More articles about: Money

 
Share
The Securities and Exchanges Commission has just approved the initial public offerings of both companies.
AllHome Corp. and Axelum Resources Corp. are set to join Kepwealth Property Phils., Inc. as the first three initial public offerings (IPOs) on the Philippines Stock Exchange (PSE) this year. The Securities and Exchange Commission (SEC) has confirmed that it has cleared ...
 
Share
Congress is set to look into the BSP's lifting of a ban on ATM fee hikes.
There's nothing more satisfying than checking your bank account and seeing your hard-earned cash, except maybe actually being able to withdraw it. Long lines at ATMs are nothing new—especially on paydays—and sometimes it's just more convenient to use a different bank's machine ...
 
Share
The conglomerate’s income grew by almost 80 percent in the first half of 2019.
JG Summit Holdings, Inc.’s (JGS) consolidated net income increased by 79 percent in the first half of 2019, jumping to a record P17.6 billion. This is almost double the P9.8 billion net income of the company in the same period last year.On ...
 
Share
This comes after RWM’s net income declined by 52 percent in the second quarter of 2019.
The owner and operator of Resorts World Manila, Travellers International Hotel Group, Inc. (listed on the Philippine Stock Exchange as RWM) requested for the voluntary delisting of the company early on Wednesday, August 14. The proposed date of delisting is slated for ...
 
Share
This is the lowest growth rate in the last 17 quarters.
The Philippine economy dipped slightly during the second quarter of 2019 as Gross Domestic Product (GDP) grew by 5.5 percent, the Philippine Statistic Authority (PSA) announced on Thursday, August 8.This is a 0.1 point drop from the first quarter’s GDP growth of 5.6 ...
 
Share
Breaking PSE’s IPO drought, KPPI will be the first initial public offering of 2019.
Kepwealth Property Phils. Inc.'s (KPPI) has announced that the share price for its maiden offering will be set at P5.74 each. The offer period will commence at 9 AM on Monday, August 5 and will last until 12 noon on Friday, August 9. This ...
 
Share
It’s the Facebook of the stock market.
Ninety-four percent of the world’s wealth belongs to the richest 20 percent, according to the Wall Street Journal. That means that the poorest 80 percent are sharing six percent of the world’s wealth between them. To put things into even more perspective, ...
 
Share
The price drop was caused by a "fat finger," or typo error, caused by a local broker
Cebu Pacific's stock prices are back to a stable 87.00 following a major price drop on Tuesday, July 9. An alleged “fat finger,” or typo error, by a local broker caused Cebu Air's share price to plunge as much as 38 percent during ...
 
Share
The new SEC-approved crowdfunding guidelines now give startups and small and medium-sized enterprises an alternative method of financing their businesses.
Many entrepreneurs have struggled with getting bank loans and traditional funding to get their businesses off the ground, but startups and small and medium enterprises can now look to crowdfunding as a means to fulfill their ventures. The Securities and Exchange Commission (SEC) ...
 
Share
Alliance Group sees profit from expansion to grow 15 percent over 5 years
Buoyed by the surge of tourist arrivals in the Philippines and upbeat forecasts for the country’s tourism industry, Resorts World Manila (RWM) will increase its capital expenditure to double its casino capacity, according to a report by the South China Morning Post (SCMP), ...
 
Share
He seems quite chilled about it now, though.
You'd assume that being worth $103 billion (£80.8 billion) would mean that all of the niggling professional regrets that you otherwise carry around with you would be sandblasted away.Apparently not, though. Bill Gates is still fairly upset about his "greatest mistake ever", ...
 
Share
Who's automatically in or out when it comes to investing in citizenships?
The mere mention of a second passport sparks a number of questions, from how much it costs to how long it takes to get one. First things first: A potential applicant must know if he or she is eligible to apply for one. Knowing the ...
 
Share
The former bridge was a threat to public safety.
The Pigalo Bridge, which was once devastated by Typhoons Pedring and Quiel last 2011, has finally been completed and is now accessible to the public. Since it was destroyed, the bridge has become a burden and a threat. While the old structure can ...
 
Share
Esquire's financial adviser shows you how to profit from these winning real estate companies.
It has been a roller coaster ride for the Philippine stock market so far. The PSE Index started the year on a strong note, gaining as much as 700 points to reach a year-high record of 8,213 only to lose it all towards ...
 
Share
The property giant raked in P3.8 billion during Q1 of this year.
The Clark Freeport and Special Economic Zone is poised to become the next major urban center in the country, and investors know it. Seizing key stakes in the high-growth Clark corridor is Gotianun-led Filinvest Development Corporation (FDC), which is currently in the ...
 
Share
The annual ranking of the biggest public companies graded firms using four metrics: sales, profits, assets and market value.
Six Philippine companies made it to Forbes Magazine’s annual Global 2000 list, an international ranking of the world’s largest, most valuable, and most powerful publicly held firms. Sy-owned BDO Unibank Inc. was the highest ranked Philippine company on the list. It climbed to ...
 
Share
"I may have been the son of the boss, but I worked harder than anybody else to prove that I wasn’t just the son of the boss," he said in a graduation address.
JG Summit Holdings Inc. President and CEO Lance Gokongwei recently inspired the graduating class of the Pamantasan ng Lungsod ng Valenzuela with anecdotes of how he and his siblings independently worked their way to the top. In his speech for the graduates, ...
 
Share
They expect to work even after retirement, too.
In the film The Bucket List, Morgan Freeman’s and Jack Nicholson’s characters spent the last few months of their lives as terminally ill patients traveling the world. They did everything from skydiving in Dubai to climbing the Mount Everest in Nepal, anything ...
 
Share
Four of the 300 outstanding business and industry leaders on the list are from the Philippines.
Four Filipinos made the exclusive 30 Under 30 Asia list curated by US business magazine Forbes for 2019.“If you think millennials and Gen-Z are just building businesses for the short-term gain, think again,” wrote Rana Wehbe, editor of the 30 Under 30 ...
 
Share
A new survey from Microsoft and IDC shows that sentiments towards AI technology are largely positive.
There’s been a lot of talk about the looming impact of artificial intelligence (AI) in the workforce. Experts from the business process outsourcing (BPO) sector have talked about the potential job displacements brought about by AI technology, and the conversation is already ...
Connect With Us