Corporate
PLDT gains spotlight as top dividend pick amid market turbulence, says Macquarie
Amid heightened market volatility and a declining Philippine Stock Exchange index (PSEi), PLDT Inc. has emerged as a standout for income-focused investors, according to an 8 April strategy note from Macquarie Capital, which reaffirmed its “Outperform” rating on the telecom giant.
Ayala Land raising P55B in 2025 as capex, refinance Debt
Real estate giant Ayala Land Inc. (ALI) announced plans to raise ₱55 billion in 2025 to support its aggressive capital expenditure program and refinance maturing obligations, underscoring its strategic pivot toward high-end real estate and commercial land development amid shifting market dynamics.
PXP Energy widens loss on weaker Galoc output, lower oil price
PXP Energy Corp., a publicly listed oil and gas exploration firm, reported a first-quarter net loss of P9.4 million, significantly wider than the P2.6 million loss posted during the same period last year.
Chinabank hikes dividends, declares P6.7B payout
China Banking Corp., a banking affiliate of the Sy Group, said its board has approved a total cash dividend payout of P6.7 billion, reflecting the bank’s strong financial performance and commitment to rewarding shareholders.
Tanduay’s record profits fuel LTG growth amid strategic streamlining
Tanduay Distillers, Inc. (TDI) reported a record net income of P2.15 billion in 2024, a 37 percent jump from P1.57 billion the previous year, driven by strong liquor and bioethanol sales and strategic price hikes.
