Tag: PSE

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Del Monte seeks PSE lifting of trading suspension

Del Monte Pacific Limited (DMPL) said Friday it has asked the Philippine Stock Exchange (PSE) to lift the trading suspension imposed earlier this week after its external auditor issued a disclaimer of opinion on the company’s latest financial statements.

Lawyer Francis Lim named new SEC chairman

President Ferdinand R. Marcos Jr. has appointed lawyer Francis Edralin Lim as the new chairperson of the Securities and Exchange Commission. Executive Secretary Lucas P. Bersamin said on Tuesday that Lim will take over from SEC Chairman Emilio Aquino, whose seven-year term ends on June 6.

PSE partners with Nasdaq to modernize trading with Eqlipse

The Philippine Stock Exchange said Friday it has partnered with partnered with Nasdaq to implement the Nasdaq Eqlipse Trading platform, a significant upgrade in trading infrastructure, aimed at enhancing market liquidity, technological resilience, and investor confidence.

PSE acquires additional 8% stake in PDSHC

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 lists P5.3B preferred shares on PSE

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.

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Ube industry gets boost as DA-BPI distributes 60,000 planting materials

The Department of Agriculture through the Bureau of Plant Industry (BPI) has launched a large-scale program to expand the country’s ube (purple yam) industry, distributing over 60,000 planting materials worth nearly ₱2.6 million to 900 farmers in Bohol and Leyte. This is BPI’s first major ube planting material distribution under the High Value Crops Development Program, implemented in partnership with the Philippine Root Crop Research and Training Center (PhilRootcrops).

Integrated rail and road train system proposed to boost PH food security and economy

Investment banker Francis Yuseco has submitted a proposal to the Public Private Partnership (PPP) Center and Asian Development Bank (ADB) to combine high-speed passenger rail (capable of 300–400 km/h) with Philtrak’s patented road train technology for cargo transport.

Megaworld eyes 10,000 rooms amid expansion

Megaworld Hotels & Resorts is laying out more welcome mats across the country.

Communities, PPPs seen powering UHC progress

Universal Health Care may be crafted in policy halls, but its success will ultimately be determined in barangays, clinics and communities where patients seek care every day.

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