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Richmond Mercurio
Richmond Mercurio
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SEC recognized anew for sustainability, good governance initiatives
by Richmond Mercurio - May 4, 2024 - 12:00am
The Securities and Exchange Commission (SEC) has been recognized anew for its sustainability and good governance initiatives.
Gokongwei anchor firms RLC, URC post strong Q1 earnings
by Richmond Mercurio - May 4, 2024 - 12:00am
The property development arm and the food and beverage unit of the Gokongwei Group posted robust earnings in the first quarter as sales improved across all their business divisions.
LT Group optimistic on outlook
by Richmond Mercurio - May 4, 2024 - 12:00am
LT Group Inc. (LTG) of taipan Lucio Tan is keeping a bullish outlook despite expecting some macroeconomic headwinds this year.
Stocks extend losses to 3 days
by Richmond Mercurio - May 4, 2024 - 12:00am
The stock market capped off the week in the red on prevailing inflation concerns.
3 high-profile IPOs won’t take place this year
by Richmond Mercurio - May 3, 2024 - 12:00am
Three high-profile initial public offerings will not happen this year due to unfavorable market conditions.
Stocks dive deeper on inflation concerns
by Richmond Mercurio - May 3, 2024 - 12:00am
The stock market plunged deeper in the red on its return to action following the Labor Day holiday.
Leviste acquires 8.5% stake in ABS-CBN
by Richmond Mercurio - May 3, 2024 - 12:00am
Businessman Leandro Leviste, a son of Sen. Loren Legarda, has acquired a stake in ABS-CBN Corp., the media giant of the Lopez family.
Haus Talk nets P243 million in 2023
by Richmond Mercurio - May 2, 2024 - 12:00am
Listed property developer Haus Talk Inc. saw its earnings jump by 23 percent to P242.6 million last year as revenue expanded by more than half.
AllDay Supermarket earns 22% more in 2023
by Richmond Mercurio - May 2, 2024 - 12:00am
Strong revenues boosted earnings of Villar-led mid-premium supermarket chain AllDay Supermarket to rise by 22.4 percent to P369 million in 2023.
Phinma investing P2 billion for new Davao cement plant
by Richmond Mercurio - May 2, 2024 - 12:00am
The Phinma Group plans to invest about P2 billion to put up a new facility in Davao to further solidify its presence in the cement industry.
BAP selling PDS stake ‘at right conditions’
by Richmond Mercurio - May 2, 2024 - 12:00am
The Bankers Association of the Philippines is keen on selling its stake in the Philippine Dealing System Holdings Corp. to the Philippine Stock Exchange Inc. at the right conditions.
SEC awaits ARTA study on proposed higher fees
by Richmond Mercurio - May 2, 2024 - 12:00am
The Securities and Exchange Commission is ready to implement the proposed hike in charges and fees as soon as it passes the regulatory impact assessment of the Anti-Red Tape Authority.
D&L bonds maintain top credit rating
by Richmond Mercurio - May 1, 2024 - 12:00am
D&L Industries Inc., the country’s leading specialty food ingredients and oleochemicals producer, has maintained the highest credit rating for its outstanding bonds.
Consunji Group maps out recovery plan for Cemex
by Richmond Mercurio - May 1, 2024 - 12:00am
The Consunji Group has mapped out a strategic plan to revitalize listed cement maker Cemex Holdings Philippines.
Bloomberry subsidiaries complete deal with GGAM
by Richmond Mercurio - May 1, 2024 - 12:00am
Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have completed their settlement agreement with casino management firm Global Gaming Philippines LLC following the execution of a block sale amounting...
Ayala Group inks cooperation deal with New Zealand trade agency
by Richmond Mercurio - May 1, 2024 - 12:00am
Conglomerate Ayala Corp. has entered into a cooperation agreement with the New Zealand Trade and Enterprise to explore potential business and collaborative opportunities. The agreement was signed during the visit...
Puregold keeps rank as 9th most valuable brand in Philippines
by Richmond Mercurio - May 1, 2024 - 12:00am
Puregold, the flagship retail chain of businessman Lucio Co, has emerged as the only retailing business on the list of the Philippines’ most valuable brands, according to a report by London-based independent...
Stocks snap 6-day win streak
by Richmond Mercurio - May 1, 2024 - 12:00am
The stock market snapped its six-day winning streak yesterday as investors opted to pocket gains.
Trading suspension on Steniel lifted
by Richmond Mercurio - April 30, 2024 - 12:00am
The Philippine Stock Exchange has lifted Steniel Manufacturing Corp.’s nearly two-decade long trading suspension.
PSE spending $11 million to upgrade trading engine
by Richmond Mercurio - April 30, 2024 - 12:00am
The Philippine Stock Exchange Inc., the operator of the country’s only stock market, is not letting up on its efforts to be up to par with global stock exchanges with investments of about $11 million...
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