Latest Market News

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

AEV

Ecozone Projects Worth P3.2B Approved by Marcos Administration

The approval of four ecozone projects worth P3.2 billion is expected to attract investments and create jobs, which could positively influence the economic landscape and shareholder returns in the Philippines. This initiative reflects a commitment to sustainable development.

  • The projects include expansions and new IT parks.
  • Expected to generate thousands of local jobs.
  • Investment in ecozones can enhance economic growth.
Read more: manilatimes
DMCholding firmsindustrial

DigiPlus Secures Spot in Fortune List of Fastest-Growing Firms

DigiPlus Interactive Corp. has been recognized in the Fortune Southeast Asia 500 list, highlighting its rapid growth and potential for increased shareholder returns. This recognition may enhance its attractiveness to investors, potentially impacting future dividends.

  • DigiPlus is listed among the fastest-growing companies by revenue.
  • This recognition can enhance investor confidence.
  • Potential for increased dividends as the company grows.
Read more: gmanetwork
services
PSE

Philippine Stock Exchange Targets Overseas Filipinos for Market Growth

The Philippine Stock Exchange aims to attract more overseas Filipinos to invest in the local stock market, which could enhance liquidity and shareholder engagement, potentially leading to increased dividends. This initiative reflects a strategic approach to broaden the investor base.

  • Less than 1% of overseas Filipinos currently have stock market accounts.
  • Partnerships with government agencies are planned to boost participation.
  • Increased participation could lead to higher liquidity and dividends.
Read more: bworldonline
financials
VLL

Vista Land Secures Funding for P10-B Maturing Bonds

Vista Land Lifescapes, Inc. has secured financing to settle P10 billion in retail bonds, which is crucial for maintaining investor confidence and supporting future dividend payments. This move reflects the company's commitment to financial stability.

  • Vista Land secured funding through shareholder advances.
  • The P10 billion bonds matured recently.
  • This financing is essential for maintaining investor trust.
Read more: bworldonline
property
SCC

Semirara Secures TRO Halting Duties on Fuel Imports

Semirara Mining and Power Corp. has obtained a temporary restraining order against the government's collection of duties on its fuel imports, which could positively impact its financial performance. This legal victory may enhance shareholder returns and support future dividend distributions.

  • The court issued a 20-day TRO against tax collection on fuel imports.
  • Semirara's legal action aims to protect its financial interests.
  • The outcome could influence future dividend announcements.
Read more: bworldonline
industrial

Peso nears P57:$1; PSEi also falls ahead of policy decisions

The peso's decline to near P57:$1 and the drop in the Philippine Stock Exchange index reflect investor caution ahead of key policy decisions, which could impact market sentiment and future dividend payouts. These economic indicators are crucial for dividend investors to monitor.

  • The peso weakened to P56.98:$1, its lowest since April.
  • The PSEi fell by 0.50%, indicating cautious investor sentiment.
  • Upcoming policy decisions by the Fed and BSP may influence market dynamics.
Read more: manilatimes
financials
PGOLD

Consumer behavior shift seen benefiting Puregold

Puregold Price Club Inc. is expected to benefit from a shift in consumer behavior towards sari-sari stores, with a special dividend announcement adding to its attractiveness for investors. The company's strong market position is forecasted to drive growth in net income and shareholder returns.

  • Puregold is well-positioned to benefit from increased visits to sari-sari stores.
  • A special dividend is expected to be announced in September.
  • Forecasts indicate a 3% rise in net income for 2025.
Read more: manilatimes
services

DigiPlus secures spot in Fortune list of fastest-growing firms

DigiPlus Interactive Corp. has been recognized in the Fortune Southeast Asia 500 list, highlighting its rapid growth and potential for increased shareholder value. This recognition may attract further investment and enhance its market position.

  • DigiPlus listed among the fastest-growing firms in Southeast Asia.
  • Recognition may lead to increased investor interest and market confidence.
  • The company's growth trajectory suggests potential for higher dividends.
Read more: gmanetwork
services
MWC

Gov’t to gain P50B from water concessionaires’ deal extension

The approved 10-year extension of contracts for Maynilad and Manila Water is expected to generate up to P50.3 billion for the government, which may influence the financial stability and future dividend potential of these companies. This development underscores the importance of water service providers in the Philippine economy.

  • Contract extension could generate P50.3 billion for the government.
  • Maynilad and Manila Water are key players in the Philippine water sector.
  • The extension may enhance the companies' financial outlook and shareholder returns.
Read more: bworldonline
services
SCC

Semirara secures TRO vs tax on fuel imports

Semirara Mining and Power Corp. has obtained a temporary restraining order against the collection of duties and taxes on its fuel imports, which could positively impact its financial performance and shareholder returns. The company reported a significant drop in net income last year, making this legal victory crucial for its profitability.

  • Temporary restraining order issued against tax collection on fuel imports.
  • Semirara's net income fell sharply last year, making this ruling critical.
  • The company aims to maintain its financial health amid regulatory challenges.
Read more: manilatimes
industrial
ICT

ICTSI Unveils PH's First Electric Port Tractors

International Container Terminal Services, Inc. has deployed the first fully electric terminal tractors in a Philippine port, marking a significant step towards sustainable operations and potentially reducing operational costs.

  • The electric tractors are part of ICTSI's commitment to sustainability.
  • This initiative supports the company's goal of achieving net-zero greenhouse gas emissions by 2050.
  • The deployment is expected to improve energy efficiency and reduce emissions.
Read more: manilatimes
ATI

Asian Terminals Inc. Allocates P4.2B for Port Expansion

Asian Terminals Inc. has allocated P4.2 billion for the expansion and modernization of its port infrastructure, which is expected to enhance operational efficiency and support future growth.

  • The investment will be used for expanding facilities and acquiring green technologies.
  • This expansion aligns with ATI's long-term growth strategy.
  • The modernization efforts aim to improve customer service and reduce carbon emissions.
Read more: manilatimes
ATI

PPA Approves 16% Cargo Handling Tariff Hike at Batangas Port

The Philippine Ports Authority has approved a 16% increase in cargo handling tariffs at Batangas Port, which will affect operational costs for shipping lines and could impact pricing for consumers.

  • The tariff hike will be implemented in two phases starting July 1, 2025.
  • This adjustment aims to support operational sustainability at the port.
  • Affected stakeholders include cargo owners, brokers, and shipping lines.
Read more: manilatimes

DigiPlus Interactive Corp. Secures Spot in Fortune's Fastest-Growing Firms

DigiPlus Interactive Corp. has been recognized in the Fortune Southeast Asia 500 list, highlighting its rapid growth and significant revenue generation, which may positively impact shareholder returns.

  • DigiPlus is listed among the fastest-growing companies in Southeast Asia.
  • The recognition may enhance investor confidence and attract new investments.
  • The company's growth trajectory suggests strong future performance.
Read more: gmanetwork
services
ACEN

ACEN Exits Diesel to Achieve Full Renewable Energy by 2025

ACEN Corp. is divesting its remaining diesel power assets to reach its goal of full renewable energy generation by the end of 2025, a strategic move that may enhance its appeal to environmentally-conscious investors.

  • ACEN aims for full renewable energy generation by the end of 2025.
  • The company is divesting its remaining diesel power assets.
  • This move aligns with global trends towards sustainability, potentially attracting more investors.
Read more: bworldonline
FB

San Miguel leads Philippine firms in ‘Southeast Asia 500’ list

San Miguel Corporation has retained its position as the highest-ranked Philippine firm in the Fortune Southeast Asia 500 list, reflecting its robust revenue generation capabilities. This strong performance may enhance its dividend potential for shareholders.

  • San Miguel is the highest-ranked Philippine firm in the Southeast Asia 500 list.
  • Reflects strong revenue generation capabilities.
  • Potentially enhances dividend prospects for shareholders.
Read more: business
industrial

DigiPlus secures spot in Fortune list of fastest-growing firms

DigiPlus Interactive Corp. has been recognized in the Fortune Southeast Asia 500 list, highlighting its status as one of the region's largest and fastest-growing companies by revenue. This recognition could bolster investor confidence and positively impact future dividends.

  • DigiPlus made it to the Fortune Southeast Asia 500 list.
  • Recognition as one of the fastest-growing firms by revenue.
  • Potentially boosts investor confidence and future dividends.
Read more: gmanetwork
services
CNPF

Century Pacific Food renews P14-B deal with Vita Coco

Century Pacific Food, Inc. has renewed its five-year agreement with The Vita Coco Co., Inc., valued at around P14 billion, which is expected to support 4,500 jobs in General Santos. This renewal reflects strong operational stability that could enhance shareholder returns in the long term.

  • CNPF renewed a P14 billion agreement with Vita Coco.
  • The deal will support 4,500 manufacturing jobs.
  • Indicates operational stability that may enhance shareholder returns.
Read more: bworldonline
AEV

Ayala’s ACEN sells diesel assets to parent firm

ACEN Corp. has announced the sale of its diesel power plants to its parent company, marking a strategic move towards becoming a fully renewable energy player by the end of 2025. This divestment aligns with the growing focus on sustainability, which could enhance investor sentiment and future dividend prospects.

  • ACEN is divesting from diesel assets to focus on renewable energy.
  • The sale is part of a strategy to become fully renewable by 2025.
  • This move may positively influence investor sentiment and dividends.
Read more: business
holding firms
AEV

BCDA remits P3.13 billion in asset disposition proceeds

The Bases Conversion and Development Authority (BCDA) has remitted P3.13 billion to the Bureau of the Treasury, representing proceeds from asset dispositions. This remittance follows an earlier cash dividend announcement, indicating strong financial performance that could impact future dividends for stakeholders.

  • BCDA remitted P3.13 billion to the Bureau of the Treasury.
  • This follows a P2.04 billion cash dividend announcement.
  • Indicates strong financial performance potentially benefiting stakeholders.
Read more: bworldonline
holding firms

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