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Richmond Mercurio
Richmond Mercurio
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Sta. Lucia allots P5.62 billion for capex
by Richmond Mercurio - June 17, 2024 - 12:00am
Listed real estate developer Sta. Lucia Land Inc. is beefing up its capital spending this year to develop more projects and further expand its land bank.
SEC welcomes new commissioner
by Richmond Mercurio - June 17, 2024 - 12:00am
The Securities and Exchange Commission has welcomed the appointment of its new commissioner, Rogelio Quevedo.
Index may continue downtrend this week
by Richmond Mercurio - June 17, 2024 - 12:00am
The stock market is expected to remain on the downtrend on another shortened trading week while investors wait for positive catalysts.
Primex names Abacan as new independent director
by Richmond Mercurio - June 15, 2024 - 12:00am
Listed property developer Primex Corp. is bullish on sustaining its growth momentum with the addition of former Monetary Board member and former Metrobank president Antonio Abacan Jr. as an independent director to...
Sta. Lucia eyeing P2.7 billion loan from local banks
by Richmond Mercurio - June 15, 2024 - 12:00am
Listed real estate developer Sta. Lucia Land Inc. plans to borrow as much as P2.7 billion from local financial institutions to support its continuing expansion.
CLI beefs up hospitality business, opens largest hotel in Bacolod
by Richmond Mercurio - June 15, 2024 - 12:00am
Cebu Landmasters Inc. (CLI) is poised to bolster its hospitality business with the opening of the company’s fourth hotel, with six more lined up for launch in the next two years.
Interest rate woes dampen stock market
by Richmond Mercurio - June 15, 2024 - 12:00am
Share prices plunged for a fourth consecutive session on investor concerns over the direction of interest rates.
SEC files criminal complaint vs casino junket operator
by Richmond Mercurio - June 15, 2024 - 12:00am
A criminal complaint has been filed by the Securities and Exchange Commission (SEC) against the group of casino junket operator Hector Aldwin Liao Pantollana.
EEI, CSC partner for precast requirements
by Richmond Mercurio - June 14, 2024 - 12:00am
EEI Corp. is teaming up with a local construction solution materials manufacturer to help boost its construction activities nationwide.
Jollibee Group advances sustainability initiatives
by Richmond Mercurio - June 14, 2024 - 12:00am
The Jollibee Group is committed to further advancing its sustainability initiatives following the successful integration of clean energy in its four main manufacturing sites in the country.
Oversubscribed SM Prime bonds net P25 billion
by Richmond Mercurio - June 14, 2024 - 12:00am
M Prime Holdings Inc., the integrated property developer of the Sy family, has raised P25 billion from its oversubscribed bond offering.
Market stays in red on last-minute selling
by Richmond Mercurio - June 14, 2024 - 12:00am
The stock market remained in the loss column on its return to action following a one-day break as investors decided to sell shares at the last minute during yesterday’s session.
Keepers keen on expansion, eyes double-digit growth
by Richmond Mercurio - June 13, 2024 - 12:00am
The Keepers Holdings Inc. of retail tycoon Lucio Co is keen on adding more imported brands to bolster its already extensive portfolio as the company aims to sustain a double-digit growth amid a challenging envi...
Megawide sets sight on next public offer
by Richmond Mercurio - June 13, 2024 - 12:00am
Following the successful listing of Citicore Renewable Energy Corp. last week, the Megawide Group of tycoon Edgar Saavedra is planning to launch another initial public offering which will come in the form of real...
RCI awaits further instructions from DAR
by Richmond Mercurio - June 12, 2024 - 12:00am
Roxas & Co. Inc. said it is awaiting further instructions from the Department of Agrarian Reform for its next actions on the properties and affected parties over the disputed lands in Batangas.
Roxas resigns as SPNEC independent director
by Richmond Mercurio - June 12, 2024 - 12:00am
Businessman Pedro Roxas, chairman of listed firms Roxas Holdings Inc. and Roxas & Co. Inc., has stepped down from his role as independent director of Manuel V. Pangilinan-led SP New Energy Corp.
Empire East gears up for growth
by Richmond Mercurio - June 12, 2024 - 12:00am
Empire East Land Holdings Inc., a listed property company chaired by tycoon Andrew Tan, is gearing up for growth in the coming years with plans to start development of new condominium towers and expand its land...
CA extends freeze order on MFT Group assets, bank accounts
by Richmond Mercurio - June 12, 2024 - 12:00am
The freeze order over the bank, investment and insurance accounts of Maria Francesca Tan Group of Companies Inc. has been extended for six months.
IMF’s weak growth target for Philippines dampens stocks
by Richmond Mercurio - June 12, 2024 - 12:00am
Share prices fell anew as investors digested the International Monetary Fund lower growth forecast of six percent from 6.2 percent for the Philippines this year.
Ang’s eldest takes on bigger role in SMC
by Richmond Mercurio - June 12, 2024 - 12:00am
John Paul Ang, the eldest son of tycoon Ramon Ang, is set to take on a bigger role in diversified conglomerate San Miguel Corp., which his father currently leads.
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