7-Eleven nets P1.4B
PHILIPPINE Seven Corp. reported a profit of P1.44 billion last year, down 5.6 percent from the prior year’s P1.53 billion, citing accounting adjustments.
“Upon exclusion...
Demand for chips for medical equipment surges
CIRTEK Holdings Philippines Corp. said it is experiencing a surge in orders for chips used in medical-related equipment.
Jorge Aguilar, Cirtek vice chairman, said the...
FDC redeems $300M debt
Filinvest Development Corp. (FDC) has redeemed a $300 million dollar-denominated debt.
The fixed-rate seven-year bonds issued on April 2, 2013 had a coupon rate of 4.25...
SEC stops Payasian’s crytocurrency operations
THE Securities and Exchange Commission (SEC) said it has issued a cease and desist order on Payasian Pte. Ltd. Corp.’s campaign to attract cryptocurrency...
SM Prime, RCBC raise funds
Firms proceeded with their planned fund raising despite the rising concerns over the impact of the coronavirus diseases 2019.
SM Prime Holdings Inc. said it...
Firms augment alcohol supply
San Miguel Corp. (SMC) is increasing the production of 70-percent ethyl alcohol while Tanduay Distillers Inc. has started the production of ethyl alcohol.
SMC said...
Stocks gain, peso down
Share prices ended up Wednesday as investors took to overseas leads to trade the market.
The Philippine Stock Exchange index (PSEi) was up 253.49 points...
Lenders told to set up COVID relief measures: SB CORP. OPENS P1B LOAN WINDOW
- with Irma Isip
THE Securities and Exchange Commission (SEC) said lending and financing companies should adopt measures that will help borrowers cope with the...
Raw material supplier secures inventory
D&L Industries Corp. said it has secured at least a 100-day inventory of requirements to continue its operation amid what it calls a “less...
Stocks, peso fall
Share prices ended lower Monday as investors continued to digest the developments related to the COVID-19 epidemic.
The Philippine Stock Exchange index was down 35.39...
