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Richmond Mercurio
Richmond Mercurio
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Megawide's PH1 to unveil low-cost mid-rise housing
by Richmond Mercurio - January 27, 2025 - 12:00am
PH1 World Developers, the real estate arm of Megawide Construction Corp., targets to introduce this year a low-cost mid-rise project to further address the gaps in the Philippine housing market.
SEC, IFC team up for sustainable finance
by Richmond Mercurio - January 27, 2025 - 12:00am
The Securities and Exchange Commission is joining forces with the International Finance Corp. to accelerate sustainable finance in the country.
Tight range for trading this week
by Richmond Mercurio - January 27, 2025 - 12:00am
The local stock market is seen trading within a tight range with a slight downward bias this week as investors wait for fresh catalysts.
DigiPlus doubles users in 2024
by Richmond Mercurio - January 25, 2025 - 12:00am
Digital entertainment company DigiPlus Interactive Corp. continues to attract more players in the country, doubling its registered users last year.
ALI construction arm spearheads sustainable devopment
by Richmond Mercurio - January 24, 2025 - 12:00am
Ayala Land Inc.’s construction arm Makati Development Corp. is spearheading sustainable construction with the country’s first electric vehicle heavy equipment and charging station.
Syquia named new CFO of Ayala Corp
by Richmond Mercurio - January 24, 2025 - 12:00am
Bank of the Philippine Islands executive vice president and head of institutional banking Juan Carlos Syquia is next in line to lead the financial team of the country’s oldest conglomerate, Ayala Corp.
Wall Street gains buoy local stocks
by Richmond Mercurio - January 24, 2025 - 12:00am
The local stock market sustained its winning ways on positive cues from Wall Street’s overnight performance.
Revitalizing PERA: DragonFi breathes new life into retirement savings
by Richmond Mercurio - January 24, 2025 - 12:00am
DragonFi Securities Inc., the stock brokerage arm of Edgar “Injap” Sia’s DoubleDragon Corp., is poised to revitalize the government’s Personal Equity and Retirement Account program, with...
Top Line eyes much lower proceeds from IPO
by Richmond Mercurio - January 23, 2025 - 12:00am
Top Line Business Development Corp. is looking to raise about P900 million from its upcoming initial public offering eyed in the second quarter, significantly lower than the previously targeted proceeds of as much...
CLI earmarks P12 billion for maiden Luzon projects
by Richmond Mercurio - January 23, 2025 - 12:00am
Cebu Landmasters Inc., a listed real estate developer focused in the Visayas and Mindanao, is preparing to spend P12 billion for its maiden projects in Luzon.
Stocks snap two-day slide
by Richmond Mercurio - January 23, 2025 - 12:00am
Share prices inched up following cues from US equities, snapping the local market’s two-day slide.
TV5 finally primed up for profitability
by Richmond Mercurio - January 23, 2025 - 12:00am
TV5 Network Inc. expects to finally put an end to years of bleeding, with its first profitable year under the Pangilinan group potentially happening this 2025.
PSEi tumbles on Trump protectionist stance
by Richmond Mercurio - January 22, 2025 - 12:00am
Investors continued to trade cautiously after hearing US President Donald Trump’s inauguration speech, sending the local stock market to a second straight day of decline.
Megawide earmarks P2 billion for capex this year
by Richmond Mercurio - January 21, 2025 - 12:00am
Infrastructure and engineering company Megawide Construction Corp. is allocating around P2 billion this year to bankroll various projects.
Consunjis see profitability for Cemex in 2-3 years
by Richmond Mercurio - January 21, 2025 - 12:00am
The new leadership of Cemex Holdings Philippines (CHP) is looking at a couple more years before achieving a complete turnaround of the listed cement maker’s financial performance.
Market slips as investors await Trump inauguration
by Richmond Mercurio - January 21, 2025 - 12:00am
The local stock market finished slightly lower yesterday as investors stayed on the sidelines while waiting for the inauguration of US President Donald Trump.
PSE further hikes stake in PDS
by Richmond Mercurio - January 21, 2025 - 12:00am
The Philippine Stock Exchange Inc. (PSE) has secured additional stake in the Philippine Dealing System Holdings Corp. (PDS) as part of efforts to acquire up to 100 percent of the holding company that owns the Philippine...
Wilcon building more branches, renovating legacy stores
by Richmond Mercurio - January 20, 2025 - 12:00am
Home improvement and construction supplies retailer Wilcon Depot Inc. plans to put up more stores this year, while also improving some of its legacy stores to cater to its customers’ evolving needs.
New Megaworld townships to launch in Luzon, Visayas
by Richmond Mercurio - January 20, 2025 - 12:00am
Property giant Megaworld Corp. is expanding its portfolio of integrated developments outside Metro Manila with at least two more townships planned for launch this year.
DoubleDragon boosting war chest with P51 billion fund-raising initiatives
by Richmond Mercurio - January 20, 2025 - 12:00am
DoubleDragon Corp., the listed property developer owned by Edgar “Injap” Sia II and Tony Tan Caktiong, is bolstering significantly its war chest with capital-raising initiatives worth P51.3 billion planned...
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