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Nickel Asia selling CNBC shares to Sumitomo Metal

Nickel Asia Corp. (NAC), one of the country's largest mining firms, has signed a share purchase agreement (SPA) with Japanese giant Sumitomo Metal Mining Co. Ltd. (SMM) for the sale of its entire stake in Coral Bay Nickel Corp. (CBNC).

PH economic progress highlighted at 2025 Pulse of Asia Conference

Frederick Go, Special Assistant to the President for Investment and Economic Affairs, highlighted in Singapore the country’s economic achievements and progress that helped solidify its position as a top investment destination in Southeast Asia.

PSE raises PDSHC stake to 59.53% with AIA deal

The Philippine Stock Exchange Inc. (PSE) said on Monday that it has closed an agreement with AIA Philippine Life and General Insurance Co. for the acquisition of the latter’s stake in Philippine Dealing System Holdings Corp.

PCTO warns Konektadong Pinoy bill could harm competition, national security

The Philippine Chamber of Telecommunications Operators (PCTO) has raised alarms over the Konektadong Pinoy bill, a key legislative measure designed to expand internet access and encourage new players in the telecom sector.

DoubleDragon launches P10 Billion bond offering

DoubleDragon Corp. has officially received approval from the Securities and Exchange Commission for its 7-year peso retail bond offer that is expected to raise up to P10 billion for the listed property developer and hospitality firm.

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TP ICAP op me new Philippine operations hub 

British financial markets infrastructure and data provider TP ICAP has expanded its Philippine footprint with the opening of a new facility at the Philippine Economic Zone Authority-accredited ECOPRIME Building in Bonifacio Global City.

Rockwell Land Q1 profit surges on growth

Rockwell Land Corp., the listed property developer of Lopez Inc., reported a 67 percent increase in net income attributable to the parent company for the first quarter, driven by residential sales and recognition of revenue from the Alabang Commercial Center (ACC).

Belle eyes Clark as next casino hub

Belle Corp., the gaming and high-end leisure unit of SM Investments, is looking at Clark as the Philippines’ next major integrated resort destination amid rising tourism demand and improving infrastructure in Central Luzon.

Peso near lows as markets turn defensive

The Philippine peso is again nearing record lows as persistent inflation, geopolitical tensions, and strong US dollar demand continue to pressure local markets. Rizal Commercial Banking Corp. chief economist Michael Ricafort said the peso could retest historic weakness after falling 1.8% this week and approaching the April 30 intraday low of P61.75 against the dollar.
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