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Richmond Mercurio
Richmond Mercurio
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SM: A partner for local progress
by Richmond Mercurio - February 25, 2024 - 12:00am
The SM Group is keen on expanding in more underserved areas in the country to support local development as well as homegrown brands.
MerryMart hikes 2030 sales target to P150 billion
by Richmond Mercurio - February 24, 2024 - 12:00am
MerryMart Consumer Corp. of tycoon Edgar “Injap” Sia II is raising its sales revenue target for 2030 by 25 percent as it ramps up its expansion.
SEC streamlines capital raising for power firms
by Richmond Mercurio - February 24, 2024 - 12:00am
he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in...
Market ends week on high note
by Richmond Mercurio - February 24, 2024 - 12:00am
The stock market capped off the week on a high note, buoyed by positive cues from the US markets overnight.
Aboitiz completes acquisition of Coca-Cola Philippines
by Richmond Mercurio - February 24, 2024 - 12:00am
The Aboitiz Group’s entry into the branded consumer goods space is ready to commence with its successful acquisition of Coca-Cola Beverages Philippines Inc.
SSI, Araneta Properties bare new appointments
by Richmond Mercurio - February 23, 2024 - 12:00am
Specialty retailer SSI Group Inc. and real estate firm Araneta Properties Inc. have announced key executive appointments following recent developments in both companies.
SEC launches online portal for corporate amendments
by Richmond Mercurio - February 23, 2024 - 12:00am
The Securities and Exchange Commission is making it easier for corporations to file amendments to their articles of incorporation or by-laws through a newly launched online portal.
Market extends winning streak
by Richmond Mercurio - February 23, 2024 - 12:00am
Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day.
ALI spending P100 billion for projects this year
by Richmond Mercurio - February 22, 2024 - 12:00am
Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level.
Stocks advance anew on rosy corporate earnings
by Richmond Mercurio - February 22, 2024 - 12:00am
Local stocks advanced for a second consecutive session as rosy corporate earnings provided a boost to investor sentiment.
Over 100,000 firms suspended
by Richmond Mercurio - February 22, 2024 - 12:00am
Over 100,000 corporations have been suspended by the Securities and Exchange Commission for non-filing of reportorial requirements.
SMIC eyes 60 new Goldilocks stores
by Richmond Mercurio - February 21, 2024 - 12:00am
SM Investments Corp. is poised to put up more Goldilocks stores nationwide this year to bring its total store count to 986 by yearend.
ALI to raise P50 billion in debt capital
by Richmond Mercurio - February 21, 2024 - 12:00am
Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements.
JAZA upbeat on Philippines growth prospects
by Richmond Mercurio - February 21, 2024 - 12:00am
Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year.
Market ends 2-day slump, bounces above 6,800
by Richmond Mercurio - February 21, 2024 - 12:00am
The stock market ended a brief two-day bleeding as it made its way back to the 6,800 territory.
SM Prime set to return to bond market
by Richmond Mercurio - February 20, 2024 - 12:00am
SM Prime Holdings Inc. is returning to the bond market to raise another P100 billion.
Market tumbles below 6,800 amid profit taking
by Richmond Mercurio - February 20, 2024 - 12:00am
The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally.
Oil price hikes seen continuing in H1
by Richmond Mercurio - February 20, 2024 - 12:00am
Consumers should brace themselves for further spikes in fuel costs throughout the first half of the year, as global oil prices are expected to continue their uptrend.
Market rally at risk from profit takers
by Richmond Mercurio - February 19, 2024 - 12:00am
Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark.
Maynilad spending P30 billion for service improvements
by Richmond Mercurio - February 19, 2024 - 12:00am
West Zone concessionaire Maynilad Water Services Inc. is setting aside as much as P30 billion for capital expenditures (capex) this year to continue service improvements amid the ongoing threat of the El Niño...
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