Corporate
Shakey’s Pizza Ventures expands rapidly with P1B investment, focuses on Visayas, Mindanao
Shakey’s Pizza Ventures Inc. (SPAVI) is on track to significantly boost its footprint across the Philippines, announcing plans to open one store per day as part of its aggressive expansion strategy.
Converge ICT projects continued growth, eyes double-digit revenue increase for 2025
Converge Information and Communications Technology Solutions, Inc. (Converge ICT) is projecting sustained double-digit revenue growth in 2025, fueled by its residential and enterprise segments, as it continues to capitalize on the growing demand for fiber-optic services in the Philippines.
Increased production, gold prices push Apex Mining 2024 income 28% higher
Apex Mining Co. Inc., a publicly listed mining company, announced a strong 28 percent increase in its consolidated net income for 2024, reaching P4.3 billion, compared to P3.4 billion in 2023.
PSE eases public float rule to boost liquidity for large IPOs
The Philippine Stock Exchange Inc. (PSE) has received approval from the Securities and Exchange Commission (SEC) to temporarily relax the minimum public float requirement for companies raising over P5 billion, such as Globe Fintech Innovations Inc. (Mynt), which owns GCash.
Stock transactions seen surging seven-fold following Capital Market Efficiency Act
The Philippine stock market is poised for a significant boom, with transactions expected to increase by seven times once the Capital Market Efficiency Promotion Act (CMEPA) is signed into law, according to Frederick Go, Special Assistant to the President for Investment and Economic Affairs Secretary.
