Stay updated with the latest news about dividends, earnings, and corporate actions in the Philippine stock market.
Net foreign direct investments in the Philippines rebounded to a three-month high of $610 million in April, indicating renewed investor interest despite global uncertainties.
Meralco has announced a hike in household power rates by 49 centavos due to increased generation charges, affecting consumers amid rising fuel prices and peso depreciation.
SM Prime Holdings has launched The Core Tower Three in Sta. Rosa, Laguna, as part of its strategy to expand its office portfolio and cater to the growing demand from BPO and professional services firms.
NexGen Energy Corp. is actively seeking foreign partners to develop its pipeline of renewable energy projects, highlighting its commitment to boosting the Philippines' renewable energy capacity.
The Philippine Stock Exchange index (PSEi) fell by 0.63% following the announcement of a 20% tariff on Philippine exports to the US, raising concerns about potential impacts on the export industry and overall economic performance.
NexGen Energy Corp. is actively seeking foreign partners to develop its renewable energy projects, which could enhance its growth and profitability. Successful partnerships may lead to increased shareholder returns and dividend opportunities.
SM Prime Holdings has launched The Core Tower Three in Sta. Rosa, Laguna, as part of its regional expansion strategy. This development is expected to create jobs and enhance the company's revenue potential, which may positively influence future dividends.
Analysts warn that the newly imposed 20% tariff on Philippine goods could significantly impact the export industry, potentially leading to reduced revenues and affecting companies' ability to pay dividends. The government is urged to engage in trade diplomacy to mitigate the effects.
The Philippine peso strengthened slightly against the US dollar, while the stock market fell following the announcement of a 20% tariff on Philippine exports to the US. This development may impact investor sentiment and future dividend distributions.
Filinvest Development Corp. has received approval from the Securities and Exchange Commission for a P8 billion preferred shares offer, enhancing its capital base. This move is significant for investors as it may lead to improved shareholder returns and dividend potential.
Vista Land & Lifescapes has obtained a P3.4 billion loan for refinancing purposes, which will support its ongoing real estate projects. This financial maneuver is crucial for maintaining liquidity and could positively influence future dividend distributions.
Meralco has reported that Phase 1 of its MTerra Solar project is now 54% complete, with significant capacity already installed. This project is expected to contribute to the company's long-term sustainability goals and could enhance shareholder value through renewable energy initiatives.
Xurpas Inc. is in discussions to sell its stake in Indonesian firm PT Sembilan Digital Investama as part of its strategy to improve its financial position. This divestment could positively impact the company's equity and future dividend potential.
SM Prime Holdings has announced the launch of its premium residential brand, Signature Series, with an initial capital expenditure of P25 billion for a 284-hectare development. This strategic move into the luxury market could enhance shareholder returns as demand for high-end properties increases.
Filinvest Development Corp. has received approval from the SEC for its P8-billion preferred share offering, which could enhance its capital structure and provide funding for future projects. This move is significant for investors looking for income-generating opportunities in the Philippine market.
BDO Unibank aims to raise at least P5 billion through its latest offering of peso-denominated sustainability bonds, which could enhance its capital base and support sustainable initiatives. This move is likely to positively impact shareholder returns.
Robinsons Land Corporation has completed the disbursement of approximately P1.87 billion raised from a block placement of shares, funding various capital projects. This strategic reinvestment is expected to bolster future growth and enhance shareholder value.
SM Prime Holdings has debuted its Signature Series, targeting the premium residential market with an initial investment of P25 billion for a 284-hectare project in Muntinlupa. This expansion into the luxury segment could enhance shareholder returns through increased property values.
Xurpas Inc. is in talks to divest its 49% stake in PT Sembilan Digital Investama as part of efforts to improve its equity position and avoid potential delisting. This strategic move could enhance the company's financial health and shareholder value.
Filinvest Development Corp. has received SEC approval for its planned P8 billion preferred share offering, which is expected to enhance its capital structure and support future growth initiatives. This move could positively impact shareholder returns as the company seeks to strengthen its financial position.
Get the latest news and updates.
Sign up for our newsletter.
No spam ever. Unsubscribe at anytime.