Latest Market News

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

RLC

Reinvestment plan complete, says RLC

Robinsons Land Corp. has completed the disbursement of P1.87 billion raised from a share placement, which will fund ongoing capital projects and potentially enhance future revenue streams and dividends. The strategic allocation of funds indicates proactive financial management.

  • P1.87 billion raised from share placement fully disbursed.
  • Funds allocated for ongoing capital projects.
  • Strategic financial management could enhance future dividends.
Read more: manilatimes
holding firms
GLO

Globe hailed in TIME and Statista’s World’s Most Sustainable Companies 2025

Globe has been recognized as one of the World’s Most Sustainable Companies, reinforcing its commitment to sustainability and potentially enhancing its attractiveness to investors. This recognition may positively influence its dividend policies.

  • Globe is the sole Philippine telco on the sustainability list.
  • Recognition enhances Globe's reputation as a sustainability leader.
  • Could positively influence investor sentiment and dividend policies.
Read more: bworldonline
services
MER

Meralco says power rates may rise in July

Meralco has indicated a potential increase in electricity rates due to rising generation and transmission charges, which could affect consumer spending and overall economic conditions. This may indirectly impact dividend payouts for utility investors.

  • Overall electricity rates may increase in July.
  • Anticipated rise due to higher generation and transmission charges.
  • Could affect consumer spending and economic conditions.
Read more: bworldonline
services

MGen nears 800 MW in P200-B solar rollout

Meralco PowerGen Corp. is on track to complete the first phase of its P200 billion solar project, which could enhance its renewable energy portfolio and long-term profitability. The project aims to install 3,500 MW of solar capacity, potentially impacting future dividends.

  • First phase of the solar project is 54% complete with 778 MW installed.
  • Project aims for a total capacity of 3,500 MW.
  • Completion expected by early 2026, enhancing renewable energy portfolio.
Read more: bworldonline
industrial
VLL

Vista Land secures P3.4-B loan to refinance debt

Vista Land & Lifescapes, Inc. has secured a P3.4 billion loan for refinancing existing debt, which may impact its financial stability and future dividend potential. The loan reflects the company's ongoing efforts to manage its capital structure effectively amidst rising financing costs.

  • Loan amounting to P3.4 billion secured for refinancing.
  • Loan obtained through subsidiaries including Vistamalls and Camella Homes.
  • Indicates proactive financial management amidst increased financing costs.
Read more: bworldonline
property
RLC

Robinsons Land completes P1.87-B reinvestment plan

Robinsons Land Corp. has completed the disbursement of P1.87 billion raised from a share placement, which will be used for capital expenditures and land acquisitions. This strategic move could enhance its asset base and future dividend capacity.

  • The total raised was P1.87 billion.
  • Funds will be used for capital expenditures and land acquisitions.
  • This move may enhance future dividend capacity.
Read more: manilatimes
property
MER

Meralco says power rates may rise in July

Meralco has indicated a potential increase in electricity rates due to rising generation and transmission charges, which could impact operational costs for businesses and consumers. This may affect the overall economic environment and investor sentiment.

  • Overall electricity rates may increase in July.
  • The rise is attributed to higher generation and transmission charges.
  • This could affect operational costs for businesses.
Read more: bworldonline
services

MGen nears 800 MW in P200-B solar rollout

Meralco PowerGen Corp. is on track to complete the first phase of its P200 billion MTerra Solar project, which could significantly enhance its renewable energy capacity and long-term profitability. This expansion may positively impact shareholder returns and dividend potential.

  • The project aims for a total capacity of 3,500 MW.
  • Phase 1 is expected to be completed by early 2026.
  • The investment is valued at P200 billion.
Read more: bworldonline
industrial

Del Monte Philippines posts higher sales, cash flow

Del Monte Philippines, Inc. reported a 14% increase in sales driven by strong international demand, which could enhance its cash flow and potential for future dividends. This growth reflects the company's resilience in the competitive food and beverage market.

  • Sales increased by 14% in the latest fiscal year.
  • The growth is attributed to strong demand in international markets.
  • Improved cash flow may support future dividend payouts.
Read more: business
VLL

Vista Land secures P3.4-B loan to refinance debt

Vista Land & Lifescapes, Inc. has secured a P3.4 billion loan to refinance existing debt, which may improve its financial stability and potential for future dividends. The loan will support ongoing capital projects across its subsidiaries.

  • The loan amount is P3.4 billion.
  • It is aimed at refinancing existing debt.
  • The funding will support ongoing capital projects.
Read more: bworldonline
property
PSE

Peso Weakens as PSEi Rebounds

The Philippine peso fell against the dollar while the stock market rebounded, with the PSEi gaining 29.67 points. The market's performance was influenced by dovish expectations from the Bangko Sentral ng Pilipinas and upcoming economic data releases.

  • The peso weakened by 28.5 centavos to P56.68 against the dollar.
  • The PSEi closed at 6,425.24, up 0.46%.
  • Foreign investors were net buyers with inflows of P107.24 million.
Read more: manilatimes
financials

IEMOP Expects Lower Electricity Prices in H2 2025

The Independent Electricity Market Operator of the Philippines forecasts lower electricity prices in the second half of 2025 due to ample supply from new generation plants. The average market price is expected to remain stable despite maintenance work pressures.

  • Average electricity market prices fell to P3.86 per kWh in June.
  • New power plants are expected to come online in the latter half of the year.
  • The grid's ample supply is attributed to increased gas and solar generation.
Read more: manilatimes
FGEN

First Gen and Engtek Renew Renewable Energy Supply Deal

First Gen Corp. has renewed its renewable energy supply agreement with Engtek Group, providing power to its facility in the Philippines. This partnership aims to reduce carbon emissions by replacing coal-fired electricity with renewable hydro power.

  • Engtek's facility is now fully powered by First Gen's hydropower plants.
  • The partnership supports Engtek's long-term climate targets.
  • First Gen aims to enable partners to decarbonize without sacrificing operational reliability.
Read more: manilatimes

Del Monte Pacific Seeks Alternative Funding Amid Rising Liabilities

Del Monte Pacific Ltd. is exploring new funding sources to manage its increasing liabilities following the bankruptcy filing of its U.S. subsidiary. The company aims to secure short-term funding lines to meet its obligations while maintaining operational efficiency.

  • Del Monte Pacific reported current liabilities exceeding current assets by $595 million.
  • The company generated positive cash flow of $226 million in fiscal year 2025.
  • Management is focused on improving operational efficiency and cash management.
Read more: bworldonline

DigiPlus Announces P6-B Share Buyback Amid Online Gambling Concerns

DigiPlus Interactive Corp. has approved a share buyback program worth P6 billion to reinforce investor confidence following a significant drop in share prices. This move is aimed at maximizing long-term shareholder value amidst proposals for stricter regulations on online gambling.

  • The buyback program is valid for 12 months and may be renewed.
  • DigiPlus shares fell 54.62% from a record high before the announcement.
  • The buyback will be financed using internally generated cash flows.
Read more: manilatimes,bworldonline,gmanetwork
holding firms

Peso Weakens as PSEi Rebounds

The Philippine peso weakened against the dollar, while the stock market showed resilience with the PSEi gaining 0.46%. This fluctuation reflects ongoing economic adjustments amid global market conditions.

  • The peso fell to P56.68 against the dollar.
  • The PSEi gained 29.67 points, indicating investor confidence.
  • Foreign investors showed net buying activity in the market.
Read more: manilatimes
financials
FGEN

First Gen and Engtek Renew Renewable Energy Supply Deal

First Gen Corp. has renewed its supply agreement with Engtek Group to provide renewable energy to its facility in the Philippines, enhancing sustainability efforts. This partnership supports Engtek's commitment to reducing its environmental impact.

  • The agreement will supply electricity from First Gen's hydropower plants.
  • Engtek aims to lower its carbon emissions through this renewable energy source.
  • This partnership aligns with First Gen's goal of supporting sustainability initiatives.
Read more: manilatimes
PPC

Petron Raises P32 Billion from Bond Offering

Petron Corp. has successfully raised P32 billion from its latest bond offering, reflecting strong investor demand. This funding will support the company's long-term strategic initiatives.

  • The bond offering was part of a P50 billion shelf registration.
  • Strong investor response indicates confidence in Petron's long-term vision.
  • The bonds are set to be listed on the Philippine Dealing and Exchange Corp.
Read more: bworldonline
industrial

Del Monte Pacific Seeks Funding Amid US Bankruptcy

Del Monte Pacific Ltd. is actively seeking alternative funding sources as it faces rising liabilities following the bankruptcy of its US subsidiary. The company remains confident in the performance of its Philippine operations to sustain its obligations.

  • Del Monte Pacific's current liabilities exceed its assets significantly.
  • The company is exploring new funding options to improve cash management.
  • Philippine operations continue to perform well despite US challenges.
Read more: bworldonline
DMC

DigiPlus Announces P6-B Share Buyback Program

DigiPlus Interactive Corp. has approved a P6 billion share buyback program to enhance investor confidence and maximize long-term shareholder value. This move follows a significant drop in share prices amid regulatory concerns in the online gaming sector.

  • The buyback program is set for a 12-month period and may be renewed.
  • DigiPlus shares rebounded 15% following the announcement.
  • The buyback will be financed using internally generated cash flows.
Read more: bworldonline,gmanetwork
holding firms

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