Stay updated with the latest news about dividends, earnings, and corporate actions in the Philippine stock market.
Meralco enters the tournament as the reigning champion, with strategies in place to maintain its competitive edge. Success in this tournament could enhance brand value and shareholder confidence.
Megawide Construction Corp. is set to commence construction of Block 2 of Cebu City's Carbon Market redevelopment, expected to enhance its revenue streams. This project aligns with the company's growth strategy and could positively impact shareholder returns.
Philippine Airlines is expanding its Cebu hub network with additional flights and increased seat capacity, responding to rising travel demand. This expansion could enhance revenue and shareholder returns for the airline.
The Philippine stock market experienced significant declines following US President Trump's announcement of new tariffs, causing investor unease. This development may impact corporate earnings and dividend payouts in the affected sectors.
Ayala Corp. has finalized an investment agreement with Mitsubishi Corp., granting the latter a 6.5% stake in GCash, enhancing its presence in the fintech sector. This deal is expected to boost GCash's service offerings and shareholder value.
Alsons Development and Investment Corp. has invested P800 million in its latest residential project, Mahogany South, which is expected to generate around P2 billion in net sales. This project is a significant addition to Alsons' portfolio and is likely to enhance shareholder value.
AyalaLand Logistics Holdings Corp. has announced its upcoming annual stockholders' meeting, which is crucial for shareholders to discuss company performance and future strategies. This meeting will provide insights into the company's direction and potential dividend announcements.
MPOWER, the retail electricity unit of Manila Electric Co., has renewed its power supply agreement with Toyota Aisin Philippines to support its manufacturing plant in Laguna. This renewal signifies MPOWER's commitment to providing reliable energy solutions, which is crucial for its long-term growth and stability.
Megawide Construction Corp. aims to complete the redevelopment of Block-2 of Cebu's Carbon Market by early 2026, with an investment of approximately P1.1 billion. This project is expected to enhance Megawide's portfolio and contribute positively to its financial performance.
Ayala Corporation has finalized a $320-million deal with Mitsubishi Corporation for the acquisition of a 50% stake in its unit, enhancing GCash's valuation ahead of its planned public listing. This investment is expected to significantly impact the growth potential and shareholder returns for Ayala and its stakeholders.
AyalaLand Logistics Holdings Corp. has announced its upcoming annual stockholders' meeting, which is crucial for discussing future strategies and shareholder returns. This meeting is an opportunity for investors to engage with the company's leadership.
Alsons Development and Investment Corp. has invested P800 million in its latest residential project, Mahogany South, which is expected to generate around P2 billion in net sales. This development reflects Alsons' strategy to capitalize on the growing demand for housing in Davao.
MPOWER, the local retail electricity unit of Meralco, has renewed its power supply agreement with Toyota Aisin Philippines, ensuring reliable electricity for its manufacturing plant in Sta. Rosa, Laguna. This partnership underscores MPOWER's commitment to supporting key industries in the Philippines.
Megawide Construction Corp. aims to complete the construction of Block-2 of the Carbon Market redevelopment in Cebu by the first quarter of 2026. This project, valued at approximately P1.1 billion, is expected to enhance Megawide's portfolio and contribute to its revenue growth.
Ayala Corporation has finalized its $320-million deal with Mitsubishi Corporation for a 50% stake in its unit, enhancing GCash's valuation ahead of its planned public listing. This investment is expected to significantly impact the growth trajectory of GCash, the leading mobile wallet in the Philippines.
Global stock markets experienced declines amid fears of impending US tariffs, which have raised concerns about inflation and potential recession. The uncertainty has led to increased volatility in financial markets, impacting investor sentiment.
Manila Water Co., Inc. is advancing its P95-billion capital expenditure program for water and wastewater projects, set to run until 2027. This substantial investment aims to enhance service delivery and infrastructure development in the East Zone.
Aboitiz Power Corp. has scheduled its annual stockholders' meeting for April 24, 2025, providing shareholders with an opportunity to discuss company performance and future strategies. This meeting is crucial for investors to assess the company's direction and dividend policies.
Filinvest Development Corp. (FDC) has increased its capital expenditure budget for 2025 to P24 billion, a 20% increase from the previous year, to drive growth across its business segments. This investment is aimed at enhancing operational capabilities and expanding its market presence.
The Philippine Ports Authority (PPA) will remit P5.20 billion in dividends to the national treasury for 2024, marking a 54% contribution of its net earnings. This remittance exceeds previous contributions and reflects PPA's strong financial performance.
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