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Richmond Mercurio
Richmond Mercurio
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DoubleDragon tops off Hotel101-Madrid
by Richmond Mercurio - April 15, 2025 - 12:00am
DoubleDragon Corp. has completed the structural framework of the 680-room Hotel101-Madrid, putting it on track for full completion by the end of the year.
Stocks sustain climb, up for 4th straight session
by Richmond Mercurio - April 15, 2025 - 12:00am
The local stock market was off to a strong start this shortened trading week, sustaining its momentum from last week, buoyed by Wall Street’s rebound last Friday.
Cautious trading seen on shortened trading week
by Richmond Mercurio - April 14, 2025 - 12:00am
The local stock market is expected to trade with caution this shortened trading week amid lingering global trade war fears.
SEC opens strategic sandbox for crypto service providers
by Richmond Mercurio - April 14, 2025 - 12:00am
The Securities and Exchange Commission (SEC) is introducing a regulatory sandbox for crypto-asset service providers (CASP) to facilitate responsible innovation and ensure investor protection given the continued growth...
Hotel101 Global eyes Nasdaq listing this Q2
by Richmond Mercurio - April 14, 2025 - 12:00am
DoubleDragon Corp., the listed property developer owned by Edgar “Injap” Sia II and Tony Tan Caktiong, is targeting to proceed with the US listing of subsidiary Hotel101 Global Pte. Ltd. this quarte...
CLI ramping up expansion plans in Visayas and Mindanao
by Richmond Mercurio - April 13, 2025 - 12:00am
Cebu Landmasters Inc. sees sustained appetite for high-value residential offerings outside Metro Manila, with its newest premier residential project in Cagayan de Oro nearly sold-out just two weeks after its...
Italpinas unloads stake in renewable energy firm
by Richmond Mercurio - April 13, 2025 - 12:00am
Italpinas Development Corp., a listed real estate developer of sustainable properties in the Philippines, is disposing its entire 25-percent stake in a renewable energy development firm to focus on its real estate...
Axelum swings to profitability in 2024 on strong sales
by Richmond Mercurio - April 12, 2025 - 12:00am
Axelum Resources Corp., a listed integrated manufacturer and exporter of premium coconut products, swung to profitability in 2024 on the back of record high sales.
SM MOA Arena posts strong 2024 performance
by Richmond Mercurio - April 12, 2025 - 12:00am
SM Prime Holdings Inc.’s investment of over $10 million for SM MOA Arena’s modernization has borne fruit with its robust 2024 performance that reinforced its status as the Philippines’ premier venue...
Stocks end week higher on dovish BSP stance
by Richmond Mercurio - April 12, 2025 - 12:00am
The local stock market sustained its winning streak, closing the week with minimal gains driven by the Bangko Sentral ng Pilipinas (BSP)’s dovish monetary policy outlook.
IMI earmarks $16 million for 2025 capex
by Richmond Mercurio - April 11, 2025 - 12:00am
Integrated Micro-Electronics Inc.  is allocating $16 million to fund investments on critical capital expenditure programs this year as the Ayala-led company continues with its transformative journey.
Puregold earnings at record high in 2024
by Richmond Mercurio - April 11, 2025 - 12:00am
Puregold Price Club Inc., the flagship retail chain of businessman Lucio Co, is stepping up its expansion in the provinces this year to ensure sustained growth after finishing 2024 with record high earnings.
RFM posts strong Q1 financial results
by Richmond Mercurio - April 11, 2025 - 12:00am
Listed food and beverage company RFM Corp. is optimistic on its continued growth this year, with the company starting the year strong with robust first quarter earnings.
Market cheers Trump’s 90-day tariff pause
by Richmond Mercurio - April 11, 2025 - 12:00am
 Investors cheered US President Donald Trump’s 90-day tariff pause, helping pull the local stock market higher for a second straight session.
Mercury Drug’s Vivian Que Azcona, 69
by Richmond Mercurio - April 11, 2025 - 12:00am
Vivian Que-Azcona, president of the iconic Filipino pharmacy chain Mercury Drug, has died at the age of 69.
Alphaland open to stock market return
by Richmond Mercurio - April 10, 2025 - 12:00am
Alphaland Corp., the upscale property developer behind the Balesin Island Club, is keeping its doors open for a potential return to the stock market.
Leap of faith: PSE hopeful of more IPOs
by Richmond Mercurio - April 10, 2025 - 12:00am
The Philippine Stock Exchange is hoping that more companies from its Listing Engagement and Assistance Program will brave the market  and pursue their initial public offering (IPO) dreams despite current...
Office market off to good start in 2025
by Richmond Mercurio - April 10, 2025 - 12:00am
The Philippine office market is off to a promising start this year despite the absence of Philippine offshore gaming operators (POGOs) and demand from government-related deals, according to real estate brokerage...
Setting up businesses now easier, faster – SEC
by Richmond Mercurio - April 10, 2025 - 12:00am
The Securities and Exchange Commission  is moving to a fully online and paperless company registration process, making setting up a business in the country easier and faster.
CNPF sees sustained double-digit growth this year
by Richmond Mercurio - April 9, 2025 - 12:00am
Century Pacific Food Inc., the Po family’s listed food and beverage company, expects to maintain its double-digit growth trajectory this year following a strong performance in 2024.
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