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We publish local news that could affect the performance of companies listed on the Philippine Stock Exchange (PSE).

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ICBC, World’s Largest Bank, to Set Up a Branch in the Philippines

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The Industrial and Commercial Bank of China (ICBC), the world's largest bank in terms of assets, will open up their branch in the Philippines.

DNL Industries Sees Ban on Single-Use Plastics as an Opportunity

DNL Industries' new product is the solution to the looming ban on single-use plastic. Will DNL's stock price go higher because of this?

PhilWeb Sells Acentic Investment to Niantic Holding

MANILA, Philippines – PhilWeb Corporation (PSE:WEB) reports selling its investment in Acentic GmbH to Niantic Holding GmbH. In a disclosure to the Philippine Stock Exchange (PSE) filed on behalf by Raymund Aquino,...

Bank of the Philippine Islands Under Probe for $19.5M Laundering Scandal

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The Bangko Sentral ng Pilipinas is currently investigating 10 banks for their alleged involvement in a massive money laundering scandal with Australian Bank Westpac. The Bank of the Philippine Islands is specifically named. Will this negatively affect the stock price of BPI? Who are the other banks?

Gokongwei Plans to Build Casino in Cebu Worth P18B

John Gokongwei, owner of the Universal Hotels and Resorts Incorporated (UHRI), has pledged to finance 18 billion pesos for the casino venture that he will be constructing in Cebu. He plans to build the project in the South Road Properties of Cebu, indicating the conglomerate's thrust toward the gaming industry.

PAL Acquires Zuma Holdings in a Share Swap Deal

MANILA, Philippines – PAL Holdings, Inc. (PSE:PAL) acquires Zuma Holdings and Management Corporation through a share swap agreement with the Cosmic Holdings Corporation and Horizon Global Investments Inc. In a November 28,...

Jollibee Completes Divestiture of Chow Fun Stake

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MANILA, Philippines – Jollibee Foods Corporation (PSE:JFC) discloses that the divestment of shares acquired by its wholly-owned subsidiary, Jollibee Worldwide Pte. Ltd. (JWPL), in Chow Fun Holdings LLC was completed. In a...

Why Subscribe Equilyst Analytics TODAY and NOT on NOVEMBER 1, 2018

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I'd like to inform you that today is the last day that you'll be able to subscribe, renew, or extend your current subscription for P399.00 per month. The rate hike of P493.90...

Philippine’s Leading Conglomerates to Invest in Data Science

Leading conglomerates will finance the 26,500 US Dollar tuitions of 19 students of the Asian Institute of Management's first batch of Masters of Science in Data Science. The global outbreak of artificial intelligence and big data has emphasized the demand for additional financing in Data Science.

Henry Sy Considers Bid for 3rd Telco Player Slot

Retail and banking magnate Henry Sy, Sr., may enter the bid for the slot of the third telecommunications company player in the Philippines. Willy Ocier said last weekend that the company is currently reviewing the terms of reference (TOR) of the government for choosing the third telecommunications player.
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