The Daily Manila Shimbun

 

Stocks end slightly lower despite decline in mining shares

February 2, 2017

Stocks closed marginally lower on Thursday despite a decline in the mining and oil sector caused by the release of many mining firms  ordered closed or suspended for three to six months by the Department of Environment and Natural Resources.

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Stocks, peso down slightly

February 1, 2017

Stocks ended lower on Wednesday in thin trading. The Philippine Stock Exchange closed at 7, 227.45 points, down 2.21 from Tuesday. Volume fetched 1.1 billion shares worth P5.11 billion from the previous sessions’ 1.56 billion valued at P5.28 billion. Foreign

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Metro Pacific Hospital Holdings acquires majority control of Delgado Clinic

February 1, 2017

Metro Pacific Hospital Holdings, Inc.,  the healthcare investments holding subsidiary of listed firm Metro Pacific Investments Corporation, completed Wednesday its agreement to infuse approximately P133.5 million of cash into Delgado Clinic Inc. , owner and operator of the Dr. Jesus

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Megaworld rental income to reach P 20 billion in 2020

February 1, 2017

Real estate giant Megaworld’s rental income is expected to reach P20-billion by 2020, more than doubling its P9-billion recorded rental income in 2015, according to a disclosure to the Philippine Stock Exchange on Wednesday In the next three years, Megaworld

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Stocks lower, peso gains  

January 31, 2017

Stocks ended lower on Tuesday as the Philippine Stock Exchange index lost 107.02 points after a lackluster start to the Chinese New Year the previous day. The index closed at 7,229.66, down by 1.46 percent. Volume reached 1.56 billion shares

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Aboitiz Power leaves Indonesia energy project  

January 31, 2017

Aboitiz Power Corp. has decided to exit from the greenfield geothermal exploration and development project of its wholly owned Singapore-based subsidiary, Aboitiz Power International Pte. Ltd. (AP Intl) in Ijen, East Java Province, Indonesia, a disclosure to the Philippine Stock

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Banco de Oro raises P60 billion from stock rights offering

January 31, 2017

Banco de Oro Unibank Inc ended its stock rights offering on Tuesday with a bell-ringing ceremony at the Philippine Stock Exchange (PSE). In a disclosure to the  PSE, Banco de Oro raised P60 billion which the bank said it “will

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Executive director of Anti-Money Laundering Council resigns

January 30, 2017

Julia Bacay-Abad has resigned as executive director of the Anti-Money Laundering Council effective on Tuesday, a statement said Monday. “This is not a decision to be taken lightly but I believe this is the right time for me voluntarily relinquish

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