stock Exchange (PSE) in its latest review.
GCash catches eye of JPMorgan CEO
by Richmond Mercurio - October 7, 2024 - 12:00am
Innovations at Ayala-backed e-wallet pioneer GCash have caught the eye of no less than the head of financial powerhouse JPMorgan.
Upside bias for stocks this week
by Richmond Mercurio - October 7, 2024 - 12:00am
Share prices may continue their climb this week, with investors riding high on the momentum of a slower-than-expected September inflation.
IMI trims global operations to boost profitability, efficiency
by Richmond Mercurio - October 6, 2024 - 12:00am
Ayala-led Integrated Micro-Electronics Inc. is streamlining its operations through various global restructuring initiatives to boost profitability and operational efficiency.
Jaime Alfonso Zobel joins IIPCC as private sector representative
by Richmond Mercurio - October 6, 2024 - 12:00am
Jaime Alfonso Antonio Eder Zobel de Ayala, the son of Ayala Corp. chairman Jaime Augusto Zobel de Ayala, is joining the Inter-Agency Investment Promotion Coordination Committee as a private sector representativ...
Vista Land raises P3 billion from preferred shares offer
by Richmond Mercurio - October 5, 2024 - 12:00am
Vista Land & Lifescapes Inc., the listed property developer of the Villar Group, has raised P3 billion in its return to the equities market.
AC Health building new facility to boost efficiency
by Richmond Mercurio - October 5, 2024 - 12:00am
Ayala Healthcare Holdings Inc. (AC Health) is expanding its pharma importation businesses with the construction of a new warehouse at the Cavite Technopark.
10 firms gearing up for IPOs next year
by Richmond Mercurio - October 5, 2024 - 12:00am
Some 10 companies are seen undertaking their initial public offerings (IPO) next year on the back of better market conditions, BDO Capital & Investment Corp. president Eduardo Francisco said.
Slower-than-expected September inflation buoys stocks
by Richmond Mercurio - October 5, 2024 - 12:00am
The stock market soared to a new high in more than two years as the country’s inflation dropped to over four-year low in September.
Robinsons investing over P10 billion for hotel development
by Richmond Mercurio - October 4, 2024 - 12:00am
Robinsons Land Corp.’s hospitality arm is investing over P10 billion in hotel development over the next few years to boost its portfolio by about 1,000 room keys.
mWell boosts access to physical therapy services
by Richmond Mercurio - October 4, 2024 - 12:00am
Metro Pacific Investments Corp. digital healthcare platform mWell has partnered with Physiare Physical Therapy Center to enhance access to physical therapy services in the country.
Escalating ME conflict weighs heavy on PSEi
by Richmond Mercurio - October 4, 2024 - 12:00am
Rising tensions in the Middle East weighed on the local stock market yesterday.
Stocks up amid rising Middle East tensions
by Richmond Mercurio - October 3, 2024 - 12:00am
The local stock market held its ground yesterday amid concerns over rising tensions in the Middle East, finishing higher for a second straight session.
Golden MV gets prime land in Villar City for P5.2 billion
by Richmond Mercurio - October 2, 2024 - 12:00am
Golden MV Holdings Inc. led by tycoon Manuel Villar Jr. has acquired about 400 hectares of land in the tycoon’s 3,500-hectare Villar City for P5.2 billion.
Aboitiz family member to lead real estate unit
by Richmond Mercurio - October 2, 2024 - 12:00am
A member of the Aboitiz family will once again take the helm of its real estate subsidiary starting next year.
Stocks rebound after huge sell-off
by Richmond Mercurio - October 2, 2024 - 12:00am
The stock market bounced back after a huge sell-off on Monday, snapping its two-day losing skid.
Profit-taking drags down stocks anew
by Richmond Mercurio - October 1, 2024 - 12:00am
A fresh round of profit-taking dragged share prices down to start the week as investors continued to cash in on their gains.
Quezon City inks housing deal with 8990
by Richmond Mercurio - October 1, 2024 - 12:00am
Listed affordable housing developer 8990 Holdings Inc. has entered into a housing deal with the Quezon City government to provide 2,700 homes to local government employees and informal settlers.
Japan firm taking 6.6 percent stake in MPTC for P12 billion
by Richmond Mercurio - September 30, 2024 - 12:00am
A Japanese joint venture is set to take a 6.6-percent stake in Metro Pacific Tollways Corp. (MPTC) as part of a P12-billion deal with conglomerate Metro Pacific Investments Corp. (MPIC).
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