Latest Market News

Stay updated with the latest news about dividends, earnings, and corporate actions in the Philippine stock market.

Below-target growth lifts rate cut chances

The Bangko Sentral ng Pilipinas is considering a rate cut due to slower-than-expected economic growth, with a potential 25-basis-point reduction anticipated in its upcoming meeting. This move aims to stimulate the economy amid declining investor confidence.

  • Economic growth slowed to 4.0% in Q3 2025.
  • Rate cut of 25 basis points expected in December.
  • Investor confidence has been negatively impacted.
Read more: manilatimes
ABS

TV5 ends ABS-CBN deal due to unpaid revenues

TV5 has terminated its content agreement with ABS-CBN over a revenue dispute, impacting ABS-CBN's financial stability. This development has led to a decline in ABS-CBN's stock price, raising concerns among investors.

  • Termination of a five-year content deal.
  • Reported unpaid advertising revenues of nearly P1 billion.
  • ABS-CBN's stock price fell by 2.03% following the news.
Read more: manilatimes

Growth seen recovering to 5.6 percent next year

Philippine economic growth is projected to rebound to 5.6% in 2026, driven by a recovery in domestic demand. This follows a slowdown in 2025, with expectations of continued monetary accommodation to support the economy.

  • Projected GDP growth of 5.6% for 2026.
  • Current growth forecast for 2025 is 4.8%.
  • Continued monetary accommodation expected to support recovery.
Read more: manilatimes
CREC

Citicore gets P4B BPI loan for solar project

Citicore Renewable Energy Corp. has secured a P3.975-billion loan from Bank of the Philippine Islands to finance its solar project in Pangasinan. This funding is part of Citicore's efforts to enhance its renewable energy capacity and support local energy needs.

  • Loan amount of P3.975 billion.
  • Project aimed at enhancing renewable energy capacity.
  • Supports local energy needs and sustainability initiatives.
Read more: manilatimes

Metro Pacific finalizes P1B purchase of Franklin Baker

Metro Pacific Investments Corp. has completed the acquisition of Franklin Baker Co. for P1 billion, enhancing its agribusiness portfolio. This strategic move is expected to provide immediate capital and operational support to stabilize Franklin Baker's operations and benefit local coconut farmers.

  • Acquisition valued at P1 billion.
  • Expected to stabilize operations and clear export backlogs.
  • Strengthens Metro Pacific's position in the coconut supply chain.
Read more: manilatimes
GLO

Globe, BPI testing next-gen authentication

Globe Telecom and Bank of the Philippine Islands are collaborating on a next-generation authentication system to enhance digital banking security. This initiative aims to improve customer trust and could positively impact user engagement and retention.

  • Partnership focuses on next-gen authentication.
  • Aims to enhance digital banking security.
  • Improves customer trust and engagement.
Read more: manilatimes
DMC

Metro Pacific Tollways lists maiden bond offer

Metro Pacific Tollways Corp. successfully listed a maiden bond issuance worth P20 billion, indicating strong investor confidence and providing capital for ongoing infrastructure projects. This move is significant for dividend investors looking for stable returns.

  • Maiden bond issuance valued at P20 billion.
  • Strong investor demand with over three times subscription.
  • Funds ongoing infrastructure projects.
Read more: manilatimes
ECP

Repower acquires 95% stake in Bukidnon hydropower project

Repower Energy Development Corp. is expanding its renewable energy portfolio with a P6.3 billion acquisition of a 95% stake in the Pulangi IV hydropower project. This move is expected to enhance the company's growth and sustainability efforts.

  • Acquisition valued at P6.3 billion.
  • 95% stake in Pulangi IV hydropower project.
  • Enhances Repower's renewable energy portfolio.
Read more: bworldonline

S&P Global affirms PLDT ‘BBB’ rating, cites controlled capex

S&P Global Ratings has affirmed PLDT Inc.’s 'BBB' credit rating, highlighting the company's controlled capital expenditures which align with investment-grade standards. This stable outlook is crucial for investors focusing on dividend potential.

  • PLDT's credit rating affirmed at 'BBB'.
  • Controlled capital expenditures noted.
  • Stable outlook supports investment-grade status.
Read more: bworldonline
DMC

Metro Pacific finalizes P1B purchase of Franklin Baker

Metro Pacific Investments Corp. has completed the acquisition of Franklin Baker Co. for P1 billion, aiming to enhance operational stability and support local coconut farmers. This strategic move is expected to strengthen Metro Pacific's position in the coconut industry and improve supply chain efficiency.

  • Acquisition valued at P1 billion.
  • Expected to support local coconut farmers.
  • Strengthens Metro Pacific's coconut sector operations.
Read more: manilatimes
DMC

Metro Pacific Tollways lists maiden bond offer

Metro Pacific Tollways Corp. has successfully listed a maiden bond issuance worth P20 billion, aimed at financing infrastructure projects. This move reflects strong investor confidence and could enhance the company's capacity to generate stable returns for shareholders.

  • Bond issuance valued at P20 billion.
  • Strong investor demand with subscription over three times the base size.
  • Funds will support infrastructure development.
Read more: manilatimes
UNH

Panasonic invests P3B to expand domestic manufacturing in PHL

Panasonic Manufacturing Philippines Corp. has registered P3 billion worth of projects to expand its operations domestically, shifting from a purely export-oriented model. This investment is expected to create jobs and enhance local production capabilities, benefiting the Philippine economy.

  • Investment valued at P3 billion.
  • Shift to hybrid manufacturing model.
  • Expected job creation and local production enhancement.
Read more: bworldonline
BPI

Below-target growth lifts rate cut chances

The Bangko Sentral ng Pilipinas signals a potential rate cut due to a slowdown in economic growth, which may impact borrowing costs and investment returns. This development is crucial for dividend investors as lower rates could stimulate economic activity and enhance corporate profitability.

  • Economic growth slowed to 4.0% in Q3.
  • Rate cut expected in December meeting.
  • Potential for increased corporate profitability.
Read more: manilatimes
UNH

REDC acquires P6.3-B Pulangi hydropower project in Bukidnon

Repower Energy Development Corp. has acquired a 95% stake in Maramag Hydropower Corp. for a P6.3 billion hydropower project, enhancing its renewable energy portfolio. This acquisition is expected to boost REDC's operational capacity and contribute to the Philippines' energy sustainability.

  • Acquisition valued at P6.3 billion.
  • Project capacity of 25 megawatts.
  • Strengthens REDC's renewable energy initiatives.
Read more: business
DMC

Metro Pacific finalizes P1B purchase of Franklin Baker

Metro Pacific Investments Corp. has completed the acquisition of Franklin Baker Co. for P1 billion, aiming to enhance the coconut product supply chain and support local farmers. This strategic move is expected to stabilize operations and improve the efficiency of the coconut industry in the Philippines.

  • Acquisition valued at P1 billion.
  • Expected to provide operational stability for Franklin Baker.
  • Strengthens Metro Pacific's position in the coconut sector.
Read more: manilatimes
KEEPR

Keepers reclassifies shares for fundraising

Keepers has approved the reclassification of shares to preferred shares to raise capital, which could provide fixed dividends to investors. This strategic move aims to strengthen its balance sheet and support growth initiatives.

  • 800 million common shares reclassified into preferred shares.
  • Funds to support supply chain optimization and growth.
  • Expected to enhance investor returns through fixed dividends.
Read more: manilatimes
MEG

Megaworld named among Fortune’s 100 best firms to work for in SEA

Megaworld Corp. has been recognized as one of the best companies to work for in Southeast Asia, reflecting its strong employee satisfaction. This recognition may enhance the company's reputation and attract talent, potentially leading to improved operational performance and shareholder returns.

  • Only Philippine real estate company in Fortune's list.
  • Achieved a 94-percent employee approval rating.
  • Recognition could enhance brand value and investor confidence.
Read more: bworldonline
GLO

Globe, BPI testing next-gen authentication

Globe Telecom and BPI are piloting a new authentication method to enhance digital banking security, which could lead to increased customer trust and retention. This initiative may positively impact Globe's operational efficiency and future profitability.

  • New silent network authentication method aims to reduce fraud.
  • Part of a broader strategy to enhance customer experience.
  • Successful implementation could lead to increased customer loyalty.
Read more: manilatimes

Maharlika Corp: Investment pipeline robust

Maharlika Investment Corp. is set to fund various projects across multiple sectors, indicating a strong commitment to long-term growth. This could enhance economic stability and investor confidence, potentially benefiting dividend payouts in the future.

  • Focus on energy, mining, and infrastructure projects.
  • Plans to align investments with national development goals.
  • Commitment to long-term investment strategies.
Read more: manilatimes

Metro Pacific Tollways lists maiden bond offer

Metro Pacific Tollways Corp. successfully listed a maiden bond issuance worth P20 billion, aimed at enhancing its infrastructure projects. This strong market debut reflects investor confidence and supports ongoing construction efforts, which may positively impact future dividends.

  • P20 billion bond issuance listed on Philippine Dealing & Exchange Corp.
  • Proceeds will fund infrastructure projects, potentially boosting future earnings.
  • Subscription exceeded three times the base issue size.
Read more: manilatimes

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