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Business leaders in Cebu remain optimistic of the country’s economy despite the seven-year low plunge of the Philippine peso in the Philippine Stock Exchange on Monday. Glenn Soco, Mandaue Chamber of Commerce and Industry (MCCI) president, said…
Be like the Visayas-based Metro Retail Group and have your firms listed in the Philippine Stock Exchange (PSE). Lawyer Roel Refran, PSE chief operations officer, made this call to small and medium enterprises (SMEs) entrepreneurs especially those,…
MANILA — Net inflows of job-generating foreign direct investments (FDI) jumped to the highest-ever monthly figure of $2.2 billion in April as the Philippines’ economic star shone in the region and attracted greater investor interest, the Bangko…
THE Supreme Court (SC) has upheld its decision to nullify the sale of the 153.1-megawatt Naga power plant complex in southern Cebu to its current operator SPC Power Corp. The High Court, in a notice issued on…
NEWLY listed Metro Retail Stores Group Inc. (MRSGI) said strong sales and reduced operating expenses pushed its net income up by 23.5 percent to P344 million in the first nine months of this year. The 15 percent…
Gaisano’s IPO marks a first for Cebu retailer; 50 to 70 additional stores planned MAKATI – At exactly 9:30 a.m. yesterday, amid cheers and the beat of drums, Cebuano retailer Frank S. Gaisano – with his siblings…
SPC to appeal; Therma Visayas insists it won the bidding The Supreme Court has nullified the sale of the 153.1-megawatt Naga power plant complex in southern Cebu to SPC Power Corp. SPC said it will ask the…
Now is a good time to accumulate stocks despite the continued volatility in the stock market, said experts from stockbrokerage company COL Financial. Based on their research, the stocks are not falling into a bear market condition,…
Aboitiz Equity Ventures, Inc. (AEV) said its consolidated net income declined 18 percent to P7.8 billion in the first half of this year. This translates to P1.41 in earnings per share, the company said in a disclosure…
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