Philippine stocks rose for a third consecutive trading day ahead of key inflation report. The 30-company Philippine Stock Exchange index climbed 21.36 points, or 0.32...Premium Lands Corp. (PLC) said it plans to transform the dormant listed firm Asiabest Group International Inc. (ABG) into a holding company engaged in...Food chain operator Jollibee Foods Corp. said it is acquiring a 70-percent stake in Tien Hsia Sheng Co. Ltd. (Moon Moon Food) which operates...
Property developer Robinsons Land Corp. (RLC) named Maria Socorro Isabelle Aragon-GoBio as its new president and chief executive effective Feb. 1, 2025. Lance Gokongwei, the...Philippine stocks are expected to trade sideways this week ahead of the release of December inflation data, which will be a key indicator for...The demand for green, healthy and sustainable office spaces will significantly increase over the next three years, according to real estate consultancy firm Colliers...Philippine stocks rose for the second straight day to close above 6,600 level on continued bargain-hunting. The 30-company Philippine Stock Exchange index ended the week...Mining firm United Paragon Mining Corp. (UPM) is in talks with a potential partner to address its negative shareholder equity. UPM said in a disclosure..
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Philippine Stocks Rise as Peso Falls on First Trading Day of 2025Philippine stocks opened 2025 with a slight gain, while the peso weakened against the US dollar on Thursday. Trading volumes were low as many investors remained on holiday break. President of the Philippine Stock Exchange expressed optimism about the market's performance for the year.
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Philippine Stocks Rise, Peso Falls on Thin Trading as Investors Return from HolidaysPhilippine stocks experienced a slight increase on the first trading day of 2025, while the peso depreciated against the US dollar. Trading volume remained low as investors were still returning from the holiday break.
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Philippine Stocks Rise, Peso Falls on First Trading Day of 2025Philippine stocks edged up on the first trading day of 2025, while the peso weakened against the US dollar. Trading was thin as many investors remained on holiday break.
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Philippine Stocks Rise Ahead of Inflation ReportThe Philippine Stock Exchange index rose for the third consecutive day, boosted by anticipation of the December inflation report. The market also reacted positively to the recovery of US stocks after a five-day decline.
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Philippine Stocks Drop on Heavy Foreign Selling Ahead of Central Bank MeetingsThe Philippine stock market continued its downward trend, influenced by regional declines and heavy foreign selling, particularly before the US Federal Reserve's policy meeting. The Philippine Stock Exchange index fell 0.50 percent, while the peso weakened against the US dollar. Analysts attributed the decline to foreign investors re-allocating funds and anticipating potential policy rate cuts by the Bangko Sentral ng Pilipinas.
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