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Richmond Mercurio
Richmond Mercurio
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Golden MV gets stockholders’ nod for corporate name change
by Richmond Mercurio - December 25, 2024 - 12:00am
Listed Golden MV Holdings Inc. of tycoon Manuel Villar Jr. is all set for its corporate name change after obtaining the approval of the company’s stockholders.
SEC readies rules on crypto-assets service providers
by Richmond Mercurio - December 24, 2024 - 12:00am
The Securities and Exchange Commission has issued its draft guidelines that will govern the conduct of crypto-assets service providers in the country.
GT Capital ushering in 2025 with leadership changes in Federal Land
by Richmond Mercurio - December 24, 2024 - 12:00am
GT Capital Holdings Inc., the listed holding company of the Ty Group, is ushering in the New Year with key leadership role changes in its property arm Federal Land Inc.
Bargain-hunting brings holiday cheer to market
by Richmond Mercurio - December 24, 2024 - 12:00am
Investors brought some holiday cheer to the local stock market ahead of a two-day break.
Mang Inasal grilling up for aggressive expansion
by Richmond Mercurio - December 23, 2024 - 12:00am
Mang Inasal, Jollibee Group’s casual dining brand, is cooking up an aggressive expansion plan that will see its store network in the country nearly double by the end of the decade.
Muted trading seen this week
by Richmond Mercurio - December 23, 2024 - 12:00am
Muted trading in the local stock market is expected in this shortened trading week as investors may continue to digest the rate cut projections of both the Bangko Sentral ng Pilipinas (BSP) and the Federal Rese...
Ayala Group teams up with DepEd, Khan Academy
by Richmond Mercurio - December 22, 2024 - 12:00am
The Ayala Group is teaming up with the Department of Education and Khan Academy to boost the key competencies of learners in the country.
Okada Manila to eliminate single-use plastic bottles
by Richmond Mercurio - December 22, 2024 - 12:00am
Okada Manila partnered with Swedish firm Nordaq to elevate its sustainability initiatives by getting rid of single-use plastic bottles.
Hasmadai barred from soliciting investments
by Richmond Mercurio - December 22, 2024 - 12:00am
The Securities and Exchange Commission has ordered the Hasmadai Group to permanently stop from conducting unauthorized investment solicitation activities.
FLI’s P12 billion bond issue gets highest rating
by Richmond Mercurio - December 21, 2024 - 12:00am
Philippine Rating Services Corp. (PhilRatings) has assigned the highest rating to the P12 billion issuance of Gotianun-led Filinvest Land Inc.
Rate cut, bargain hunting end market slump
by Richmond Mercurio - December 21, 2024 - 12:00am
The local stock market snapped its seven-day losing streak as investors found inspiration from the Bangko Sentral ng Pilipinas (BSP)’s latest policy rate cut.
PSE warns vs scheme using name of subsidiary CMIC
by Richmond Mercurio - December 20, 2024 - 12:00am
The Philippine Stock Exchange Inc. is warning the public against a solicitation scheme using the name of its subsidiary, Capital Markets Integrity Corp.
Ferronoux acquiring P4.3 billion property adjacent to Okada Manila
by Richmond Mercurio - December 20, 2024 - 12:00am
Ferronoux Holdings Inc., a listed company led by Michael Cosiquien, is set to acquire parcels of land adjacent to the Okada Manila integrated casino resort in Parañaque City worth P4.3 billion in a property-for-share...
FLI pushing through with P12 billion bond issue
by Richmond Mercurio - December 20, 2024 - 12:00am
Filinvest Land Inc., the Gotianun family’s listed property developer, is tapping the bond market anew as it looks to raise as much as P12 billion from a fresh round of bond offering.
SM Prime raising P25 billion from bond offer
by Richmond Mercurio - December 20, 2024 - 12:00am
SM Prime Holdings Inc., the integrated property developer of the Sy family, targets to raise another P25 billion from a planned bond offering to fund its upcoming investments and refinance debt.
Stocks down, peso pierces 59:$1
by Richmond Mercurio - December 20, 2024 - 12:00am
The local stock market took its cues from US equities, extending its decline to seven consecutive sessions as it plunged back to the 6,300 level.
SEC expands footprint, opens extension office in Lipa
by Richmond Mercurio - December 19, 2024 - 12:00am
The Securities and Exchange Commission is providing businesses in the regions with greater access to its services with the continuing expansion of its offices.
EEI to raise P6 bilyon for real estate, power projects
by Richmond Mercurio - December 19, 2024 - 12:00am
EEI Corp. is raising P6 billion via the issuance of preferred shares to finance its real estate and power projects.
Market drops for 6th straight session
by Richmond Mercurio - December 19, 2024 - 12:00am
Investors continued to play the waiting game yesterday, pulling the market down to its sixth consecutive day of losses.
Ayala secures P3.1 billion loan from ING for Philppine health care
by Richmond Mercurio - December 19, 2024 - 12:00am
Ayala Corp., the country’s oldest conglomerate, is poised to ramp up its investments in advancing healthcare growth in the Philippines after securing a social loan from Dutch financial giant ING amounting to...
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