Markets

DMCI, Union Bank boot out Megaworld, Robinsons Land from PSEi

DMCI and Union Bank will replace Megaworld Corp. and Robinsons Land Corp., which will be booted out at the 30-company PSEi, based on the 2022 index review of the Philippine Stock Exchange. 

Areit secures SEC approval of its share swap with Ayala Land

Areit Inc., the real estate investment trust sponsored by property developer Ayala Land Inc. (ALI), on Wednesday obtained regulatory approval of its share swap proposal valued at P11.25 billion. 

PSEi seen reaching 7,800 points by yearend

The benchmark Philippine Stock Exchange index (PSEi) could hit 7,800 points within the year as most of its 30-members have forecast earnings exceeding pre-pandemic levels.

SEC stops Zamboanga firm offering 35 percent investment return in 15 days

The Securities and Exchange Commission has canceled the corporate registration of Silverlion Livestock Trading Corp. for soliciting investments from the public without the required...

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