The Securities and Exchange Commission (SEC) has released new guidelines governing the issuance of Sukuk, aiming to strengthen the country’s Islamic capital market and expand Shari’ah-compliant investment options for issuers and investors.
MREIT, Inc., the real estate investment trust of Megaworld Corp., saw distributable income climbing 18 percent to P3.7 billion last year from 2024, lifted by higher occupancy and sustained leasing momentum.
Ayala Land Inc., the flagship real estate developer of the Ayala Group, has successfully sold 88 million common shares of AREIT, Inc. at P42 per share, raising P3.7 billion before fees and taxes.
NVIDIA, the world’s most valuable publicly-traded company and the dominant supplier of chips powering the artificial intelligence revolution, capped a landmark year with blockbuster fourth quarter results, a bullish revenue outlook, and fresh momentum in its stock.
The Securities and Exchange Commission is redrawing the rulebook for companies eyeing a stock market debut, proposing a tiered minimum public ownership (MPO) framework that could make it easier—especially for large firms—to list on the Philippine Stock Exchange.