Metro Pacific Tollways Corp. (MPTC) on Sunday signaled its readiness to resume discussions with San Miguel Corp. (SMC) on the proposed consolidation of their tollway businesses—a move seen as pivotal in reshaping the country’s expressway landscape and unlocking synergies across major infrastructure assets.
The Philippine Stock Exchange (PSE) is taking steps to revitalize the country’s exchange traded fund (ETF) market, citing persistent liquidity challenges that have undermined the performance of its sole ETF product. The First Metro Philippine Equity Exchange Traded Fund (FMETF), which tracks the PSEi benchmark, has seen lackluster trading, with shares closing at P105.60 on Friday—down from a 52-week high of P121.50.
In a strong move underscoring the intensifying push for road safety, the Land Transportation Office (LTO), under the Department of Transportation (DOTr), has issued show cause orders against vehicle owners involved in recent fatal and injurious road crashes in Quezon and Cavite.
The Philippine Stock Exchange Inc. (PSE) is open to selling up to 49 percent of the Philippine Dealing and Exchange Corp. (PDEx) to the Bankers Association of the Philippines (BAP), marking a significant development in the ongoing integration of the country’s capital markets.
