MANILA, Philippines — City & Land Developers Inc. has moved a step closer toward its exit from the Philippine Stock Exchange (PSE) via a merger with its parent firm, Cityland Development Corp. (CDC). This, after securing clearance from the Philippine Competition Commission (PCC). In a regulatory filing on Wednesday, CDC said the antitrust body had
MANILA, Philippines – Now with enough capital to continue operating, broker-dealer Globalinks Securities and Stocks Inc. may resume operations. This, after the market regulation arm of the Philippine Stock Exchange lifted Globalinks’ involuntary suspension. In a memorandum on Tuesday, Capital Markets Integrity Corp. (CMIC) said it had received documents from Globalinks. These showed proof of
MANILA, Philippines – Developer Megaworld Corp. will spend P3.4 billion to expand three of its townships across the country, banking on the strength of its provincial projects to drive growth. In a regulatory filing on Monday, Megaworld said it would reinvest the proceeds raised from selling its shares in its real estate investment trust (REIT)
MANILA, Philippines — Maddie Madayag and Thang Ponce held the fort for the all-Filipino Choco Mucho, which continues to miss the services of American import Marlee Smith in the PVL Reinforced Conference Madayag was a two-way force, posting 18 points, including the clutch hits and game-winning ace, with six blocks as the Flying Titans beat
MANILA, Philippines – Investors went on a shopping spree for cheap stocks on Monday, ending the local stock barometer’s brief stay in the red. By the end of the session, the benchmark Philippine Stock Exchange Index had added 0.24 percent, or 14.54 points, to close at 6,052.33. READ: Weak peso pulls PSEi down Meanwhile, the
MANILA, Philippines — Partner-sites of Malampaya Foundation Inc. (MFI) bagged multiple awards in the recently concluded 2025 Para El Mar Awards. These were conferred by the Marine Protected Areas (MPA) Support Network. Ranzo Fish Sanctuary in Pinamalayan, Oriental Mindoro claimed first place; Pulong Bato Fishery Refuge and Sanctuary in Isla Verde, Batangas City secured second
MANILA, Philippines — Alfamart Philippines, the minimart chain of the SM group, has recently launched its franchising program. This opens doors for micro, small, and medium enterprises (MSMEs) to grow alongside Alfamart’s nationwide expansion. The pilot began in Laguna with two franchise-owned stores. The first was launched with Leovino C. Datario, a long-time Alfamart landlord, in
DAVAO CITY, Philippines — Aboitiz-owned Davao Light and Power Co. is allotting P1 billion to acquire the energy assets of Northern Davao Electric Cooperative, Inc. (Nordeco) following the government’s green light to take over the latter’s franchise area. Talking to reporters, Davao Light president and chief operating officer Enriczar Tia said the company had initially
MANILA, Philippines—In an unusual feat, Ginebra guard RJ Abarrientos won a Rookie of the Year award for the second time in his professional career. Abarrientos was named PBA’s top rookie in Sunday’s PBA Leo Awards, two years after winning his first in the Korean Basketball League (KBL) for the Ulsan Hyundai Mobis Phoebus, where he
MANILA, Philippines–Joshua Munzon collected two trophies at the PBA Leo Awards on Sunday, a proof of his steady rise into one of the league’s top players. “With more opportunities that I got, I was able to show what I can do,” Munzon told The Inquirer after winning the Most Improved Player while also making the
