Markets
Robinsons Retail exits bourse after years of undervaluation
A dozen years after its market debut, Robinsons Retail Holdings, Inc. (RRHI) is heading for an exit from the Philippine Stock Exchange, as its board backs a voluntary tender offer by controlling shareholder JE Holdings, Inc.
East Coast Vulcan plans restructuring, fundraising moves
East Coast Vulcan Mining Corporation said its board has approved a series of corporate actions aimed at cleaning up its balance sheet and positioning the company for potential capital raising.
RRHI exits No Brand outlets, refocuses portfolio strategy
Robinsons Retail Holdings Inc. (RRHI) said it will shut down all standalone No Brand stores in the Philippines, marking a strategic shift as the retailer streamlines its portfolio toward higher-performing formats.
Filipinos browse fashion, buy essentials in online sale event
Online retailer Shopee reported a 19 percent increase in orders during its 3.3 sale, based on newly released consumer data showing how Filipinos shop online.
FINEX urges deeper markets to sustain growth
The Financial Executives Institute of the Philippines is calling for faster development of the country’s capital markets, warning that sustaining economic growth will require broader, more reliable sources of long-term funding.
