Treasury bill rates fall after BSP rate cut
Yields on treasury bills fell across the board at Monday’s auction, following the Bangko Sentral ng Pilipinas’ surprise decision to lower its benchmark interest...
DoubleDragon chair buys P46.8M shares
Edgar “Injap” Sia II, chairman of DoubleDragon Corp., acquired a total of 5.12 million common shares of the company over two separate transactions earlier this month, signaling continued confidence in the property developer’s long-term prospects.
JLL brokers Vikings Group’s acquisition in prime Makati location
Global real estate services firm JLL (Jones Lang LaSalle Incorporated) has successfully brokered the Vikings Group’s acquisition of a prime commercial lot in Magallanes, Makati City, marking a strategic move for the expanding company to establish its new office headquarters in Metro Manila’s key business district.
Megaworld to reinvest MREIT proceeds in townships
Property developer Megaworld Corp. is set to reinvest approximately P3.4 billion in proceeds from its recent MREIT, Inc. share sales into expanding three of...
Electricity rates up in October, says Meralco
After a brief reprieve last month, consumers will once again see higher electricity bills. The Manila Electric Company (Meralco) announced an increase of P0.2331 per kilowatt-hour (kWh) for October, bringing the overall rate for a typical household to P13.3182 per kWh, up from P13.0851 per kWh in September.
