The Philippine Stock Exchange Inc. (PSE) announced on Tuesday that it has completed the acquisition of an 8 percent stake in the Philippine Dealing System Holdings Corp. (PDSHC), increasing its ownership to approximately 91 percent.
Megawide Construction Corp. has listed on the Philippine Stock Exchange its Series 6 Preferred Shares that raised P5.3 billion, an amount that is 1.7 times more than the base P3.0 billion offering, underscoring strong investor interest in the listed construction firm.
A little over a dozen companies listed on the Philippine Stock Exchange (PSE), including those owned by prominent families, are now required to submit monthly public ownership reports (POR)—an early-warning system established by the bourse to monitor firms teetering close to the minimum ownership threshold.
President Ferdinand R. Marcos Jr. has ordered a feasibility inspection for the potential construction of a seaport and airport in the Kalayaan Island Group, a move Malacañang says could jumpstart tourism and create new livelihood streams in one of the country’s most remote municipalities.
Global capability centers (GCCs) are poised to outpace the broader information technology–business process management (IT-BPM) industry in both revenue and job creation, underscoring their growing role in the Philippines’ outsourcing landscape.
The Intellectual Property Office of the Philippines (IPOPHL) is pushing back firmly against any suggestion that Manila should return to Washington’s intellectual property watch list, arguing its removal remains “fully warranted.”
Philippine-owned fintech BCRemit is rapidly expanding its global reach, now operating in 23 countries while broadening its focus beyond overseas Filipino workers (OFWs) to serve small and medium-sized enterprises (SMEs) and global migrant markets.