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Richmond Mercurio
Richmond Mercurio
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SM Prime optimistic on sustained growth after strong 1st quarter
by Richmond Mercurio - April 30, 2025 - 12:00am
SM Prime Holdings, the integrated property developer of the SM Group, is looking to sustain a double-digit growth for 2025 after kicking off the year on a high note.
Stocks post slight gains as investors remain cautious
by Richmond Mercurio - April 30, 2025 - 12:00am
The local stock market posted slight gains yesterday after investors decided to err on the side of caution.
Keppel eyes PSE exit in June
by Richmond Mercurio - April 29, 2025 - 12:00am
Keppel Philippines Holdings Inc. is targeting to exit the Philippine Stock Exchange (PSE) by June, ending its almost four decades of being a publicly listed firm.
SMX Convention Center doubling capacity by 2027
by Richmond Mercurio - April 29, 2025 - 12:00am
The Sy family’s SM Prime Holdings Inc. is set to double the capacity of SMX Convention Center Manila by 2027 with the addition of a new world-class venue called SMXCITE.
Shares tumble on lack of positive catalysts
by Richmond Mercurio - April 29, 2025 - 12:00am
Share prices tumbled yesterday as investors opted to take profits amid lack of positive catalysts.
Sideways trading seen as market seeks fresh leads
by Richmond Mercurio - April 28, 2025 - 12:00am
Local stocks are expected to continue trading sideways this week as investors search for fresh leads that could support a stronger market rally.
SEC readies guidelines on crypto asset services
by Richmond Mercurio - April 28, 2025 - 12:00am
The Securities and Exchange Commission will soon come out with the final rules on crypto-asset service providers in an effort to mitigate risks that may come from innovative financial products.
‘Philippines can withstand impact of new US tariffs’
by Richmond Mercurio - April 28, 2025 - 12:00am
Jaime Augusto Zobel de Ayala, chairman of the country’s oldest conglomerate Ayala Corp., has expressed confidence that the Philippine economy as well as his group would be able to weather the market volatility...
AC health may seal stake sale to foreign investor in May
by Richmond Mercurio - April 27, 2025 - 12:00am
AC Health, the health care arm of the Ayala Group, is looking to seal by next month the sale of a minority stake in the company to a strategic foreign partner.
Pardo steps down as Philippine Seven Corp chair
by Richmond Mercurio - April 26, 2025 - 12:00am
Jose Pardo is relinquishing his post as chairman of Philippine Seven Corp. (PSC), the exclusive licensee of convenience store giant 7-Eleven in the Philippines, after a decade, with long-time president Jose Victor...
Ayala sets sights on its next strongest year 
by Richmond Mercurio - April 26, 2025 - 12:00am
Ayala Corp., the country’s oldest conglomerate, is setting its sights on its next best year after posting its strongest year ever in 2024, with 2025 seen as inflection year for its small businesses.
PSEi rebounds after slight dip
by Richmond Mercurio - April 26, 2025 - 12:00am
The local stock market ended the week in positive territory, posting a strong rebound following a slight dip the previous day, as investors resumed with their bargain hunting activities.
Tanduay boosts profit, maintains market leadership
by Richmond Mercurio - April 25, 2025 - 12:00am
Lucio Tan-owned liquor company Tanduay Distillers Inc. has maintained its market leadership in 2024 as its profit surged behind strong sales volumes.
ALLHC sees benefits from higher US tariffs
by Richmond Mercurio - April 25, 2025 - 12:00am
AyalaLand Logistics Holdings Corp.  is expecting to benefit from the higher tariffs imposed by the United States on most of its trade partners.
ALI plans unique develop in ABS-CBN property
by Richmond Mercurio - April 25, 2025 - 12:00am
 Property giant Ayala Land Inc.  is promising to develop something unique in the property in Quezon City, which the company has purchased from ABS-CBN Corp.
Bloomberry bets on online gaming
by Richmond Mercurio - April 25, 2025 - 12:00am
Bloomberry Resorts Corp. of tycoon Enrique Razon Jr. is poised to launch its venture into the electronic gaming space this quarter, while its new integrated resort in Quezon City is closing in on profitability....
Stock market snaps 3-day climb
by Richmond Mercurio - April 25, 2025 - 12:00am
Share prices tumbled yesterday on lack of positive catalysts, snapping the local stock market’s three-day winning streak.
Balai profit soars in 2024
by Richmond Mercurio - April 24, 2025 - 12:00am
Counter service bakery operator Balai ni Fruitas Inc. booked higher earnings last year following a robust top line growth which was driven by improved same-store sales and strategic expansion of the company’s...
Medilines to venture into specialized health care market
by Richmond Mercurio - April 24, 2025 - 12:00am
Medical equipment supplier Medilines Distributors Inc. is looking to venture into new high-profit health care categories to cash in on the rising health care spending in the country.
Kuya J open to new investors, to spend P100 million for expansion
by Richmond Mercurio - April 24, 2025 - 12:00am
Kuya J Food Group Inc., owner of homegrown restaurant chain Kuya J and the exclusive master franchise holder in the Philippines of American fast food chain Popeyes, is open to welcoming new investors that will...
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