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Richmond Mercurio
Richmond Mercurio
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DoubleDragon to unveil new Hotel101 projects
by Richmond Mercurio - April 25, 2024 - 12:00am
DoubleDragon Corp., the property developer owned by Edgar “Injap” Sia II and Tony Tan Caktiong, is set to unleash new hotels under the Hotel101 brand starting this year.
SMIC allots P115 billion for 2024 capex
by Richmond Mercurio - April 25, 2024 - 12:00am
SM Investments Corp., the investment holding company of the Sy family, is spending up to P115 billion this year for the continuing expansion of its various businesses.
Bargain hunting lifts shares anew
by Richmond Mercurio - April 25, 2024 - 12:00am
Share prices sustained its rally yesterday on continued bargain hunting among investors.
MVP, RSA hope to seal tollway deal this year
by Richmond Mercurio - April 25, 2024 - 12:00am
Negotiations on the planned merger of the toll road units of Metro Pacific Investments Corp. and San Miguel Corp. are moving smoothly so far, with tycoons Manuel V. Pangilinan and Ramon Ang bullish on sealing the...
SMC eyes P20 billion fixed bond offer
by Richmond Mercurio - April 24, 2024 - 12:00am
Diversified conglomerate San Miguel Corp. targets to offer in June fixed-rate bonds in a bid to raise P20 billion.
SM Prime defers $1 billion IPO of REIT unit
by Richmond Mercurio - April 24, 2024 - 12:00am
There will be no initial public offering happening this year for the real estate investment trust of Sy-led integrated property developer SM Prime Holdings Inc.
RLC, PRA partner to raise bar for retirement living
by Richmond Mercurio - April 24, 2024 - 12:00am
Robinsons Land Corp. has joined forces with the Philippine Retirement Authority to elevate retirement living in the country.
Easing Middle East tensions push market higher
by Richmond Mercurio - April 24, 2024 - 12:00am
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East.
Federal Lnd expands footprint with 48-ha township in Laguna
by Richmond Mercurio - April 23, 2024 - 12:00am
Ty-owned Federal Land Inc. is expanding further its footprint outside Metro Manila with the development of a 48-hectare masterplanned neighborhood township in Laguna called Meadowcrest.
Megawide returns to profit in 2023
by Richmond Mercurio - April 23, 2024 - 12:00am
Megawide Construction Corp. swung to profitability in 2023 on the back of strong revenues from its construction business.
AEV seeks to grow non-power businesses
by Richmond Mercurio - April 23, 2024 - 12:00am
Conglomerate Aboitiz Equity Ventures Inc. (AEV) aims to significantly expand the contribution of its non-power business in the coming years as part of the group’s diversification strategy.
DragonFi unveils new app for stock trading
by Richmond Mercurio - April 23, 2024 - 12:00am
DragonFi Securities Inc., the stock brokerage arm of Edgar “Injap” Sia’s DoubleDragon Corp., has introduced its new mobile investing app called DragonFi 2.0 aimed at making investing easy and accessible...
Suntrust secures $38 million loan for Parañaque casino project
by Richmond Mercurio - April 23, 2024 - 12:00am
Suntrust Resort Holdings Inc. has secured a $38-million loan to fund the development of its casino project in Parañaque City.
Index closes flat on lack of market-moving news
by Richmond Mercurio - April 23, 2024 - 12:00am
The stock market opened the week with minimal gains as investors waited for catalysts.
D&L cements lead in plastic upcycling technologies
by Richmond Mercurio - April 22, 2024 - 12:00am
D&L Industries Inc. has cemented its position as the first and only company in the Philippines to offer technologies that bring new life into plastics that are considered as low value or non-recyclable, such as single-use...
PSE stays hopeful on targets despite market slowdown
by Richmond Mercurio - April 22, 2024 - 12:00am
The Philippine Stock Exchange Inc. (PSE) remains optimistic on its target amount of capital to be raised in the bourse this year as well as the number of initial public offerings (IPO) despite recent market slo...
SEC files criminal complaint vs MFT Group
by Richmond Mercurio - April 22, 2024 - 12:00am
The Securities and Exchange Commission (SEC) has filed a criminal complaint against the MFT Group for unauthorized solicitation of investments.
Velocità Motors opens new Ferrari dealership in Philippines
by Richmond Mercurio - April 22, 2024 - 12:00am
Velocità Motors Inc. (VMI), a unit under Ramon Ang-led conglomerate San Miguel Corp., has kicked into high gear its partnership with Italian luxury sports car manufacturer Ferrari.
Mid East tension to hamper market rebound
by Richmond Mercurio - April 22, 2024 - 12:00am
Prevailing concerns in the Middle East could impede the stock market’s attempt for a bounce back this week.
Filinvest Land launching P25 billion residential projects
by Richmond Mercurio - April 22, 2024 - 12:00am
Filinvest Land Inc. (FLI), the property unit of the Gotianun Group, plans to launch P25 billion worth of residential projects this year to further strengthen its position in the segment.
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